Category Archive: Cryptocurrency, No picture
First French Crypto License Given to Societe Generale’s Crypto Branch
Société Générale’s SG Forge division earns the first-ever crypto license from the Autorité des Marchés Financiers, allowing them to conduct a full range of crypto operations in France. SG Forge, now fully authorized by the AMF as a digital asset service provider (DASP), can provide services including the buying, selling and exchanging of digital assets and […]
Pre-Mining Era ETH Worth $116M Moves Wallets
A wallet holding pre-mined Ethereum worth a massive $116 million that lay dormant for eight years made an unexpected move on July 18. It transferred all its 61,216 Ether to an address on the Kraken crypto exchange. This sudden activity marks the end of a long-term holding strategy and an impressive case of token value […]
UK’s FCA Could Soon Make Crypto Boring
The Financial Conduct Authority (FCA) in the UK has identified a new area of potential regulatory concern: cryptocurrency memes. The financial watchdog warned that non-compliant crypto memes might not just violate financial promotion rules but could also lead to criminal offenses. Too many people across the UK are being shown financial promotions from unsuitable sources. […]
Coinbase CEO to Collaborate with House Democrats: Regulation Coming?
Is the United States coming closer to bridged regulation between regulators and industry leaders? Brian Armstrong, CEO of Coinbase, will convene privately with House Democrats this Wednesday, according to Democratic aides speaking to Bloomberg. Armstrong’s discourse with the New Democrat Coalition—a group of 100 center-left lawmakers advocating for progressive policies—is set to revolve around legislation […]
SEC Takes Valkyrie’s Spot Bitcoin ETF Proposal Under Consideration
The Securities and Exchange Commission (SEC) has incorporated Valkyrie’s spot Bitcoin exchange-traded fund (ETF) proposal into its formal review process. This is the most recent spot Bitcoin ETF proposal from Valkyrie, filed in early July, with the proposed ticker symbol as “BRRR.” The SEC statement stated: “The purpose of the Trust is to provide investors […]
Bitcoin Mining Activity Surges Amid High Difficulty: Bitfinex
Bitcoin miners’ activities continue to pique global interest, showing a rise in BTC mining activity, according to a report from Bitfinex. One particular development is the Bitcoin mining difficulty hitting an all-time high, which signals a more robust network and a heightened miner optimism. Bitfinex Report page 23The BTC network difficulty has surged to 6.45, […]
Binance Throws Red Flag at Argentina’s Soccer Association, Terminating Contract
Binance, the global and top cryptocurrency exchange, has abruptly terminated its year-long sponsorship agreement with the Argentine Football Association (AFA), citing compliance issues while also grappling with regulatory issues and market downturns. Binance ha decidido poner fin a su asociación con la AFA (Asociación del Fútbol Argentino). Regularmente, evaluamos los resultados de nuestras alianzas en […]
Ripple’s Legal Win: A Precursor to U.S. Regulatory Clarity?
The latest court victory by Ripple in its case against the SEC could be a crucial stepping stone to clarifying cryptocurrency regulations in the U.S., says Caroline Pham, Commissioner at the Commodities Futures Trading Commission (CFTC). In her recent interview with Bloomberg TV on July 17, Pham expressed optimism about the ongoing change of regulation […]
Bridging the Gap Between Solana and Ethereum: Neon EVM Debuts on Solana Mainnet
Neon EVM, an Ethereum Virtual Machine, has been launched on the Solana mainnet working to bridge the gap between Ethereum and Solana’s computing models. This will enable Ethereum DApps to utilize Solana effectively for transaction settlements: Apply today for the Early Builders Program and be a part of the Neon EVM’s mission to revolutionize blockchain […]
Bitcoin’s 2024 Halving: Market Catalyst or Mining Consolidation
In a matter of months, the world of Bitcoin and digital currencies will be experiencing another historic event – the fourth Bitcoin Halving expected in April 2024. This moment of anticipation and speculation serves as a high-stakes litmus test for both Bitcoin miners and the crypto market. It is an event that has previously catalyzed […]
