Web3 usernames may see greater adoption due to recent advancements
New developments such as free usernames, cross-chain names, and chat functions may lead to more addresses being associated with a name. Go to Source Powered by WPeMatico
Crypto
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Investors want crypto, but not without TradFi backing: Nomura survey
A Nomura Laser Digital survey has revealed the majority of institutional investors polled are still keen on crypto. Go to Source Powered by WPeMatico
Breaking: US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler
“U.S. capital markets must be protected from a tyrannical Chairman, including the current one,” Congressman Warren Davis wrote in reference to SEC head Gary Gensler. Go to Source Powered by WPeMatico
SEC’s crypto actions surged 183% in 6 months after the FTX collapse
The regulator stepped up enforcement actions in the crypto space following the revelations that took place around FTX. Go to Source Powered by WPeMatico
Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz
The Galaxy Digital CEO said there has been a recent lack of institutional interest in cryptocurrency buying, which has led to deflated enthusiasm in the markets. Go to Source Powered by WPeMatico
‘Exhausted all options’ — Unbanked to close after being left hanging by investor
Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa, and most recently, TradeBlock. Go to Source Powered by WPeMatico
EU Council Adopts New Rules for Europe’s Crypto Markets
The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first comprehensive legal framework for digital assets like bitcoin. EU Finance Ministers Give Final Nod to Markets … Read more
Tax Authority Slated to Become Main Crypto Regulator in Russia
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market participants. Russians to Report Crypto Holdings and Transactions to Their Tax Service … Read more
Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings
South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean Law Enforcement Authorities Check Records From 3 Crypto Platforms Investigators from the Seoul … Read more
Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs
United States District Judge Analisa Torres made the order on May 16 in a win for Ripple. Go to Source Powered by WPeMatico