The introduction of the Property (Digital Assets etc) Bill marks a significant turning point for the regulatory landscape concerning digital assets such as Bitcoin and non-fungible tokens (NFTs) in the United Kingdom. By officially categorizing these digital entities as personal property, the UK aims to provide a comprehensive legal framework that offers both protection and
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The cryptocurrency market has always been characterized by its volatility, and Bitcoin, as the flagship digital currency, often sets the tone for market sentiment. Following a particularly bearish month, there has been a notable recovery in Bitcoin’s price at the start of this week, raising hopes among investors and analysts alike. While this uptick is
Recent developments in the oversight of the Securities and Exchange Commission (SEC) have ignited a political firestorm, casting a shadow over the integrity of one of the nation’s key regulatory bodies. Lawmakers have initiated a formal investigation into potential political bias within the SEC’s hiring processes. This investigation, communicated through a letter dated September 11,
The criminal proceedings surrounding former FTX executive Ryan Salame have become a convoluted tale of deception, legal ramifications, and systemic issues in the judicial process. Initially convicted on serious charges related to campaign finance and money-transmitting fraud, Salame’s admission of lying under oath has drawn significant scrutiny from legal experts and the public alike. This
The emergence of GhostDrive signals an exciting shift in the realm of decentralized Web3 storage. Despite being relatively new to the scene, this platform has quickly captured the attention of more than 740,000 users monthly. As a Telegram Mini App running on The Open Network (TON) blockchain, GhostDrive redefines how data storage operates, creating a
Nubank, the Fintech bank, recently announced the suspension of trading for its cryptocurrency, Nucoin. This decision was made amidst concerns over the bank’s financial stability. The cryptocurrency was initially launched in late 2022 on the Polygon blockchain as part of a reward program aimed at providing users with various perks. However, with immediate effect, Nucoin
Bitcoin (BTC) is finally making a comeback, with recent price spikes signaling a potential start of the long-awaited market bull run. As the cryptocurrency retests the $57,000 level, this renewed momentum could ignite a positive price rally, potentially driving more gains for Bitcoin. On Tuesday, September 10, Santiment, a market intelligence platform, disclosed a new positive
The issue of “pig butchering” scams within the cryptocurrency market has been growing at an alarming rate, leading to billions in losses for unsuspecting victims. The lack of awareness and understanding surrounding these scams has made it easier for fraudsters to exploit individuals and manipulate them into investing in fake projects. In response to the
Cryptocurrency markets have been experiencing a period of stability with Ethereum (ETH) following a sideways trend similar to Bitcoin (BTC). However, renowned crypto analyst Benjamin Cowen has raised concerns about the potential price movements of Ethereum in the coming months. Unemployment Rates and Price Correlations Cowen suggests that there may be a correlation between Ethereum’s
Binance’s subsidiary, Tokocrypto, recently announced the acquisition of a Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti). This milestone positions Tokocrypto as the third exchange in Indonesia to receive such a license, highlighting the company’s commitment to regulatory compliance and its goal of becoming the leading crypto-asset trading platform
