Regulations

According to a newly released report by the ECB, Bitcoin is in the final stages of becoming irrelevant due to its many shortcomings. The report stated that Bitcoin’s value stems from mere speculation, and its recent stability was the…

Lawmakers in Brazil have approved a cryptocurrency framework bill for the use of digital currencies in the Latin American country.Once passed into law, Brazilians can use Bitcoin as a payment method, while digital assets will be…

Russian President Vladimir Putin is reportedly calling for an international payments system based on distributed ledger technology. According to the Russian state-owned news agency TASS, Putin says that a blockchain-based…

Glassnode and CryptoSlate Deep Dive: How a cold winter is impacting Bitcoin miners and why the fear has just begun – Issue 01The current state of Bitcoin Miners is extremely stressful as coin prices declined, and credit has contracted,…

Wallstreet banking giant JP Morgan & Chase believes there are significant changes coming to the crypto industry in 2023 in the form of regulation, which will likely cause a convergence between crypto and the traditional financial…

Belgium’s Financial Services and Markets Authority declared that crypto assets without issuers, like Bitcoin (BTC) and Ethereum (ETH), are not securities.The financial regulator said in a Nov. 24 press statement that it does not concern…

Two US Senators are publicly calling upon the Justice Department to hold disgraced and bankrupt crypto exchange FTX accountable for its massive collapse earlier this month. In a letter addressed to Attorney General Merrick Garland…

New York Attorney General Letitia James is calling for a ban on crypto assets as an investment option for retirement accounts. In a recent letter penned to members of Congress, James details why the practice of allocating…

US President Joe Biden and other heads of states from the Group of 20 (G20) are calling for international regulations on cryptocurrencies. According to a G20 statement issued by the White House, the leaders of the 20 largest…

Macro expert and former Goldman Sachs executive Raoul Pal is expressing bullish sentiment on the digital asset XRP. In a new Ask Me Anything video, Pal says that XRP already has utility and is being used in money transfers.…

Bank of England’s (BoE) Deputy Governor for Financial Stability Jon Cunliffe published a speech on Nov. 21, where he said that the FTX collapse was triggered by an FTX Token run and that the crypto space should be brought under…

The Monetary Authority of Singapore (MAS) said it placed Binance on its Investor Alert List (IAL) and not the bankrupt FTX because the former is actively looking for users in the country, while the latter is not, according to a Nov. 21…

South Korean authorities have reportedly seized over $100 million from Shin Hyun-seong, the co-founder of collapsed stablecoin issuer Terra (LUNA). According to a new report by YTN Korea, a court has frozen the funds of Hyun-seong…

The President of the Federal Reserve Bank of Minneapolis says that the whole notion of digital assets can be discarded following the collapse of prominent crypto exchange platform FTX. Fed President Neel Kashkari says there is…

Ripple Lab’s top lawyer says that the company is essentially operating outside of the US due to the lawsuit by the U.S. Securities and Exchange Commission (SEC). According to a recent report by CNBC, Ripple General Counsel Stuart…

Attorney and Ripple supporter John Deaton is launching a public campaign aimed at convincing lawmakers to probe Securities and Exchange Commission (SEC) chair Gary Gensler and his ties to Sam Bankman-Fried’s FTX. Deaton’s petition…

Ethereum (ETH) staking on-chain data shows that an estimated 78% of all staked ETH is across four centralized providers. Currently, an approximated 8-9 million ETH is staked across the following four providers:Lido – 4.5 Million ETH…

Half a dozen holders of the crypto asset XRP are weighing in on the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs. The six XRP holders say in an amicus brief that if the SEC is successful in…

The head of the U.S. Commodity Futures Trading Commission (CFTC) says financial regulators around the world should coordinate to effectively oversee the crypto industry. In a new interview with CNBC, CFTC Chair Rostin Behnam calls…

The United States House Committee on Financial Services plans to hold a hearing into FTX collapse in December.According to the press statement, the committee would “hear from the companies and individuals involved, including Sam…