New York Attorney General sues Gemini, Genesis, DGC for allegedly defrauding investors
A filing from New York attorney general Letitia James alleges that the cryptocurrency companies defrauded investors of over $1 billion. Go to Source
Month: October 2023
Cryptocurrency Mining: A Comprehensive Guide for Beginners
Cryptocurrency mining is a fundamental concept that underpins the entire blockchain technology ecosystem. For beginners entering the world of digital currencies, understanding the basics of cryptocurrency mining is a crucial first step. What is Cryptocurrency Mining? At its core, cryptocurrency mining is the process of validating transactions and adding them to the public ledger or … Read more
Finland works on instant payments system, embraces digital euro
The Bank of Finland actively promotes the development of new forms of payment. Go to Source
UAE emirate launches new free zone for digital assets, Web3 and AI
Ras Al Khaimah, known for its rich cultural sites, is turning to the virtual assets sector to diversify its economy away from traditional avenues such as tourism. Go to Source
Hodling hard: Bitcoin’s long-term investors own over 76% of all BTC for the first time
BTC supply dynamics show all-time high percentage ownership by long-term holders, and Bitcoin investors should “do the math” as a result, analysis says. Go to Source
Elon Musk, Mark Cuban team up to contest SEC trial strategies
The context of this legal challenge centers around the SEC v. Jarkesy case, in which George Jarkesy contends that his Seventh Amendment rights were violated. Go to Source
Coinbase selects Ireland as its European crypto hub
The crypto exchange has applied for a license under the EU’s new Markets in Crypto-Assets with the Central Bank of Ireland and, if successful, will be able to “passport” its services across EU states. Go to Source
U.S. Office of the Comptroller will discuss tokenization as opposed to crypto
The OCC will host a symposium on tokenization and its benefits in February 2024. Go to Source
India state refiner HPCL uses blockchain to verify purchase orders
Hindustan Petroleum, one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders. Go to Source
IRS crypto tax reporting rules threat to industry — Coinbase legal chief
The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January 2026. Go to Source