For the first time, we are seeing a single US state (in this case New Jersey) pursue NFT-specific regulation in what is sure to be a tumultuous situation. A state billtitled the ‘Digital Assets and Blockchain Technology Act,’ has already…
Key Street Shops FTX creditor refunds will begin within 60 days of January 3, 2025. BitGo and Kraken were appointed as distribution managers, requiring creditors to use the FTX Customer Portal for Debtors for KYC and tax submissions. After a…
TLDR Coinbase granted an interlocutory appeal by Judge Failla in the SEC case The appellant will contest the SEC’s claims at the Second Circuit Court of Appeals The Judge stayed the district court litigation pending the appeal An appeal raises…
Over the past year, the price of bitcoin has declined by about 60% from its all-time high. This dampened the excitement surrounding the alpha base, but not completely. There are still many who have faith in the future of cryptocurrency.…
Key Street Shops Pierre Poilievre opposes central bank digital currencies and supports Bitcoin and other digital assets. Poilievre advocates favorable regulations for blockchain companies and sees crypto as a hedge against economic instability. Pierre Poilievre, the leader of the Conservative…
With the Markets in Crypto Assets (MiCA) Regulation coming into full effect in the EU, the future of USDT, Tether’s main stablecoin, faces increased uncertainty. To date, the company has not yet received the necessary authorization to operate legally in…
The European Union (EU) is making significant progress in reforming its banking regulations, with a particular focus on bitcoin (BTC) and cryptocurrencies. The EU is now mandating banks to publicly disclose their holdings of crypto assets. This measure aims to…
Key Street Shops Nasdaq ISE plans to increase IBIT options position and exercise limits by tenfold. The proposed change is driven by increased trading volumes and liquidity in IBIT. Nasdaq ISE, LLC (ISE), the Nasdaq-owned options exchange, recently submitted a…
TLDR Attorney John Deaton predicts that Ripple may launch an IPO by late 2025/early 2026, pending the confirmation of Paul Atkins as SEC Chairman The SEC must file an appeal brief by January 15, but Deaton believes the SEC will…
In order to address growing concerns about money laundering and terrorist financing related to cryptocurrencies, the Peruvian Presidency has issued a new decree. The decree mandates that all cryptocurrency exchanges operating within the country must comply with anti-money laundering (AML)…
