Bank of England will get more power in regulating stablecoins
The United Kingdom government could rebalance the power between the Bank of England (BoE) and the country’s principal financial regulator, the Financial Conduct Authority (FCA),...
Cathie Wood SEC may approve more than one Bitcoin ETF at once
SEC has to rule on ARK’s application for a Bitcoin ETF by August 13th. Cathie Wood expects the financial regulator to extend that deadline. A...
FTX has a plan, but creditors are not impressed: Law Decoded
FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it to...
CDC report underscores importance of Judge’s verdict in Ripple case
The Chamber of Digital Commerce (CDC), an American advocacy organization, on August 1, unveiled a comprehensive "impact and analysis" report on the SEC's lawsuit against...
Revolut to suspend cryptocurrency services in US
Cryptocurrency-friendly trading neobank Revolut is wrapping up its crypto services in the United States amid ongoing regulatory uncertainty.Soon after announcing a partial delisting of certain...
Bridgecoin Capital unveils lending platform for lending crypto into real estate assets
The Bridgecoin Capital lending platform will lend customers’ crypto into traditional real estate assets. The new lending platform enables investors to defer their crypto gains...
Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’
A number of United States’ lawmakers have urged the Internal Revenue Service (IRS) and the Treasury to speed up the closure of tax loopholes being...
Terminal 3 Raises Pre-Seed Funding for Decentralized User Data Infrastructure – CoinJournal
Hong Kong, Hong Kong, August 2nd, 2023, Chainwire Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user...
Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected
Florida Gov. Ron DeSantis has pushed a platform based partly on “economic independence” in his 2024 presidential campaign, specifically taking a stance on digital currencies. Speaking...
Bitcoin volatility at three-year low as crypto markets lull
Key Takeaways Crypto volatility has been dropping all year, with Bitcoin’s volatility now at three-year lows Volume is also dropping, as the calm markets are...