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Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote
20.5.2024
The Blockchain Association is urging a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21), a Monday letter from the crypto advocacy group to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries reveals. News of the letter comes on the heels...
US Senate passes resolution overturning SEC crypto rule on banks
16.5.2024
U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets
Breaking: Senate Overwhelmingly Votes To Overturn The SEC’s SAB121
16.5.2024
The U.S. Senate voted to formally issue a disapproval of the United States Securities and Exchange Commission’s (SEC) controversial staff accounting bulletin SAB121 on Monday afternoon. The vote follows a House vote of the federal agency’s guidelines, with the resolution now headed to President...
House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources
15.5.2024
A House proposal to revoke the U.S. Securities and Exchange Commission's Staff Accounting Bulletin 121 is likely to pass through the Senate in a vote on Thursday, multiple people familiar with the situation told CoinDesk
House Approves Resolution to Overturn SEC’s Crypto Rules — Biden Threatens to Veto
9.5.2024
The U.S. House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets. The resolution seeks to reduce regulatory burdens and promote safer custodianship of digital assets by regulated banks....
President Biden says he would veto resolution countermanding SEC crypto rule
8.5.2024
After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure
House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution
8.5.2024
The U.S. House of Representatives is set to vote this afternoon on a resolution proposed by Representatives Wiley Nickel (D-NC) and Mike Flood (R-NE) that would see a formal disapproval of the United States Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. News of...
PrimeXBT and FinCom join forces to simplify dispute resolution
24.4.2024
A non-governmental organization, the Financial Commission (FinCom) oversees the operations of the financial services industry. With effect from April 23, the platform will welcome PrimeXBT as its newest authorized member. PrimeXBT is distinguished as an authorized broker member due to its provision...
Report: ‘Enhanced’ For PS5 Pro Could End Up Meaning A Lot Of Different Things
16.4.2024
Information about Sony’s upcoming PS5 Pro codenamed Trinity is continuing to trickle out. Although nothing we’ve learned so far about the device makes it sound like a must-have upgrade, details corroborated by The Verge point toward several enhancements that games running on a PS5 Pro will have....
New Research Suggests Some Gamers' Eyes See More FPS
2.4.2024
Ever wondered how pro gamers get so, well, pro? Sure, it’s the hours of grinding and practicing, mastering a game’s systems and applying them in competitive situations. And yeah, it’s the hours of learning and studying, returning to a game’s roots and watching the players that came before....
Binance CEO Richard Teng Visited South Korea to Address Market Entry Challenges: Report
1.4.2024
Binance CEO Richard Teng has reportedly made a secret visit to South Korea in an effort to directly engage with domestic financial authorities and find a resolution to the hurdles facing the company's entry into the Korean market.
The post Binance CEO Richard Teng Visited South Korea to Address...
Rumored PS5 Pro Will Have 'Spectral Super Resolution,' Whatever That Means
15.3.2024
The PS5 Pro rumor mill is turning once again. While some analysts believe Sony’s PlayStation refresh will launch sometime this year, likely before GTA 6 comes out, we still don’t know too much about the console. Now, a new leak suggests the improved PS5 will not only have more teraflops than...
BlockFi to Receive $874.5 Million From Settlement with FTX and Alameda Research
7.3.2024
BlockFi reaches a settlement with FTX and Alameda Research, securing $874.5 million for customer compensation, setting the stage for significant progress in its bankruptcy resolution process.
The post BlockFi to Receive $874.5 Million From Settlement with FTX and Alameda Research appeared first...
House Financial Services Committee Votes In Favor of Resolution to Overturn SEC’s SAB 121
1.3.2024
The House Financial Services Committee voted on Thursday to proceed with a resolution that would “reverse” the United States Securities and Exchange Commission’s (SEC) controversial digital asset accounting bulletin, SAB 121, which critics claim has "serious ramifications" for the banking...
Gemini announces a successful resolution of the Earn dispute
29.2.2024
Gemini recently announced reaching a settlement in principle with Genesis and related creditors. The platform released an official post to share the information with Earn users. The short post read that Gemini has concluded the Genesis Bankruptcy dispute. If a Bankruptcy Court approves it, every...
Honduras Tightens Crypto Regulations, Prohibits Bank Transactions and Holdings
17.2.2024
The National Banking and Securities Commission of Honduras (CNBS) has passed a resolution prohibiting the country’s financial institutions from engaging in cryptocurrency-related activities. The CNBS stated that crypto transactions cannot be guaranteed by the Honduran central bank due to...
U.S. Congress Members Push Back Against SEC’s Controversial Accounting Bulletin SAB 121
2.2.2024
U.S. Congress Members introduced bipartisan legislation on Thursday in hopes of overturning the Securities and Exchange Commission’s (SEC) controversial Staff Accounting Bulletin 121 (SAB 121). Senator Cynthia Lummis (R-WY), Representative Wiley Nickel (D-NC), and Mike Flood (R-NE) have joined...
‘Controversial’ Bitcoin Proposal to Curb Inscriptions Ignites Fierce Debate, Ends Without Resolution
7.1.2024
On Friday, Jan. 5, 2024, the debate surrounding Bitcoin developer Luke Dashjr’s proposal to restrict all varieties of data-bearing transactions concluded as the topic veered into “controversial” territory. Bitcoin Core custodian and Blockstream staff member Andrew Chow...
Bank of Spain Collaborates with Cecabank, Abanca, and Adhara Blockchain for CBDC Tests
6.1.2024
Source: iStock/Zerbor Spain’s central bank, Banco de España, has revealed its selected collaborators for the testing phase of the central bank digital currency (CBDC) initiative, a year after issuing a call for collaboration. Out of 24 applications received over the past year, Bank of Spain...
Radiant Capital Resumes Arbitrum Markets Operations After Security Breach
5.1.2024
Source: DALL·E Radiant Capital has announced the reopening of its lending and borrowing markets on Arbitrum after an extensive security review. According to Radiant Capital’s recent post, this resumption came after a detailed review and resolution of the security breach that resulted in...