China facing deflation may be bad news for Bitcoin
Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin. Go to Source
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Ether Futures ETFs could all get approval at same time: Report
At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States. Go to Source
Elon Musk endorses pro-crypto presidential republican candidate
Musk’s statement, “He is a very promising candidate,” piqued curiosity about Ramaswamy’s candidacy and his stance on cryptocurrencies. Go to Source
SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea
The Securities and Exchange Commission wants to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs. Go to Source
Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity. Go to Source
Federal Reserve issues enforcement action against FTX-linked US bank
Moonstone Bank, which was since renamed Farmington State Bank, received roughly $11.5 from FTX’s sister firm Alameda Research through its holding company in 2022. Go to Source
2024 could be very bullish for crypto — Here’s why
This week’s episode of Market Talks discusses why 2024 could be bullish for the crypto industry and if crypto has weathered the storm. Go to Source
CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US
According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways. Go to Source
Binance.US request for protective order against SEC goes to magistrate judge
The legal team for Binance.US filed a motion for a protective order on Aug. 14, claiming it was necessary to protect the firm from the SEC’s “fishing expedition” during discovery. Go to Source
From the U.S. to Japan, regulators are beginning to embrace crypto
Switzerland, Singapore and the EU have taken the early regulatory lead, but Japan and the UAE are coming on now. Even the U.S. may be awakening. Go to Source