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 […]
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 […]
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 […]
Mining CEO: Ethereum merge will overpower rival coins
In a race to the bottom for profits, the Ethereum Merge may compel many crypto miners to give up and sell their pricey mining equipment. The impending Ethereum Merge, according to Andy Long, CEO of Bitcoin miner White Rock, would push PoW miners to seek out “greener pastures” on other PoW blockchains and “swamp” other […]
ENS domain tops Bored Ape on OpenSea’s weekly chart
Ethereum Name Service (ENS) domain has topped OpenSea’s seven-day trade volume chart ahead of the forthcoming Merge. Over the past seven days, the most traded asset on NFT marketplace OpenSea has been Ethereum Name Service (ENS) domain names, apparently ahead of the Ethereum Merge. OpenSea records show that at the time of writing, the weekly […]