California Governor Newsom Vetoes Bill to Regulate Crypto — Calls for ‘More Flexible Approach’

California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed thata more flexible approach is needed” a “keep up with rapidly evolving technology and use casesin the crypto sector. Bill to Regulate Crypto......

Tether Reveals USDT Stablecoin Is Now Supported by Polkadot

Tether is now live on 15 different blockchain networks, according to the companys latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoins new support follows the token being added to......

US Treasury Seeks Public Comments on Crypto-Related Illicit Finance and National Security Risks

Los Estados Unidos. Department of the Treasury is seeking public input ondigital-asset-related illicit finance and national security risks.The department warned: “The growing use of digital assets in financial activity heightens risks of crimes such as money laundering, terrorist and proliferation......

Bitcoin-Embracing El Salvador President’s Re-Election Declaration Slammed

Just over a year after overseeing El Salvadors adoption of bitcoin, the Central American countrys 41-year-old president, Nayib Bukele, recently declared his intention serve another five-year term. The announcement has been criticized by some who have been quick to remind Bukele......

US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations

A NOSOTROS. Senator Pat Toomey says Congress should step in and provide a regulatory framework for cryptocurrency. He stressed that the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) is not sharing its framework for regulating crypto with lawmakers, noting that Chairman Gary Gensler......

Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules

A Chinese intermediate court based in Beijing recently upheld a lower courts ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the......

Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions

Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this years surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’......

Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform

Gorjeo’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said. Shareholders......

Reporte: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon

A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the countrys capital markets law. In addition to the arrest warrant, prosecutors......

Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’

The chairman of the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized that the vast majority of crypto tokens are securities. SEC......