Digital Chamber calls for Congress to address SEC actions against NFTs
The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs.
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Russian Minister of Justice: Cryptocurrency Doesn’t Yet Need to Be Legally Defined
The Ministry of Justice of Russia does not see the need to legally define the concept of cryptocurrency at this point, state-owned news agency TASS reported on Feb. 13.Alexander Konovalov, the Minister of Justice of Russia, reportedly claimed that it is too early to formalize crypto-related legislation to date. Konovalov based his remarks on the…
Daily Dogecoin volume soared to nearly $1B during Q2
DOGE is estimated to have represented up to 5% of all crypto volume during the second quarter of 2021. 1171 Total views 5 Total shares Trading volume for Dogecoin increased by more than 13 times during the second quarter for 2021, nearly tagging $1 billion daily.According to data compiled by Coinbase and reported by Business…
Major Bitcoin Cash Pools Force 12.5% Mining Tax on Community
Leading Bitcoin Cash (BCH) personalities, including Bitmain CEO Jihan Wu and Bitcoin.com CEO Roger Ver, proposed on Jan. 22 an “infrastructure funding plan” that would see miners donate 12.5 percent of all block rewards to a Hong Kong entity. Many in the community turned harsh critics of the proposal.The fund would be used to promote…
Bitcoin Price Charts Aligning With Bakkt Launch Points to a Big Move
Bitcoin (BTC) price is stuck within the descending triangle formation for some time now and slowly moving towards the apex of it. Interesting enough, the apex of the triangle is around the actual launch of Bakkt on Sept. 23. So is BTC price in a bearish pattern or is it just re-accumulation on a higher level?…
WEF’s promo video shows Bitcoin mining, but leaves out the B-word
The video showed multiple scenes depicting rows of what appears to be Bitcoin mining rigs, but the cryptocurrency never got a mention. 546 Total views 24 Total shares Own this piece of history Collect this article as an NFTThe World Economic Forum (WEF) showcased the facilities and tech employed by a cryptocurrency mining firm and…
Does Trump care about crypto? Bitcoin is latest battleground in US election
Donald Trump’s stance on crypto has shifted from anti-Bitcoin to now being a pro-crypto presidential candidate.
Major South Korean Bank Joins the Crypto Custody Business
We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action. KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to establish “strategic technology cooperation” on the custody of…
UK financial watchdog reminds crypto firms of October deadline for marketing compliance
Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA's regime. 86 Total views 1 Total shares The United Kingdom’s Financial Conduct Authority, or FCA, has announced that all cryptoasset firms marketing to users in the country must be in compliance…