- Coinbase is being sued for over $1 billion by BiT Global for its decision to remove Wrapped Bitcoin (WBTC) from the exchange. BiT Global accuses Coinbase of deliberately monopolizing the WBTC market and providing misleading information. 🤔 What do you think about this move?
- Kraken Australia has been fined 5 million Australian dollars for regulatory violations. An Australian court found that they did not comply with design and distribution obligations. Do you agree with this fine?
- Vancouver has passed a proposal to become a "Bitcoin-friendly city." Mayor Ken Sim wants to integrate BTC into the city’s financial operations. Do you think this is a step in the right direction for the future?
- A U.S. judge criticizes the FDIC for a lack of transparency in modifying a letter related to crypto sent to banks. The decision requires the FDIC to revise it by January 3rd. Do you think transparency is important?
Share your thoughts in the comments below! 👇