Marinade Finance, a decentralized finance (DeFi) protocol on the Solana blockchain, has reportedly blocked users from the United Kingdom. The issue was discovered by U.K. customers on October 23rd when they tried to access Marinade’s website. The block page displayed a message stating that access to the site is unavailable in the U.K. due to […]
Israel’s “Iron Dome” air defense system has protected the country from air attacks, but recently, Hamas fired over 2,000 rockets into Israel from the Gaza Strip. The financing behind this attack has raised questions, and it has been revealed that terror groups, including Hamas, Palestinian Islamic Jihad (PIJ), and Hezbollah, have received significant cryptocurrency funding. […]
US District Judge Analisa Torres has dismissed the case against Ripple executives Brad Garlinghouse and Chris Larsen, according to an order signed on October 23, 2023. The dismissal order specifically refers to “Institutional Sales” of XRP by the executives, omitting the categories of “Programmatic Sales” and “Other Distributions.” This strategic decision means that while Garlinghouse […]
BlackRock and Fidelity, two major asset managers, have applied for spot Bitcoin exchange-traded funds (ETFs), reflecting the growing interest in these products. SEC Commissioner Hester Peirce, who has been supportive of such investment vehicles since 2018, commented on the increasing interest from firms and investors in Bitcoin ETFs. However, she cautioned against speculating on how […]
The United States Court of Appeal has issued a mandate requiring the Securities and Exchange Commission (SEC) to review Grayscale Investments’ application for a spot Bitcoin exchange-traded fund (ETF). The court’s decision, which was made on August 29, took effect on October 23 after the SEC failed to present an appeal by October 13. This […]
The IRS has proposed new reporting requirements for cryptocurrency users in response to the Infrastructure Investment and Jobs Act. Although the proposal is not as severe as initially feared, it still raises concerns about privacy and financial surveillance. The IRS’s approach focuses on whether businesses have the ability to collect customer information, rather than whether […]
Solana-based decentralized finance (DeFi) protocol Marinade Finance has restricted access for users in the United Kingdom in compliance with new regulations set by the Financial Conduct Authority (FCA). The FCA introduced these regulations earlier in the year to govern the promotion of crypto products in the region. As a result, several crypto companies have either […]
California legislators have proposed a new bill aimed at regulating crypto ATMs in response to growing scams. The bill, titled “Digital financial asset transaction kiosks,” seeks to impose a daily withdrawal limit of $1,000 on crypto ATMs and cap operators’ fees at $5 or 15% (whichever is higher) starting in 2025. The legislation was prompted […]
The European Central Bank (ECB) has announced that it will be moving into the next phase of its digital euro project. This comes after a two-year investigation phase, and the preparation stage is set to begin on November 1 and last for two years. During this phase, the ECB will finalize the digital euro rulebook, […]
The Calgary Police Service has issued a warning to residents about the increasing number of crypto-related scams in the city. According to a report from the police, residents in Calgary have lost over $22.5 million to these scams in 2023, a significant increase from the $14 million recorded in 2022. The police believe that these […]
