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Bitcoin Miner Greenidge Files Legal Complaint Against New York Regulator, Reports Q2 Earnings
19.8.2024
Greenidge Generation Holdings Inc. has initiated legal action against the New York State Department of Environmental Conservation, challenging the denial of its air permit renewal. The company also reported its second-quarter financial results, highlighting cost reductions and ongoing business...
Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule
19.8.2024
Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department over what it says is an “unconstitutional” amendment to the tax code that would require Americans to disclose the details of certain crypto transactions to the Internal Revenue Service (IRS)
Nigeria Planning to Present Law to Tax Crypto by September: Report
19.8.2024
Nigeria's Federal Inland Revenue Service (FIRS) plans to bring a bill for taxing the crypto industry to parliament by September, news outlet Punch Nigeria reported on Saturday
What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means
19.8.2024
A court in Dubai ordered a company to pay an employee using a cryptocurrency token, as agreed in the employment contract. The ruling raises several questions even as it lends some legitimization to crypto in the region
Shaquille O'Neal Will Have to Defend Some of the Allegations Against Him in the Astrals NFT Lawsuit
19.8.2024
A U.S. court has granted one part and dismissed another part of a class action lawsuit against legendary basketball player Shaquille O'Neal for his role in the NFT project Astrals, according to court documents
BRICS Plan New Payment System; Is Ripple Adoption Incoming?
17.8.2024
Amid rising economic uncertainties and shifting international trade dynamics, the BRICS alliance is stirring up quite a buzz…
Binance Goes Live in India: Full Access for Indian Users
17.8.2024
Binance has registered as a reporting entity with India’s Financial Intelligence Unit. Binance CEO Richard Teng emphasized the importance of the Indian market and the crypto exchange’s dedication to providing secure and efficient services. With this registration, Indian users now have...
Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports
16.8.2024
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported
South Africa’s new AI framework sets foundation for tech leadership
16.8.2024
As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy
IMF Proposes 85% Tax Hike on Crypto Miners & AI Data Centers
16.8.2024
The International Monetary Fund (IMF) has proposed a tax increase on crypto mining and artificial intelligence (AI) data…
South Korea's Pension Fund Snaps Up Nearly $34M MicroStrategy Shares
16.8.2024
South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week
Bank of Ghana unveils draft rules for cryptocurrency exchanges
16.8.2024
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures
What's Next in SEC v. Ripple?
16.8.2024
While the SEC case against Ripple was decided solidly in Ripple’s favor, the takeaways for the rest of the industry are limited
Stablecoin Regulations Could Pose Problems for Tether, JPMorgan Says
15.8.2024
Stablecoin issuer Tether has attracted regulatory scrutiny in the past due to its lack of transparency about the composition of its reserves, the report said
South Africa Unveils National AI Policy Framework, Seeks Stakeholder Feedback
15.8.2024
South Africa has published a national policy framework for artificial intelligence (AI) and is seeking feedback from stakeholders. This framework is the first step towards developing a comprehensive national AI policy. It aims to foster a robust AI ecosystem through coordinated efforts in research...
Binance Available in India After Obtaining FIU Registration
15.8.2024
Binance, the leading global crypto exchange, has announced its return to India today. The exchange has made yet…
California AI bill aimed at preventing disasters draws ire from Silicon Valley
15.8.2024
Crypto VC giant a16z claims the AI legislation will “burden startups because of its arbitrary and shifting thresholds.”
U.S. Crypto Bill Can Happen This Year, Senate's Schumer Tells Crypto Backers of Harris
15.8.2024
U.S. crypto legislation can happen this year, Senate Majority Leader Chuck Schumer (D-N,Y,) said Wednesday at the first major event in which crypto insiders have come out for Vice President Kamala Harris as their favored presidential contender
Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report
15.8.2024
The Trump Organization, the holding company for former U.S. President Donald Trump’s business ventures, will soon unveil its new cryptocurrency initiative, according to a Wednesday report from the New York Post
Binance Agrees to Pay $1.76 Million in Brazil Settlement
14.8.2024
Crypto exchange Binance has agreed to a settlement with Brazil’s Securities and Exchange Commission (CVM) to end the…