The U.S. House of Representatives voted 279-136 to approve the Financial Innovation and Technology for the 21st Century Act, with significant support from House Democrats. On Wednesday, the crypto industry achieved its largest-ever U.S. policy victory as the House passed a comprehensive bill to regulate digital asset markets. The vote, which saw Democrats crossing party…
In a historic move that sets a precedent for decentralized autonomous organizations (DAOs), 1inch DAO, the entity behind the 1inch Network, has voted to secure “legal advisory services” from STORM Partners. Notably, this decision comes amid growing regulatory scrutiny on the crypto and decentralized finance (DeFi) sectors. 1inch DAO Votes To Onboard STORM Partners For…
Two months before El Salvador’s next presidential election, President Najib Bukele has relinquished his leadership. What does this mean for El Salvador? At the beginning of December, just two months before El Salvador’s next presidential election, President Najib Bukele relinquished his leadership of the country. This came as a surprise to the rest of the…
The long-awaited release of El Salvador’s Volcano Bond is finally set. It has received regulatory approval and will open for trading early next year. A December 11th statement from The National Bitcoin Office (ONBTC) of El Salvador says that the Volcano Bond was approved by the Digital Assets Commission (CNAD). ONBTC states they “anticipate the…
Bitcoin soared to $40,105 on Sunday, marking its highest valuation in nearly a year and a half. The surge is attributed to growing optimism among investors, fueled by speculation that U.S. regulators are set to greenlight stock-market traded bitcoin funds. Bitcoin briefly soared to $42,066 on Monday, marking its highest valuation in nearly a year…
Bitcoin soared to $40,105 on Sunday, marking its highest valuation in nearly a year and a half. The surge is attributed to growing optimism among investors, fueled by speculation that U.S. regulators are set to greenlight stock-market traded bitcoin funds. Bitcoin soared to $40,144 on Sunday, marking its highest valuation in nearly a year and…
Introduction Argentinian politics has a reputation for being chaotic, volatile, and unpredictable. This trend continued in November 2023, with the election of self-proclaimed anarcho-capitalist and libertarian, Javier Milei. Milei is an economist who has won favor with the Argentinian public for his commitment to dollarizing the economy. His plan to make the US Dollar Argentina’s…
In the latest development surrounding Binance, the world’s largest cryptocurrency exchange, the company has officially canceled its registration in the United Kingdom. The UK Financial Conduct Authority (FCA) approved Binance’s request to deregister Binance Markets Limited (BML) (BML) on May 30, 2023, effectively ending its authorization to provide regulated services in the country. While the…
Crypto investor sentiment has been in the same place for over a month as investors have been hard-pressed to make a decision. This comes amid heightened regulatory headwinds with the United States Securities & Exchange Commission suing the likes of Binance and Coinbase. But could a change be coming soon? Crypto Fear & Greed Index…
Binance.US, in response to the aggressive tactics employed by the Securities and Exchange Commission (SEC) in its ideological campaign against the American digital asset industry, on its official Twitter handle has announced the suspension of USD deposits and impending fiat (USD) withdrawal pause. The exchange cites the need to protect its customers and platform amidst…