digital assets

House Financial Services Committee Chairman Patrick McHenry has raised serious allegations against SEC Chair Gary Gensler, claiming that he misled Congress during his testimony in April 2023. According to McHenry, recent court documents indicate that Gensler deliberately avoided answering questions about whether the SEC considers Ethereum (ETH) to be a security. These accusations have sparked
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Google Cloud, the cloud computing arm of tech giant Google, has recently introduced a new platform tailored for blockchain developers. The Web3 portal is designed to assist developers in creating non-fungible tokens (NFTs) and decentralized applications (DApps) by offering a variety of resources and support. The Web3 portal by Google Cloud is a step towards
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Two influential organizations in the cryptocurrency space, the Blockchain Association and the Crypto Freedom Alliance of Texas, have recently filed a legal challenge against the US Securities and Exchange Commission (SEC). They argue that the SEC exceeded its authority by implementing a rule that redefines the criteria for identifying a “dealer” of securities. The groups
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In response to the rapid growth and increasing complexity of the digital assets industry, the Hong Kong Securities and Futures Professionals Association (HKSFPA) has called for the establishment of independent self-regulatory organizations (SRO) dedicated to overseeing this sector. The initiative aims to enhance the regulatory landscape in Hong Kong to support innovation and security within
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The recent Bitcoin halving event has caused a reduction in miners’ block rewards, leading to a decrease in the daily issuance of BTC and potentially triggering a price rally. This major event in the cryptocurrency industry has sparked discussions about the impact of halving on meme coins, such as Dogecoin and Shiba Inu. The Bitcoin
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