US lawmakers urge SEC to approve Bitcoin options trading
Representatives Mike Flood and Wiley Nickel urged the SEC’s chair Gary Gensler to stop discriminating against Bitcoin funds in a letter.
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XRP holders ask court to stop the SEC from calling their holdings securities
XRP investors don't want to have their holdings lumped in with Ripple's. 1033 Total views 9 Total shares Several investors in XRP have filed with a Rhode Island court, looking to change the course of the Securities and Exchange Commission's case against Ripple. In response to what it calls "the most significant SEC enforcement action in…

Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?
Bitcoin (BTC) miners in the United States can breathe a sigh of relief after a proposed tax on crypto mining did not make it into a bill to raise the U.S. debt ceiling that appears set to pass.The Digital Assets Mining Energy (DAME) excise tax proposal sought to charge crypto miners a tax equal to…

Texas regulator allows state-chartered banks to hold Bitcoin
The Texas House of Representatives passed a bill to recognize cryptocurrencies under commercial law last month. 1150 Total views 4 Total shares A Texas state regulator has officially affirmed that Texas state-chartered banks are allowed to store cryptocurrencies like Bitcoin (BTC) for their customers.The Texas Department of Banking, a state regulatory agency chartering state banks…

Bonsai bonanza as Zenft studio sells out $2 million NFT drop in one hour
While the short-term market outlook for many NFT projects look uncertain and multiple new releases struggle to gain traction, one gardening-themed drop may have set some records by selling 8,888 NFTs in just under an hour.Nonfungible token studio Zenft released a line of 8,888 unique bonzai NFT plants that quickly sold out last night, with…

Report: Chinese Guangzhou Gov’t Unveils $140M Blockchain Subsidy Fund
The Guangzhou government has announced a $140 million subsidy fund to encourage the development of blockchain initiatives.The local authorities are reportedly planning to spend 1 billion yuan ($141 million) to selectively sponsor two blockchain-related projects per year, according to a tweet of a senior exec at crypto investment holding firm Primitive Ventures.“No-coin” public chainsCiting a…

Uzbeki police get ‘how to seize crypto’ training from UN security org
Uzbekistan's law enforcers were educated on blockchain analysis topics and methods for seizing crypto. 167 Total views 2 Total shares The Organization for Security and Co-operation in Europe (OSCE) organized a five-day training course on cryptocurrencies and Dark Web investigation for Uzbekistan's police and prosecution forces. The course is a part of OSCE’s consistent efforts…

Coincheck Owner Mulls Addition of Crypto to Its Retail Offerings
Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, is considering adding crypto to its retail client offerings in a bid to become more competitive in the local brokerage market. The news was reported by Bloomberg on April 15.As previously reported, Monex acquired Coincheck in April 2018 in the wake of…

BNB rallies to $600 and traders call for higher — Does data support this view?
Many traders believe Changpeng Zhao’s release will send BNB price into the $700 to $1,000 range, but does BNB Chain activity support this view?