a sort of electronic or virtual money It functions as regular money, such as dollars, pounds, euros, yen, and so on. However, it has no physical counterparts — banknotes or coins that can be carried about — and hence exists only in electronic form.
Vice President Kamala Harris made her first public statement about cryptocurrency while recently campaigning for the U.S. presidency at a Wall Street fundraiser in Manhattan since becoming the Democratic Party's top presidential candidate. According to a report by Bloomberg on September 23, 2024, Vice President Kamala Harris has pledged to ...
Read moreDetailsMillions of potential Australian crypto investors are currently "sitting on the sidelines," waiting for more straightforward regulations around the market, according to a new report from local crypto exchange Swyftx. The report, based on a survey of 2,229 adult Australians, provides insights into the current state of crypto adoption and ...
Read moreDetailsA significant shift is occurring in the U.S. political landscape, with cryptocurrency emerging as a crucial campaign issue for the first time in a presidential election, according to Gemini's latest "Global State of Crypto" report released today, September 10, 2024. The report is based on a survey of a random ...
Read moreDetailsBinance Futures, a division of the crypto exchange, has announced a significant expansion of its offerings. The company is launching a new product based on Ethereum staking pool Rocket Pool's native token, RPL, today, September 9, 2024, by 12:30 UTC. The new USDT-margined RPL perpetual contract will offer leverage of ...
Read moreDetailsThe US Securities and Exchange Commission (SEC) appears determined to maintain its position on a rule limiting crypto custody services for regulated financial firms. In an X post on September 10, 2024, ETF Store President Nate Geraci stated that the SEC "appears to be firmly committed" to SAB 121. "They ...
Read moreDetailsCrypto.com has launched new global retail services in partnership with Standard Chartered Bank. According to a recent press release by the Singapore-based crypto exchange, the new services will allow users in over 90 countries to deposit and withdraw US dollars, euros, and United Arab Emirates dirhams through the Crypto.com app. ...
Read moreDetailsThe Indian government will release a public consultation paper on comprehensive cryptocurrency regulations between September and October 2024, according to a new report from CNBC. The report revealed that a special panel, headed by the Secretary of the Department of Economic Affairs (DEA), will release the paper to gather input ...
Read moreDetailsRetail investing and trading platform Robinhood has announced its financial results for the second quarter of 2024, and cryptocurrency trading played a significant role in the company's impressive performance. Robinhood reported a 40% year-over-year surge in total net revenues, reaching $682 million. Transaction-based revenues led the charge, increasing 69% to ...
Read moreDetailsFerrari plans to start accepting cryptocurrency payments from its European dealers by the end of July, following a successful rollout of the scheme in the U.S. According to a Reuters report, Ferrari will extend crypto payments to international dealers in regions where digital assets are legally accepted by the end ...
Read moreDetailsThe European Union Agency for Law Enforcement Cooperation (Europol)’s latest report, has flagged significant concerns within the cryptocurrency ecosystem, particularly regarding non-fungible tokens (NFTs) and Bitcoin exchange-traded funds (ETFs). According to the “Internet Organised Crime Threat Assessment (IOCTA) 2024” report, while large-scale fraud involving NFTs has not yet materialised, the ...
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