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In a groundbreaking move, the Law Commission of the United Kingdom (UK) Parliament recently presented the Property (Digital Assets, etc.) Bill, aimed at officially acknowledging digital assets as legit property. This bill signifies a significant shift in British legal history, as it categorizes cryptocurrencies, non-fungible tokens (NFTs), and carbon credits as personal possessions under English
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The financial landscape in Europe is witnessing a significant shift as leading Swiss bank Zurich Cantonal Bank has recently introduced cryptocurrency trading services for its customers. This move signals a growing acceptance and adoption of digital assets within the traditional banking sector. On September 4, 2024, Zurich Cantonal Bank announced the launch of Bitcoin (BTC)
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Investors and gamers have been increasingly drawn to pre-market trading as a means of gaining early access to sought-after game tokens. Platforms like Telegram have introduced games such as Hamster Kombat, Catizen, WatBird, and X Empire, offering traders the opportunity to acquire tokens before they are officially released to the public. This strategy, known as
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The Digital Chamber (TDC) has urged Congress to pass legislation that would designate certain non-fungible tokens (NFTs) as consumer goods and exempt them from federal securities laws. This call for action comes in response to the Securities and Exchange Commission’s (SEC) recent enforcement actions, including a Wells notice issued to NFT marketplace OpenSea. TDC argues
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Bitcoin recently experienced a significant daily surge, jumping from $53,600 to over $58,000. One of the key factors behind this surge could be attributed to the US spot Bitcoin ETFs, which were introduced in mid-January. These ETFs have had a noticeable impact on Bitcoin’s price movements, with positive flows leading to price increases and negative
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Cardano (ADA) has seen a surge in various key metrics within its ecosystem, especially following the successful implementation of the anticipated Chang upgrade on September 1. Despite facing a bearish market sentiment that impacted ADA’s price, the Cardano Foundation reported increased investor activity and blockchain usage. According to a recent social media post by the
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