House overturns SEC’s anti-crypto guidance, Biden to veto: Law Decoded

The company has repurchased all Series C shares originally issued to Tetragon Financial Group, SBI Holdings and Route 66 Ventures in December 2019. 692 Total views 21 Total shares Blockchain payments firm Ripple has announced a $200-million Series C share buyback, a decision that will take the San Francisco-based tech firm to a record-high valuation…

The comments period has ended for the Basel Committee on Banking Supervision (BCBS) “Second Consultation on the Prudential Treatment of Cryptoasset Exposures,” a document published in June 2022. International financial associations had a lot to say in response to it. Several did so at once in a joint 84-page comment letter released Oct. 4. In addition,…

UNICEF’s latest report on mainstream adoption of cryptocurrencies highlights the possibility of greater financial inclusion along with the need for new child safeguards. 206 Total views 6 Total shares The United Nations Children's Fund has called for incorporating child safeguards into online child protection initiatives, citing financial and exploitative threats posed by unregulated crypto markets.UNICEF’s…

Japan’s financial regulator, the Financial Services Agency (FSA), will fortify the process of registration screening for cryptocurrency exchanges, local media outlet The Japan Times reports September 2.The FSA has ungraded the registration process, revising the Payment Services Act — enforced since April 2017 — in order to “to see whether they [crypto exchanges] are properly…

Reports are trickling in via social media and mainstream news outlets, but so far, we haven’t seen any official confirmation.

China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies. 236 Total views 20 Total shares China is pressuring its own state-owned businesses to cease mining cryptocurrencies, and the government is considering harsh penalties on firms that continue, including higher energy expenses.According to reports, Meng Wei, a spokesperson for the National Development…

Though crypto markets are in a consolidation phase, the number of first-timers investing in this nascent space has almost doubled, according to data from Square Cash App. This is a positive sign as it shows that investors are using the dips to buy cryptocurrency.In another positive for the crypto space, research by the recruitment firm…

Facebook continues sprucing up for regulators. 489 Total views 20 Total shares Facebook-owned digital wallet Calibra rebranded itself as Novi earlier today, sharing new details about the project.The primary reason for the name change was to avoid the confusion with the Libra cryptocurrency, a representative for Novi told Cointelegraph.“When we announced Libra and Calibra last…