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GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO

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Grayscale Investments’ boss, Michael Sonnenshein, said that if GBTC got the green light to “convert” to a spot Bitcoin ETF there would “no longer” be a discount or a premium, amid ongoing legal action against the SEC.

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Coin Market

EU regulator sets restrictive measure guidelines for crypto providers

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Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU’s restrictive measures regimes.

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Coin Market

South Korea probes Upbit for 600K KYC violations

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Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.

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Coin Market

FSB calls for stricter oversight against AI vulnerabilities

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FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance and systemic vulnerabilities.

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