CRYPTONEWS WEEKLY ??- May 24, 2024
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?? TOP NEWS OF THE WEEK
Brazil's central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year.
The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools.
Hong Kong police have arrested 100 individuals in a significant crackdown on fraud and money-laundering syndicates, recovering over HK$180 million (US$24.2 million) from 295 victims.
Tigran Gambaryan, a detained executive of Binance, collapsed in court due to ill health during his ongoing money laundering trial in Nigeria.
Coinbase is reintroducing support for XRP in New York, allowing residents to buy and sell the cryptocurrency on its platform once again.
Hong Kong’s Securities and Futures Commission (SFC) is reportedly considering allowing the issuers of Ethereum ETFs to offer Ether staking.
The number of United States adults reporting cryptocurrency ownership or usage has seen a significant decline, Fed survey shows.
Gate.io's Hong Kong entity, Gate.HK, is winding down its operations and withdrawn an application for a crypto trading platform license.
Sam Bankman-Fried, sentenced to 25 years for financial fraud, is being moved to a federal correctional facility in California despite his request to stay in New York for appeal preparations.
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