Have you ever imagined a world beyond our physical reality where people can interact, build, and live in a fully immersive digital world? A place where the boundaries between reality and imagination blur, where the impossible becomes possible, and...
Introduction If you believed that the hostile demeanour of the United States' regulatory stance towards the cryptocurrency sector lacked backing from the government, President Joe Biden has taken steps to shatter that illusion. On 21 March 2023, the White...
Brian Armstrong, CEO and co-founder of Coinbase, has criticized the lack of clarity surrounding cryptocurrency regulation in the U.S., likening the SEC to "soccer referees" in a game of pickleball. Armstrong's comments come after Coinbase received a Wells Notice...
The crypto community has expressed displeasure about the latest economic report released by the White House. The White House released its 2023 edition of 'Economic Report of the President' on March 20, 2023, containing the first discourse on digital...
The Australian Prudential Regulation Authority (APRA) has requested local banks report on their cryptocurrency transactions and disclose their exposures to startups and crypto-related companies. The regulatory body is seeking to obtain a deeper understanding of potential risks and exposures...
On March 20, 2023, Coinbase, a cryptocurrency exchange based in the United States, submitted a petition to the U.S. Securities and Exchange Commission (SEC) challenging the classification of stakes as securities. Americans love their stake. Here’s why we need...
According to reports, US officials are exploring the possibility of temporarily extending Federal Deposit Insurance Corporation (FDIC) coverage to all deposits in response to concerns raised by a group of banks about a potential financial crisis. The Treasury Department...
Taiwan is increasing its regulation of the cryptocurrency industry in response to the market upheaval caused by the collapse of the FTX crypto empire. According to a report, the country's top financial regulator, the Financial Supervisory Commission (FSC), will...
The U.S. Federal Reserve has announceda collaboration with five global central banks to ensure the availability of U.S. dollars in light of recent banking failures in both the United States and Europe. This was made known in an announcement...
Since the publication of the Bitcoin whitepaper in 2008, the legal status of the cryptocurrency industry has been a highly debated topic. The emergence of cryptocurrencies has presented lawmakers and regulators with a new set of challenges, and their...
