Minneapolis Fed Proposes Banning Bitcoin
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could help ensure the government runs permanent budget deficits.
Oct 21, 2024Policy & Regulation
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Fracture Labs Sues Jump Crypto
Web3 game developer Fracture Labs has filed a lawsuit against market maker Jump Crypto for allegedly launching its own cryptocurrency, DIO.
Oct 18, 2024Artificial Intelligence Entered Politics: Bentley Hensel and DonBot
Independent candidate Bentley Hensel once again brought up the impact and usage areas of artificial intelligence in politics by using the artificial intelligence bot "DonBot" instead of his opponent Don Beyer in a congressional debate for Virginia's 8th District.
Oct 18, 2024Rival to Tether: The Rise of AED Stablecoin
At a time when Tether remains on hold, AED Stablecoin has emerged as a prominent candidate to launch the United Arab Emirates' (UAE) first regulated dirham-backed token.
Oct 18, 2024CFTC Appeals Kalshi's Election Betting Decision
The US Commodity Futures Trading Commission (CFTC) has argued that a federal court judge made "an error" by allowing betting platform Kalshi to list event contracts for the 2024 US elections.
Oct 18, 2024The Rise of Stablecoins: The US Is Being Left Behind
Increasing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are two key reasons why stablecoins are growing rapidly in other regions.
Oct 17, 2024Quick Step for Cryptocurrency Regulations in Ireland
Ireland has decided to urgently prepare cryptocurrency regulations before the European Union's Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) standards come into force on December 30.
Oct 17, 2024Singh's Sentencing in FTX Crash Will Be Announced on October 30
Nishad Singh will appear in court and be sentenced on October 30 for his role in the collapse of the FTX exchange.
Oct 17, 2024Bitcoin Tax Increases to 42% in Italy
Italy plans to increase tax on Bitcoin capital gains to 42% and remove the 750 million euro minimum income requirement for the Digital Services Tax.
Oct 16, 2024New Cyber Security Regulations Coming to the Crypto Industry
The European Securities and Markets Authority (ESMA), the European Union's market supervisory authority, plans to subject crypto companies' cyber defenses to mandatory external audits in a bid to increase consumer protection in the face of increasing cybersecurity breaches. This move is considered an important step to increase security in the crypto industry and protect consumers.
Oct 16, 2024Statements from VARA, Dubai's Crypto Regulator
Sean McHugh, senior official at Dubai's Virtual Assets Regulatory Authority (VARA), stressed that the balance in the regulator's licensing process is right and that the perception of an unconventional friendliness in the crypto industry is wrong.
Oct 16, 2024John Deaton Criticizes Elizabeth Warren for Her Anti-Crypto Policies
While running as the Republican candidate for the U.S. Senate in Massachusetts, John Deaton harshly criticized current senator Elizabeth Warren in his first debate and took aim at her efforts to build an “anti-crypto army.”
Oct 16, 2024Trump's Lead in Prediction Markets Grows
While former US President Donald Trump increased his advantage over Vice President Kamala Harris in the prediction markets, BlackRock CEO Larry Fink stated that the US presidential elections will not make a significant difference for Bitcoin.
Oct 15, 2024Binance and Delhi Police Bust $100,000 Crypto Scam
Binance and Delhi Police have busted a $100,000 scam that duped investors with false claims about India's renewable energy initiatives.
Oct 15, 2024Harris Supports Crypto, But Tough on Taxes and Mining
According to Galaxy Research, Harris has a softer stance on crypto regulations than Biden, but is more skeptical than Trump on taxes, Bitcoin mining and self-custody.
Oct 15, 2024TD Bank Announces $1 Billion Crypto Transfers
TD Bank processed more than $1 billion in wire transfers from two international crypto platforms, according to FinCEN (Financial Crimes Prevention Network). This situation draws attention in connection with some of the problems the bank has experienced recently.
Oct 14, 2024Telegram Appoints Local Representative in Kazakhstan
Telegram's agreement to establish an office in Kazakhstan dovetails with the company's increased compliance efforts as its CEO Pavel Durov remains in France amid an ongoing investigation.
Oct 14, 2024AED Stablecoin Stands Out in UAE With Competition from Tether
While Tether remains on hold, AED Stablecoin has emerged as a frontrunner in the race to launch the United Arab Emirates' (UAE) first regulated dirham-pegged token.
Oct 14, 2024