Uzbekistan’s Islamic Authority Retracts Fatwa Against Cryptocurrency, Issues Apology
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Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto

Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and the introduction of bitcoin spot exchange-traded funds (ETFs). “The momentum continues to be very strong, which is a very encouraging sign for us … Other […] Source: https://news.bitcoin.com/binance-ceo-sees-2024-as-a-landmark-year-for-crypto/

Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court
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Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court

The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that cryptocurrency is not considered money under the Prize Chits and Money Circulation Schemes (Banning) Act or a deposit under […] Source: https://news.bitcoin.com/landmark-ruling-crypto-dealings-not-illegal-in-india-says-high-court/

Uzbekistan’s Islamic Authority Retracts Fatwa Against Cryptocurrency, Issues Apology
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Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds

The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin escrow transaction. In 2019, McDonald acted as a fiduciary for a client involved in a Bitcoin deal that failed to deliver the promised cryptocurrency. Despite […] Source: https://news.bitcoin.com/attorney-disbarred-after-misappropriating-4-million-in-bitcoin-funds/

Tesla is Tops In ‘Real-World AI’, Elon Musk Declares
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Tesla is Tops In ‘Real-World AI’, Elon Musk Declares

Tesla CEO Elon Musk bragged about his company’s internal advancements in AI, including hardware and chip design, saying he’d choose the company’s in-house work over any alternative. “There’s actually is not a chip from Nvidia—or from any company—that we would prefer to put in our car that is better than what we have in the car,” he said. “We started…

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US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions
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US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions

U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian entities and requires U.S. taxpayers to report crypto transactions offshore exceeding $10,000 to the Financial Crimes Enforcement Network (FinCEN). New Amendment Seeks to […] Source: https://news.bitcoin.com/us-lawmaker-proposes-stricter-digital-asset-regulations-to-enforce-russian-sanctions/