This is an opinion editorial by Heritage Falodun, a Bitcoin consultant and computer scientist based in Nigeria. On May 3, 2023, during a federal executive council meeting presided over by President Muhammadu Buhari…
#Chinese #NFT #Art #Thriving #Crypto #Ban #U.S #Regulatory #Environment #Worse source
The Securities and Exchange Commission (SEC) is facing criticism from the United States Chamber of Commerce over its lack of clarity regarding which digital assets are securities under federal law. This issue has…
The deadline has come for comments on a consultation paper and call for evidence released by the United Kingdom’s HM Treasury on a proposed crypto asset regulatory framework. The long-awaited paper, published in February,…
Bitcoin (BTC) price reclaimed the $30,000 support on April 18 after briefly testing $29,130 on the previous day. However, traders question whether the recovery is sustainable given the increased regulatory scrutiny, especially in…
The Privacy-focused Dash crypto network has responded to the U.S. Securities and Exchange Commission’s (SEC) latest attack on the industry, claiming that it is a security. On April 17, the SEC unleashed its…
Cryptocurrency markets have been trading within an unusually tight 5% range since March 17 as conflicting forces continue to pressure the sector. Consequently, in the past seven days, the total market capitalization gained…
For the past twelve days, the price of Ether (ETH) has been trading in a narrow descending range. Surprisingly, not even the news of Binance and Changpeng “CZ” Zhao being sued by the…
The CFTC lawsuit details how the firm allegedly offered unregistered commodity derivatives to American customers. The Commodity Futures Trading Commision has sued Binance, the world’s largest cryptocurrency exchange by volume, and its CEO…
As the crypto industry continues to grow, it has faced increasing scrutiny from regulators around the world. Recent months have seen the collapse of several high-profile crypto-friendly banks, including FTX, Celsius, and Silvergate….
Crypto and Bitcoin mining operations continue to lock horns with US Congress over their energy consumption. Different reports in the US have raised environmental concerns. Now miners are changing their approach by taking…
As the global crypto community is still licking its wounds from the FTX collapse, a liquidity crisis continues to spread around centralized exchanges and decentralized finance (DeFi) alike. It is soon to be…
The NFT trading card game Sorare gets a big win ahead of the FIFA World Cup. It will no longer be classified in the category of gambling. Sorare is a blockchain-based fantasy game…
Blockchain.com becomes the second crypto exchange in two days to receive preliminary approval to provide crypto services within the growing crypto hub. Source link
The California Department of Financial Protection and Innovation (DFPI) announced last month that it had issued desist and refrain orders to 11 entities for violating California securities laws. Some of the highlights included…
New draft legislation on stablecoins in the United States House of Representatives proposed to impose a two-year ban on new algorithmically pegged stablecoins like TerraUSD (UST). The proposed legislation would require the Department…