Author: Tony Pearce
CFTC extends no-action relief to crypto software developers
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has issued no-action relief for software developers that connect users to regulated derivatives markets, subject to certain conditions.
US sanctions Iranian crypto exchange over alleged IRGC transfers
Reading Time: < 1 minuteThe US Treasury Department has sanctioned Iranian crypto exchange BitBank over allegations that it helped transfer hundreds of millions of dollars in Bitcoin to Iran’s Islamic Revolutionary Guard Corps (IRGC).
FCA targets unregistered crypto traders in London
Reading Time: < 1 minuteThe UK Financial Conduct Authority (FCA) has targeted three London premises suspected of operating unregistered peer-to-peer crypto trading businesses.
House panel passes first federal crypto tax framework
Reading Time: < 1 minuteThe House Ways and Means Committee has advanced legislation setting out federal tax rules for digital assets, voting 38-5 in favour of the bill.
BoE official sees stablecoins strengthening dollar demand
Reading Time: < 1 minuteGrowing use of dollar-denominated stablecoins could reinforce the US dollar’s global role and increase demand for US Treasurys, according to Bank of England official Carolyn Wilkins.
CLARITY Act stalls after US Senate vote
Reading Time: < 1 minuteThe US Senate has failed to advance the CLARITY Act after a procedural vote fell short of the threshold needed to move the crypto market structure bill forward.
Strive reaches 25,000 BTC after $36.6 million purchase
Reading Time: < 1 minuteStrive has increased its Bitcoin holdings to 25,000 BTC after buying another 469 BTC for $36.6 million.
Bitcoin accounts for most of $16.6 billion crypto options expiry
Reading Time: < 1 minuteAround $16.6 billion worth of Bitcoin and Ethereum options are scheduled to expire on 25 September, with bullish call positions outnumbering puts for both assets.
South Korea crypto tax petition reaches 50,000 signatures
Reading Time: < 1 minuteA petition calling for South Korea to delay its planned crypto tax by two years has secured the 50,000 signatures required for review by a National Assembly committee.
Revolut customer data exposed in impersonation scam
Reading Time: < 1 minuteRevolut said an unauthorised party obtained sensitive customer information after sending fraudulent requests from a legitimate government email domain.
Senate Republicans revise Clarity Act ahead of vote
Reading Time: < 1 minuteSenate Republicans have released a revised version of the Clarity Act ahead of the bill’s first procedural vote on 15 September.
Senate Republicans release revised Clarity Act ahead of vote
Reading Time: < 1 minuteSenate Republicans have published a revised version of the Clarity Act ahead of the bill’s first procedural vote on 15 September.
Nasdaq invests $100 million in Kraken parent at $21 billion valuation
Reading Time: < 1 minuteNasdaq has invested $100 million in Payward, the parent company of crypto exchange Kraken, as the exchange operator expands its tokenised asset offering.
UK Lords votes for statutory digital asset strategy
Reading Time: < 1 minuteThe House of Lords has backed legislation that would oblige the UK government to draw up a dedicated strategy for digital assets, against the position of Labour ministers.
Bitcoin ETFs Face Record $4.5 Billion Outflows in June
Reading Time: < 1 minuteUS spot Bitcoin ETFs saw record $4.5 billion outflows in June, signaling a major shift in investor sentiment for digital assets.
Bitcoin Eyes Rally Amid Nasdaq Correction Fears, Targets $92,630
Reading Time: 2 minutesAs Nasdaq fears grow, Bitcoin defends key support and targets a significant rally to $92,630, showcasing potential market decoupling.
Political Divide Emerges Over Crypto Trust Charters at Congressional Hearing
Reading Time: 2 minutesCongressional hearing reveals a partisan split on crypto trust charters as regulators face scrutiny over influence and issuance.
Bitcoin Tumbles 21% Amid MicroStrategy’s Debt Buyback and Buying Pause
Reading Time: 2 minutesBitcoin plummets 21% as MicroStrategy’s debt buyback and buying pause ignite investor fears of liquidity issues and market instability.
Wyoming Governor Signs Executive Order to Spur AI Data Center Development
Reading Time: 2 minutesWyoming’s Governor signs an executive order to attract AI data centers, positioning the state for tech investment and economic growth.
Crypto PACs Reshape US Primaries with Strategic Ad Buys
Reading Time: < 1 minuteCrypto PACs are strategically investing millions in ad buys, successfully influencing US primary elections and reshaping the political landscape.
Crypto Market Plunges: $176 Billion Vaporized as Bears Reassert Control
Reading Time: 2 minutesDiscover why the crypto market lost $176 billion as Bitcoin crashed and bears took control, impacting altcoins and shifting investor focus.
Coinbase Invests in ProShares ETF Amid Stablecoin Yield Debate
Reading Time: 2 minutesCoinbase’s investment in a ProShares ETF signals strategic positioning amidst the ongoing stablecoin yield debate and evolving crypto regulations.
Dogecoin Gains Institutional Backing Through Paxos Partnership
Reading Time: 2 minutesDogecoin secures institutional adoption via Paxos partnership, offering a compliant pathway for fintechs to integrate DOGE and re-energize interest.
Bitcoin’s Muted Volatility Signals Major Price Move Ahead
Reading Time: 2 minutesBitcoin (BTC) has recently experienced a significant 56% decline in its volatility, coinciding with an extended 114-day trading range. This prolonged period of stability, observed across global crypto markets, is […]
Ripple CEO Cautions on CLARITY Act Progress Despite Stablecoin Compromise
Reading Time: 2 minutesRipple CEO Brad Garlinghouse cautioned attendees at a crypto conference on Tuesday that the CLARITY Act, a significant market structure bill, is not yet a “done deal,” despite a recent […]

























