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Crypto News
The U.S. Business Community Attacks the SEC for Their “Haphazard” Regulatory Approach
Coinbase has gained support from the world's biggest business group in its battle against the SEC.
The U.S. Chamber of Commerce submitted an amicus brief in support of Coinbase with the…
Bored Ape NFT purchased for $90,000 by New Yuga Labs CEO Daniel Alegre
The CEO of Yuga Labs has bought NFT 3575 from the Bored Ape Yacht Club. Alegre paid $90,000 (50 ETH) for Bored Ape number one on the Blur NFT exchange.
Yuga Labs, the company responsible…
Leader of the BRICS States Announces Upcoming Discussions on New Global Currency
The foreign minister of South Africa has said that the BRICS countries would investigate whether or not adopting a new global currency will enable them to break their reliance on the US…
The US Securities and Exchange Commission Cannot Be Trusted to Oversee Crypto Trading
When applied to the dynamic crypto market, the SEC's standard method of regulation falls short.
A new asset class, cryptocurrencies has emerged with the advent of digital banking, posing…
The United Kingdom’s Tax Department Aims to Confiscate Cryptocurrency
Proposals to provide the tax authorities the ability to confiscate crypto assets from tax-evading corporations are now being considered by the UK government.
Businesses in the UK that…
SEC defense will cost Ripple $200 million, according to CEO Brad Garlinghouse
The CEO of Ripple has spoken out about the SEC case, revealing that the company has spent $200 million defending itself, and has lamented the politicization of crypto legislation in the…
U.S. Banking Crisis Is Worse Than 2008 Financial Crisis, Says Economist Peter St. Onge
It's not finished yet, but according to economist Peter St. Onge, the present financial crisis is worse than the instability of around 15 years ago.
St. Onge claims in a new video that…
The United States will prohibit short-selling, JP Morgan Says
Analysts at JP Morgan predicted that short sellers could be temporarily restricted. Concerned American financiers have sent letters to the SEC.
Industry participants contend that short…
Argentina Captures Trader Responsible for $12 Million in Crypto Laundering
The illegal use of cryptocurrencies has recently flourished in Argentina. It is claimed that he used cryptocurrency to launder millions of dollars for organized crime groups.
The culprit…
Stripe’s new fiat-to-crypto onramp is an attempt to solve the “cold start problem”
With Stripe's hosted fiat-to-crypto onramp, Web3 businesses can offer clients the option to acquire cryptocurrency "exactly when they need it."
According to a statement released on May…
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