US jobs report signals fewer rate cuts, still bullish for BTC: Grayscale
The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin’s price.
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Indian Supreme Court Sets Two Week Deadline for Gov’t to Clarify Stance on Crypto
The Indian Supreme Court has set a deadline of two weeks for the country’s government to present its official position on cryptocurrencies, Indian newspaper The Economic Times (ET) reports Friday, Oct. 26.After multiple delays, the court has finally held a hearing on several petitions filed by Indian crypto community following the Reserve Bank of India…

Does XRP, SOL or ADA belong in a US crypto reserve?
The US crypto industry finally got what it wanted when President Donald Trump announced plans to form a national crypto reserve on March 2. But instead of celebration, the decision sparked backlash — not from the usual suspects in traditional finance or regulators but from within the crypto world itself. The controversy arises from the

Binance Turkey fined 8M lira for non-compliance against money laundering
MASAK found Binance Turkey guilty of violating the Law on Prevention of Laundering Proceeds of Crime, also known as the AML Law. 579 Total views 35 Total shares The Financial Crimes Investigation Board (MASAK) has fined Binance Turkey 8 million lira (nearly $750,000) after the crypto exchange failed the financial watchdog’s audit for monitoring Anti-Money…

Ripple Acquires Crypto Trading Firm to Expand Into Iceland
Ripple continues its run of acquisitions, announcing an expansion into Iceland with its acqui-hire of crypto trading firm Algrim in a blog post on Sept. 30.Ripple strengthens European presenceThe acquisition adds six engineers to Ripple’s ranks. This new team will play an integral role in its On-Demand Liquidity (ODL) program.Per the announcement, Iceland will now…

Greek Court Suspends Decision to Extradite Alleged Crypto Criminal
Greece’s top administrative court has suspended a decision to extradite Alexander Vinnik, a Russian national suspected of laundering of billions of dollars through a cryptocurrency exchange.According to Reuters on Dec. 23, Vinnik’s lawyer said that the decision to extradite is suspended until the court hears an appeal, the date of which is still pending. As Cointelegraph…

Ethereum price drops to a 7-month low as data points to more downside
Ether (ETH) price experienced a 7% decline between Oct. 6 and Oct. 12, hitting a seven-month low at $1,520. Although there was a slight rebound to $1,550 on Oct. 13, it appears that investor confidence and interest in Ethereum are waning, as indicated by multiple metrics.Some may argue that this movement reflects a broader disinterest

Italian Bank Opens Bitcoin Trading to 1.2 Million During Lockdown
Growing crypto adoption and the COVID-19 outbreak has encouraged Italy’s Banco Sella to launch a Bitcoin trading serviceThe trading is conducted via the bank’s Hype platform, with the bank acting as an intermediary to mitigate against potential security risks with cryptocurrency exchanges. With the country in lockdown and everyone stuck at home, the bank is…

OCC is too caught up in crypto under former Coinbase exec, congresspeople say
Multiple United States congresspersons recently expressed their displeasure at the OCC's focus on crypto this year. 1569 Total views 11 Total shares Brian Brooks, the former Coinbase executive turned leader of the U.S. Office of the Comptroller of the Currency, or OCC, recently received a letter from multiple members of Congress expressing concerns over his…