Bitcounts

The financial world is a whirlwind these days. Banks are juggling lawsuits, integrating crypto into their systems, and facing public scrutiny after past failures. But there’s a glimmer of hope! A strong jobs report boosted investor confidence, and things might be looking up for the banking industry. Investors Breathe Easier…

The winds of change are blowing in the Land of the Rising Sun, and it’s bringing a positive breeze for the cryptocurrency market. A recent survey conducted by Nomura Holdings and its digital asset subsidiary, Laser Digital, has revealed that a significant portion of Japanese institutional investors are warming up…

In a significant development within the cryptocurrency regulatory landscape, the Nigerian High Court has dismissed a lawsuit filed by Nadeem Anjarwalla, Binance’s regional manager. Anjarwalla had alleged that Nigerian government agencies violated his fundamental rights by detaining him and seizing his passport. The dismissal, ruled by Judge Inyang Ekwo on…

In a landmark decision for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into ConsenSys, the technology incubator behind Ethereum 2.0, without recommending any enforcement actions. This announcement has been well-received by the market, leading to a notable increase in the price of ether…

In a significant move towards enhancing digital identity and security, the European Commission has selected Iota’s Web3 ID solution for its current edition of the European Blockchain Sandbox initiative (EBSI). This selection underscores the revolutionary potential of Iota’s solution in transforming Know Your Customer (KYC) processes through distributed ledger technology…

The 2024 Proof of Talk event in Paris, France, brought together some of the most influential voices in the Web3 space. Among them were Jenny Johnson, CEO of Franklin Templeton, and Mo Shaikh, founder of Aptos, who shared their insights on how the protocol economy is reshaping global regulatory frameworks.…

Former United States President Donald Trump is making a bold statement as part of his 2024 presidential campaign: he plans to be the “crypto president.” At a recent fundraising event in San Francisco, hosted by Craft Ventures’ general partner David Sacks and tech billionaire Chamath Palihapitiya, Trump emphasized his support…

The world of NFTs is rapidly evolving, and regulatory bodies around the globe are scrambling to keep pace. South Korea’s Financial Services Commission (FSC) has recently taken a step forward, issuing guidelines that clarify how they categorize non-fungible tokens. Not All NFTs Are Created Equal The key takeaway? Not all…

The world of cryptocurrency has been grappling with a key question: who gets to call the shots?  A recent decision by a US appeals court could signal a shift in the regulatory landscape, potentially offering some positive signs for the crypto industry. The SEC vs. Transparency: A Familiar Tune The…

As the Markets in Crypto-Assets Regulation (MiCA) rules come into effect at the end of the month, Binance is preparing to comply with these new regulations regarding stablecoins in the European Economic Area (EEA). This move aims to ensure a smooth transition for users from unauthorized to regulated stablecoins. Understanding…