Fed Vice Chair Barr gives update on CBDC research, plugs stablecoin legislation
The Federal Reserve Bank vice chairman spoke at the Philadelphia Fed’s fintech event on Sept. 8 about what the central bank’s role is in financial...
BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from...
Blockchain Association responds to US lawmakers’ request for crypto tax guidance
The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted suggestions for lawmakers to consider in potential legislation on the tax treatment of digital...
CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud – CoinJournal
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged for failing to register as...
Ripple acquires Fortress Trust, expands license portfolio in the US
Financial technology firm Ripple is expanding its portfolio of regulatory licenses in the United States with the acquisition of Fortress Trust, according to an announcement...
Edelman predicts a $150K Bitcoin price post-halving
Edelman says Bitcoin could rise to $150,000 after the 2024 halving event. A strong Bitcoin could boost the sentiment for other cryptocurrencies like Chancer. Analysts...
Shiba Memu raises $2.58 million
JPMorgan is said to be launching a blockchain-powered token to revolutionise its global payments. Shiba Memu takes on meme tokens with an AI application amid...
Coinbase plans major expansion in countries with “clear crypto rules” – CoinJournal
Coinbase targets expansion across the EU, UK, Brazil and Singapore among other jurisdictions with clear regulatory trajectory. The exchange also has plans for major partnerships...
CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud
United States regulators have finally taken steps to resolve an enforcement case against the collapsed Mirror Trading International (MTI).The United States District Court for the...
Crypto firm LBRY files to challenge ruling it violated US Securities Law
The SEC filed a lawsuit in a New Hampshire court arguing that LBRY’s LBC tokens were tokens and not cryptocurrencies. The SEC won a case...