Chevron overturn unlikely to impact SEC's conduct — Ripple CLO
In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry.
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Crypto mining lobby group to dispel misconceptions in Washington DC: Founder
The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington. 238 Total views 15 Total shares The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers. Launched on Aug. 15, the…
New Zealand Rules Receiving Income in Bitcoin Is Legal, Taxable
New Zealand's tax authorities have ruled that income in cryptocurrencies is legal and provided guidance on how exactly it should be taxed.In a tax information bulletin published on July 4, the New Zealand Inland Revenue Department summarized the provisions of the public ruling, made under s 91D of the country's Tax Administration Act 1994.Crypto used…
Here’s why Bitcoin bulls will defend $42K ahead of Friday’s $3.3B BTC options expiry
Over the past two months, Bitcoin (BTC) has respected an ascending triangle formation, bouncing multiple times from its support and resistance lines. While this might sound like a positive, the price is still down 11% year-to-date. As a comparison, the Bloomberg Commodity Index (BCOM) gained 29% in the same period.Bitcoin/USD 1-day chart at FTX. Source:…
SEC’s Gensler is loyal to banks, not an impartial regulator — Rep. Tom Emmer
During a hearing on Sept. 27, Emmer hinted that Gary Gensler's Wall Street background limits his impartiality as an industry regulator. 161 Total views 1 Total shares United States Rep. Tom Emmer has spoken out against Securities and Exchange Commission chairman Gary Gensler during a hearing at the House Financial Services Committee on Sept. 27.
Interest rate hikes may pause very soon — Here’s why
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused. 167 Total views 1 Total shares On this week’s episode of The Market Report, analyst Marcel Pechman discusses Bitcoin’s (BTC) strength ahead of the United States Federal Reserve’s Federal Open Market Committee (FOMC)
UK prosecutor expects crypto scams to increase, but numbers remain low for now
Less than 1% of overall fraud cases relate to cryptocurrency, but that number could be rising in line with Bitcoin and the crypto market's ascension. 287 Total views 1 Total shares The United Kingdom Crown Prosecution Service expects to see an increase in the number of Bitcoin (BTC) and cryptocurrency-related scams in the coming years,…
BlackRock, Goldman Sachs Veteran Joins Blockchain as General Counsel
BlackRock and Goldman Sachs veteran Howard Surloff has joined major crypto wallet provider Blockchain.com as general counsel.Over 25 years in traditional financeAfter serving over 25 years the two of the world’s largest and most respected financial institutions, Surloff will now be responsible for advancing Blockchain’s standard for legal, compliance and corporate governance within the crypto…
Bitcoin advocate criticized for backing wallet authentication project
After being swarmed by critics, Bitcoin advocate Nic Carter asked crypto Twitter to unfollow him if they disagree with any of his investments. 659 Total views 5 Total shares Crypto Twitter has gone after Nic Carter, a prominent advocate of Bitcoin (BTC), for his involvement in Dynamic, a third-party wallet authentication project that could potentially…