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Today in Crypto: Nigeria's Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in 3 Months, INX Works with BitGo to Launch a Pilot Wallet Management Solution for Regulated Security Tokens
4.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Nigeria's Government Approves a National Blockchain Policy, CEX Trade Volumes Fall for 1st Time in...
North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State
4.5.2023
The U.S. state's House of Representatives voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments
Nigerian national blockchain policy gets government approval
4.5.2023
Nigeria's federal executive council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology
Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy
4.5.2023
The policy announcement makes no mention of crypto, which the government cracked down on in 2021
Supposed AI-Based Crypto Token Using Musk's Image Targeted by Texas Securities Board
4.5.2023
Five U.S. states are ordering TruthGPT Coin promoters to stop using images of Elon Musk, CZ and Vitalik Buterin to promote what they describe as an investment scam
U.S. SEC Changes Its Mind on Officially Labeling Digital Assets
4.5.2023
The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it deleted what would have been its first formal definition of “digital asset” from its latest hedge fund rule
FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
3.5.2023
Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday
Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case
3.5.2023
Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to a report from Reuters
RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race
3.5.2023
Robert F. Kennedy Jr., the latest presidential candidate from one of the most famous U.S. political families, is introducing a number of crypto issues in his newly announced campaign to challenge Joe Biden
Democratic Presidential Candidate Robert F. Kennedy Jr. Says It Is a “Mistake” To Hinder Crypto
3.5.2023
Democratic presidential candidate Robert F. Kennedy Jr. has taken to Twitter over the past day or so to air his thoughts about cryptocurrency regulation.
Kennedy most recently criticized the Biden Administration’s renewed call to propose a 30 percent tax on crypto-mining, calling it a “bad...
Federal Reserve Raises Interest Rate by 25bps, Insists ‘US Banking System Is Sound and Resilient’
3.5.2023
The U.S. Federal Reserve, in conjunction with the Federal Open Market Committee (FOMC), announced on Wednesday that the central bank would raise the federal funds rate by 25 basis points (bps), as was widely expected by the market. This marks the tenth consecutive occasion in which the Fed...
Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy
3.5.2023
The Blockchain Association is moving out of New York.
One of the biggest cryptocurrency lobbying groups said it had plans to shift resources out of the state to focus on federal policy....
Read More: Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy
Blockchain Association Leaves New York as Federal Regulatory Fight Looms
3.5.2023
The advocacy group will refocus its efforts on petitioning regulators and officials in Washington
Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide
3.5.2023
The law on promotions is set to come into effect around four months from now, the finance ministry has said
Celsius Founder Mashinsky Denies ‘Baseless’ Fraud Claims From New York State
3.5.2023
Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender
Allow Influencers to Promote Registered Crypto Firms, French Senators Say
3.5.2023
Lawmakers in the French National Assembly are seeking to effectively ban promoting crypto on social media, but Senators appear to favor lighter restrictions
UK Set to Ban Cold Calls Selling Financial Products, Including Crypto
3.5.2023
The reported value of U.K. cryptocurrency fraud climbed 32% to £226 million in the year ending in September 2022
Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does not Signal End of Tightening
3.5.2023
We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said
BitFlyer USA Fined $1.2M by NYDFS for Not Meeting Cybersecurity Requirements
3.5.2023
https://www.dfs.ny.gov/system/files/documents/2023/05/ea20230502_bitflyer_usa_inc.pdf
White House Pushes for Punitive Tax on Crypto Mining
2.5.2023