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,...
Politics
$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. 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...
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...
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...
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...
Central African Republic Under Scrutiny By IMF Following Bitcoin Adoption
The Central African Republic is under scrutiny from financial analysts, entrepreneurs, and the International Monetary Fund (IMF), drawing unfavorable comparisons...
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...
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...
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...
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...
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...
DAOs Get Control Back From Secret, Private People Who Escape Justice
DAOs: we need to get control back from big tech, environmental vandals, politicians and their unnecessary wars, financial terrorism, medical...
Silk Road Founder Ross Ulbricht to Forfeit $3 Billion in BTC; Extinguishes Debt to Government
The incarcerated founder of the now-defunct dark web marketplace, Silk Road, Ross Ulbricht, is going to forfeit his claim to...
Will Russia’s Turn to China’s UnionPay Actually Make a Difference?
With western sanctions continuing to cripple Russia’s economy, the country has had to look to alternative payment systems since being...
