Florida Gov. Ron DeSantis cancelled a campaign event in which he was reportedly planning to announce the acceptance of cryptocurrency contributions toward his 2024 presidential run. The cancellation was due to the approach of Hurricane Idalia, which hit Florida’s coastline on Aug. 30.DeSantis has taken certain positions relevant to digital asset users. In July, he […]
Regulators are still trying to figure out how to regulate the crypto industry, but recent judicial rulings have been promising. Bill Morgan, an attorney representing Ripple in its legal battle with the SEC, has commented on the changing interpretation of digital assets and the divergence from the SEC’s traditionally stringent perspective.Judge Katherine Polk Failla recently […]
Stellar has emerged as a strong contender in tokenized treasuries, outperforming Ethereum and Polygon. Its achievement of tokenizing assets worth over $300 million showcases its robust infrastructure and ability to convert real-world assets into digital tokens seamlessly. Strategic partnerships with renowned financial institutions, such as Franklin Templeton and WisdomTree, have propelled Stellar to a vantage […]
Binance Japan, a subsidiary of the world’s largest crypto exchange, Binance, has announced plans to increase the number of cryptocurrencies listed on its platform to 100. The exchange is also collaborating with local cryptocurrency exchanges to provide better liquidity to its users. Binance Japan previously offered access to 34 tokens for spot trading.The exchange is […]
Experts predict that the United States could see its first spot Bitcoin ETF by the end of 2023. Two Bloomberg exchange-traded fund (ETF) analysts, Eric Balchunas and James Seyffart, have upped their prediction to a 75% chance of a spot Bitcoin ETF launch in the US.The positive sentiment comes after Grayscale scored a major victory […]
Elon Musk’s social media platform, formerly known as Twitter, has obtained payments licenses from several U.S. states in recent months. This includes a currency transmitter license in Rhode Island, which is essential for offering crypto services. Musk has hinted at supporting crypto on the platform, and the licenses allow for broader payments services to be […]
PayPal, the world’s largest online payment company, has partnered with Coinbase, a prominent cryptocurrency exchange, to make purchasing cryptocurrencies easier for crypto enthusiasts in Germany and the UK. This collaboration seeks to simplify the process of buying cryptocurrencies, as conventional banking techniques, such as wire transfers, can cause delays.Coinbase users can now purchase cryptocurrencies using […]
Swift, a bank messaging network, recently released a report that explores how it can connect with blockchains and solve the issue of interoperability between different blockchain networks. The report, titled “Connecting blockchains: Overcoming fragmentation in tokenised assets,” concluded that a more incremental approach that interlinks existing systems to blockchains is “more plausible” for market development […]
The US Court of Appeals has unanimously ruled that the US Securities and Exchange Commission (SEC) has violated the Administrative Procedure Act (APA) by denying Grayscale Investment’s request to transform its Bitcoin Investment Trust (GBTC) into a Bitcoin Exchange Traded Fund (ETF). This is a major victory for the crypto industry, and markets have reacted […]
The recent court win of Grayscale against the United States Securities and Exchange Commission (SEC) has had a positive effect on the entire cryptocurrency market. Bitcoin, in particular, saw its price reach $28,000 for the first time since mid-August. According to the crypto analytics platform Santiment, its trading volume has also surged to a two-week-high […]
