Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Court Ruling Forces SEC to Reconsider Grayscale’s Bitcoin ETF Application
Court Ruling Forces SEC to Reconsider Grayscale’s Bitcoin ETF Application
August 29, 2023  |  Bitcoin

Grayscale Investments, a prominent crypto asset manager, has won a court ruling that requires the Securities and Exchange Commission (SEC) to reconsider its application for the...

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Circle and Mercado Pago Partner to Improve Access to USDC
Circle and Mercado Pago Partner to Improve Access to USDC
August 29, 2023  |  Partnerships

Global FinTech firm Circle has partnered with Mercado Pago, the largest FinTech company in Latin America, to enhance efficiency and accessibility to digital dollars in Chile. By granting...

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US Crypto Clampdown Continues as SEC Wins NFT Enforcement
US Crypto Clampdown Continues as SEC Wins NFT Enforcement
August 29, 2023  |  NFTs

The year 2023 will forever be remembered as the year the U.S. Securities and Exchange Commission (SEC) went to war with crypto. Determining who is...

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Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
August 28, 2023  |  Regulation

A new Federal Reserve supervisory letter on the process for state member banks using dollar tokens, such as stablecoins, to facilitate payments has drawn the...

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SEC: Impact Theory Sold $30 Million in Unregistered NFTs
SEC: Impact Theory Sold $30 Million in Unregistered NFTs
August 28, 2023  |  Cryptocurrency

A media company that claimed it wanted to “build the next Disney” is now facing charges from America’s crypto regulator. The Securities and Exchange Commission announced Monday (Aug....

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Bankman-Fried Lawyers Ask Judge for Client’s Temporary Release
Bankman-Fried Lawyers Ask Judge for Client’s Temporary Release
August 28, 2023  |  Legal

Sam Bankman-Fried’s lawyers say their client can’t assist in his defense from behind bars. Attorneys for the FTX founder turned accused cryptocurrency fraudster have asked a judge to...

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Treasury and IRS Propose New Reporting Rules for Digital Asset Sales
Treasury and IRS Propose New Reporting Rules for Digital Asset Sales
August 25, 2023  |  Cryptocurrency

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have proposed regulations that aim to “close the tax gap” in the sale and exchange of digital assets. These...

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Mastercard to Terminate Co-Branded Card Partnership With Binance
Mastercard to Terminate Co-Branded Card Partnership With Binance
August 24, 2023  |  Cryptocurrency

Mastercard will terminate its partnership with cryptocurrency exchange Binance Holdings. This decision will impact all four of Mastercard’s co-branded card programs with Binance, which are in Argentina,...

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Bitstamp Ends U.S. Crypto Staking Due to ‘Regulatory Dynamics’
Bitstamp Ends U.S. Crypto Staking Due to ‘Regulatory Dynamics’
August 24, 2023  |  Cryptocurrency

Bitstamp says the ongoing crackdown on cryptocurrencies has cost its U.S. staking business. Beginning Sept. 25, the Luxembourg-based exchange will no longer offer staking services in...

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