Not everyone in the crypto industry is impressed with political points scored by Vice President Kamala Harris over the weekend, sharing skepticism on Twitter after the Democratic nominee was assigned a “B” rating by crypto advocacy group Stand With Crypto. “Delete this,” the noted, pseudonymous NFT collector Cozomo de’ Medici said in response to a Twitter (aka X) post highlighting…
Month: September 2024
BNY nears crypto custody for ETFs after SEC softens SAB 121 stance
Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review. Source: https://cointelegraph.com/news/bny-mellon-bitcoin-ether-custody-sec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
7 More Games to Play If You Like Ethereum Farming Sim ‘Pixels’
Games give us the opportunity to explore massive, detailed worlds and overcome intense challenges. But sometimes, you want something a little bit more relaxed, and the chance to carve out a little spot for yourself that feels like a kind of home—if only until you tap the power button. That’s where the farming and life sim games come in. Pixels…
Argentina Rejects UN Pact for the Future as Milei Breaks With International Agenda
The government of Argentina has refused to endorse the United Nations Pact for the Future, a framework that proposes solutions for “the biggest challenges of our time.” Foreign Minister Diana Mondino stated on Monday before the UN Assembly that these agendas weren’t binding and that Argentina wanted to have “wings to grow in freedom.” Argentina […] Source: https://news.bitcoin.com/argentina-rejects-un-pact-for-the-future-as-milei-breaks-with-international-agenda/
Turkey Postpones Plans to Tax Crypto and Stocks
Turkey recently decided not to move forward with its proposed tax package on profits from stocks and cryptocurrency trading, a move that has brought relief to investors. This decision was confirmed by Vice President Cevdet Yilmaz in an interview with Bloomberg, where he made it clear that taxing stocks and crypto is not currently on the government’s agenda. The news…
DOJ sues Visa over alleged payments monopoly
The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market. Source: https://cointelegraph.com/news/doj-sues-visa-alleged-payments-monopoly?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Chair Gensler Denies Knowledge of Anti-Crypto Operation Choke Point 2.0
In a rare and charged appearance of all five voting members of the U.S. Security and Exchange Commision (SEC) before Congress on Tuesday, Chairman Gary Gensler batted away attack after attack on his crypto regulation record. At one point, Gensler even denied previous knowledge of the term “Operation Choke Point 2.0,” which refers to a popular theory that there is…
A Growing Risk-Off Asset Amid Market Volatility
In recent years, Bitcoin has experienced significant fluctuations, often moving in tandem with risk-on assets like stocks and commodities. However, a new perspective is emerging, particularly from financial experts at BlackRock Inc. (NYSE:BLK), who now see Bitcoin as more of a “risk-off” asset. As global economic conditions fluctuate, Bitcoin’s ability to provide a safe haven during turbulent times is gaining…
MicroStrategy should lend Bitcoin to boost yield — analyst
The proliferation of institutional Bitcoin custodians creates opportunities for MicroStrategy, according to a Benchmark analyst. Source: https://cointelegraph.com/news/microstrategy-lend-bitcoin-boost-yield-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Breaking: Caroline Ellison sentenced to 2 years in prison
The former head of Alameda Research will serve her sentence in a minimum-security prison. Source: https://cointelegraph.com/news/caroline-ellison-sentenced-2-years-prison?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound