New Policy Recommendations Aim To Provide Clarity On Crypto Regulatory Challenges
A leading global standard-setter for securities market regulators, has released its highly anticipated Final Report with Policy Recommendations for Crypto and Digital Asset (CDA) Markets. This development marks a significant step in providing a coordinated global regulatory response to the…
Mastercard’s Crypto Conundrum: CBDCs May Not Be Ready For Prime Time
Ashok Venkateswaran, Mastercard Inc.’s (NYSE: MA) lead for blockchain and digital assets in Asia-Pacific, on Friday asserted the current landscape doesn’t provide sufficient grounds for the widespread adoption of central bank digital currencies (CBDCs), making broad implementation challenging. Speaking at…
Bitcoin Postage: SpeedyPostage now has the lowest rates for Anonymous USPS Bitcoin Postage Shipping Labels!!!
SpeedyPostage introduces groundbreaking Bitcoin Postage services, revolutionizing traditional mail payments by allowing users to purchase and print bitcoin postage labels using Bitcoin. Los Angeles, CA, Nov. 17, 2023 (GLOBE NEWSWIRE) — SpeedyPostage, the forefront leader in cryptocurrency-based postage services, proudly…
How Did A Trio Pull Off A $10M Bank Fraud Using Crypto?
In a major crackdown, the FBI arrested three persons for allegedly orchestrating a complex $10 million bank fraud scheme. U.S. AttorneyDamian Williams and FBI Assistant Director James Smith announced the arrests of the three persons identified as Zhong Shi Gao,…
EXCLUSIVE: Why Traditional Banks Could Play A Major Role In Crypto Mass Adoption
Mina Khattak, senior director crypto and Web3 at Worldpay, recalled at Benzinga’s Future of Digital Assets event how FTX was in her company’s boarding process, but was not approved. That lucky sidestep underscores the importance of implementing extensive checks and…
Amended Spot BTC ETF Filings Have No Impact On Approval Dates, WisdomTree Jumps On Amendment Wagon
With major financial players amending spot Bitcoin ETF proposals, delays are seen as common in the path for approval. What Happened: Global ETF provider WisdomTree amended its spot Bitcoin ETF prospectus with an S-1 form which stated WisdomTree Bitcoin Trust…
Crypto Lobbysists Spent Over $56M On Lobbying In 2023: Did It Make A Difference?
From 2019 through 2023, the cryptocurrency industry in the U.S. invested a total of $56.44 million in lobbying efforts, according to CoinGecko. What Happened: So far this year, the crypto industry’s lobbying spending in the U.S. is about $20.2 million,…
Can Ethereum Shatter the $5,000 Mark? New AI Crypto Targets 30x by 2025
Driven by renewed enthusiasm in the crypto market, experts make bold statements: Ethereum may be able to shatter previous highs, going well above the $5,000 mark, while a new AI crypto could become the lifeline of the Web3 space. Read…
Former Bithumb chairman faces eight-year prison sentence
Lee Jeong-hoon, former Bithumb Chairman, faces an eight-year prison term. Prosecutors assert Lee misled Kim about joint Bithumb management, BXA Coin listing, and restructuring to evade financial regulations. The January 18, 2024, appeal verdict holds industry-wide implications in South Korea….
EXCLUSIVE: Former FTX Exec Brett Harrison Fed Up With ‘Lack Of Crypto Rules,’ Says Bitcoin ETF Event Not Yet ‘Priced In’
Former FTX US president Brett Harrison highlighted the potential approval of Bitcoin ETFs during a private roundtable event at Benzinga’s Future of Digital Assets. What Happened: The price of Bitcoin (CRYPTO: BTC) popped several times based on institutions applying for…