Ripple co-founder: Harris will have ‘completely different approach’ to crypto
Having contributed roughly $12 million to PACs supporting Kamala Harris, Chris Larsen said he hoped to see “bipartisan support and weight” for crypto in government starting in 2025.
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Nigerian stakeholders demand Binance reveal identity of bribe agent
SIBAN’s executive secretary, Rume Ophi, stressed that Binance should reveal names to substantiate the claim and allow authorities to address wrongdoing.
Wyoming Unveils First-Ever Crypto Custody Rules for ‘Blockchain Banks’
The United States’ state of Wyoming has unveiled a series of opt-in custody rules for its so-dubbed “blockchain banks,” covering areas such as forks, airdrops and staking. The rules were announced during the Fordham Law Blockchain Regulatory Symposium in New York on Nov. 11, according to a thread of tweets published by Wyoming Blockchain Task Force…
UK regulator advocates for asset managers to tokenize funds
Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems.In a recent report published by The Investment Association (IA), it argued that fund tokenization – issuing tokenized units or shares on distributed ledger technology (DLT) – will lead to a more
Financial Consulting Firm DeVere Launches Arbitrage Crypto Trading Solution
Major independent financial consulting company deVere Group has launched a suite of new Digital Asset Funds targeting “experienced investors,” according to a deVere press release published Nov. 1.According to the company’s website, deVere has more than $10 billion under “advice and administration.”DeVere founder and CEO Nigel Green has said the company’s move into crypto funds…
Blockchain Capital Expert: ‘Bitcoin Is Close to Bottoming’
Spencer Bogart, an expert from digital currency and blockchain venture firm Blockchain Capital has said that the Bitcoin (BTC) price has nearly found its bottom, CNBC reported Oct. 5.Speaking on CNBC’s “Fast Money,” Bogart asserted that “we're down about 70 percent from our highs, so I think that Bitcoin is close to bottoming and so…
Bitcoin block 800,000 mined — What’s next?
The Bitcoin network has mined block 800,000, with just 40,000 left to mine before the network’s next mining reward halving.The 800,000th block contained 3721 transactions at 1.64 megabytes, with the price of Bitcoin (BTC) trading at $29,815 on July 24, as market researcher Dylan LeClair noted on Twitter:#Bitcoin block 800,000. pic.twitter.com/Yw9c6klqbY— Dylan LeClair (@DylanLeClair_) July 24,…
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch
Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market.Bids for SNX/USD achieved an intraday high of $13.76 during the Asia-Pacific trading session, following an approximately 25% price rally that started Sunday. A flurry of technical and fundamental factors contributed to the sudden market…
Canada’s Tax Authority Demands Personal Data on 115,000 QuadrigaCX Users
EY, the court-appointed bankruptcy trustee for the defunct Canadian crypto exchange QuadrigaCX, has been asked to submit all of the exchange’s user information to the Canada Revenue Agency (CRA).Court documents filed with the Ontario Superior Court of Justice on March 24 detail the demand, which spans 750,000 documents on the exchange’s 115,000 customers.Canadian tax authority…