News
Grayscale staked $150 million in Ether after launching the first US crypto ETPs offering staking rewards, ahead of key SEC altcoin ETP deadlines this month.
2317
Bitcoin Regulations News
Bitcoin (BTC) was invented to challenge the hegemonic order of global finance, so naturally it has had a tense relationship with regulators since its early days. The technical and social roots of cryptocurrency largely stem from communities with a deep distrust of the state. From its design to its driving narratives, Bitcoin is a dissident technology.
However, due largely to founder anonymity, decentralized development and distributed architecture, Bitcoin has persisted despite early attempts by regulators to suppress the technology.
Nowadays, the legality of Bitcoin is not as ambiguous, and ongoing regulatory efforts are trying to situate it within finance rather than keep it out — from consumer protection and tax regulation to launching institutional investment vehicles such as exchange-traded funds (ETFs).
The challenge and concern around Bitcoin regulation is how patchwork legislation across jurisdictions may hinder the growth and maturation of the crypto economy that is intended to be a borderless, open financial system.
- News
Amid growing demand for safe-haven assets due to a US government shutdown, stimulus checks may bring an “additional liquidity catalyst,” market analysts told Coinpectra.
657 - News
Crypto-friendly US Senator Cynthia Lummis said fundraising for a Strategic Bitcoin Reserve is mainly being held back by legislative “slog.”
3862 - News
Grayscale became the first US crypto fund issuer to feature staking for its Ethereum and Solana exchange-traded products.
3386 - News
Japan’s new prime minister may drive a renewed wave of risk appetite among Japanese crypto investors, industry watchers told Coinpectra.
2262 - News
Bitcoin ETFs are the market’s “clearest sentiment barometer,” indicating an incoming breakout for “Uptober,” analysts told Coinpectra.
29794 - News
Vietnam is one of the leading countries for crypto adoption in the Asia-Pacific (APAC) region and ranks number four globally, according to Chainalysis.
7002 - News
Wall Street capital is flowing into late-stage, IPO-ready crypto firms, signaling new dynamics at play for the incoming altcoin season.
4911 - News
The legislative proposal introduces a tiered tax system for energy used by crypto miners in New York, charged by kilowatt-hour used.
3283 - Market Analysis
Traders and data suggest that Bitcoin may benefit from the US government shutdown, but how long will the gains last?
5904 - News
The regulator stated that farmland must be used only for agricultural purposes to qualify for government services, subsidies, and utilities.
4443 - News
With about two weeks to go until Superintendent Adrienne Harris is expected to leave the NYDFS, she announced a two-year update to guidance for New York crypto users.
2963 - News
A new bill in Wisconsin could exempt local crypto users and businesses from money transmitter licenses, boosting mining, staking, and blockchain development.
6251 - Market Analysis
Bitcoin opened the week with a strong rally above $114,000, and these three developments could send BTC price back to its monthly range highs
6157 - News
Creating a national Bitcoin reserve could prove disastrous for markets, as it would signal an immediate shift in the global financial order.
9359