The crypto community has witnessed some intriguing debates over the past day igniting the discussion panels. Recently hacked WazirX founder Nischal Shetty retorted to CoinSwitch CEO’s allegations on fund movements sparking much debate among degens. However, Michael Saylor caught the spotlight by suggesting handing Bitcoin custody to ‘big banks’. MicroStrategy
John Deaton and Elizabeth Warren engaged in a Senate debate on cryptocurrency regulations, showing clear differences in their views. Deaton, a crypto advocate, argued for a balanced approach. He warned that over-regulation could stop innovation in the sector. He pointed to Bitcoin and XRP as examples of crypto’s ability to
As the US Elections draw closer, the crypto community is waiting with bated breath to witness the regulatory reforms. However, they have also been observing the candidates’ approach to digital assets to reaffirm their political stance. While the Republicans have taken the lead in this regard, the Democrats continue to
Satoshi Nakamoto’s identity and the HBO documentary are the day’s talks for the crypto community. The HBO documentary has attempted to uncover the true identity of the creator of Bitcoin. Meanwhile, Ryan Salame, the former FTX executive’s 7-and-a-half-year prison sentence began in the past day. In reflection, the FTX token
The Web3 community after a recent slump has begun to stir up its activity. Meanwhile, the looming US elections and FED reports have influenced the sector’s different aspects. While prices have shown mixed signals, the industry itself has become vibrant. A recent report stated that almost 7.51% of the global
The crypto community spurred into action on the release of Binance Founder and former CEO Changpeng Zhao. CZ as speculated by the community was released on Friday after serving his term of four months in a correctional facility in Long Beach California. The cryptocurrency community has flipped to the positive
In the last 24 hours, the crypto regulatory sphere has sprung into action. While a convict in the FTX collapse, Caroline Ellison received her court statement, Sam Bankman-Fried’s case was further extended. On the other hand, Congressman Tom Emmer bashed Gary Gensler in a recent court meeting on his approach
The crypto community worldwide has its eyes set on Singapore’s Token 2049, as enthusiasts gather to discuss blockchain, web3, and everything crypto. Meanwhile, presidential candidate Donald Trump garnered market attention by making his first crypto payment at a Bitcoin bar. Amid such intriguing cryptocurrency advancements, the US state of Louisiana
The U.S. Securities and Exchange Commission (SEC) has reinforced its strict stance on limiting crypto custody services for banks and regulated financial firms. In a recent talk at a banking conference on September 9, SEC Chief Accountant Paul Munter reaffirmed the agency’s firm position on rules governing the custody of
Crypto firms’ services banks, in other words, crypto-friendly banks are a declining group of financial organizations within the sector. However, they have not been spared from regulatory impediments in the past. Recently, one specific, United Texas Bank caught the attention of the US Federal Reserve. The regulator has stated allegations
