Ripple ‘made a mistake’ not talking to regulators early, says CEO
Ripple should have engaged with US regulators a lot earlier, says the firm’s CEO Brad Garlinghouse, who added it’s now “trying to make up for lost time.”
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Japanese Exchanges React to Revised Crypto Laws Now in Effect
Atsushi Kuwabara from Japan-based exchange bitbank spoke to Cointelegraph regarding the new regulatory changes to the country’s crypto laws. 865 Total views 56 Total shares Japanese cryptocurrency exchange bitbank has begun implementing changes to make it compliant with the country’s revised Payment Services Act (PSA), effective May 1.Atsushi Kuwabara from bitbank spoke to Cointelegraph on…
Montana County Adopts Regulation Requiring Crypto Miners to Use Renewable Energy
The United States county of Missoula, in the state of Montana, has adopted regulation for cryptocurrency mining, local media outlet the Missoulian reports on April 5.Per the report, the Missoula County Board of Commissioners voted unanimously to impose new rules for local cryptocurrency mining operations. As Cointelegraph reported last month, when the regulation was first proposed,…
Grayscale tells SEC ‘no basis’ to approve Bitcoin futures ETFs and not spot ETFs
A letter to the secretary of the SEC outlines discrepancies in its rejection of Bitcoin spot ETFs and acceptance of Bitcoin futures ETFs. 342 Total views 27 Total shares Grayscale Investments has fired back a the U.S. Securities and Exchange Commission (SEC) over the recent rejection of VanEck’s spot Bitcoin ETF application.The operator of the…
Litecoin Price Hits $100 as Miner Block Rewards Get Halved
All eyes were on Litecoin (LTC) price August 5 as its block reward halving failed to excite markets and produce considerable gains for investors.Litecoin 7-day price chart. Source: Coin360LTC gains fail to materializeData from Coin360 showed Litecoin, which is the fifth-largest cryptocurrency by market cap, trading at around $104 Monday, a few hours after the…
Banks will be required to work with crypto, e-money and CBDCs to survive
Image a scenario where you need different messengers to send different types of messages — for example, WhatsApp for text messages, Viber for audio, Telegram for video, etc. Rather inconvenient, right? But this is exactly what happens in finance: There is no way to send both digital fiat money and cryptocurrency from a bank account…
Sam Bankman-Fried’s lawyers request extension for bail condition proposal
According to the legal team representing Sam Bankman-Fried, prosecutors had no objections to continuing his bail conditions until the firm could choose a suitable technical expert. 168 Total views 2 Total shares Own this piece of history Collect this article as an NFTLawyers representing former FTX CEO Sam Bankman-Fried in federal court have requested an…