Gensler’s SEC made US ‘nearly untenable’ for crypto firms, say observers

Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate. 3091 Total views 40 Total shares The government of China’s Sichuan province moves to stamp out Bitcoin (BTC) mining activity, citing that growing cryptocurrency prices have led to the escalation of illegal activity…

The South Korean branch of the Tezos Foundation has signed a Memorandum of Understanding (MoU) with Yonsei University to collaboratively work on the development of blockchain talents, says a Tezos official press release published Nov. 21.The new agreement between the Tezos Korea Foundation and Digital Society Research Center at Yonsei University in Seoul aims to…

For the first time in Romania, the recent national parliamentary elections, which were held in November, used blockchain technology with the main purpose to guarantee the integrity of the electoral process and to strengthen its transparency. The government aimed to ensure tamper-proof and real-time data on voters’ presence.There is still a way to go for…

Last August, Ramp became one of only eight crypto firms to secure approval from U.K.'s Financial Conduct Authority. 107 Total views 41 Total shares On Tuesday, crypto-fiat gateway payments platform Ramp announced that its U.S. subsidiary Ramp Swaps LLC hadreceived its registration as a Money Service Business with the Department of Treasury's Financial Crimes Enforcement…

Can you book flights and hotels using AI? The short answer is… kind of, but none of the AI chatbots are reliable, so you’ll still need to do your own research at this stage. Having recently spent hours researching flights and accommodation for a three-week trip to Japan, I decided to compare my results to…

On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The event felt like a logical continuation of another recent hearing where representatives lambasted Securities Exchange Commission Chair Gary Gensler for perceived regulatory overreach. The principal narrative, articulated by the hearing’s initiators,…

The price of Bitcoin (BTC) has increased in the last 48 hours as the United States stock market cautiously increased. The recent correlation between BTC and U.S. equities further intensified, showing a strong momentum in the cryptocurrency market.Holger Zschaepitz, a market analyst at Welt, said:“Global stocks drift as Sino-US tensions weighed on optimism generated by…

Payments of $1,200 from the CARES Act to Americans in need have begun to go out to those who authorized the Internal Revenue Service to make direct deposits into their bank accounts. However, the money may never reach its targets.Intended to help families through the coronavirus crisis, the payments were not exempted from private debt…

“We want to provide liquidity for people that are kind of giving up because we’re still very bullish for the next 10 or 20 years,” said CEO Dan Morehead. 265 Total views 21 Total shares Dan Morehead, founder and CEO of Pantera Capital, reportedly said the hedge fund was planning to raise $1.25 billion for…