Latest Crypto News
On June 9, Nigeria’s securities authority reportedly labeled the exchange illegal, just days after Binance was sued by the U.S. SEC. (read more)
OECD introduces tax reporting framework for crypto industry
OECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8 (read more)
EU needs further efforts to implement crypto regulations: Btc. x CEO
Christian Anders, CEO of Btc. x, discusses the need for EU lobbying and government cooperation for crypto regulations as he expresses optimism about Bitcoin and highlights the rise of mining with renewable energy. (read more)
New Worldwide Tax Standard Includes Cryptocurrencies and CBDCs - Decrypt
The new set of rules from the OECD also takes aim at reducing tax evasion executed using cryptocurrencies and blockchain technologies. (read more)
‘This Is Not Financial Advice’ Shows Human Side of Crypto, Meme Craze, and Influencers
Screening at the Tribeca Film Festival June 2023, the documentary follows the multi-million dollar rise and fall of crypto-influencer Glauber Contessoto. (read more)
SEC Clampdown Spurs $4B Deposit Flight From Binance, Coinbase and Binance.US
The exchanges, targeted by the SEC for violating federal securities laws, have suffered a significant wave of user withdrawals but managed to process transactions in an orderly fashion so far. (read more)
Binance and Coinbase: Experts Weigh What’s Coming Next
Will the SEC win? Will Binance close in the U.S.? What will Congress do? As the SEC launches wide-ranging suits against crypto’s biggest players, we asked a range of experts to peer into the future. (read more)
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
The SEC filed an official request with the U.S. district court in Washington, D.C. for “alternative service” due to its purported inability to locate Binance CEO Changpeng Zhao. (read more)
Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts
Most of these hacks are the result of sim-swap attacks, with ZachXBT urging people to opt for the use of a security key instead of SMS 2FA. (read more)
Custodia’s Suit Against Fed Over Denial of Master Account Can Proceed, Court Rules
The crypto-friendly bank was also denied immediate membership with the Federal Reserve, with the court saying Custodia could pursue membership through other channels. (read more)
Crypto boosters hope Congress can deliver “total victory” in industry battle with SEC
The industry is now focused on crypto regulatory legislation under consideration in Congress after the SEC unveiled lawsuits against Coinbase and Binance (read more)
Worldcoin may have a biometric data black market problem | Biometric Update
According to Chinese reports, fraudsters have been offering iris scans from KYC merchants in Cambodia and Kenya for less than $30. (read more)
HyperPlay raises $12M in Series A funding round
Griffin Gamer Partners and Bitkraft co-lead investors in a $12 million Series A funding round for MetaMask and Game7’s HyperPlay. (read more)
Judge in FTX bankruptcy rejects media challenge, says customer names can remain secret
A Delaware bankruptcy judge says the names of individual customers of collapsed cryptocurrency exchange FTX Trading can be permanently shielded from public disclosure (read more)
Buterin calls for three Ethereum ‘transitions’: L2 scaling, wallet security, and privacy
Vitalik Buterin, the co-founder of Ethereum, has proposed a roadmap consisting of three transitions: Layer 2 scaling, wallet security enhancement, and privacy measures. (read more)
CFTC Wins Lawsuit Against Ooki DAO
The regulator’s victory serves as proof decentralized entities can face legal consequences for their dealings, contrary to popular beliefs. (read more)
Crypto.com to suspend US institutional exchange
Crypto.com’s decision was made in light of “limited demand” among US institutions because of the “current market landscape.” (read more)
‘Crypto Hunters’ Reality TV Show To Hold Worldwide Casting Call
High-profile investor and philanthropist Hussein Karaki is on the verge of making TV history with a new reality show called ‘Crypto Hunters’. (read more)
Why the UK should capitalise on its competitive advantage in crypto
Neil Foster of Brown Rudnick details the massive opportunity for the whole crypto industry laid out at the UK’s door waiting to be seized. The post Why the UK should capitalise on its competitive advantage in crypto appeared first on CityAM. (read more)
On regulation, the crypto industry has everything backward
In the case of ridesharing, a widely beloved product compelled regulatory change. The crypto industry seems to think the opposite — that regulatory change can compel a great product. (read more)
Latest Crypto News
On June 9, Nigeria’s securities authority reportedly labeled the exchange illegal, just days after Binance was sued by the U.S. SEC. (read more)
OECD unveiled its Crypto-Asset Reporting Framework (CARF) at the end of a two-day ministerial-level meeting of its council held between June 7 and 8 (read more)
Christian Anders, CEO of Btc. x, discusses the need for EU lobbying and government cooperation for crypto regulations as he expresses optimism about Bitcoin and highlights the rise of mining with renewable energy. (read more)
The new set of rules from the OECD also takes aim at reducing tax evasion executed using cryptocurrencies and blockchain technologies. (read more)
‘This Is Not Financial Advice’ Shows Human Side of Crypto, Meme Craze, and Influencers
Screening at the Tribeca Film Festival June 2023, the documentary follows the multi-million dollar rise and fall of crypto-influencer Glauber Contessoto. (read more)
The exchanges, targeted by the SEC for violating federal securities laws, have suffered a significant wave of user withdrawals but managed to process transactions in an orderly fashion so far. (read more)
Will the SEC win? Will Binance close in the U.S.? What will Congress do? As the SEC launches wide-ranging suits against crypto’s biggest players, we asked a range of experts to peer into the future. (read more)