Trump eyes handing CFTC oversight of crypto: Report
Donald Trump’s team is considering handing the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the CFTC.
Related Posts


Kyrgyzstan Proposes Draft Law to Introduce Crypto Mining Taxation
On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation.New tax proposalAccording to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining.The taxation on cryptocurrency mining is expected to…

Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report
The former FTX CEO reportedly gave Joseph Bankman roughly $10 million funded by a loan from Alameda Research as a part of a lifetime estate and gift tax exemption. 735 Total views 13 Total shares Own this piece of history Collect this article as an NFTFormer FTX chief executive officer Sam Bankman-Fried, also known as…

Solana Labs raises $314M via private token sale as ecosystem support expands
Andreessen Horowitz and Polychain Capital led the raise, with additional contributions from Alameda Research, Blockchange Ventures, CMS Holdings, Coinfund, CoinShares, Collab Currency, Memetic Capital and many others. 3727 Total views 7 Total shares Cryptocurrency venture capital funds have poured hundreds of millions of dollars into Solana Labs to support further development and execution of decentralized…

Contactless NFC Hardware Wallet Authorizes Crypto Transactions With a Tap
A new cryptocurrency hardware wallet stores private keys securely and fully isolated, while NFC technology enables authorization of transactions through a mobile device. 1413 Total views 27 Total shares Keycard is a new credit-card sized hardware wallet featuring near-field communication (NFC) to authorize cryptocurrency transactions. At launch, it features integration with combined private messenger/wallet/DeFi browser,…

Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management. 216 Total views 8 Total shares Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to inspectors at the Federal

Many Blockchain Projects Are Uniquely Suited to COVID-19 Research, Here’s How
As the world is still reeling from the effects of the coronavirus pandemic, people everywhere are doing what they can to support the effort to find vaccines and treatments. Not to be left out, blockchain projects everywhere have rallied together to supply computing power and money in a concerted effort to accelerate research.What it takes…

Robinhood acquires British crypto firm Ziglu to push expansion plans
Robinhood has renewed its global expansion plans by acquiring the British crypto firm Ziglu after aborting its U.K. expansion back in 2020. 519 Total views 19 Total shares Robinhood, a major cryptocurrency-friendly stock trading app, is pushing global expansion by acquiring the United Kingdom-based crypto asset firm Ziglu.Robinhood officially announced Tuesday that it had signed…

Web Traffic on Global Crypto Exchanges Surged 13% in July
Crypto analytics startup ICO Analytics reveals the fastest growing crypto exchanges and DeFi protocols in terms of web traffic. Global crypto exchanges have reportedly seen a significant increase in web traffic in July as cryptocurrency prices gained momentum.According to data from crypto analytics startup ICO Analytics, web traffic on global crypto exchanges increased by 13%…