The US Securities and Exchange Commission (SEC) is contemplating a virtual inspection of Binance.US’s technological infrastructure, systems, and software. The SEC and the defendants filed a joint status report with the c
The SEC’s Friday decision to deny Coinbase Global’s petition for new rules in the digital asset sector marks a pivotal moment in the ongoing crypto regulatory debate. The 3-2 vote by the five-member commission denial sig
KuCoin, the premier cryptocurrency firm, has agreed to cease operations for users in New York. Also, KuCoin has committed to pay a hefty $22 million fee to settle a lawsuit initiated by the state. This decision aligns wi
As 2023 fades away, and we run into 2024, many within the cryptospace wonder what will come next. Everything is happening all at once. We contacted 17 industry heavyweights, who gave us their thoughts and predictions for
From January 29, 2024, Google will open its doors to crypto ads. The search engine giant revealed a policy change intended to increase openness and disclosure following a five-year prohibition on crypto product marketing
In a December 13, 2023, statement, the Financial Accounting Standards Board (FASB) unveiled new regulations mandating companies to factor cryptocurrencies like Bitcoin based on their fair value. These rules will become e
On December 9, the National Vulnerability Database (NVD) reported a major security issue in Bitcoin’s inscriptions, affecting the 2022 Ordinals Protocol. This problem could impact Bitcoin’s network and transaction costs.
In the heart of Central America, the vibrant pulse of the cryptocurrency revolution beats steadily within the borders of El Salvador. El Salvador emerged as a trailblazer in this digital age. It captured global attention
Shant Kevonian, CEO and Founder of EtherMail Web 3.0 communications among NFT token holders are now possible with a partnership between DeRace, a virtual horse racing ecosystem, and EtherMail, a boutique Web 3.0 messagin
Tether, a major stablecoin issuer, has announced a new policy starting December 9 to voluntarily freeze wallets on the Office of Foreign Assets Control’s (OFAC) Sanctioned List. This move, part of Tether’s efforts to wor
JPMorgan Chase CEO Jamie Dimon reiterated his negative stance on cryptocurrencies before the Senate Banking Committee, advocating for government intervention to shut down the industry, which he argues is primarily used f
Bitcoin Core developer Luke Dashjr has identified a critical vulnerability in Bitcoin Core, the underlying software for the Bitcoin network. He asserts that a forthcoming bug fix could potentially halt the creation of ne
In a remarkable display of sustained growth, the digital asset market has seen a cumulative inflow of $1.76 billion over the past 10 weeks, according to the latest report from CoinShares. This continuous inflow, with Eth
Following several legal and regulatory victories in the cryptospace, the Treasury is looking to expand its powers. Additionally, this time, its reach will be global. Wally Adeyemo, Deputy Secretary of the Treasury, itera
Against all odds, the Bank for International Settlement’s Innovation Hub unveiled plans for a private CBDC. The BIS has theoretically faulted skeptics’ claims that integrating privacy features with a CBDC is impossible.
Cuautemoc Weber, CEO at Gateway.fm Just how complex are blockchains? How have regulatory responses changed the adoption pace? Are we “there” yet in the cryptospace? What will come next? These are some of the many questio
Across the pond, the United Kingdom’s investment association approved tokenization efforts and revealed its blueprint. According to a Friday, 24th November UK IA press release, the adoption of distributed ledger technolo
According to a new Bank for International Settlements (BIS) report, stablecoins lack the “mechanisms” to maintain stability. Written by the Monetary and Economic Department of the BIS, the report considered stablecoins f
The International Organization of Securities Commissions (IOSCO), the global securities regulatory body, recently released its final proposals for digital asset regulation. The proposals put quite a few events in play an
“CZ” Zhao, The Founder and CEO of Binance, Stepps Down In one of the crypto community’s most anti-climatic moments, Changpeng “CZ” Zhao, the founder and CEO of Binance, stepped down. CZ said in a lengthy “X” post, “Today
Jump Trading, a key figure in cryptocurrency trading, has officially made its Wormhole protocol a separate entity. This news, brought to light by Bloomberg News on November 17, cites informed sources and marks a signific
Fidelity Investments, a major American investment management firm, has filed an application with the U.S. Securities and Exchange Commission (SEC) to list its Ethereum spot Exchange Traded Fund (ETF), marking a significa
BlackRock, the financial behemoth, has issues with stablecoins as an asset class. According to its iShares Bitcoin spot exchange-traded fund (ETF) filing, BlackRock identifies stablecoins as risk factors. The price fluct
Crypto.com has secured a provisional license from Dubai’s regulatory authority, CRO DAX Middle East FZE, marking a significant step in its global expansion. This license, as reported by Reuters, allows Crypto.com to offe
