US Senate passes resolution overturning SEC crypto rule on banks

"Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson. 164 Total views 5 Total shares The United States Commodity Futures Trading Commission, or CFTC, has added 34 unregistered foreign entities to its Registration Deficient List, including at least six providing…

Nasdaq’s vice president of listing qualifications, Eun Ah Choi, said shares of Valkyrie's Bitcoin ETF had been certified for listing on the exchange. 3715 Total views 31 Total shares The United States Securities and Exchange Commission, or SEC, may soon approve an application from crypto-asset manager Valkyrie for a Bitcoin (BTC) exchange-traded fund, or ETF,…

A number of decentralized finance protocols experienced volatility around the $1 billion mark in 2020, briefly making some of them unicorns in the crypto space. Though the 2020 numbers are comparable to the number of projects that emerged as unicorns during the 2017 initial coin offering boom, Gemini co-founder Cameron Winklevoss said in September that…

ChatGPT, the AI language model, can assist in breaking down complex coding problems and finding efficient solutions. 219 Total views 3 Total shares Own this piece of history Collect this article as an NFTHere’s how one can use ChatGPT’s abilities to solve coding problems: Identify the problem: The first step is to identify the problem…

Way back in 2014, the United States Internal Revenue Service (IRS) ruled that cryptocurrency is property in Notice 2014-21. That classification as property has some big tax consequences accentuated by wild price swings. Buying and selling crypto can trigger gain or loss and be taxable. Yes, buying something using crypto — a house, a car,…

Cointelegraph was on the ground at Non-Fungible Token New York City Event to observe the latest and greatest in NFT. Of the many projects and companies in attendance, we caught up with OpenSea co-founder Alex Atallah to learn what his company is all about.OpenSea is a “marketplace for digital goods, including collectibles, gaming items, digital…

Data from Google Trends’ search analytics resource reveals that internet googling of ‘bitcoin’ (BTC) is now at a 17-month high, according to the most recently updated data for June 29.Internet searches for ‘bitcoin’ worldwide. 1 July 2017-29 June 2019. Source: Google TrendsAmid the coin’s current bull momentum, public interest has ratcheted up to levels last…

The United Kingdom tax collection service published its first detailed tax legislation for private cryptocurrency holders Dec. 19 following a lengthy consultation period.Its new policy paper, “Cryptoassets for Individuals,” sets out likely tax obligations for private investors who buy, sell, get paid in and even lose cryptocurrency.Capping months of uncertainty among U.K. taxpayers over what…

The suspected hack followed ZB.com announcing the suspension of deposits and withdrawals on Tuesday in response to the “sudden failure of some core applications.” 198 Total views 5 Total shares Blockchain investigator PeckShield has reported roughly $4.8 million in crypto moved from ZB.com amid the exchange announcing the suspension of withdrawals.In a Wednesday tweet, PeckShield…