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US House Financial Services Committee Approves First Crypto Regulatory Framework Bill
27.7.2023
A key US House Committee on Wednesday passed a bipartisan bill to ensure regulatory clarity for cryptocurrencies.
The House Financial Services Committee approved a Republican-led bill in a 35-15 vote, with support from some Democrats including Jim Himes of Connecticut and Ritchie Torres of...
Crypto bills pass congressional committee in 'huge win' for US crypto
27.7.2023
Two crypto regulatory bills have been passed by the United States House Financial Services Committee United States in one day
House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
27.7.2023
The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday
Federal Reserve Raises Federal Funds Rate by 25bps Amidst Moderate Economic Growth
26.7.2023
In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a handle on inflation. Fed Raises Benchmark Bank...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, as Markets Prepare for 25-Basis-Point Fed Rate Hike
26.7.2023
Bitcoin consolidated marginally above the $29,000 level on Wednesday, ahead of today’s Federal Open Market Committee (FOMC) meeting. It is widely expected that the Fed will increase rates by 25 basis points, after holding off on hiking last month. Ethereum also remained mostly unchanged....
End of Fed’s Tightening Cycle: Bernanke, Majority of Polled Economists See Terminal Rate Hike Ahead
23.7.2023
With just a four-day window to go, the U.S. Federal Reserve appears primed to raise the federal funds rate by 25-basis-points (bps) at the forthcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday. The market presently maintains the conviction that this quarter-point uptick...
As congress committee leaders push for crypto legislation, Dogecoin & DigiToads soar
22.7.2023
The evolving world of cryptocurrencies faces increased scrutiny from Congress Committee Leaders, bringing excitement and uncertainty. The proposed legislation aims to regulate cryptocurrencies for a more stable and secure digital economy. The spotlight falls on two meme coins, Dogecoin (DOGE)...
UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling
20.7.2023
The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks
Today in Crypto: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions, Russia's Duma Passes Digital Ruble Bill, Stablecoins are 'Existential Threat to Policy Sovereignty'
12.7.2023
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: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions...
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
12.7.2023
The committee sought input from the cryptocurrency industry to better understand the tax challenges presented by digital assets
US Senate Finance Committee asks digital asset community how to tax it in open letter
12.7.2023
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so
Parliamentary report recommends Canada recognize, strategize blockchain industry
10.7.2023
“Canada punches above its weight” in blockchain innovation, parliamentarians conclude, but lots more should be done to encourage the industry
Bitcoin, Ethereum Technical Analysis: BTC Briefly Climbs to 1-Year High, Before Losing Momentum
6.7.2023
Bitcoin rose to a fresh one-year high on Thursday, as markets reacted to the release of June’s FOMC minutes. The report on last month’s Federal Open Market Committee meeting showed that “almost all participants” are in favor of further hikes this year. Ethereum also...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Lower Ahead of FOMC Meeting Minutes
5.7.2023
Bitcoin dropped below $31,000 on Wednesday, as markets consolidated ahead of the upcoming U.S. Federal Open Market Committee (FOMC) minutes. The minutes of last month’s meeting are expected to show the Fed’s potential path to further hikes this year. Ethereum fell for a second...
Accept the ‘Best and Final Offer’ or Face Legal Action Gemini’s Cameron Winklevoss Tells DCG Founder
5.7.2023
According to Cameron Winklevoss, the co-founder of the crypto exchange Gemini, a lawsuit will be filed on July 7 against Barry Silbert and the Digital Currency Group if the latter two fail to accept creditors’ “best and final offer.” Winklevoss also vowed to work with...
US Representative Warren Davidson: ‘CBDC Corrupts Money Into a Tool for Coercion’
5.7.2023
Warren Davidson, U.S. representative and part of the House Committee on Financial Services, has disregarded issuing a central bank digital currency (CBDC) in the country. Davidson explained that CBDCs corrupt money into a “tool for coercion” and detailed that there was no legal way...
Voyager Digital’s Bankruptcy Battle Racks Up Millions in Legal Expenses
4.7.2023
A recent court filing from the now-insolvent Voyager Digital Holdings and its creditor committee revealed that legal expenses amounting to $16.5 million have accumulated from July 22, 2022, through May 18, 2023. The records indicate that between March and May 2023, roughly $5.17 million in legal...
2 Rate Hikes or Hold? Fed Predictions Vary From No Rate Hikes to 6% in 2023
3.7.2023
Based on projections from the U.S. Federal Reserve, it is anticipated that the central bank will implement two additional increases to the federal funds rate within the span of 2023. As indicated by Fed policymakers, they estimate the benchmark bank rate to fall within the range of 5.5% to 5.75%...
U.S. House committee chairs, Blockchain Association turn up heat on SEC head Gensler
29.6.2023
Three House chairs sent a letter regarding recordkeeping and FOIA, and the industry advocacy group suggested Wells notice recipients ask for his recusal from their cases
Canadian committee proposes measures to support blockchain, crypto
29.6.2023
The report which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors