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Gensler Dodges Crypto Questions After Treasury Market Meeting


Image Source: CNBC Securities and Exchange Commission (SEC) Chair Gary Gensler appeared reluctant to discuss cryptocurrency during a meeting focused on the U.S. Treasury market, evading a reporter’s question regarding the status of spot bitcoin ETF applications.  Gensler’s response came...

Indian Government Provides Update on Crypto Regulation


The Indian government has responded to questions during a parliamentary session regarding crypto regulation in India. The government emphasized the valuable guidance provided by the IMF-FSB synthesis paper presented at the G20 summit, noting that this paper offers a framework for both G20...

Bitcoin Price Prediction as BTC Falls 7% in 7 Days – Time to Buy the Dip?


Bitcoin, the pioneering and most prominent cryptocurrency, has recently faced a downward trend, slipping below $42,000 earlier this week. This decline, accentuated by the release of the latest US Consumer Price Index (CPI) numbers, raises questions about the asset’s short-term trajectory....

Parliament of India Holds Discussion on Future of Web3


Source: Pixabay The lower house of the Indian Parliament, Lok Sabha, held a discussion on the importance of web3 and blockchain sector in India on December 6. Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, emphasized the importance of Web3 and Blockchain...

SEC’s Absence at Binance Settlement Announcement Raises Questions


SEC building. Source: Adobe / qingwa The recent $4.3 billion settlement between Binance and various US government agencies, announced by top Biden administration officials, has stirred controversy due to the absence of Securities and Exchange Commission (SEC) Chair Gary Gensler at the announcement....

Binance's Future and Other Questions Post-Settlement


Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is still operating, while federal prosecutors...

Crypto Tax Proposal Open for Revision, IRS Officials' Questions Suggest


While crypto representatives and lawyers cautioned the U.S. Internal Revenue Service (IRS) that its crypto tax proposal is a dangerous and improper overreach, questions posed by a panel of IRS and Department of the Treasury officials at a Monday hearing may reveal some flexibility in the rule...

Infowars Host Alex Jones Lost 10,000 Bitcoin in Max Keiser’s Quiz


Alex Jones, host of Infowars, failed to answer a quiz of five questions that would have allowed him to recover 10,000 bitcoin he lost in a laptop over ten years ago. International journalist and Bitcoin enthusiast Max Keiser asked five questions on Bitcoin and its operation, of which Jones answered...

As the Jury Deliberates in SBF Trial, what happens next?


As the jury begins deliberations in the trial against Sam Bankman-Fried, questions remain over what impact the verdict will have on the crypto industry as a whole. Here’s what to expect going forward. The future of FTX John Jay Ray III, an attorney with a track record for recovering funds...

SBF Testifies: “F-ck Regulators”


Sam Bankman-Fried continued his testimony while fielding grilling questions from the prosecution in Manhattan federal court on Monday morning.  The defense finished their direct examination of Bankman-Fried earlier this morning, prompting Bankman-Fried to begin his cross-examination conducted...

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