Crypto firms to see more enforcement actions within 2 years — CFTC chair

The CDC expressed satisfaction with the ruling, which aligned with their stance as articulated in their amicus brief supporting Ripple, marking an advocacy victory. 292 Total views 5 Total shares The Chamber of Digital Commerce (CDC), an American advocacy organization, on August 1, unveiled a comprehensive "impact and analysis" report on the SEC's lawsuit against…

Last week’s Merge was the “most significant development in the history of the Ethereum network,” according to Fidelity Digital. And from a purely technical standpoint, the blockchain network’s transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism was a marvel. Widely compared to changing a jet engine mid-flight, the software upgrade proceeded with nary…

While institutions are still withdrawing capital from Bitcoin investment products, money is flowing into Ethereum and altcoin products. 797 Total views 148 Total shares Institutional crypto products have seen their fifth consecutive week of outflows despite the bullish momentum in the markets. In its August 9 Digital Asset Fund Flows Weekly report, institutional asset manager CoinShares…

Bitcoin (BTC) price witnessed a sharp dump to $50,900 on April 18, which some analysts attribute to a drop in hash rate and rumors of possible action by United States regulators against unnamed “financial institutions” alleging crypto-related money laundering.While it is difficult to pinpoint a single reason, the sale of roughly $5 billion worth of COIN…

Bitcoin (BTC) returned to $9,300 on Nov. 1 after a period of downward pressure gave away to fresh positive sentiment. Cryptocurrency market daily overview. Source: Coin360Bitcoin shows firm $9K supportData from Coin360 put the largest cryptocurrency at around $9,200 as of press time Friday, with 24-hour performance seeing it dip as low as $9,060.Bitcoin seven-day price…

United States boxing legend Mike Tyson has denied a connection with the cryptocurrency project Fight to Fame, which is suspected of financial fraud. He announced it in a Twitter post on Aug. 15:“I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight to…

Billionaire investor Mark Cuban claims that any email sent from his email account “after 3.30pm” Pacific Standard Time on June 22 was not from him.

On Feb. 19, Coinbase announced that it has become a principal member of Visa. In an apparent first for the cryptocurrency industry, the firm is now able to issue debit cards without having to involve third parties. Prior to that, Coinbase had been releasing its physical cards in collaboration with authorized intermediaries, similarly to dozens…

France’s economy and finance minister has repeated his criticism of Facebook’s digital currency Libra, saying he cannot allow its existence.Le Maire: France has “clear position” on LibraIn an opinion piece for the Financial Times on Oct. 17, Bruno Le Maire claimed Libra would take power over currency away from national governments.His comments echo similar reservations from…