Crypto and Laws
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ARK Invest’s Cathie Wood expects delayed Bitcoin ETF decision, but predicts multiple approvals afterwards
ARK Invest CEO and CIO Cathie Wood said on Aug. 7 that the SEC could approve multiple Bitcoin spot ETFs at once but will likely not do so by...
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Worldcoin global ID demand doubles despite regulatory hiccup, WLD token turbulence
Worldcoin claimed that demand for its global World ID verifications doubled during the first week of its launch despite the early regulatory...
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New York Attorney General probing Digital Currency Group in relation to Genesis Global Capital : Report
The New York Attorney General (NYAG) is currently probing Digital Currency Group (DCG), according to reports from Bloomberg on Aug. 4 . In...
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US exodus as Revolut now ‘suspends’ crypto access in country amid regulatory uncertainty
Amid the evolving landscape of crypto regulation in the United States, financial technology company Revolut has announced it is...
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SEC chair Gary Gensler pivots agency’s attention to AI: “We can get to crypto later”
According to reporting from Bloomberg, U.S. Securities and Exchange Commission (SEC) chair Gary Gensler is downplaying its focus on...
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HashKey becomes first Hong Kong licensed retail crypto trading service
HashKey Exchange has been licensed to offer crypto trading services to retail users in Hong Kong, making it the first exchange to offer such...
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Ripple accuses SEC of weaponizing the company’s quarterly reports in court
Ripple has decided to remove details of its XRP transactions from its quarterly reports, a change driven by a lawsuit from the U.S. Securities...
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Worldcoin WLD token jumps nearly 5% despite Kenyan government suspension
The Kenyan Government has suspended the activity of Worldcoin, the recently launched digital identity crypto project, according to an Aug. 2...
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MoonPay CEO was responsible for $500K donation to Miami mayor’s super PAC
Miami mayor Francis Suarez’s presidential campaign received a donation from the CEO of the crypto firm MoonPay, the Miami Herald reported...
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Dubai expands crypto licenses, granting approval to Nomura
Dubai has granted a coveted full crypto license to a subsidiary of Japanese financial giant Nomura Holdings Inc., according to BNN Bloomberg....
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IRS clarifies rules on crypto staking rewards
The Internal Revenue Service issued new guidelines on July 31 , outlining its stance on taxing cryptocurrency staking rewards. The new...
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Binance secures first operational license in Dubai amid regulatory hurdles in Europe.
Following multiple setbacks with European regulators, Binance has become the first digital asset exchange to receive an Operational Minimum...
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Coinbase CEO claims SEC said ‘every asset other than Bitcoin is a security’
The US Securities and Exchange Commission (SEC) reportedly asked Coinbase to stop trading in all cryptocurrencies besides Bitcoin. In an...
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GitHub urges the European Union to reconsider its AI Act
In a joint effort, GitHub, Hugging Face, Creative Commons, and other tech companies have penned an open letter appealing to European Union (EU)...
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Elizabeth Warren Reintroduces Crypto Bill, Gains Support from Banking Policy Group
In an unexpected alliance, Massachusetts Senator Elizabeth Warren and the Bank Policy Institute (BPI) have found common ground on the issue of...