SEC Advisory Group Backs Gensler’s Crypto Efforts But Asks for Industry Guidance
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Read MoreWarren Buffett Calls Bitcoin a ‘Gambling Token’
Berkshire Hathaway’s chairman and CEO said bitcoin “doesn’t have any intrinsic value … but that doesn’t stop people from wanting to play the roulette wheel.”
Read MoreTron’s TRX Drops 6% as Binance.US Delists the Token
Binance.US says a variety of factors can lead to de-listing, including regulatory standing in the U.S. and unethical behavior.
Read MoreHong Kong Regulator Says DeFi Projects Could Face Regulatory Requirements
If DeFi activity falls within the scope of the Securities and Futures Ordinance, it will be subject to the same regulatory requirements as traditional financial activity, says SFC official.
Read MoreBitcoin Slips Under $30K, Ether Staking Tokens Take a Beating Ahead of Shapella Upgrade
Traders are likely taking profits ahead of Wednesday’s CPI report and Ethereum’s Shapella upgrade.
Read MoreG-7 Will Focus on Helping Developing Nations Introduce CBDCs
The Group of Seven (G-7) advanced nations will prioritize considering how it can better help developing countries introduce their central bank digital currencies (CBDCs).
Read MoreEthereum’s Shanghai Upgrade Only a Small Step Forward: Bank of America
The blockchain’s likely inability to increase throughput in the short term and increasing competition from alternative networks will constrain its adoption and usage, the report said.
Read MoreFTX Will Receive All of Ren Protocol’s Pegged Assets, Including Bitcoin and Dogecoin
FTX’s sister company Alameda Research had previously acquired Ren to provide long-term funding before shutting down.
Read MoreEU-Funded Report Calls for Crypto ID Checks, Police Training to Combat Darknet Markets
Law enforcement can learn how to track illicit activity, but outright crypto bans aren’t effective, a report commissioned by the EU’s monitoring body for drugs concluded.
Read MoreU.S. Banking Crisis May be Vindication for Crypto Ecosystem: JPMorgan
Bitcoin rallied in tandem with gold as they are both viewed as hedges to a catastrophic scenario, the report said.
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