‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?
15.6.2023
A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan has drawn the attention of those in the crypto space
Institutional crypto broker FPG halts withdrawals after $20M cyberattack
15.6.2023
Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening
US Treasury Secretary Yellen: Decoupling From China Would Be ‘a Big Mistake’
15.6.2023
U.S. Treasury Secretary Janet Yellen has warned that despite some human rights concerns that need to be addressed, ceasing trade with China would be a “big mistake” for the U.S. “De-risk? Yes. Decouple? Absolutely not,” she stressed, adding that the outcome of decoupling...
House Republicans Call on the SEC To Withdraw Proposed Rule That They Say Could Affect Decentralized Exchanges
15.6.2023
A proposed Securities and Exchange Commission rule would shut down the development of the digital asset industry and should be withdrawn, House Republicans said.
A group of lawmakers in the House Financial Services Committee wrote to the SEC this week criticizing the proposed rule that they...
Pro-Bitcoin Florida man Francis Suarez enters presidential race
15.6.2023
Miami Mayor Francis Suarez signed paperwork on June 14 signaling his intention to run for the United States presidency
Bitcoin dips below $25K for the first time in 3 months
15.6.2023
The price of Bitcoin plunged 4% as the Federal Reserve pressed pause on interest rates
First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil
15.6.2023
Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K
Pro-Bitcoin Miami Mayor Francis Suarez Joins Race for 2024 US Presidential Election
15.6.2023
Another politician entered the race for America’s presidential election in 2024, and unlike the Democratic incumbent, Joe Biden, and the Republican, Donald Trump, this candidate is crypto-friendly. Miami mayor Francis X. Suarez filed to run as a Republican, according to his recent Federal...
China to Showcase Digital Yuan at Summer World University Games
15.6.2023
Student athletes from around the world will get the chance to use China’s digital yuan in July, with the CBDC put to use at the Summer World University Games in Chengdu.
Per the Chinese media outlet The Cover, the games will become the first “major international sports event” to “officially...
Bitcoin Friendly Miami Mayor Francis Suarez Jumps Into Presidential Race
15.6.2023
Suarez joins an increasingly crowded field as a longshot candidate for the Republican nomination. The mayor once accepted a paycheck in bitcoin
Best Crypto to Buy Now 14 June – Binance Coin, Injective, Fantom
15.6.2023
The U.S. Federal Reserve's recent decision to maintain its key lending rate has surprised many, as it breaks the trend of rate hikes observed in the past year and a half.
This has left some wondering how long the pause will persist, given the persistent inflationary forces in the economy and...
Custodian Prime Trust’s Payments Subsidiary Banq Files for Chapter 11 Bankruptcy Protection
15.6.2023
Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy protection in the United States. According to court documents, the filing reveals that Banq listed approximately $17.725 million...