Worldcoin WLD token jumps nearly 5% despite Kenyan government suspension
The Kenyan Government has suspended the activity of Worldcoin, the recently launched digital identity crypto project, according to an Aug. 2 statement shared by...
SEC outlines unregistered crypto asset securities charges
The Securities and Exchange Commission (SEC) has detailed charges against an individual and three unincorporated entities for allegedly conducting unregistered offerings of crypto asset...
Ethereum’s Legal Status in Question After Court Ruling; SEC’s Silence Rings Loud
In a pivotal chapter of cryptocurrency, a recent court ruling has ignited fervent discussions regarding the legal classification of Ethereum (ETH) and Ethereum...
MoonPay CEO was responsible for $500K donation to Miami mayor’s super PAC
Miami mayor Francis Suarez’s presidential campaign received a donation from the CEO of the crypto firm MoonPay, the Miami Herald reported on Aug. 1.
That...
GameStop will stop support for its crypto wallets, citing ‘regulatory uncertainty’
Gaming retail company GameStop has announced it will remove its digital wallets from the market starting in November, citing “regulatory uncertainty of the crypto...
Dubai expands crypto licenses, granting approval to Nomura
Dubai has granted a coveted full crypto license to a subsidiary of Japanese financial giant Nomura Holdings Inc., according to BNN Bloomberg.
This license represents...
IRS clarifies rules on crypto staking rewards
The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards.
The new directives stipulate that taxpayers who...
Crypto’s Regulatory Winter Gives Way To Bipartisan Spring
Patrick McHenry rallied bipartisan support to pass a comprehensive for digital assets—a sign that crypto's regulatory winter may be starting to thaw.Getty Images
“In...
Coinbase distances itself from CEO Brian Armstrong’s comments on SEC investigation
Coinbase has publicly distanced itself from statements made by CEO, Brian Armstrong, which suggested that the U.S. Securities and Exchange Commission (SEC) had requested...
