Could Trump’s win nix SEC crypto suits? Critics say he’s ‘pandering’ for votes

The Law Commission's final report urges UK government to reclassify crypto assets, addressing current legal gaps.

The report contradicts the narrative from many media outlets that Taylor Swift’s team had done its due diligence in considering the FTX deal before pulling out. The sponsorship deal between defunct cryptocurrency exchange FTX and Taylor Swift was reportedly called off at the request of former CEO Sam Bankman-Fried (SBF), and not the singer-songwriter, as…

Earlier today, India’s Supreme Court delivered its verdict in a landmark case for cryptocurrency in the country. A bench of three justices ruled that the Reserve Bank of India’s (RBI) ban on banks’ services to crypto-related firms was unconstitutional.Kashif Raza — co-founder of the Indian crypto regulatory news and analysis platform Crypto Kanoon, which first broke…

Virtual reality media platform, Sensorium, has announced its membership in the Global Blockchain Business Council, or GBBC — a Swiss-based non-profit industry association for blockchain.Sensorium will participate in GBBC’s upcoming virtual forum on May 28, which will see the firm’s director of technology Alex Blagirev discuss his predictions for how virtual social media will change…

Bakkt reportedly suspended trading of Solana, Polygon, and Cardano -- tokens the U.S. SEC recently deemed securities. 614 Total views 2 Total shares New York-based derivatives exchange Bakkt is delisting three popular altcoins due to recent regulatory developments in the United States. According to a Fortune report, trading of Solana (SOL), Polygon (MATIC), and Cardano…

The New York City Economic Development Corporation (NYCEDC) has announced that it is opening its Blockchain Center in Manhattan, Bloomberg reports today, Jan. 10.The organization told reporters that the center is part of a partnership with international trade organization Global Blockchain Business Council and affiliates of New York-based venture capital fund Future Perfect Ventures.Located in…

The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers.

From real-name account trading to investigating individuals using cryptocurrencies to evade taxes, government officials in South Korea are enacting stricter regulations to oversee the cryptocurrency industry in the country. These measures often require digital currency businesses to provide detailed customer data and transaction information to the relevant authorities.With these stringent measures often comes an increase…

With the coronavirus pandemic continuing to wreak economic havoc all over the world, China’s commitment to releasing its much-hyped digital yuan project — referred to as the Digital Currency Electronic Payment, or DCEP — as early as possible has remained impressively steadfast. In this regard, it appears as though Chinese authorities are now rolling out…