EU crypto regulations undermined by lack of enforcement, say observers
The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws.
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Canadian regulatory council creates new preregistration filing for crypto platforms
The Canadian Securities Administrators will require crypto trading platforms to file an undertaking committing them to investor protections while their registration is in process. 263 Total views 6 Total shares The Canadian Securities Administrators (CSA), the council of provincial and territorial securities regulators, announced Monday that crypto trading platforms will be expected to provide a preregistration…

Bitcoin ‘ripe for short squeeze’ as bulls pressure $62K BTC price wall
Bitcoin bulls draw key battle lines as market metrics hint at a potential breakout from the short-term BTC price trading range.

First EU spot Bitcoin ETF hits Euronext Amsterdam exchange
The Jacobi Bitcoin ETF is finally going live on the Euronext Amsterdam stock exchange, more than a year after its planned launch. 692 Total views 4 Total shares The London-based digital asset management firm announced that its new investment product was going live on the Euronext Amsterdam stock exchange on Aug. 15, more than a…

Bitcoin’s dominance knocked by ETH’s post-Shapella rally
In the last 24 hours, Bitcoin's percentage of the crypto market cap retreated by nearly 1% while Ether gained just over 1.1%. 1442 Total views 16 Total shares Own this piece of history Collect this article as an NFTEther (ETH) prices have topped the psychological $2,000 level following the Shapella upgrade this week and the…

No precedent: IRS court settlement doesn’t clarify crypto staking taxes
In May 2021, a Nashville couple known as the Jarretts filed a lawsuit against the United States Internal Revenue Service (IRS) over taxes they had paid on unclaimed and unsold Tezos (XTZ) staking rewards. At the beginning of February, news broke that the lawsuit filed by the Jarretts had come to an end, resulting in…

Price analysis 7/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
The recovery in the cryptocurrency markets is being led by Bitcoin (BTC), which has risen above the $21,000 level. However, BlockTrends analyst Caue Oliveira said that on-chain data shows a decline in “whale activity” since the month of May, barring the flurry of activity during the Terra (LUNA) — since renamed Terra Classic (LUNC) —…

Breaking: Paypal launches PYUSD stablecoin for payment
Payment processing giant PayPal started crypto payments in March 2020 and since then has been actively involved in the crypto payment sector. 896 Total views 7 Total shares American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7. The new US dollar-backed stablecoin will be issued by Paxos Trust…

Cambridge Study: Lack Of Standard Terms for Crypto Hampers Global Regulatory Response
The lack of standard global terminology for crypto assets is a major impediment for the adoption of clear regulatory policies in the industry, according to a study by the Cambridge Centre for Alternative Finance (CCAF) released on April 16.According to the report, a variety of major terms in the crypto industry is often used interchangeably…