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Japanese Yen Hits 20-Year Low Against US Dollar; BOJ Maintains Loose Policy Amid Inflation Pressures

2.8.2023
In the last month, Japan’s official currency has dipped slightly more than 1% in comparison to the U.S. dollar. Then, on Tuesday, the Japanese yen plummeted to its weakest position against the greenback in over 20 years, a shift that came after the Bank of Japan opted to keep its extremely...

Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications

2.8.2023
As many as six entities have filed applications with the U.S. Securities and Exchange (SEC) for Ethereum Futures exchange-traded funds (ETFs) as of filing time on August 2, 2023

Kenyan Government Suspends Worldcoin Activity on Financial Security, Privacy Concerns

2.8.2023
Kenya is the first country to fully suspend Worldcoin operations. Data protection offices in Europe have started investigations

Crypto Custodian Hex Trust Expands European Foray With Registration in France

2.8.2023
The registration, which follows last year's approval in Italy, is "a significant milestone" for its European expansion plans, Hex Trust said

G20 President India Publishes its Input for Framing Global Crypto Rules

2.8.2023
As the current president of the Group of Twenty (G20), India has made public its presidency note on crypto in an effort to have its suggestions included in the framing of global crypto rules

U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense

2.8.2023
Attorneys for Sam Bankman-Fried pushed back against the U.S. Department of Justice's motion to remand the FTX founder in a court filing Tuesday

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

1.8.2023
The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law

Longtime Environmentalist RFK Jr. Not So Sure Bitcoin Is Boiling the Oceans

1.8.2023
The environmental argument "should not be used as smokescreen to curtail freedom to transact," U.S. Democratic presidential candidate Robert F. Kennedy Jr wrote on Twitter

Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor

1.8.2023
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed

Bitcoin Won’t Back U.S. Dollar, Presidential Hopeful Vivek Ramaswamy Says

1.8.2023
The Republican candidate’s comments stand in contrast to Democratic candidate Robert F. Kennedy, who supports using bitcoin to stabilize the dollar

Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance

1.8.2023
The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take possession of the staking reward. IRS Clarifies...

Binance Japan Starts Onboarding Users

1.8.2023
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission

IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens

31.7.2023
A cryptocurrency investor rewarded assets for validation activity on a proof-of-stake network should count the rewards as income in the year the investor gets control of those tokens, according to a ruling issued Monday by the Internal Revenue Service (IRS)

Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs' Motion to Dismiss SEC Lawsuit

31.7.2023
A federal judge rejected Terraform Labs' motion to dismiss a lawsuit filed by the U.S. Securities and Exchange Commission

DeSantis Accuses Biden of 'War on Bitcoin,' Vows to Stop It if Elected President

31.7.2023
Presidential candidate and Florida Governor Ron DeSantis (R-Fla.) called out the Biden Administration for its “war” on bitcoin and cryptocurrencies and said that he will end it should he become President

U.S. SEC Sues Richard Heart, Hex, PulseChain on Unregistered Securities, Fraud Allegations

31.7.2023
The U.S. Securities and Exchange Commission (SEC) sued internet marketer Richard Schueler, known online as Richard Heart, and his projects Hex, PulseChain and PulseX, alleging he raised over $1 billion across three different unregistered securities offerings