The former Solicitor General Donald B. Verrilli has raised serious accusations against US regulators, accusing them of intentionally stifling the crypto industry through debanking practices. These allegations were made in a joint amicus brief filed on July 3 with Paul Clement, another former Solicitor General, pointing to bipartisan concerns about the regulatory environment for digital
In a recent statement on July 4th, the European Banking Authority (EBA) announced updates to their Travel Rule guidelines. This update now includes regulations for crypto service providers and intermediaries in the European Union. Starting on December 30, 2024, all crypto exchanges operating within the EU will be required to adhere to the Travel Rule
Taiwan Mobile, the second-largest telecom operator in Taiwan, has taken a significant step by applying for a license to operate as a Virtual Asset Service Provider (VASP). This move reflects the company’s efforts to break into the crypto market and integrate digital assets with mainstream services. The Financial Supervisory Commission’s latest report now lists Taiwan
RETROBLOCK is setting the stage for a new era in gaming with its ambitious GameFi platform. This platform aims to completely revolutionize the retro gaming scene by incorporating elements of competition, interaction, and rewards. Offering players a unique gaming experience unlike any other, RETROBLOCK is making waves in the industry. One of the standout features
In a groundbreaking move, Double Jump.Tokyo, a prominent blockchain application developer in Japan, has revealed an exciting partnership with Ubisoft. This collaboration aims to provide web3 integration support and enhance marketing efforts for Ubisoft’s new web3 game, Champions Tactics, in the Asian market. Champions Tactics: Grimoria Chronicles is a cutting-edge PVP Tactical RPG game for
The impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox has significantly stirred market anxiety. This amount, representing 0.68% of the total Bitcoin supply, is slated for distribution among the creditors of the exchange, which ceased operations in 2014 due to a major hacking event. The distribution process has already seen large
The cryptocurrency market has been experiencing a significant downturn, with Ethereum (ETH) being one of the casualties. In the past week, ETH has seen a 9% decline, dropping to $3,130. Market observers are now closely monitoring key levels that need to hold to avoid further losses and increased liquidation rates. Analysts, like “Inspo Crypto,” are
The cryptocurrency market has experienced a significant downturn in the past 24 hours, with the total market capitalization dropping to $2.07 trillion, marking an 8.6% decrease. Bitcoin, the leading digital asset, has been hit hard, with its price falling below $54,000 for the first time since February. This sharp decline has had a negative impact
Bitwise, an asset management firm, has recently made amendments to its S-1 registration with the United States Securities and Exchange Commission (SEC) in order to list and trade shares of a spot Ether exchange-traded fund (ETF). This move comes following statements made by SEC Chair Gary Gensler regarding the potential approval of spot Ether ETFs
BitMEX, a derivatives exchange based in Seychelles, has recently introduced the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. This innovative offering aims to provide traders with a unique opportunity to gain exposure to a selection of popular meme coins through a single contract. The MEMEMEXTUSDT Basket Index Perpetual Swap Contract, also referred to as the “S&P500