Louisiana signs bill to ban CBDCs, protect right to self-custody and mine crypto

Louisiana Governor Jeff Landry signed a bill to prohibit central bank digital currencies (CBDCs) and protect crypto mining on June 19. The bill, HB 488, prevents governing authorities from accepting or requiring... Read more »

JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal

Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to... Read more »

South Korean researcher sees risks with spot crypto ETFs

Share this article A recent report from the Korea Institute of Finance cautions against introducing spot cryptocurrency exchange-traded funds (ETFs) in South Korea, arguing the risks outweigh potential benefits at this time.... Read more »

Cathie Wood says she will vote for Trump as he is ‘best’ choice for US economy

Ark Invest CEO Cathie Wood said she intends to vote for former US president Donald Trump in the forthcoming November elections. Wood revealed her intentions during an interview with financial analyst Kevin... Read more »

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings

Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on... Read more »

US Government to Report Seized Crypto as ‘Nonmonetary Property’

The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The... Read more »

Crypto’s dirty little secret? It’s safe

The following is a guest post by Ben Mills, Co-Founder at Meso. The U.S. Securities and Exchange Commission blessed Ether and Bitcoin ETFs, and the U.S. House passed FIT-21 with bipartisan support.... Read more »

Crypto Portfolio Tracker Coinstats Confirms Security Breach; Temporarily Shuts Down App

According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the security breach on June 22, which impacted 1,590 user wallets, The Coinstats team has... Read more »

CoinStats suspends app after security breach compromises 1,590 wallets

CoinStats, the crypto portfolio app, has temporarily shut down its application to address a security incident. The company stated the breach was limited to 1,590 wallets or 1.3% of all CoinStats Wallets.... Read more »

Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities

The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced an accelerated process for onboarding virtual asset service providers. The... Read more »
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