Utah Senate Passes Bitcoin Bill, Eliminates Crucial Provision

The Utah Senate has recently approved a bill related to Bitcoin, marking a significant step forward in the state’s cryptocurrency regulations. However, during the legislative process, a crucial reserve clause was removed from the bill. This development shows the growing interest and acceptance of digital currencies like Bitcoin in the mainstream financial sector. Utah’s move [...]

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Apple’s outside payments ban upheld as unlawful in likely win for NFTs and crypto

A California court ruled Apple violated state competition laws by barring app developers from using alternative in-app payment methods apart from its own that included a 30% commission. The decision may clear the path for cryptocurrency and nonfungible token (NFT) projects to add more functionality to their iOS apps. The April 24 ruling was made [...]

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FTX lawyers: Examiner could cost $100M and ‘provide no benefit’

FTX lawyers, joint provisional liquidators of FTX US and the Bahamas and a committee of creditors have all opposed the appointment of an independent examiner.

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Bahamas regulator denies asking crypto exchange FTX to mint new tokens

Bahamas regulator fights back against being ‘publicly challenged’ by FTX against incorrect calculations of digital assets transferred under its control

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Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions – Mining Bitcoin News

The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliament’s spring session. Updated Law ‘On Digital Currency’ Filed With Russian Government Russia’s Ministry of Finance […]

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European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision – Regulation Bitcoin News

The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft, did not take an opportunity to block the draft’s progress. EU Parliament, Commission […]

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Binance Completes Woo Network's Series A+ Round with $12M Investment

The latest funding announcement comes from Binance Labs, the VC arm of Binance cryptocurrency exchange, which said it backed Woo Network with $12 million in its Series A+ round. (Read More)

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Breaking: Ten Senators Urge Speaker Pelosi To Reverse “Crippling” Digital Asset Provision

Digital Asset Provision: the letter comes just a day after the bill was signed into law.  We stand united to ensure more tax certainty for #cryptocurrency and work with the IRS on key reforms. Together, we will continue to support innovation and protect consumers. pic.twitter.com/xu1Dj2GAqD — Rep. Darren Soto (@RepDarrenSoto) November 16, 2021 On late […]

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Breaking: Ten Members Of Congress Urge Speaker Pelosi To Reverse “Crippling” Digital Asset Provision

Digital Asset Provision: the letter comes just a day after the bill was signed into law.  We stand united to ensure more tax certainty for #cryptocurrency and work with the IRS on key reforms. Together, we will continue to support innovation and protect consumers. pic.twitter.com/xu1Dj2GAqD — Rep. Darren Soto (@RepDarrenSoto) November 16, 2021 On late […]

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Crypto Flipsider News – September 24th – U.S. Passes NDA With Crypto Provision, TIME Magazine Breaks Gas Fees, BoE Considers Tough Crypto Rules, Investors Move from BTC to ETH Futures

Read Friday's breaking news in the daily digest!

Continue reading Crypto Flipsider News – September 24th – U.S. Passes NDA With Crypto Provision, TIME Magazine Breaks Gas Fees, BoE Considers Tough Crypto Rules, Investors Move from BTC to ETH Futures at DailyCoin.com.

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SEC Enacts New Registration Mandate for Key Market Players to Bolster Oversight

The SEC introduced new rules requiring liquidity providers to register as dealers or government securities dealers in February 2024, aiming to improve market stability and transparency. (Read More)

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Trump signs new tariff order with reciprocal policies and non-monetary provisions

President Trump has recently signed an executive order imposing reciprocal tariffs on countries that participate in unfair trade practices. This order includes non-monetary tariffs such as higher regulatory standards and environmental restrictions. The aim is to level the playing field for American businesses and workers by ensuring that foreign competitors face the same barriers that [...]

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Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in [...]

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9 key metrics to analyze the health of a bank

Discover nine crucial metrics to analyze bank health: equity, ROA, ROE, NPLs, CAR and more.

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US Officials Oppose Voyager Sale Provision

US officials request removal of a provision in Voyager Digital's bankruptcy plan, arguing it would impede government's regulatory powers; the provision prevents legal pursuit of those involved in the sale to Binance.US. (Read More)

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US officials appeal protections for Voyager execs in Binance.US sale

The DOJ disagrees with the legal protections given to those involved in the Voyager-Binance.US sale saying the court “improperly” exceeded its authority.

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