Robinhood launches US presidential elections bets for Harris and Trump
The platform said it was “committed to democratizing finance for all,” but would not endorse either the Democratic or Republican candidate in 2024.
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Inching closer to global agreement on taxing the sustainable digital economy
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Since 2013, the Organization for Economic Cooperation and Development, or OECD, has been discussing the base erosion and…
Bitcoin’s Energy Consumption in Summer: Rise or Fall?
It's no secret that Bitcoin (BTC) mining is an expensive business, and in more ways than one. Not only has it become less profitable since July 2016's halving of mining rewards to 12.5 BTC, but competition among miners and an increasing hashrate have resulted in ever-higher energy consumption, with all the damage to the environment…
Top Swiss bank launches Bitcoin and Ether trading with SEBA
Switzerland’s St.Galler Kantonalbank has launched Bitcoin and Ether trading for select customers, planning to add more coins in the future. Switzerland’s St.Galler Kantonalbank (SGKB), one of the largest banks in the country, is moving into cryptocurrency by introducing Bitcoin (BTC) and Ether (ETH) trading to its customers.SGKB has partnered with the global cryptocurrency-focused bank SEBA
Blockchain Interoperability, Explained
1. What is blockchain interoperability? The ability to share information across different blockchain networks, without restrictions. It’s been 10 years since the original blockchain was released. By now, the technology has reached mainstream users, and a large number of enterprises and government agents have at least considered the benefits of having a blockchain in an…
UK crypto industry publishes Travel Rule navigation guide
The Travel Rule requires crypto businesses to collect, verify and share information about digital asset transactions with another crypto company.
Binance.UK joins self-regulating trade group CryptoUK as Exec Member
Ahead of the launch of its U.K. regulated cryptocurrency exchange, Binance.UK vows to proactively update CryptoUK’s code of conduct to remain fit for purpose. Binance.UK is joining the self-regulating industry association CryptoUK as an executive member.The exchange will join stakeholders such as Coinbase, CryptoCompare and Ripple in leading the association’s strategic direction, and working with…
Crypto trading is an important part of the virtual asset ecosystem, says Hong Kong’s SFC chief
According to the CEO of Hong Kong's Securities and Futures Commission, Julia Leung Fung-yee, incorporating virtual assets into the regulatory system was crucial after FTX bankruptcy. The CEO of Hong Kong's Securities and Futures Commission (SFC), Julia Leung Fung-yee, addressed Hong Kong's embrace of Web3 regulation following the collapse of crypto exchange FTX last November,…
Stripe’s new stablecoin option gains traction in 70 countries on day 1
Stripe introduces USDC payments, marking a significant moment for crypto adoption as stablecoin transactions see global demand.