CFTC Introduces New bill to Regulate Cryptocurrencies
A widely anticipated Senate plan to put the unregulated cryptocurrency market under government control would benefit the industry by elevating the Commodity Futures Trading Commission...
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Citadel and VIRT.O May Be Collaborating on an “Ecosystem” That Will Allow Retail Brokerages to Offer Crypto Executions
Citadel Securities and Virtu Financial Inc (VIRT.O), two trading companies, are working together on a cryptocurrency trading “eco-system” that will allow retail brokerages to offer...
PayPal to Allow Crypto Transfers Between Wallets and Exchanges
by Jai Hamid
Users of PayPal who have Bitcoin and Ethereum on the site may now withdraw them to external wallets. This enables PayPal purchasers to finally self-store...
Checkout.com Becomes the First PSP to Offer 24/7 Stablecoin Settlement
Checkout.com, a global payment processor, has introduced a new stablecoin settlement system that will allow merchants to receive crypto payments from their customers in real-time,...
New York Bill Limits Crypto Miners’ Fossil Fuel Use
by Jai Hamid
By signing a two-year prohibition on the use of fossil-fuel power plants to produce electricity for cryptocurrency mining, the New York State Legislature has made...
The SEC Investigates Binance and the Market Suffers a Hit Again
by Jai Hamid
Bloomberg reported on Monday that the United States Securities and Exchange Commission is examining whether Binance Holdings violated securities laws when it released its BNB...
The Ethiopian National Bank Issues a Warning Against Digital Currency Transactions
While other nations, such as the Central African Republic, have accepted bitcoin as legal tender, Ethiopia’s National Bank has stated in a statement released on...
Australian Gold Coast Mayor Suggests Using Cryptocurrencies for Tax Payments
Mayor Tom Tate of the Gold Coast, Australia, has suggested that in the future, people could use cryptocurrencies to pay local taxes, but critics have...
FTC: $1 billion in Crypto Defrauded Since 2021
by Jai Hamid
According to the Federal Trade Commission (FTC), over 46,000 victims have lost over $1 billion in crypto-related frauds since the beginning of the year....
The New York Senate Passes a Bill to Ban Bitcoin Mining
During an early morning session of the state senate on Friday, New York lawmakers passed a bill banning some types of cryptocurrency mining that use...