Policy
US House FSC Threatens to Subpoena SEC Over Crypto Regulation, SBF Charges
The SEC has until May 19th to respond to the inquiries or the Committee will schedule a testimony at the earliest possible date.
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Cryptocurrency
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Cryptocurrency
Crypto
Japan to Step Up its Crypto Regulations from June
Japan will implement the travel rule, mandating the sharing of information on crypto transfers between financial institutions.
Market Analysis
PayPal’s Q1 Report Shows It is “Safeguarding” $1B in Crypto
According to a recent filing, PayPal’s cryptocurrency holdings have increased by over $300 million from Q4 2022.
Crypto
$168M Worth of AVAX Tokens to be Unlocked in a Month
K33 researchers have removed Avax from their crypto index due to upcoming inflationary pressure.
FinTech
How VC Funding is Shifting from Crypto to AI
AI has become the latest buzzword in the tech world, largely thanks to the exploding popularity of generative AI chatbots.
Policy
DoJ Indicts DPRK Foreign Trade Bank Representative for Laundering Crypto
The Department of Justice unsealed two indictments against a North Korean national alleging they helped launder stolen cryptocurrency for their government.
Personal Finance
Only 0.53% Crypto Investors Paid Taxes on Digital Asset Investments in 2022
According to a recent study, Oceania has the highest percentage of crypto taxpayers, and Asia has the lowest.
Market Analysis
Ark’s BTC ETF Partner 21Shares Closing 6 Crypto Funds As Interest Wanes
21Shares, the well know issuer of cryptocurrency ETPs, is set to delist six of its products by June.
Market Analysis
Visa’s Head of Crypto Denies Rumors His Company is Cooling on Crypto
Visa’s Cuy Sheffield stated that the earlier report is incorrect and called on more crypto companies to reach out for a partnership.
Crypto
Cross-Border Payment Shortcomings Helped Crypto’s Adoption: FSB
The FSB also said many stablecoins would not meet its upcoming regulatory recommendations.
Market Analysis
Bitcoin Above $19,000 as Crypto Market Cap Nears $1T
Crypto market held onto its gains Friday after rising sharply Thursday following the cooler CPI report.
Crypto
How India’s High Taxes Killed its Crypto Liquidity: $3.8B in Outflows for 2022
India's crypto ecosystem has been crippled under the country's controversial tax rules.
Crypto
14 Years Since its First Block, Bitcoin Remains the Largest Cryptocurrency
Today marks exactly 14 years since the first Bitcoin block was mined by the pseudonymous developer Satoshi Nakamoto.