Category: Uncategorized
UK Crypto Promotions to Carry Warning Labels as Finance Watchdog Implements New Rules
In a bid to protect consumers, the Financial Conduct Authority (FCA) of the United Kingdom is set to introduce stricter regulations on cryptocurrency promotions. These rules, effective from October 8th,…
Tron’s $TRX Makes Waves: Now Live on Ethereum via BitTorrent Bridge, Boosting Liquidity and Fueling DeFi Growth
Tron founder Justin Sun has made an exciting announcement, revealing that the $TRX cryptocurrency is now accessible on the Ethereum network. This development comes as Tron aims to expand its…
Pakistan Implements Ban on Cryptocurrencies to Combat Illicit Transactions
In a recent decision by the Senate Standing Committee on Financial Affairs, Pakistan has banned cryptocurrencies. The move comes as a response to concerns raised by officials regarding the involvement…
US Securities and Exchange Commission Moves to Freeze Binance US Assets
The US Securities and Exchange Commission (SEC) has reportedly filed a request with a federal court to freeze all assets belonging to Binance US. This action comes just two days…
USDC to Go Live on Arbitrum, Gradually Replacing Ethereum-Bridged Version
Stablecoin issuer Circle has revealed its plans to introduce USDC (USD Coin) on the Arbitrum blockchain. This move signifies that the native USDC issued by Circle will serve as the…
From Speculation to Protection: UK Lawmakers Advocate for Regulating Cryptocurrency Trading as Gambling
UK lawmakers are suggesting that cryptocurrency trading should be considered a form of gambling and regulated accordingly. The lawmakers argue that the speculative nature of cryptocurrency trading resembles gambling activities…
Venezuelan Petro Blockchain Faces Operational Challenges, Alleged Wallet Blockages
The blockchain of the petro, Venezuela’s official cryptocurrency, has encountered operational difficulties, resulting in temporary halts and alleged blockages of hundreds of petro wallets. The issues began with a halt…
ConsenSys Clarifies Misinformation: MetaMask Will Not Withhold Crypto for Taxes
In a recent statement, ConsenSys, the creator of the well-known MetaMask browser-based cryptocurrency wallet, addressed the circulation of inaccurate information regarding the company’s terms of service. Debunking the claim, ConsenSys…
JPMorgan Chase Makes its Mark in the Generative AI Arena with IndexGPT Trademark
JPMorgan Chase, a leading financial services giant, has set its sights on the world of generative AI by filing a trademark application for IndexGPT. This move signals JPMorgan’s entry into…