Nebraska signs law to authorize state-chartered banks to custody crypto
The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood.
The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood.
GameStop has quietly unveiled a new web portal for a non-fungible token (NFT) platform.
In a press statement, the firm said the move aims to leverage the rising crypto popularity alongside new millionaires produced by the digital currency sector. Algocap notes that these factors have contributed to the high demand for tokenizing real estate.
Russian private equity fund Da Vinci Capital is suing messaging app Telegram for issues related to refund of investments in the Telegram Open Network (TON). The case will be heard in London.
Jamie Dimon, the CEO and Chairman of JP Morgan, has urged for formal regulatory measures for cryptocurrencies. He also suggested that crypto could hit a $5 trillion market cap in the future.
The U.S. Office of the Comptroller of the Currency (OCC) is warning consumers that internet scammers have taken up the agency’s name to send out fraudulent emails requesting Bitcoin wallet keys from various individuals.
The ‘Ripple v. SEC’ lawsuit, to a certain extent, has been fueling volatility in the already erratic XRP market. In fact, there have been varied predictions about the positive and the negative impact the outcome of the lawsuit could bring. However, the most impacted by the result will likely be XRP holders.
PwC, the accounting, financial advisory and tax consultancy, and Elwood Asset Management have published their third annual report that examines the global crypto hedge fund landscape. The report is based on data from research in the first quarter of 2021 on crypto hedge funds. The report was also created in partnership with the Alternative Investment Management Association (AIMA) and provides insights into how traditional hedge funds are looking at cryptocurrency.
With news of further crypto crackdowns, it must be remembered just how necessary crypto is in some people’s lives.
For crypto investors who have been in the market a while, volatility is not a bug – it’s a feature.
Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), recently highlighted the importance of requiring federal regulators to be ready to protect customers against bad actors in the cryptocurrency industry.
Australia’s finance minister Jane Hume has outlined the government’s stance on cryptocurrencies, stating in a speech that cryptocurrencies are here to stay.
The United States Office of the Comptroller of Currency will analyze its crypto guidelines, which the former administration proposed last year.
In May 2020, the bank stated that Bitcoin is “not an asset class” or “a suitable investment”—but a lot has changed since that time.
Bitcoin miners in North America are teaming up with oil drillers to utilize excess natural gas and mine the leading crypto asset.
After being asked what he thinks about people who are angry at him because of his cryptocurrency tweets, the Tesla CEO claims that the “true battle” is between fiat and crypto, rejecting tribalism within the community. Musk himself says that he prefers the latter.
Some top metal and mining companies have come together to trace cobalt used in electric cars with the help of blockchain technology.
The U.S. Department of The Treasury filed an official report proposing tax compliance measures for U.S. registered businesses to report transfers worth over $10,000 to the Internal Revenue Service.