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Crypto proponents on X wasted no time pointing out the hypocrisy of JPMorgan CEO Jamie Dimon’s recent remarks about Bitcoin and crypto to the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

Crypto is for criminals? JPMorgan has been fined $39B and has its own token

JPMorgan CEO Jamie Dimon is being hauled over the hot coals by the crypto community on X (formerly Twitter) after claiming Bitcoin BTC

9 months ago

Bitcoin does the complete opposite of what the EU's central bank warned about in late 2022.

Bitcoin is up 170% since the ECB called its 'last gasp' at $16.4K

Bitcoin BTC $43,770 has gained almost 170% since the European Central Bank (ECB) warned of its impending “irrelevance.” As noted by crypto proponen...

9 months ago

Japan is set to introduce a new taxation regime for companies that hold cryptocurrencies on their balance sheets for a long-term.

Japan mulls new crypto taxation regime for corporate crypto holdings

Japan‘s policymakers in the Liberal Democratic Party and ruling coalition partner Komeito are weighing to bring a new proposal that would exempt businesses from paying taxes on unrealized ...

9 months ago

Binance received a “heightened” multi-billion fine following previous public warnings from several regulators, said the CFTC Commissioner.

CFTC Commissioner says Binance’s $4.3 billion settlement due to rule-breaking, not fraud

Kristin Johnson, a Commissioner at the Commodity Futures Trading Commission (CFTC), told a digital assets summit on Dec. 5 that Binance reached a multi-agency settlement because of its rule-brea...

9 months ago

IBM Unveils New Cold Storage Technology for Enhanced Crypto Asset Security

IBM has announced the release of latest technology designed to enhance the security of cold storage for digital assets, aiming to revolutionize the way cryptos are ...

9 months ago

Russia’s Central Bank says there has been a drop in the number of citizens trading crypto – with citizens staying away from major overseas trading platforms.

Number of Russians Trading Crypto Is Falling, Says Central Bank

Per RBC, the bank’s data shows Russians’ crypto activity “decreased in the second and third quarters of 2023.” The bank said it had recorded a fall in Russ...

9 months ago

Taiwan Regulators Monitoring Crypto ETF Developments

Taiwan to Consider Crypto ETFs Based on Global Trends and Regulatory Development

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and co...

9 months ago

Asset manager BlackRock has updated its application to launch the first-ever spot Bitcoin ETF in U.S.

BlackRock and Bitwise amended applications for spot Bitcoin ETF yet again

The document appeared on the website of the U.S. Securities and Exchange Commission (SEC). Bitwise has also updated its application to launch a similar tool. Analys...

9 months ago

Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.

Early Ether Investor Moves Nearly $90M ETH to Kraken

An apparent large ether (ETH) holder moved nearly $90 million worth of the token to the crypto exchange Kraken after being dormant for five years, on-chain analytics tool Lookonchain pos...

9 months ago

The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.

South African regulator may license 36 crypto companies in December

South Africa’s principal financial regulator, the Financial Sector Conduct Authority (FSCA), reviewed 128 applications from crypto service asset providers (CASPs) but intends to discuss on...

9 months ago