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Shanghai judge says cryptocurrency is a commodity, legal to own
Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute. A judge in the People’s Court of Songjiang District in Shanghai, China, has released an article on the court’s WeChat account about the legality of issuing virtual currency in China. She was commenting on a…
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SEC sends reparations to BitClave ICO investors
The payment is part of a settlement BitClave agreed to pay in 2020 after the SEC charged the search engine for failing to register as a securities offering. The United States Securities and Exchange Commission (SEC) has sent $4.6 million in reparations to investors in Ethereum-based search engine BitClave’s initial coin offering (ICO), the agency…
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Stablecoin bill faces several challenges — former Senator Pat Toomey
The total market capitalization of the stablecoin sector has topped $174 billion as of November 2024 and continues to grow. Former United States Senator Pat Toomey believes there are several unanswered questions regarding stablecoin issuers and their underlying assets that must be resolved before comprehensive stablecoin regulations are passed in the US.In an interview with…
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Fmr House Speaker warns partisan gridlock could derail Trump’s crypto plans
Paul Ryan served as Speaker for the House of Representatives prior to Nancy Pelosi. Former Speaker for the United States House of Representatives Paul Ryan took the stage at the North American Blockchain Summit in Texas on Nov. 20 for an interview with former White House security adviser Faryad Shirzad. While the conversation touched on a…
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Are spot Bitcoin ETF options traders really expecting a $176K BTC price?
BlackRock’s IBIT BTC options launch was a success, but how realistic are traders’ high six-figure Bitcoin price expectations? Options on BlackRock’s iShares Bitcoin Trust ETF (IBIT) made waves on Nov. 19, when its newly launched market recorded $1.9 billion in trading volume. On X, a handful of analysts deemed the launch a success, after the…
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Is the Crypto Conference Circuit Good for Crypto?
Azeem Khan: When everyone is traveling the world, attending endless side-events, who is building and onboarding new customers?
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South Korea bans ETFs tracking crypto-related companies
South Korea’s financial watchdog has doubled its restrictive stance toward crypto, rejecting the launch of exchange-traded funds (ETFs) that track companies linked to digital assets. Local media reported on Nov. 20 the Financial Supervisory Service (FSS), citing policies rooted in a 2017 government directive, has barred asset managers from introducing ETFs focused on firms like Coinbase. This…
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Crypto Agents and Verifiable Systems Are the Future of Safe, User-Centric Tech
Rather than “giving power to the machines,” AI agents give users autonomy to handle complex processes, acting as reliable allies in an increasingly complicated and opaque digital landscape, says David Sneider, Co-founder of Lit Protocol.
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Frank McCourt’s Decentralized Internet Project Enters Ethereum Ecosystem With Consensys Partnership
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Trump mulls creating first White House crypto post: Report
The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported. President-elect Donald Trump is considering creating a new White House post dedicated entirely to cryptocurrency policy, Bloomberg reported on Nov. 20.Trump’s team is talking to industry executives to decide whether the role is needed, Bloomberg said. They…
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