Japan’s Minister of Economy, Trade, and Industry, Takeru Saito, recently unveiled tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This initiative was announced during the WebX Conference, Tokyo’s premier event focused on cryptocurrencies. Saito’s announcement underscored the Japanese government’s commitment to creating an enabling environment for innovation in
Telegram CEO Pavel Durov has recently been released from prison in France, but is now under judicial supervision with strict conditions. These conditions include a €5 million bond that Durov is required to deposit. Additionally, he is not allowed to leave French territory and must report to the police station twice a week as part
Congressman Wiley Nickel has recently criticized the US Securities and Exchange Commission (SEC) for its “regulation by enforcement” approach. He believes that this method undermines trust in the regulatory system and risks stifling digital innovation across the US. Nickel has been a strong advocate for regulatory frameworks in the crypto industry to ensure customer protection.
Recent findings from TRM Labs have shed light on a troubling trend in the world of cryptocurrency – illicit activity at crypto ATMs. According to their latest report, these machines have processed over $160 million in illicit volumes since 2019, with a significant increase seen in 2023. The proportion of illicit transactions at crypto ATMs
Opeyemi’s journey in the cryptocurrency realm started unexpectedly, as it was not his initial career choice. However, after immersing himself in the digital asset industry for over two years, he has become deeply fascinated by its complexities. Unlike many others who simply skim through price charts, Opeyemi delves deeper into on-chain movements and blockchain activities
With Federal Reserve chair Jerome Powell’s recent comments at the Jackson Hole symposium, the demand for bitcoin (BTC) in the United States has seen a notable increase. This surge in interest has been evident through various metrics such as the Coinbase Premium reaching its highest level since July at 0.11%. This increase in demand has
The US Securities and Exchange Commission (SEC) has recognized the importance of retail investors having more timely access to fund portfolio data. This is crucial, as delayed information can significantly impact decision-making processes for investors, especially during times of market turmoil or geopolitical events. The current regulatory framework requires registered investment companies to provide periodic
2024 was supposed to be the year when Bitcoin would skyrocket to the elusive $100,000 mark, following a history-making all-time high earlier in the year. The expectations were high, especially after the completion of the scheduled halving in April. However, the reality has been far from what was anticipated. Despite coming close to breaking the
The U.S. Securities and Exchange Commission (SEC) recently filed charges against two brothers for allegedly orchestrating a $60 million Ponzi scheme. The complaint, lodged in the United States District Court for the Northern District of Georgia in Atlanta, accuses Jonathan Adam and his brother Tanner Adam of deceiving over 80 individuals. The brothers purportedly enticed
Semilore Faleti is a cryptocurrency writer with a unique specialization in the world of journalism and content creation. Unlike many others in the field, Semilore has a particular knack for unraveling the complexities and intricacies of blockchains and cryptocurrency. He is intrigued by the efficiency of digital assets in terms of storing and transferring value,
