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Anonymous Crypto Interests Bombard Key Senator Sherrod Brown With Political Ads

13.12.2023
U.S. Sen. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, is arguably the most important lawmaker currently standing in the way of a crypto regulation bill, and industry interests have paid for a new campaign in his own back yard to nudge him

U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application

13.12.2023
The Commodity Futures Trading Commission granted crypto derivatives company Bitnomial approval to register as a derivatives clearing organization in the U.S., letting it settle margined futures and options contracts

Bitcoin Price Pumps As Dovish Fed Signals Three Rate Cuts in 2024 – Where Next for BTC?

13.12.2023
Source: Adobe The Bitcoin (BTC) price is pumping on Wednesday amid a dovish reaction across traditional asset markets to the US Federal Reserve’s latest policy announcement. BTC was last up 3.2% on the day and trading in the upper $42,000s, with bulls eyeing a near-term retest of yearly highs...

Federal Reserve Holds Policy Steady, but Indicates More Dovish 2024

13.12.2023
The U.S central bank Wednesday left its benchmark fed funds at a range of 5.25%-5.50%

FASB Confirms 'Fair Value' Approach for Corporate Crypto Holdings

13.12.2023
The Financial Accounting Standards Board, a U.S. entity that details how companies should report assets on their balance sheet, published a standards update on Wednesday that will let corporations recognize "fair value" changes in crypto holdings

Tether Scores Second-Lowest Rank in S&P Global Stablecoin Stability Assessment

13.12.2023
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat

Turkey’s Banking Giants Go Big on Crypto as Legislation Looms

13.12.2023
This week, two of the country’s largest banks announced crypto initiatives

Three Arrows Co-Founder Su Zhu Faces Questioning in Singapore Court in Hunt for Assets: Bloomberg

13.12.2023
Zhu is expected to be released from jail this month for good behavior, Bloomberg reported

SEC Hasn't Met Legal Requirements to Sue, Binance Says in Latest Bid to Dismiss Lawsuit

13.12.2023
Binance, Binance.US and Changpeng Zhao argued that the U.S. Securities and Exchange Commission did not meet the requirements of the "Howey Test" in its suit against the two companies and their founder in a new filing Tuesday

U.S. Presidential Candidates Chat About Crypto, Target Federal Regulators

12.12.2023
The three aspiring presidents touched on many of the same pro-crypto points at a Coinbase-linked crypto advocacy event

Binance P2P Trading Platform Halts Ruble Support Following Russia Exit

12.12.2023
Customers are free to withdraw or transfer funds and continue trading with Binance Russia's new owner CommEX, the company said Monday

Q Protocol to Apply International Court of Arbitration Rules to DeFi Disputes in a Sign of Growing Industry Maturity

12.12.2023
Q Protocol, which provides blockchain governance as a service to Web3 and decentralized autonomous organizations, will use the rules laid out by the International Chamber of Commerce (ICC)'s arbitration court to resolve disputes and enforce awards

KuCoin to Pay $22M, Exit New York to Settle State Suit

12.12.2023
The exchange will pay $5.3 million to the attorney general's office and refund New York customers $16.77 million

FTX Disputes IRS's 'Alice in Wonderland' Tax Claim

12.12.2023
The U.S. government's claim for $24 billion in unpaid taxes by FTX has only one source – taking recoveries away from its victims, FTX said in a court filing

Google Updates its Policy for Crypto-Related Products

12.12.2023
Google has introduced an update on its platform that focuses on crypto advertising guidelines to allow promotions of cryptocurrency trust products like spot Bitcoin ETFs (exchange-traded funds) and potentially hasten the growth of these products as well as the entire crypto market. By January...

Bitcoin Price Prediction: Market Reacts to FOMC Meeting, El Salvador Bond & Google’s New Ad Policy

12.12.2023
In the dynamic world of cryptocurrency, Bitcoin (BTC) is experiencing subtle yet noticeable fluctuations, trading at $41,457 with over 0.50% rise as of Tuesday. Market sentiments are heavily influenced by key economic events and policy changes. As the Federal Open Market Committee (FOMC) meeting...