SEC quietly closes investigation into Paxos – no securities charges against BUSD cryptobriefing.com + 21 more 11 July 2024 14:21, UTC The US Securities and Exchange Commission (SEC) has concluded its investigation into Paxos, the issuer of the stablecoin Binance USD (BUSD), without recommending any enforcement action, Jorge Tenreiro, Deputy Chief of the SEC’s…
Trump has shifted crypto into a ‘wedge issue’ as campaign intensifies cryptobriefing.com 16 July 2024 21:22, UTC Former US President Donald Trump, who recently survived an assassination attempt, has made a notable shift in his stance on crypto, positioning the technology as a key campaign issue for the 2024 presidential election. This change represents…
Republicans Likely to Follow Through With Pro-Crypto Agenda, Experts Say decrypt.co 16 July 2024 22:12, UTC While the potential return of former crypto skeptic Donald Trump to the White House has raised hopes of a new crypto-friendly era in Washington, it remains unclear exactly how the Republican party would approach crypto issues should it…
After Court Order, Craig Wright Updates Website With Admission He Is Not Satoshi Nakamoto coindesk.com 16 July 2024 21:07, UTC Australian computer scientist and one-time Satoshi Nakamoto claimant Craig Wright has been forced to update the homepage of his personal website with a legal notice declaring that he is not the inventor of Bitcoin….
Why Is South Korea Postponing Crypto Taxation? financemagnates.com 16 July 2024 20:35, UTC In a strategic move influenced by upcoming general elections, South Korea has decided to delay the implementation of taxes on cryptocurrency gains until 2028. Initially, the government planned to impose a 20% tax on profits from crypto investments exceeding 2.5 million…
Virtual assets are considered in UAE’s 100 new AML/CTF recommendations cryptopolitan.com 16 July 2024 12:14, UTC After the UAE was taken off the FATF (Financial Action Task Force) grey list and even prior to that, the UAE continues to take action to ensure improved AML/CTF (Anti Money Laundering) and (Counter-Terrorist Financing) especially when it…
US crypto companies spend $79 million on political lobbying in two years cryptoslate.com 16 July 2024 15:30, UTC Crypto lobbying expenditures have surged dramatically over the past seven years, according to a new study by Social Capital Markets. The research reveals a staggering 1,386% increase in lobbying spend by crypto companies, rising from $2.72…
