News

A federal court ordered crypto exchange Kraken to turn over account and transaction information to the Internal Revenue Service (IRS), which said it needed that information to see if any of the exchange's users had underreported their…
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A Redditor and member of the r/CryptoCurrency community claims to be up 25% or $19,500 after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past 18 months. According to the crudely named…
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The United States Securities and Exchange Commission (SEC) will present its response to Coinbase’s first legal defense on July 13, according to a court order issued on Thursday, June 29.In a legal document filing, the SEC submitted a…
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Base, a new layer 2 application-focused protocol by Coinbase, has just one criterion left to fulfill before being ready for mainnet launch.On June 29, the team said the Optimism-powered, Ethereum-secured network has been subject to six…
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The “State Precious Metals Depository Study” bill received bipartisan support and passed 75-38. North Carolina could…
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Michael Saylor’s MicroStrategy has further consolidated its position as one of the largest corporate holders of Bitcoin. As per recent SEC filings, the company added another 12,333 Bitcoin to its portfolio, shelling out a staggering…
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Canadian lawmakers in the House of Commons have shown their support for blockchain technology and cryptocurrencies in a report released by the Standing Committee on Industry and Technology (INDU).The report, which consists of 16 separate…
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In this week’s newsletter, read about the German foreign intelligence agency issuing a dog-themed nonfungible token (NFT) treasure hunt and check out the new NFT stamp collection from the autonomous territory of the Faroe Islands. Find…
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The Federal Financial Supervisory Authority (BaFin), the German financial regulator has reportedly rejected Binance’s crypto custody license application.The news was first reported by Forward Finance citing people familiar with the…
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The growing trend of cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry less transparent, according to the state.Australia's Treasury on 28 June published an official…
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