Ireland drafting urgent crypto laws before EU money laundering rules

Ireland drafting urgent crypto laws before EU money laundering rules

Ireland’s finance minister wants to act quickly before the EU enacts strict Anti-Money Laundering legislation. Source link

Canary Capital Aims for Litecoin ETF After XRP ETF Submission

Canary Capital Aims for Litecoin ETF After XRP ETF Submission

Nashville-based investment firm Canary Capital filed for a Litecoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). This comes on the heels of Canary and BitWise filing for an XRP…

NYDFS chief’s advice for crypto firms: ‘Never surprise your regulator’

NYDFS chief’s advice for crypto firms: ‘Never surprise your regulator’

Adrienne Harris, the head of the New York State Department of Financial Services, has been called the most powerful crypto regulator in the United States.  Source link

Harris beats Biden, lags Trump on crypto policy — Galaxy Research

Harris beats Biden, lags Trump on crypto policy — Galaxy Research

Harris takes a softer stance than Biden on crypto regulation but is more skeptical than Trump on taxes, Bitcoin mining and self-custody, according to Galaxy Research. Source link

Crypto companies paid B in settlements to US regulators in 2024

Crypto companies paid $19B in settlements to US regulators in 2024

Since 2019, US regulators have collected a total of $31.92 billion in settlements from 25 crypto companies across various lawsuits.  Source link

SEC again delays decision on spot Ethereum ETF options

SEC again delays decision on spot Ethereum ETF options

The securities regulator authorized Bitcoin options to list on BlackRock’s spot BTC ETF in September. Source link

Crypto staking Jarretts again sue IRS over block reward taxes

Crypto staking Jarretts again sue IRS over block reward taxes

A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.  Source link

Cardano hosts first smart contract legally enforceable in Argentina

Cardano hosts first smart contract legally enforceable in Argentina

Cardano is host to the first smart contract where Argentina’s courts have jurisdiction after the country legalized crypto as a payment method in commercial contracts last December. Source link

Palau introduces blockchain savings bonds with Soramitsu

Palau introduces blockchain savings bonds with Soramitsu

Palau Invest savings bonds will raise money for local infrastructure and provide a new means of saving. Source link

Crypto Scammers Exit TON Blockchain: Whale Shortage Hits Hard

Crypto Scammers Exit TON Blockchain: Whale Shortage Hits Hard

Crypto scammers, known for using wallet drainers, are abandoning TON blockchain in search of new opportunities, as the network is no longer conducive to their schemes. Wallet drainers are malicious tools that enable…

US Supreme Court knocks back case over .4B Silk Road Bitcoin

US Supreme Court knocks back case over $4.4B Silk Road Bitcoin

The top court in the US won’t hear Battle Born Investments’ case claiming it purchased rights to 69,370 Bitcoin seized by the US from the online black market Silk Road. Source link

Why UAE’s New Tax Exemption Could Ignite a Crypto Boom?

Why UAE’s New Tax Exemption Could Ignite a Crypto Boom?

Starting from November 15, 2024, the UAE will exempt cryptocurrency transactions and conversions from Value Added Tax (VAT), applicable to both individuals and businesses. While other nations remain cautious in establishing clear cryptocurrency…

G7 antitrust watchdogs signal possible action on AI sector competition

G7 antitrust watchdogs signal possible action on AI sector competition

The G7 nations want to ensure AI isn’t used to facilitate “collusion” between AI firms that could lead to the sharing of sensitive information or forming a monopoly. Source link

Altcoin Gainers of October 2024 First Week

Altcoin Gainers of October 2024 First Week

Heading into October and Q4, the markets have already begun recovering, bringing gains to many crypto assets, with some altcoins even establishing new all-time highs. BeInCrypto has analyzed the top three best-performing altcoins…

Will Satoshi be doxxed? Banks to join SWIFT digital asset trials and more: Hodler’s Digest, Sept. 29 – Oct. 4

Will Satoshi be doxxed? Banks to join SWIFT digital asset trials and more: Hodler’s Digest, Sept. 29 – Oct. 4

HBO’s Money Electric: The Bitcoin Mystery, Banks to join SWIFT digital asset trials in 2025: Hodlers Digest Source link

Altcoins Crypto Whales Are Buying This Week

Altcoins Crypto Whales Are Buying This Week

Contrary to the anticipated “Uptober” rally, the cryptocurrency market has experienced a significant downturn, largely driven by geopolitical tensions in the Middle East. Major assets have seen their values decline, with some retesting…

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