Texas District Court reverses Tornado Cash sanctions

As Bitcoin price trade sideways, traders are keeping an eye out for new purchases from institutional investors in order to gauge whether BTC's correction is over. MicroStrategy’s recent purchase of 314 Bitcoin at an average price of $31,808 is a mild sentiment booster but it may not be enough to arrest the decline if buyers do…

Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram. 321 Total views 26 Total shares While some major Chinese cryptocurrency-related publications seem to be shutting down, a number of local news agencies continue running by moving to social media like Twitter.China’s most…

The e-HKD CBDC Pilot Programme will enter phase 2 following praise from the city's monetary authority. 59 Total views 1 Total shares Payment processor Visa has completed the Hong Kong Monetary Authority's central bank digital currency (CBDC) Pilot Programme with HSBC and Hang Seng Bank.According to the November 1 announcement, the e-HKD Programme involves tokenization

Ripple’s new win in the legal battle against the United States securities regulators has been marred for crypto enthusiasts by news of the blockchain platform LBRY shutting down operations, which has triggered the community to react.The U.S. Securities and Exchange Commission (SEC) announced its intention to dismiss all claims against Ripple CEO Brad Garlinghouse and

Social media giant Facebook has reportedly held talks with major United States-based crypto exchanges about the issuance of its own crypto, the Financial Times (FT) reports on May 24.Citing two people familiar with Facebook’s “Globalcoin” project, the FT wrote that Facebook has discussed the initiative with major crypto exchange and wallet Coinbase. The article also…

Spain’s second-largest lender will allow its clients to buy, sell and manage cryptocurrencies on its mobile banking app. Banco Bilbao Vizcaya Argentaria (BBVA) announced on March 10 that it had received the nod from Spain’s securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), to offer Bitcoin (BTC) and Ether (ETH) trading services to

Kalin Metodiev, the co-founder and managing partner of crypto lender Nexo stated his firm was “surprised” by the way in which eight state regulators publicly took action against it for securities violations.Earlier this week the California Department of Financial Protection & Innovation (DFPI) filed a desist and refrain order against Nexo’s Earn Interest Product, claiming…

FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill. A proposed $24 billion tax bill from the United State IRS will likely suck up any “meaningful recovery” that was meant for victims of FTX, according to the bankrupt crypto exchange. The United States tax authority

The Bank of Thailand doesn’t want local banks or businesses using crypto, while the tourism ministry is still trying to attract crypto whales. 611 Total views 23 Total shares The Bank of Thailand has stated that it does not want commercial banks to be directly involved in the trading of crypto assets.The edict came from…