Chamber of Digital Commerce Backs Kraken in Legal Clash with SEC

by Александр Пирогов | Feb 28, 2024 | Blog News

The Chamber of Digital Commerce (CDC) has stepped into the legal fray between the 12-year-old crypto exchange Kraken and the U.S. Securities and Exchange Commission (SEC), filing an amicus curiae brief in support of Kraken. As the world’s largest digital asset...

Senate Reintroduces CBDC Anti-Surveillance State Act to Safeguard Financial Privacy

by Александр Пирогов | Feb 28, 2024 | Blog News

The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with bipartisan support from U.S. Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd, and Mike Braun. Aimed at curbing the Biden administration’s efforts to issue a central bank digital...

Matrixport Files for Virtual Asset Trading License in Hong Kong Amid Regulatory Deadline

by Александр Пирогов | Feb 28, 2024 | Blog News

Matrixport, a prominent cryptocurrency platform, submitted an application for a virtual asset (VA) trading license with Hong Kong’s securities regulator on February 26. Operating under the name Flying Hippo Technologies in its Hong Kong branch, Matrixport joins...

Lima Stock Exchange Lists Bitcoin Spot ETFs, Expanding Investment Options for Peruvian Traders

by Александр Пирогов | Feb 28, 2024 | Blog News

In a significant move, the Lima Stock Exchange (BVL), a prominent Peruvian exchange, has announced the inclusion of three distinct bitcoin spot exchange-traded funds (ETFs) on its trading platform. The exchange revealed that Ishares Bitcoin Trust (IBIT), Vaneck...

SEC’s Postponement in Ripple Lawsuit Sparks XRP Price Surge and Technical Analysis Frenzy

by Александр Пирогов | Feb 28, 2024 | Blog News

The SEC’s decision to postpone briefing deadlines in the ongoing legal battle with Ripple sheds light on the evolving dynamics of the case. This move is seen as a crucial step towards establishing a new schedule, highlighting the importance of regulatory...

House Financial Services Committee Advances Bill to Revoke SAB 121, Paving the Way for Institutional Crypto Adoption

by Александр Пирогов | Feb 28, 2024 | Blog News

The House Financial Services Committee is making significant strides in advancing US Rep Mike Flood’s bill aimed at nullifying the Staff Accounting Bulletin (SAB) 121 rule, a move seen as pivotal for fostering institutional crypto adoption. This development...