Cryptocurrency Analysis and News Portal
United States Treasury Secretary Janet Yellen stressed the importance of implementing a strong regulatory framework for cryptocurrencies during a G20 meeting on Feb. 25. Speaking to Reuters, Yellen said that it was "critical to put in place a strong regulatory framework." She also noted that the United States is not suggesting
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NBA Top Shot Moments nonfungible tokens (NFTs) may be considered a security, as it meets the requirements under the United States security laws, according to court filings on Feb 22. The decision comes as federal judge Victor Marreo denied a motion from Dapper Labs CEO Roham Gharegozlou to dismiss a class
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The crypto exchange has been investigated by a host of U.S. regulators and government agencies. Source
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The Blockchain Association Chief Policy Officer Jake Chervinsky said the U.S. Congress will ultimately set the laws in the country to govern the cryptocurrency industry and not the Securities and Exchange Commission, which this month launched a flurry of enforcement actions against digital asset companies. The SEC and other regulatory
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Truckers, whose work is essential to the world’s supply chain, are struggling to get compensated due to a lack of fast and seamless payment systems. A blockchain tech start-up claims to have the solution. Trucks move over 70% of America’s goods producing about US$875.5 billion in gross freight revenues annually according
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By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin is currently testing $21,500, a key support level, whilst US regulators hone in on crypto
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United States authorities appear to be resurrecting past techniques to crack down on crypto firms and banks offering services to the industry, several sources told Cryptox.The alleged strategy consists of isolating the traditional financial system from the crypto market by relying on “multiple agencies to discourage banks from dealing with
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Decentralized finance (DeFi) protocols like Flux rely on smart contracts instead of middlemen to provide financial services, such as lending and borrowing, to users. On the other hand, yield farming refers to users getting rewarded with a project's tokens for providing liquidity to that project. Source
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The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021. Source
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Scott, the top Republican on the Senate Banking Committee, will release his priorities for a bipartisan regulatory framework for cryptocurrency on Thursday, according to Politico. Source
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