SEC softens stance around SAB-121: Galaxy Research
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.
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Bison Trails’ new Polkadot API promises faster access to data
The Polkadot Indexer is said to provide a more efficient way to get data from the Polkadot blockchain and its experimental platform, Kusama. 4310 Total views 9 Total shares Bison Trails, a blockchain infrastructure company that was recently acquired by Coinbase, has launched a new Polkadot API that could allow developers to build their applications…

Google to enforce MiCA rules for crypto ads in Europe starting April 23
Google will begin enforcing stricter advertising policies for cryptocurrency services in Europe under the Markets in Crypto-Assets (MiCA) framework, the company said in a recent policy update. The move could be a “double-edged sword” for regulation that may prevent initial coin offering (ICO) frauds, but risks further enforcement gaps, according to legal advisers. Starting April

China Is Opening Doors to Blockchain — Private and Public
The first blockchain industrial park was opened in Shanghai’s Baoshan District in November 2016 with the goal of not only developing blockchain technology for government-related work, but also for connecting the technology with finance, insurance, real estate, intellectual property and other industries.Shortly after the launch in Shanghai, blockchain industrial parks emerged in other cities across…

Texas securities board takes action against hoax ‘Binance’-branded scheme
The Texas State Securities Board has entered an emergency cease and desist order against a shape-shifting, fraudulent cryptocurrency scheme using the Binance brand to lure investors. 2362 Total views 19 Total shares Texan regulators have, for some time now, viewed cryptocurrency investment schemes as a risk to Main Street investors, and have continued to issue…

Taxes of top concern behind Bitcoin salaries, Exodus CEO says
Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said. 501 Total views 6 Total shares Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1…

Indian state governments spur blockchain adoption in public administration
Ever since Bitcoin (BTC) popularized blockchain technology worldwide, the tech has found its way into myriad processes, from finance to public administration.What started as a flex statement for early adopters has now become a way of revamping legacy systems and improving immutability, transparency and decentralization.Despite its proven real-world use cases, most government agencies continue to

Bankrupt crypto exchange QuadrigaCX to start ‘interim distribution’ of funds
Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million ($215 million Canadian) owed to creditors. According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX, interim distribution of funds tied to bankruptcy proceedings will be scheduled "in…

How Chirp solves IoT connectivity challenges: Report
Cointelegraph Research delves into Chirp’s DePIN and how it addresses the problem of the fragmented IoT industry.