ETF analyst sparks outrage with ‘blatant misinformation’ about Ethereum
Bloomberg ETF analyst Eric Balchunas shared an excerpt from a Bitcoin book claiming Amazon could shut down Ethereum, riling up the blockchain’s supporters.
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Chinese Regulators Set to Push Inspections of Crypto Mining firms
Regulators in the Chinese autonomous province of Inner Mongolia continue to crack down on the province’s crypto mining companies.The Global Times reported on Nov. 13 that northern China's Inner Mongolia Autonomous Region is tightening its grip on crypto mining companies, as it intends to dispatch inspection units to assure the “clean-up and rectification of crypto…

SEC Charges ICO Operator for Misrepresenting His Platform’s Technology
The long arm of the law comes for another ICO. The U.S. Securities and Exchange Commission, or SEC, publicized legal action against another 2017 Initial Coin Offering, or ICO. Boon.Tech and Rajesh Pavithran, the project's CEO, face fraud accusations from the commission, as well charges associated with securities registration, an Aug. 13 statement from the…

Court hears Roche Freedman could create ‘a sideshow’ in the Tether class action
Lawyer Kyle Roche previously withdrew as counsel on several crypto class-action lawsuits, including the Tether and Bitfinex Crypto Asset Litigation. 575 Total views 23 Total shares The fallout from the leaked Kyle Roche videos has continued after two law firms submitted a document to the court asking that his law firm Roche Freedman be removed…

Binance, CZ challenge CFTC, seek lawsuit dismissal
They pointed out that the CFTC is attempting to regulate foreign individuals and corporations operating outside the United States, going beyond the limits of its statutory jurisdiction. 56 Total views 1 Total shares Crypto exchange Binance and its co-founder Changpeng Zhao (CZ) have requested the dismissal of the lawsuit filed by the United States Commodities…

Here are the BTC price levels to watch as $38K emerges as bulls’ line in the sand
Bitcoin (BTC) needs to retain two key moving averages in order to stay bullish, but is failing, fresh analysis shows.In its latest market update on Sept. 10, trading platform Decentrader warned that bulls do not have the upper hand much above current price levels.A "golden cross" like any other?Bitcoin has drifted lower into the weekend,…

Philippines begins Peso-backed stablecoin sandbox testing
The test aims to evaluate PHPC's real-world performance, its impact on the local fiat ecosystem, and its potential uses including payments, trading, and DeFi applications.

Financial Action Task Force Adopts Changes to Standards Covering Virtual Currencies
The Financial Action Task Force (FATF) has adopted changes to its standards regarding digital currencies and firms involved into cryptocurrency-related activities, according to an announcement published Oct. 19.Paris-based FATF, also known as Groupe d'action financière (GAFI), is an intergovernmental organization established in 1989 on the initiative of the G7 to set standards and promote effective…

SEC likely to allow Bitcoin futures ETF to trade next week: Reports
The long-awaited launch of a Bitcoin exchange-traded fund could finally arrive on Monday. 1433 Total views 34 Total shares The long wait for a Bitcoin exchange-traded product could soon be over according to sources reported by financial media giant Bloomberg.Citing “people familiar with the matter” Bloomberg has reported that the U.S. Securities and Exchange Commission…