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The upcoming United States elections set for November have the potential to reshape the American crypto industry. This is mainly due to the conflicting views of candidates on digital assets. As the race heats up, it is becoming apparent that crypto voters could play a pivotal role in determining the outcome of key races, especially
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Bitcoin’s price has been fluctuating between $54,000 and $60,000 over the last seven days, sparking discussions and predictions about its future trajectory. With key factors such as the launch of Ethereum ETFs and Germany’s Bitcoin sales, analysts are divided on whether the cryptocurrency will see a surge or a drop in its value. Some analysts,
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During a hearing on July 11, Judge Katherine Polk Failla expressed doubts about Coinbase’s attempts to subpoena SEC Chair Gary Gensler in the ongoing case against the cryptocurrency exchange. The hearing highlighted Coinbase’s persistent efforts to obtain Gensler’s communications, including statements made before he assumed the role of SEC Chair in 2021. Judge Failla seemed
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Decentralized Autonomous Organizations (DAOs) have garnered significant attention as innovative blockchain-based communities designed to achieve common goals. However, the UK Law Commission’s scoping paper raises critical questions about the legal characterization of DAOs within the country. The Commission’s central thesis revolves around the lack of consensus on what exactly constitutes a DAO and how it
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Justin Sun, the founder of Tron, recently made headlines by investing $5 million in Ethereum (ETH), the world’s second-largest cryptocurrency. This investment was revealed through a transaction discovered by Spot On Chain, an AI-driven on-chain analytics platform. Sun reportedly purchased 1,614 ETH tokens at an approximate price of $3,097 per ETH, bringing his total ETH
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Recent reports have highlighted significant exceptions granted by the US Securities and Exchange Commission (SEC) to certain financial institutions affected by Staff Accounting Bulletin No. 121 (SAB 121). These exceptions have sparked discussions within the industry regarding the implications for crypto accounting compliance and the broader landscape of the crypto industry. The SEC’s decision to
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