South Korea is set to introduce a supervisory fee for cryptocurrency operators, calculated based on their operating revenue. The Financial Services Commission (FSC) of South Korea has implemented the 'Virtual Asset User Protection Act' as of July 19....
Riot Platforms, a leading Bitcoin mining company, reported a total revenue of $70.0 million for the second quarter of 2024, a decline from $76.7 million in the same period last year. This decrease was attributed to the Bitcoin...
David Marcus, former president of PayPal and current CEO of Lightspark, has publicly endorsed former President Donald Trump for re-election. In a post on the social media platform X, Marcus expressed his support for the Republican Party, stating...
In response to the recent hack of local crypto exchange WazirX, India's Bharat Web3 Association (BWA) is ramping up efforts to enhance cybersecurity and strengthen consumer protection in the cryptocurrency sector. Local media reports that the BWA has...
The Wisconsin Department of Financial Institutions (DFI) has launched a publicly accessible tracker to combat cryptocurrency and other investment scams. This initiative, according to the agency, comes in response to nearly $3.55 million lost by Wisconsinites to financial...
The Law Commission of England and Wales has recommended that the government establish a new category of personal property to encompass crypto assets. The independent body, which reviews and suggests legal reforms, highlighted the shortcomings of the current...
California's Department of Motor Vehicles (DMV) has partnered with the Avalanche blockchain and crypto infrastructure firm Oxhead Alpha to modernize the vehicle title transfer process. In a joint statement, the DMV and Avalanche highlighted that this blockchain integration...
M2, a leading cryptocurrency exchange in the United Arab Emirates, has introduced a new service that enables the country's residents to directly purchase and sell Bitcoin and Ether using their bank accounts. According to a local report, users...
The United States Securities and Exchange Commission (SEC) has withdrawn its request for a court to rule on whether certain tokens, mentioned in its lawsuit against Binance, should be classified as securities. In a filing submitted on July...
US Senator Cynthia Lummis has renewed her call for a Bitcoin reserve to help alleviate the US national debt, following the Treasury Department's announcement that the gross national debt exceeded $35 trillion for the first time. This figure...
