Leading Democrat Lawmaker Maxine Waters Admits Readiness for Stablecoin Bill
A leading democrat disclosed that the US is set to have a stablecoin law later this year as the lawmakers edge closer to tabling the...
IRS Proposal for Tax Form Raising Concerns, Threatens to Erode Pseudonymity in Crypto
The US Internal Revenue Service (IRS) draft form states that the agency mandates self-custodial wallet addresses when decentralized finance (DeFi) users file taxes. The draft...
Binance Faces Class-Action Suit in Canada Alleging Securities Law Violations
Crypto exchange Binance is yet off the legal issues hook with a new class-action lawsuit filed on April 19 in Canada. The charges leveled against...
BlackRock’s IBIT ETF Cuts Grayscale’s GBTC Lead to $2.3 Billion
Bloomberg Intelligence analyst is projecting BlackRock's spot Bitcoin ETF (IBIT) to flip Grayscale's lead post the halving. The ETF analyst Eric Balchunas indicated on X...
US Tops UK and Germany in Bitcoin Holdings — Arkham Reports
Crypto intelligence firm Arkham's recent data on states holding Bitcoin (BTC) ranked the US government top ahead of the UK and Germany. Arkham's intelligence showed...
EU Watchdog Says Top Crypto Exchanges Control 90% of Trading Volume
The regulators in the EU have recently raised concerns about the monopolies forming in crypto trading services providers. The regulatory watchdog noticed that Binance accounts...
US Treasury Proposes Regulations to Address Crypto Crimes
Deputy Treasury Secretary Adewale Adeyemo recently issued a statement on the matter of illegal activities taking place in the crypto sector. Adeyemo informed the Senate...
Santiment Predicts Bitcoin ETF Activity to Last Until Halving
Blockchain data firm Santiment predicts that the Bitcoin exchange-traded funds (ETFs) will sustain the elevated activity till the halving event. The firm considers the robust...
Ripple Taps Ethereum and XRP Ledger to Unveil USD-Backed Stablecoin
Crypto payments firm Ripple is readying to unveil its dollar-pegged stablecoin in 2024. The San Francisco-headquartered fintech firm revealed on Thursday, April 4, plans to...
Coinbase Optimistic of Crypto Market Setup for 2024’s Second Quarter
The US largest crypto exchange by trading volume is optimistic of standout performance in 2024's second quarter. The report acknowledges that Bitcoin halving is the...