A US federal appeals court has killed the infamous 30% “Apple Tax” on in-app purchases for all apps on the Apple platform. The court ruled that Apple can no longer block developers from linking to external payment systems. “The Court found that Apple’s 30 percent commission allowed it to reap supracompetitive operating margins and was … Read more
Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country. On March 21, South Korean regulators ordered Google Play to block access to exchanges that were not compliant with the requirements needed to operate in the country. On April 11, South Korea’s Financial Services Commission (FSC) ordered … Read more
Key Points: Market impact, expert cautions, Bitcoin’s evolving role amidst U.S. Treasuries sell-off. Bitcoin outpaces Dow Jones by 13% margin. Bitcoin’s complex role between risk asset and safe haven questioned. Bitcoin (BTC) has shown relative strength during a sharp U.S. Treasuries sell-off earlier this month, demonstrating resilience compared to U.S. stocks and the dollar, according … Read more
Binance, the world’s largest cryptocurrency exchange, started the day with an altcoin listing. At this point, Binance announced that the altcoin called SXT was listed in futures with 5x leverage. “To expand the list of trading options offered on Binance Futures and enhance users’ trading experience, Binance Futures will launch pre-market trading of the SXT/USDT … Read more
On 1 May 2025, Morgan Stanley revealed its plan to launch crypto trading through its E-Trade platform. According to a Bloomberg report, one of the most substantial banks -Morgan Stanley- plans to launch the crypto services in 2026. However, the project is in its nascent stage for now. Furthermore, Morgan Stanley is considering partnering with … Read more
The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027. Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies. “Article 79 of the … Read more
Investment advisor Two Prime is ditching Ethereum over its memecoin-like behaviour and underwhelming price performance. The SEC-approved firm says it will double down on Bitcoin (BTC) while conducting a post-mortem on Ethereum. Two Prime Drops Ethereum Over Memecoin Behaviour SEC-approved investment advisor Two Prime has called it quits with Ethereum following a raft of negative … Read more
YIWU, CHINA – NOVEMBER 26: Foreign clients select festive goods at China Yiwu International Trade City on November 26, 2024 in Yiwu, Zhejiang Province of China. Hu Xiao/VCG via Getty Images For years, Christmas merchandise has been hitting the U.S. shelves earlier, as retailers try to capitalize on the lucrative holiday season — a retail … Read more
“Unfortunately, this industry happened before AI, so we need to change this industry into an AI-enabled industry,” said Changpeng Zhao (CZ), the founder of Binance, at the Token2049 event in Dubai on 30 April 2025. Speaking on the future implications of AI, CZ iterates that AI will completely revamp the user experience when it comes … Read more
This content is provided by a sponsor. PRESS RELEASE. Fastex has announced the launch of YoWallet, an upgraded version of its existing Fastex Wallet app. The migration process has already started, allowing users to transition smoothly to YoWallet to benefit from enhanced functionality and performance. YoWallet introduces several enhancements, including real-time notifications for wallet activities, … Read more