Ripple and SEC may agree before Dec 2022: US attorney
The Securities and Exchange Commission and Ripple may reach a settlement between now and the end of November, according to attorney Hogan. Partner at Hogan & Hogan law firm Jeremy Hogan says there’s a chance that the continuing legal dispute between Ripple and the Securities and Exchange Commission can be resolved soon (SEC). In response […]
Chris Burniske Ark Invest’s Ex-Crypto Lead Predicts Market
Ark Invest’s former crypto leader Chris Burniske, detailed his own scenario in which the cryptocurrency market will Ark Invest’s ultimately experience a turnaround surge. Nonetheless, the analyst does not anticipate conditions to be as dire as they were in 2008. In his most recent tweet, Burniske informed his audience that the market requires one more […]
Australian Treasury solicits feedback on Bitcoin tax exclusion
The general public gets 25 days to voice their thoughts on the suggested legislation by the Australian Treasury ministerial department. Australian Treasury ministerial department came out to the public for feedback on proposed legislation that, if implemented, would exempt cryptocurrencies from being taxed as a foreign currency. Assistant Treasurer Stephen Jones underlined the Australian government’s […]
Elon Musk complains about Binance bots
Elon Musk, CEO of Tesla , recently tweeted his frustration that most of his comments are made by cryptocurrency bots. He included a screenshot that purportedly shows many accounts pretending to be Binance’s CEO Changpeng Zhao. As a response to Musk’s criticism, the actual CZ quipped that only his tweet counts. The billionaire’s tweet is […]
IMF: Crypto assets no longer niche, regulators must keep up
Better crypto regulation is mostly driven by recent failures of cryptocurrency issuers, exchanges, and hedge funds. According to the International Monetary Fund, over the past few years, crypto assets have transitioned from being “niche products” to more widely used assets, necessitating the need for more thorough regulation of the industry (IMF). IMF officials underlined that […]