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Australian stablecoin startup Stables expands to Europe and UK
22.7.2024
Stables co-founder Bernado Bilotta says stablecoins are starting to break free of “crypto-native” applications and make their way into the mainstream
7 US States Unite to Challenge SEC’s Crypto Overreach
21.7.2024
Seven U.S. states have united in a coalition to challenge the U.S. Securities and Exchange Commission’s (SEC) regulation of cryptocurrency. The states filed an amicus brief arguing that the SEC’s “power grab” would stifle innovation, harm the crypto industry, and exceed...
Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience
21.7.2024
While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through, thus diminishing the overall user experience, said Ivo Georgiev, co-founder and CEO of Ambire Wallet. Georgiev argues that regulations like the Eurozone’s Markets...
ChatGPT X account replicates Joe Biden's 'I'm sick' post
21.7.2024
The official X account for OpenAI’s ChatGPT used the same “I’m sick” post as United States President Joe Biden did before playfully mocking general intelligence
Gemini reaches settlement with IRA Financial Trust over $36M exploit
19.7.2024
The lawsuit, initially filed by IRA in June 2022, alleged that Gemini misrepresented its security protections, resulting in an exploit that removed $36 million in crypto
Grayscale announces plans for Bitcoin ETF spinoff
19.7.2024
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism
19.7.2024
The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over those issued on public chains. This has elicited...
Will UK Labour gov’t follow Germany’s example and liquidate 61,245 BTC?
19.7.2024
After 14 years, Labour is in control of the UK government. Chancellor of the Exchequer Rachel Reeves may have discretion to use the country's Bitcoin holdings for the party's goals
WazirX breach post-mortem: Dismantling the $230M attack
19.7.2024
The WazirX breach highlights vulnerabilities in multisig wallets despite stringent security measures, with hackers exploiting discrepancies in data
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
19.7.2024
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin...
Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia
19.7.2024
The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in August, would give authorities the power...
Crypto Super PAC spends $1.3M on media buy for Arizona Democrat
18.7.2024
The Protect Progress political action committee has been behind media buys for candidates in many congressional races across the United States
Greek gov't to impose crypto taxes starting 2025
18.7.2024
Currently gains on crypto profits are going untaxed and unrecognized by the Greek government - but not for long as regulators are seeking new taxes on the industry early next year
Ripple CEO Blasts Political Divide Over Crypto, Calls for Bipartisan Cooperation
18.7.2024
Ripple CEO Brad Garlinghouse has criticized the politicization of cryptocurrency in the U.S., stressing the necessity of a bipartisan approach and clear regulatory guidelines. He condemned the partisan divide in crypto innovation, particularly addressing Senator Elizabeth Warren’s...
Judge reduces Ethereum dev’s prison sentence by 7 months
17.7.2024
Virgil Griffith could be eligible for release as early as January 2025 after pleading guilty to violating US sanctions on North Korea
21Shares Ether ETF to waive fees for up to 6 months as issuers prep for listings
17.7.2024
21Shares joins other Ethereum exchange-traded fund issuers that are slashing fees to woo investors
Vitalik Buterin warns of politicians claiming to be ‘pro-crypto’
17.7.2024
The Ethereum co-founder said he had observed the Russian government espousing crypto while acting as an authoritarian regime
King Charles lays out Labour govt plan for UK, with crypto unmentioned
17.7.2024
During the State Opening of Parliament in May 2022, the UK government led by Conservatives introduced two bills concerning cryptocurrencies
Here’s what happened in crypto today
17.7.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Nigeria begins review of its blockchain technology policy
17.7.2024
The steering committee’s work is actively toward Nigeria taking a leadership position in African blockchain development