Court Orders Kraken to Comply with IRS Demands and Disclose User Data
Court directs Kraken to offer details of persons involved in transactions surpassing the $20000 cap in the calendar year. Kraken, a crypto exchange, has been...
Hong Kong Establishes Task Force to Promote Web3 Development
The local government of Hong Kong made a formal announcement on Friday about the formation of a task force. The main objective of the new...
Crypto Exchange Bittrex Files a Motion to Dismiss SEC Lawsuit
Bittrex Exchange is one of the cryptocurrency exchanges that are currently facing a lawsuit from the SEC. The regulatory agency has sued crypto trading platforms...
Gemini’s Winklevoss Criticizes SEC for Plunging US into ‘Toxic’ Crypto Products
Cameron Winklevoss decries the failure of the Securities and Exchange Commission to accept a spot Bitcoin ETF as a total disaster for investors in the...
FED Governor Declares Digital Assets Uncertainty Plunges Institutions into Supervisory Void Trap
Michelle Bowman, Fed Governor, claims the absence of clarity concerning digital assets might considerably impact banks navigating significant interest rates. She is a Board of...
EU Artificial Intelligence Rules Inspired 160 Tech Executives to Pen Letter Citing Extreme Strictness
The European Union (EU) is working on its upcoming artificial intelligence bill. At the same time, officials from 160 organizations in this industry wrote a...
South Korea Makes Significant Legislative Changes to Curb Illegal Crypto Trading Activities
The government of South Korea is bringing new regulatory implications to the crypto sector. As per the latest regulatory changes, the Bank of Korea or...
Bitcoin Cash Bullish Steam Rally to $300 Aided by Surging South Korean Volumes
The ongoing speculation of Bitcoin ETF approval amidst the tide of new applications led the remarkable price action of Bitcoin Cash to slide the crypto...
Swan and Coinbits Lead Crypto Firms Severe Prime Trust Ties
Prime Trust troubles mount as more crypto firms terminate ties, citing the need to safeguard customers' assets. The custodian has seen more firms disclose rescinding...
MicroStrategy Purchases Additional 12,333 Bitcoins for $347 Million
Under the supervision of its last CEO Michael Saylor, MicroStrategy purchased around 141,000 Bitcoins. However, the business intelligence firm has recently decided to acquire an...