Cryptocurrency Analysis and News Portal
Ye tweeted the swastika image inside a Star of David, which was later blocked by Twitter and got disapproval from Musk.Ye, formerly known as Kanye West, has violated another rule on Twitter, making Elon Musk suspend his account of millions of followers. According to Musk, the account was suspended because Ye broke
Read More
CFTC Commissioner Kristin Johnson is pushing for her agency to work on policies to further tighten custody of customer assets as the CFTC sanctions another crypto Ponzi scheme. Source
Read More
Wright, the self-proclaimed inventor of Bitcoin, was granted permission to serve papers on Cobra as he sought a declaration of his ownership of the copyright to the Bitcoin white paper. Source
Read More
Officials hope to fend off a rising number of questions about how crypto should be regulated and when they should be treated as securities. Original Source
Read More
The need for comprehensive crypto tax reform will only become clearer as people start interacting with blockchains – and incurring capital gains taxes – without realizing. Source
Read More
Julia Leung, deputy CEO and executive director at Hong Kong’s Securities and Futures Commission (SFC), said that the recent turmoil in crypto markets highlighted not only the volatility and structural vulnerabilities in the industry, but also how it is becoming more connected with traditional financial services. Source
Read More
The feud between the CEOs of crypto exchanges FTX and Binance — Sam Bankman-Fried (SBF) and Changpeng “CZ” Zhao — not only crashed cryptocurrency prices but also reminded regulators to step in and avoid similar fallouts in the future.Ever since CZ publicly announced Binance’s intent to liquidate its FTX Token
Read More
Two U.S. lawmakers have requested answers from the Securities and Exchange Commission (SEC) about its rulemaking process. Their request followed the latest SEC Inspector General report that “raises significant concerns that the agency is trying to enact too many rules, too quickly.” ‘SEC Is Enacting Rules Without Sufficient Feedback’ U.S. Senator Pat
Read More
A United States District Court ruled in favor of the Securities and Exchange Commission (SEC) Nov. 7 in its case against blockchain-based file-sharing and payment network LBRY. The court granted the SEC’s request for a summary judgment filed May 5. The SEC sued developer LBRY, Inc. in March 2021 —
Read More
If the new rule is passed into law without any changes, traditional financial firms would still be able to sign off on their own advertisements, but crypto firms will likely be at the mercy of authorized persons who don’t work for those firms. People who approve promotions will also have
Read More