Bank of England Cites Crypto Integration With Traditional Finance a Risk to Financial Stability
The Bank of England argues that there is potential for crypto to pose greater threats to financial stability with greater...
Politics
Argentines Turn to USDT as a Hedge After Finance Minister Quits
Argentines turn to stablecoins as a hedge after the resignation of former Economy Minister Martin Guzman on Saturday. Guzman penned...
Morocco to Begin Talks With IMF, World Bank on Regulating Crypto
Morocco is building out a regulatory framework for crypto with the help of established industry players. The central bank announced...
Grayscale Prepares Itself for SEC Ruling on Spot ETF
Grayscale CEO Michael Sonnenshein has told investors he is ready for a spot bitcoin exchange-traded fund (ETF) regardless of what...
Indian Exchanges Brace Themselves for Hard Crypto Winter
India’s biggest crypto exchanges face a brutal market winter amid unfriendly local regulations. Plummeting prices, the looming cryptocurrency taxation scheme,...
U.S. Department of Labor Faces Scrutiny on Bitcoin 401(k) Plans
The U.S. Department of Labor is receiving pushback from an industry initiative, requesting it rescind its previous guidance on including...
$60B Wiped off Crypto Market as Bitcoin, Ethereum Tumble to New Lows
In the early trading hours of June 18, the two flagship digital assets, Bitcoin and Ethereum, crashed by over 8%,...
U.S. Court of Appeals Rules Terraform Labs Must Comply with SEC
On Thursday, the U.S. Court of Appeals for the Second Circuit ruled that Terraform Labs CEO Do Kwon must comply...
U.S. Treasury Department on Track to Regulate Unhosted Wallets
The U.S. Treasury Department is progressing toward addressing the anonymity of unhosted crypto wallets as part of Joe Biden’s wider...
Coin Center Sues U.S. Treasury for Unconstitional Amendment to Tax Bill
Blockchain advocacy group Coin Center filed a lawsuit on Friday against the U.S. Treasury Department and the IRS for allegedly...
Rep. Madison Cawthorn Fails to Report Up to $950,000 in Crypto Trades
A recent disclosure filed with the U.S. House of Representatives on Wednesday revealed that Rep. Madison Cawthorn (R-NC) failed to...
CFTC Commissioner Summer Mersinger Pushes for Agency’s Control
The Commodity Futures Trading Commission (CFTC) is pushing to become the primary regulator for the crypto industry, according to Commissioner...
Federal Reserve Vice Chair Testifies to CBDC and Stablecoin Benefits
Federal Reserve Vice Chairwoman Lael Brainard testified before a House committee on Thursday on the benefits and risks of a...
CFTC Charges Oregon and Illinois Resident in $44 Million Fraud
On Thursday, the Commodity Futures Trading Commission (CFTC) announced that it filed a civil enforcement action against an Oregon and...
Utah to Create Blockchain and Digital Innovation Task Force; Governor Signs Bill
Utah’s Governor Spencer Cox has approved a bill to create a Blockchain and Digital Innovation Task Force, which will enable...
Colorado Bill Looks to Study Security Tokens to Help Raise Capital
In its latest move towards becoming a true digital state, Colorado is pushing a bill that aims to explore how...
With Recent Interest Rate Hike, Has the Federal Reserve ‘Lost All Control?’
On a recent episode of The Best Business Show, bitcoin investor Anthony Pompliano shared his thoughts on The Federal Reserve’s...
India’s Legislative Crypto Decisions Will Impact Nepal; Regulator Restricts Apps & Websites
In a circular released earlier this week, the Nepal Telecommunications Authority (TPA) has warned against the use of crypto instruments...
Brazilian Senate Passes Bill to Regulate Crypto Sector
On Tuesday, the Brazilian Senate plenary passed a bill that would regulate crypto transactions in the country, by introducing “virtual...
New York’s Mayor Wants to Get Rid of the ‘BitLicense’ Rule
On Wednesday, New York mayor Eric Adams raised concern from financial watchdogs after he suggested that New York scrap its...
Vitalik Buterin Criticizes Sanctions Against Everyday Russians
Vitalik Buterin, the Ethereum co-founder, has expressed sentiments opposing the widespread imposition of sanctions against Russians. The developer shared his...
State of Tennessee Looking for Vendors to Assist With Unclaimed Crypto
The State of Tennessee has requested proposals from contractors who can help it manage unclaimed cryptocurrency on its behalf. According...
