California State Assembly passes bill for licensing and regulating crypto firms
The bill requires digital asset exchanges and crypto companies to have a license of operation in the state of California. Go to Source Powered by WPeMatico
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Accomplice of ‘Cryptoqueen’ Ruja Ignatova faces extradition to US: Report
The British national facing extradition was allegedly involved in laundering $105 million through the crypto Ponzi scheme OneCoin starting in 2014. Go to Source Powered by WPeMatico
US Congressman to review all Binance US files related to consumer safety
The CEO of Binance US was reached out by a Subcommittee chairman for producing various documents — in an attempt to help review the measure taken to protect investors. Go to Source Powered by WPeMatico
Crypto ‘cannot be partisan’ says US lawmaker who scored negative on bipartisanship index: Report
“This is literally about looking at America and opportunities for Americans,” according to Minnesota Representative Tom Emmer. Go to Source Powered by WPeMatico
UN Human Rights Chief Voices Concern Over Assange Extradition Case, Wikileaks Continues to Raise Large Sums of Crypto
On Saturday, the human rights chief at the United Nations (UN), Michelle Bachelet, said that the potential extradition of whistleblower Julian Assange raises concerns for the rights of future whistleblowers and investigative journalists. Meanwhile, cryptocurrency supporters have continued to donate to Assange and his legal battle as Wikileaks has amassed hundreds of thousands of dollars … Read more
Celsius bankruptcy proceedings show complexities amid declining hope of recovery
Celsius Network’s bankruptcy proceedings have highlighted that the firm has misrepresented many of its assets with deep complexities in its operations. Go to Source Powered by WPeMatico
Still waiting: SEC delays VanEck’s third Bitcoin spot ETF application
The wait for a first Bitcoin spot exchange-traded fund continues as the U.S. SEC buys more time to make a decision on VanEck’s proposed BTC ETF. Go to Source Powered by WPeMatico
Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal
One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023. Go to Source Powered by WPeMatico
Crypto mining can benefit Texas energy industry: Comptroller’s office
Given the unique positioning of the crypto mining market, Texas officials believe miners can participate in demand response programs — which involve turning off miners’ power during peak demand. Go to Source Powered by WPeMatico
Certain regulatory clarity could be ‘hugely detrimental’ for crypto, says former CFPB director
Some players in the industry could find U.S. regulators making a “big overreach” if agencies like the SEC listed specific criteria for cryptocurrencies as securities. Go to Source Powered by WPeMatico