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SEC v Ripple: attorneys leave SEC side, both groups add new lawyers
24.8.2023
Attorneys Pascale Guerrier, Richard Best and Robert MacDonald Moye representing the U.S. SEC in its ongoing lawsuit against Ripple have withdrawn from the case
BRICS Countries Can Use India’s UPI Instant Payment System, Prime Minister Modi Suggests
24.8.2023
Member states of the BRICS bloc can follow the example of other nations and start using India’s Unified Payments Interface (UPI) system, according to Prime Minister Narendra Modi. The country is a leader in digital transactions, the head of the Indian government said in South Africa where...
Brazil’s President Says BRICS Not Seeking to Counter US, G7, or G20 — Pushes for BRICS Currency
24.8.2023
Brazil’s President Luiz Inacio Lula da Silva has stated that the BRICS economic bloc does not want to be “a counterpoint to the G7, G20, or the United States,” emphasizing that the BRICS nations “just want to organize ourselves.” The Brazilian leader also pushed for “the creation of...
Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says
23.8.2023
The development bank founded by the BRICS bloc of emerging economies aims to promote a multipolar financial system, its head, Dilma Rousseff, has indicated. As part of these efforts, the institution seeks to expand lending in local currencies, those of member states in particular, such the South...
Bitstamp halts ETH staking in the United States
23.8.2023
The crypto exchange is ending staking services for U.S.-based users on Sep. 25; the decision came a few weeks after Bitstamp halted trading for seven altcoins in the country
US Court Hands 3-Year Jail Sentence to Man Accused of Conspiring to Defraud Crypto Holders
23.8.2023
A U.S. court has sentenced a man accused of conspiring to defraud cryptocurrency owners to three years in prison. The court also ordered the man to pay $2,816,433 in restitution to 11 victims of his Subscriber Identity Module (SIM) swap fraud scheme. SIM Swap Fraud Scheme A United States district...
First Republican presidential debate to feature pro-crypto candidates
22.8.2023
Florida Governor Ron DeSantis and Vivek Ramaswamy will be in attendance at the political debate on Aug. 23, but not Miami Mayor Francis Suarez, despite earlier claims
Over 40 Heads of State Will Attend BRICS Summit, South Africa Confirms
22.8.2023
South Africa, the host of the BRICS summit this year, has confirmed that more than 40 heads of state will participate in the summit that will take place on Aug. 22-24. South Africa has also claimed that 23 countries have formally applied for BRICS membership. 40+ Heads of State to Participate...
Coin Center responds to US lawmakers' request for crypto tax guidance
21.8.2023
Among the crypto advocacy group's suggestions included a De Minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops, and hard forks
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
21.8.2023
Industry experts explain the benefits and disadvantages of PayPal’s PYUSD stablecoin
Nobel Laureate Paul Krugman States Argentina Should Adopt the Euro Instead of the US Dollar
21.8.2023
Economics Nobel laureate Paul Krugman recently stated that Argentina might be better off adopting the euro instead of the U.S. dollar amidst the devaluation of the Argentine peso. Krugman argued that Argentina has almost twice as much trade with the European Union as it does with the U.S., stating...
US judge rules in favor of human ingenuity, denies copyright for AI art
20.8.2023
This ruling shifts the conversation on AI and copyright, underscoring the significance of human creativity in intellectual property
Ether Futures ETFs could all get approval at same time: Report
19.8.2023
At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States
China facing deflation may be bad news for Bitcoin
19.8.2023
Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin
Elon Musk endorses pro-crypto presidential republican candidate
19.8.2023
Musk's statement, "He is a very promising candidate," piqued curiosity about Ramaswamy's candidacy and his stance on cryptocurrencies
SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea
18.8.2023
The SEC seeks to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs
Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement
17.8.2023
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity
2024 could be very bullish for crypto — Here’s why
17.8.2023
This week’s episode of Market Talks discusses why 2024 could be bullish for the crypto industry and if crypto has weathered the storm
Federal Reserve issues enforcement action against FTX-linked US bank
17.8.2023
Moonstone Bank, which was since renamed Farmington State Bank, received roughly $11.5 from FTX’s sister firm Alameda Research through its holding company in 2022
CoinSmart president says crypto taxes are a 'little bit more favorable' outside US
16.8.2023
According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways