Vancouver Bitcoin reserve effort hits resistance from city officials
Vancouver city staff say Bitcoin is not permitted under the Vancouver Charter and recommend dropping Mayor Ken Sim’s 2024 reserve proposal ahead of a Tuesday council vote.
Dubai regulator orders KuCoin entities to stop unlicensed operations
The regulator warned investors that promotions tied to the exchange are not approved in Dubai and urged residents to verify licensed virtual asset providers.
Construction begins at quantum facility big enough to break Bitcoin
PsiQuantum co-founder Terry Rudolph said in July it has no plans to attack Bitcoin, even if its upcoming facility becomes powerful enough to break the blockchain’s cryptography.
SEC ends case against Justin Sun with $10M settlement
The Securities and Exchange Commission has ended its long-running fraud and securities violation lawsuit against Justin Sun after one of his companies agreed to pay a $10 million fine.