Bitcoin News / Bitcoinist - 1 year ago
A United Kingdom court has handed down sentences to two crypto fraudsters who were found guilty of luring potential investors with attractive promises of high returns and subsequently defrauding them of their funds. Ross Jay and Michael Freckleton h...
Bitcoin News / Bitcoinist - 1 year ago
The Japan Blockchain Association (JBA), on July 27, formally submitted a petition to the authorities asking them to review and slash the taxes on crypto assets. According to the JBA, led by Yuzo Kano of bitFlyer Inc., the taxation system for crypto-a...
Bitcoin News / Bitcoinist - 1 year ago
DeFi protocol Kannagi Finance launched only a month ago, promising high yields for stablecoin deposits and lending. As such, the project gained a lot of hype in the zkSync community for bringing popular decentralized finance (DeFi) features to the Et...
Bitcoin News / Bitcoinist - 1 year ago
Bitdeer, a Bitcoin mining company headquartered in Singapore, has launched a closed-end fund to invest in the Bitcoin mining industry in Bhutan. This represents a part of the firm’s efforts to expand its mining operations in the South Asian country. ...
Bitcoin News / Bitcoinist - 1 year ago
According to a report by Crystal Blockchain, war-torn Ukraine has received over $225 million worth of crypto from supporters as the country continues its fight against Russia. Ukraine’s Crypto Sponsors Part of Ukraine’s donations have come from pro...
Bitcoin News / Bitcoinist - 1 year ago
A group of Wall Street lenders, the Bank Policy Institute (BPI), has thrown its support behind U.S. Senator Elizabeth Warren on her recently reintroduced legislation known as the Digital Asset Anti-Money Laundering Act. In recent days, the U.S. Congr...
Bitcoin News / Bitcoinist - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
As the relationship between platform guidelines and emerging technologies, particularly blockchain, continues to become a topic of scrutiny, two U.S. lawmakers – Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) – have recent...
Bitcoin News / Bitcoinist - 1 year ago
As crypto-assets continue to rise in global relevance, the focus on effective regulatory frameworks becomes increasingly important. In a bold development, India’s Supreme Court is taking an active role in seeking solutions in this sphere. The a...
Bitcoin News / Bitcoinist - 1 year ago
Worldcoin, the brainchild of ChatGPT founder Sam Altman, is being examined by European regulators because of concerns about the legality of its biometric data collection tactics. The French privacy authority, CNIL, has expressed worries about the pro...
Bitcoin News / Bitcoinist - 1 year ago
In a move to address growing concerns over money laundering and terrorist financing associated with cryptocurrencies, the Presidency of Peru has issued a new decree. The decree mandates that all cryptocurrency exchanges operating within the country m...
Bitcoin News / Bitcoinist - 1 year ago
With the crypto market currently experiencing a bear trend, it has presented a good opportunity for investors to get into digital assets at a low price. However, not all coins offer the same level of opportunity, especially given their recent perform...
Bitcoin News / Bitcoinist - 1 year ago
The US Securities and Exchange Commission (SEC) has issued a dire warning to accounting firms conducting audits in the crypto asset space. In a statement released on July 27, SEC Chief Accountant Paul Munter expressed concerns about the potential for...
Bitcoin News / Bitcoinist - 1 year ago
The US Senate recently passed a $886 billion Military Spending Bill which includes some provisions around the cryptocurrency industry. The 2024 National Defense Authorization Act (NDAA), which approved the defense amount to be spent in 2024, included...
Bitcoin News / Bitcoinist - 1 year ago
In a groundbreaking development, the U.S. House Financial Services Committee has just passed the “Keep Your Coins Act of 2023,” a landmark bill advocating for the right to self-custody Bitcoin and other cryptocurrencies. The bill aims to...
Bitcoin News / Bitcoinist - 1 year ago
One of the largest exchanges in the world Crypto.com is one step ahead of competitor Binance as it announced on July 28 that it has successfully obtained regulatory approval to operate in the Netherlands, a region where Binance had previously failed...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin may be losing steam, as the meme coin’s price has taken another 3% hit today, leading to the asset’s market cap dipping below Cardano’s market cap. Dogecoin Cools Down After Showing Strong Bullish Momentum Until just a coup...
Bitcoin News / Bitcoinist - 1 year ago
Following the summary judgment delivered in favor of Ripple in the ongoing XRP vs. SEC lawsuit, the Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler, remains taciturn on the commission’s next line of action. During a...
Bitcoin News / Bitcoinist - 1 year ago
The Sandbox metaverse development platform has made an announcement recently, revealing its partnership with the British Museum to integrate the institution into the metaverse. It stated that the partnership aims to create “immersive experienc...
Bitcoin News / Bitcoinist - 1 year ago
As the Bitcoin market continues to persist, speculation regarding impending events forms a crucial part of the discourse. Among such discussions, the forthcoming BTC halving and the potential United States approval of a spot Bitcoin ETF have captured...
Bitcoin News / Bitcoinist - 1 year ago
The crypto market was red hot in 2021, with venture capital firms pouring money into new projects at an astonishing rate. The particular rise of smart contracts and decentralized finance (DeFi) gave rise to a new band of companies looking to enter th...
Bitcoin News / Bitcoinist - 1 year ago
Missing crypto influencer Fernando Pérez Algaba has been found dead, with his dismembered body found in a suitcase in Argentina. Scenes Surrounding The Crypto Influencer’s Death According to a report from local news outlet La Nacion, this developmen...
Bitcoin News / Bitcoinist - 1 year ago
In a bid to pave the way for the much-anticipated era of spot Bitcoin Exchange-Traded Funds (ETFs), Grayscale’s Chief Legal Officer, Craig Salm, has made a compelling case for the Securities and Exchange Commission (SEC) to approve all spot ETF...
Bitcoin News / Bitcoinist - 1 year ago
In a momentous move, the US House Financial Services Committee has taken a significant step forward in establishing a federal regulatory framework for stablecoins despite the fears of Elon Musk creating his own. The proposed bill, known as the “...
Bitcoin News / Bitcoinist - 1 year ago
In a recent televised interview with Bloomberg, Securities and Exchange Commission (SEC) Chairman Gary Gensler expressed concern about the alleged prevalence of fraud and manipulation in the cryptocurrency market. Related Reading: Flashbots On Ethere...
