US industry watchdogs oppose draft bill on crypto market structure
An alliance of industry watchdogs based in the United States has united to express opposition to a proposed draft bill on the crypto market structure...
IRS probes crypto traders using Puerto Rico tax breaks: Report
Prosecutors from the United States and agents from the Internal Revenue Service (IRS) are reportedly investigating wealthy crypto traders and fund managers suspected of illegally...
What to expect from the first Coinbase-SEC hearing
A pre-motion hearing set to take place on July 13 between the Securities and Exchange Commission (SEC) and crypto exchange Coinbase should provide a sense...
US senators reintroduce crypto bill aimed at comprehensive regulation
United States Sens. Cynthia Lummis and Kirsten Gillibrand will reintroduce legislation aimed at establishing a comprehensive regulatory framework for digital assets.The U.S. lawmakers said they...
CFTC case against Digitex futures exchange and CEO results in $16M court order
A United States federal court has ordered Digitex CEO Adam Todd to pay roughly $16 million in disgorgement and penalties related to a Commodity Futures...
European regulator releases consultative paper on MiCA standards for crypto asset service providers
The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Assets (MiCA) mandates on July 12. It...
Conflux (CFX) soaring after Bank of China announced SIM Card NFC payments
At press time, Conflux (CFX) token was trading at $0.1981, up 10% in the last 24 hours. Conflux Network partnered with China Telecom to develop...
LBRY Credits Token plummets after federal court ruled against LBRY Inc.
At press time, LBRY Token had plunged to $0.009298 from a high of $0.01235 on July 11. The plunge followed a ruling that LBRY Inc....
Blockchain Association calls for investigation into Prometheum over alleged ‘sweetheart’ SEC deal
The Blockchain Association, a United States-based crypto advocacy group, has submitted a letter to the U.S. Securities and Exchange Commission’s (SEC) Office of Inspector General calling...
Helium surges as Bitcoin and Ethereum hover at key levels
Helium rose double digits as did 1inch and NEM after US inflation data Bitcoin price on the other hand touched $31k on Coinbase and Ethereum...