An ambitious private member’s bill that seeks to regulate the Brazilian crypto market could be approved by the National Congress before the end of the first half of this year – with MPs set for a key vote on Tuesday next week. The original bill was authored by Senator Flávio Arns of the Podemos Party […]
Despite the tough regulatory stance toward the fast-growing decentralized finance (DeFi), executives of major cryptocurrency platforms are not losing hope and are even optimistic about the future. One of them is Changpeng “CZ” Zhao, the CEO of Binance, the world’s largest crypto exchange. He has expressed his views while speaking to CNBC during the Paris […]
A class action lawsuit against Stronghold Digital Mining is brewing after the company reported fourth quarter earnings results that fell short of expectations. The company, which converts coal waste into energy to mine bitcoin, went public in October. Stronghold sold 7,690,400 shares of Class A common stock at a price of $19 per share as […]
Coin Center has vehemently pushed back the controversial SEC proposal that sought to redefine the definition of “exchange” within the Securities Exchange Act in a bid to “include systems that offer the use of non-firm trading interest and communications protocols to bring together buyers and sellers of securities.” The group deemed the regulator’s move as […]
Ripple Enthusiasts Stunned as SEC Says It Will Not Seek Additional Discovery. The Ripple (XRP) community was in shock yesterday after the SEC disclosed that it does not seek to take additional discoveries at this time. This comes after the court requested that the SEC state its position on the additional discovery by April 15, […]