Biden may rethink SAB 121 vote veto due to political support for crypto
The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision?
Related Posts
NFT volume has more than tripled — even amid price crash — as Meme.com raises $5M
The NFT sector has seen exponential growth, tripling in transactions since January and pushing through the market crash this month. 1016 Total views 2 Total shares The popularity of non-fungible tokens, or NFTs, shows little sign of slowing down, despite the extraordinary marketwide crash that wiped more than $1 trillion off the crypto market cap.According…
Samsung-Backed Blocko to Build Blockchain-Based Credit System for Arab Bank
The Islamic Development Bank’s research organization has partnered with Blocko to build a blockchain credit management system. 1781 Total views 46 Total shares The research arm of Suadi Arabia’s Islamic Development Bank Group is aiming to develop a blockchain-based smart credit management system.To achieve this, the bank's Islamic Research and Training Institute, or IRTI, has…
Cardano’s upcoming Alonzo smart contract update takes ADA to new highs
Cardano (ADA) has become one of the most prominent upcoming blockchain networks. Its native token, ADA, has risen to become one of the top 10 cryptocurrencies in the world by market capitalization in a short time span. It currently ranks seventh, with a market capitalization of over $41 billion. It accounts for nearly 2% of…
ECB Exec Says Libra Could Address Failings of Global Payments System
Facebook’s Libra has pushed central banks to consider two major issues in global payment systems, an exec at the European Central Bank (ECB) said.Benoit Coeure provided his remarks at a hearing at the Committee on the Digital Agenda of the German parliament on Sept. 25.According Coeure, an ECB board member and chair of the Committee…
Bitmain Exec Reportedly Arrested After Street Brawl With Co-Founder
Bitmain CFO and supposed legal representative Luyao Liu was arrested after allegedly partaking in a mob attack on the company’s ousted co-founder Micree Zhan in Beijing, local reports suggest.Liu was “taken away by the police” after Zhan was robbed of a business license for Bitmain Beijing, the mining giant’s main subsidiary, Chinese cryptocurrency news outlet…
Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity
Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India's financial inclusion goals via crypto and Web3 investments. 434 Total views 18 Total shares Coinbase Ventures, an investment arm of American crypto exchange Coinbase, shared a plan to invest $1 million in various Indian cryptocurrency and Web3 initiatives via an in-person…
If You Held Crypto on CoinGather in 2017 the US Government Wants to Give it Back
The FBI is seeking individuals who held crypto assets on CoinGather who appeared to conduct an exit scam in November 2017. 1357 Total views 31 Total shares The United States Department of Justice is seeking the owners of crypto funds that were held by CoinGather — a small crypto exchange that was seized by the…
Uniswap launches Android wallet app with built-in swap function
The Uniswap Android app has finished beta testing and is now publicly available. 970 Total views 2 Total shares Uniswap Labs has publicly released an Andriod mobile wallet app with built-in swap capability on the Google Play store.The new app allows users to make swaps through the decentralized exchange (DEX) from within the app, eliminating