#crypto

Major Swiss bank SGKD has joined forces with SEBA Bank to introduce services for storing and trading cryptocurrencies (BTC and ETH), catering to retail investors.

The SEC has brought charges against the company’s founders, including its CEO and CTO, for orchestrating an extensive fraudulent scheme involving the unregistered sale of a crypto security.

Addresses linked to FTX and Alameda Research continue transferring tokens to centralized exchanges. In the last 24 hours, they've moved crypto assets valued at over $13 million, as per Spot On Chain data.

The Spanish government has announced its intention to adopt the European Union's comprehensive crypto framework (MiCA) at the national level, moving up the implementation timeline by six months. This expedited schedule is driven by the need to establish legal clarity and enhance investor protection in the cryptocurrency sector, as stated by the country’s officials.

Thailand's second-largest bank, Kasikorn, commonly known as KBank, has acquired a 97% stake in the parent company of the Satang crypto exchange, with the deal valued at $102.8 million.

In the upscale Vake district of Tbilisi, criminals targeted the cryptocurrency exchange TONWEX, making off with approximately $811,000. When the police arrived at the scene, some of the culprits posed as forensic investigators to assist their associates in escaping.

Gemini is suing crypto lender Genesis to ascertain the rightful ownership of Grayscale Bitcoin Trust (GBTC) shares worth nearly $1.6 billion.