SEC delays decision on 6 spot Bitcoin ETF applications
The United States Securities and Exchange Commission (SEC) has postponed its decisions on six applications for spot Bitcoin exchange-traded funds (ETFs). According to SEC filings dated Aug....
Elon Musk’s X platform has payments licenses in seven US states
The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has received clearance for payment processing...
Breaking victim ‘trust’ in scammer is key to beat crypto scams, exchanges say
Cryptocurrency exchanges in Australia have been increasingly communicating with their users as part of preventative measures against scams. According to local crypto firms, such communication...
Genesis lenders call DCG agreement ‘wholly insufficient’
The lenders of bankrupt cryptocurrency lender Genesis are not satisfied with the latest in-principle settlement agreement with other parties, including Digital Currency Group (DCG).On Aug....
EOS secures regulatory approval in Japan, will trade against yen
The EOS token has been granted whitelist approval by Japan’s crypto regulator, paving the way for the token to be traded against the Japanese yen on...
Canaan reports better-than-expected revenue in Q2
Canaan Inc. (NASDAQ: CAN) has released its Q2 financial report showing an increase in mining revenue. The Bitcoin miner’s total revenue rose to $73.9 million,...
Akropolis (AKRO) up 441%: here’s why the crypto is rising
The price of Akropolis (AKRO) cryptocurrency has risen by 441% over the past year. In the past 24 hours, the coin has surged by 30%...
New tax rules for crypto in the US: Law Decoded
The United States Internal Revenue Service (IRS), which is responsible for tax collection in the United States, has released proposed regulations on the sale and...
SEC charges LA company with offering of NFT securities
SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs. Impact Theory did not deny nor agree...
Google updates service policies to comply with EU regulations
Google plans to update some of its service policies to comply with the European Union’s Digital Services Act (DSA), according to an Aug. 24 blog...