Fed chair calls for Congress to move on crypto ’regulatory apparatus’
Jerome Powell said that banks were “perfectly able to serve crypto customers“ and suggested that lawmakers should act to address the potential risks to households.
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Kenyan crypto tax bill makes it through Parliamentary Committee
The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of Parliament in Kenya. 89 Total views 2 Total shares A bill defining crypto assets as securities and featuring the capital gains tax on them made it through the Parliamentary Committee. It will be introduced to the lower chamber of Parliament as

GoSats launches Bitcoin cashback rewards card in India
Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app. 622 Total views 6 Total shares Bitcoin (BTC) rewards company GoSats has launched a new cashback rewards card for customers in India, potentially setting the stage for wider mainstream adoption of digital assets in the world’s…

Price analysis 5/17: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, BCH, LTC, UNI
Bitcoin (BTC) plummeted to an intraday low near $42,000 today, dropping 35% from its all-time high at $64,849.27. Over the weekend the selling intensified as news that Tesla may have sold its Bitcoin holdings made waves, and even after this was proven to be untrue, Bitcoin’s market dominance had still been pulled down to a three-year low…

The Yam Protocol Will Migrate Old Tokens to an Audited Contract
The saga continues... After the original Yam Finance protocol collapsed due to a single line of code, its developers are planning to relaunch the project on new, audited smart contracts.In a blog post published on Friday, the developers outlined a migration plan that will see the already existing tokens get transferred on a new smart…

Analysts say $60K Bitcoin price signals BTC has ample ‘room to run’
Bitcoin (BTC) bulls finally mustered enough strength to push the top-ranked cryptocurrency through the $60,000 level and citing key on-chain metrics, analysts believe the bull run has a ways to go before reaching any considerable resistance.Since pushing back above $50,000 on March 9, every dip in Bitcoin price has been quickly purchased by institutional investors…

OKX to extend offers in Dubai after securing a provisional license
The license will allow crypto exchange OKX to offer services and products to investors and financial services providers in Dubai. 171 Total views 5 Total shares Crypto exchange OKX has acquired a provisional virtual assets license granted by the Dubai Virtual Assets Regulatory Authority (VARA), allowing them to offer additional services to qualified investors and…

US Court of Appeals reboots HEX manipulation case against Binance.US
A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token.

Galaxy Digital to acquire crypto custodian and services provider BitGo
Under the acquisition’s terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash. 7365 Total views 15 Total shares Galaxy Digital, a crypto and blockchain-focused financial services and investment manager founded by Mike Novogratz, is set to acquire institutional crypto custodian service and wallet…