The US House of Representatives has voted for a resolution to overturn the Securities and Exchange Commission (SEC)’s 2022 bulletin on crypto custodian accounting. US President Joe Biden released a statement opposing the resolution and revealing a possible veto if the bill passes the Senate. Democrats And Republicans Join Forces Against The SEC On May […]
On Tuesday, the crypto industry was shaken after news of the indictment of one of a Bitcoin early investors broke. Per the reports, the US Department of Justice (DOJ) pressed multiple charges against Roger Ver, a controversial figure in the space known as “Bitcoin Jesus.” Experts and figures within the community have expressed their sentiments […]
In a move signaling the maturation of the crypto market in Thailand, Bitkub Capital Group Holdings, the proprietor of the nation’s foremost crypto exchange, has announced its intention to conduct an initial public offering (IPO) by 2025. This revelation was made by Jirayut Srupsrisopa, the CEO of Bitkub, during an interview with Bloomberg. According to […]
American investment advisers, VanEck Associates, have been formally penalized by the United States Securities and Exchange Commission (SEC) for violating transparency laws. The investment company has agreed to pay a substantial penalty fee related to their failure to disclose information about a prominent influencer’s participation in the launch of its Spot Bitcoin Exchange Traded Fund […]
Following the recent dismissal of the case against crypto firm Digital Licensing by the US Securities and Exchange Commission (SEC), a group of US Senators have sent a letter to the agency’s chair, Gary Gensler, expressing concerns about the handling of the case. SEC’s “Unethical” Proceedings In Crypto Case On February 7, five republican US […]
OKX, a major player in the global crypto trading market, is currently facing scrutiny in South Korea. The Digital Asset Exchange Alliance (DAXA), which includes South Korea’s leading 5 crypto exchanges – Upbit, Bithumb, Korbit, Coinone, and Gopax, has formally complained to OKX with local regulatory bodies. The complaint alleges that OKX has engaged in […]
Samson Mow, the CEO of JAN3, has identified a series of crucial indicators that could shape Bitcoin’s trajectory in the coming months. Among the many, Mow lists how capital flows to Bitcoin via spot ETF issuers, real inflation, hash rate evolution, and others. Spot Bitcoin ETF Inflows Is A Metric To Monitor Closely Taking to X […]
The United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce, often called “Crypto Mom” for her positive stance on cryptocurrencies, shared insights concerning Ethereum in a recent interview with Coinage Media. Peirce suggested that the US SEC might not require a lawsuit to guide its decision on approving Ethereum spot ETFs. SEC Commissioner’s Optimistic […]
During the recent Republican Party presidential debate, a notable shift in political discourse regarding crypto emerged as US presidential candidate Vivek Ramaswamy openly criticized US Securities and Exchange Commission (SEC) Chair Gary Gensler, alongside other federal agencies, for their handling of digital currency regulation. Presidential Candidates Throws Jabs At Gensler And Current Policies Ramaswamy, addressing the […]