US House Committee Passes ‘Keep Your Coins Act’ to Protect Right to Self-Custody Crypto
The U.S. House Committee on Financial Services has passed the Keep Your Coins Act of 2023 to protect the self-custody of crypto. “Those attacking self-custody oppose individual freedom. They want…
SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are…
Chainalysis and Deloitte Partner to Strengthen Blockchain Tracking, Compliance Capabilities
The collaboration will leverage Chainalysis' proprietary blockchain dataset and Deloitte's forensic and investigative services.
China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report
BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have…
Court Filing Suggests FTX’s $2 Billion Lawsuit Against Genesis Is Coming To An End
The legal tussle between bankrupt crypto exchange FTX and crypto lender Genesis seems to be coming to a resolution, a recent court filing reveals. According to the letter filed yesterday…
Shibarium Beta Bridge Goes Live for Public Testing as Layer-2 Launch Inches Closer
The launch of the Shibarium blockchain is slated for August.
Decade-Old Wisdom: Unpacking Satoshi Nakamoto’s Definitive Quote on Bitcoin Transaction Challenges, 13 Years On
Thirteen years ago to the day, the enigmatic creator of Bitcoin, Satoshi Nakamoto, pronounced a quote that has since reverberated across various contexts. This prominent aphorism: “If you don’t believe…
Want To Increase Web3 Participation? Japanese Association Tells Authorities To Slash Crypto Taxes
The Japan Blockchain Association (JBA), on July 27, formally submitted a petition to the authorities asking them to review and slash the taxes on crypto assets. According to the JBA,…
Hester Peirce criticizes SEC’s warning to accounting firms working with crypto
SEC Commissioner Hester Peirce says SEC’s warning to accounting firms could discourage “good-faith efforts” towards transparency. Paul Munter, the Chief Accountant at SEC, cautioned that crypto platforms are likely to…
Report: French Privacy Regulator Probes Worldcoin’s Biometric Data Practices
The French oversight agency, National Commission on Informatics and Liberty (CNIL), has raised doubts about the legality of Worldcoin’s biometric data collection methods. Besides questioning the legitimacy of its data…