On Thursday, Rostin Behnam, chairman of the CFTC, predicted that Bitcoin’s value might “double in price” if it were sold in a CFTC-regulated market. The chairman noted that the crypto market has “a massive opportunity for institutional inflows that will only occur if there’s a regulatory structure.” The remarks come
Radix, the asset-focused DeFi smart contract platform, has now launched the Alphanet test network in anticipation of the impending Babylon release. The current Radix Public Network will get its first significant upgrade with the release of Babylon. Among all available options for DeFi, only Radix offers a comprehensive stack. Radix
The exchange must disclose how much money was collected via the sale of tokens. Parent Firm 2TM criticized Brazil’s governing bodies on the regulation of crypto. Securities authorities in Brazil have demanded details on the digital tokens produced by Mercado Bitcoin. The largest cryptocurrency exchange in Latin America. Mercado Bitcoin
On Monday, Snowden officially became a Russian citizen. Snowden has been an advocate of BTC and has been involved in development of Zcash. U.S. cyberattacks and abroad surveillance operations have continued for over a decade after whistleblower Edward Snowden revealed the US government’s extensive surveillance infrastructure to spy on Americans
Do Kwon asserts he had no participation in the alleged transfer of 3,310 BTCs to KuCoin and OKX. South Korean authorities recently asked Interpol to issue a red notice on Kwon. Do Kwon, the founder, and CEO of Terraform Labs rejects controversies regarding the recent cashout allegations. In the latest
The round was spearheaded by the bitcoin-focused investing group Ten31. The funds will be used to branch out and form new alliances. According to a press release, Strike, a major payment provider for the Bitcoin Lightning Network has secured $80 million in a series B fundraising round spearheaded by the
It will help Japan to reduce crypto-related money laundering. These grants authorities the power to make information requests to exchanges. Japan has decided to revise an existing regulation on money laundering in an effort to reduce the prevalence of crypto money laundering. The worldwide threat of cryptocurrency money laundering and
3313 BTC was transferred to both the Kucoin and OKX wallets. This was allegedly done shortly after Kwon’s arrest warrant was issued on September 14th. Luna Foundation Guard [LFG] transferred 3313 Bitcoins worth over $69 million to two cryptocurrency exchanges operating outside of South Korea. This was allegedly done shortly
Over 1% was lost by the S&P 500, while 0.5% was lost by the NASDAQ-100. In the last 24 hours, BTC has risen by more than 5%, trading at $20.2K now. Astoundingly, the cryptocurrency market has surged. Bitcoin’s price has risen from the $18,000-$19,000 level to the $20,000 mark. Over
The structure of the bill also suggested that disclosure amounts be more specific. The chair of the Committee on House Administration proposed the initiative. Members of Congress, the Senate, and the Supreme Court who are also cryptocurrency traders may be required to halt their activities while in office if a
