President Faustine—Archange Touadera of the Central African Republic announced the Launch of an official $CAR memecoin inspired by the Central African Country.  President Touadera announced the memecoin on his official X page, quelling rumors and FUD around the memecoin that surged to over $300 million market cap within the first four hours of Launch.  Today,…

Binance Cofounder and Ex CEO Changpeng Zhao clarified his position on the place of memecoins in the crypto industry while knocking centralized exchanges for the lag in their token listing process.  As he is fondly called, CZ shared his opinion on the above issues on his X page, sparking a flurry of interactions from his…

The Hong Kong Investment Promotion Agency for the first time, recognized Bitcoin and Ethereum as viable proof of Assets. The Agency endorsed an applicant who showed his Bitcoin and Ethereum assets as proof of funds eligible for immigration. Hong Kong accountant Xiao Yaohe revealed the historic development stating that a client with Ethereum worth 30…

Bloomberg Exchange Traded Fund analyst James Seyfartt revealed that the United States Securities and Exchange Commission has acknowledged Grayscale’s Solana’s 19b-4 marking a significant step toward the Solana ETF launch.  James Seyffart revealed the filling on his X page, stating that the deadline for the application will be somewhere around October 11.  Solana has been…

The Japanese Financial Services Agency recently demanded Tech giants Apple and Google remove their platforms from a list of top exchanges operating in the country.  The exchanges involved include Bybit, Kucoin, Mexc, Lbank and Bitget. These exchanges are among the top exchanges in the crypto industry and are locked in a regulatory tussle with the…

Bybit, one of the leading top exchanges in the crypto industry, has fully registered with India’s Apex Financial Regulatory Agency.  Bybit, in a press release, announced that it had completed its registration with India’s Financial Intelligence Unit, settling disputes and addressing all regulatory issues.  Bybit recently faced regulatory challenges with India’s Financial Intelligence Unit (FIU-IND). …

The World’s largest Asset Manager, Blackrock, announced plans to launch an exchange-traded Fund in Europe in addition to the already existing one in the United States.  Blackrock, the asset manager with over $11.6 trillion in assets under management is currently the largest Bitcoin ETF product by inflows in the United States.  The firm is looking…

The Federal Deposit Insurance Corporation expects banks in the US to expand their involvement with Crypto under the administration of Donald Trump.  The Agency believes US banks should take advantage of the crypto-friendly nature of the Trump administration to deepen its relationship with the crypto industry.  The FDIC hopes to facilitate this by revising the…