Former UK Chancellor George Osbourne warned the current government is at risk of missing out on the crypto wave as they are lagging behind in the global race. Can the U.K. catch up? Summary Former U.K. Chancellor and Coinbase Global Advisor George Osbourne says the U.K. risks falling behind to the U.S., Hong Kong, Singapore…
ZBCN price is edging closer to its ATH, currently trading just 25% below it, with strong technical momentum fueled by major fundamental developments. Summary ZBCN price is currently just 25% below its ATH of $0.0071, with technical indicators signaling further upside. Zebec is undergoing its final SOC 2 audit, expected to finish by August, boosting…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. This is a follow-up interview to a three-part series of interviews with William Quigley, a cryptocurrency and blockchain investor and co-founder of WAX and Tether, which Selva Ozelli, Esq, CPA, Author of…
On July 31, the U.S. Securities and Exchange Commission’s Chairman Paul Atkins gave a 30-minute speech in which he outlined the SEC’s plans to improve the regulatory climate surrounding the cryptocurrency industry significantly. While the markets didn’t react to it, the crypto community declared Atkins’s speech “the most bullish news for crypto in a decade.”…
U.S. Treasury Secretary Scott Bessent says the United States has entered a golden era of cryptocurrency as it looks to unlock new possibilities with blockchain technology. Summary U.S. Treasury Secretary Scott Bessent posted on X that the U.S. has entered a new age with crypto. Companies and protocols should build their projects in the United…
UK regulators have redrafted the playbook, allowing retail crypto ETNs while keeping derivatives banned. The FCA’s grudging concession comes with a caveat: investors walk the tightrope without a compensation safety net. Summary UK FCA lifts its retail ban on crypto ETNs, effective October 8, but keeps derivatives off-limits. Investors must trade through FCA-approved exchanges and…
Indonesia’s crypto tax revenue continues to rise, reaching as high as $36.40 million yearly. The government is preparing to hike up the tax rate for crypto transactions this month. According to data from the Directorate General of Taxes reported by local media outlet Tirto, Indonesia’s cryptocurrency tax revenue managed to reach between Rp500 billion ($31.25…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Forget meme tokens—Wall Street’s next upgrade is on-chain. Now that on-chain real-world assets have swelled beyond $23 billion and incoming SEC Chair Paul Atkins is openly urging banks to embrace tokenization, the…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For years, cryptocurrency advocates have passionately highlighted the transformative potential of blockchain, often in contrast to traditional financial institutions. The creation of Bitcoin (BTC) in 2008 was a response to a moment…
Sen. Elizabeth Warren criticized the bipartisan GENIUS Act, saying that vested interests from the crypto industry heavily dictated this legislation. This situation reminds her of the 2000 Commodity Futures Modernization Act, which was a precursor to the 2008 financial crisis. Can the GENIUS Act end up being as disastrous as the CFMA? Summary Sen. Warren…
