Robinhood expands crypto efforts with $200M purchase of Bitstamp
Rep. Tom Emmer (R-MN) joins “Making Money” to discuss a new bill aimed at protecting Americans’ privacy in digital currencies. Robinhood Markets announced on Thursday that it was acquiring Bitstamp. The company said in a press release that it will pay approximately $200 million in cash as part of the deal to become the owner […]
Biden’s attack on crypto may hand the White House to Trump
As a financial regulation lawyer, I can confidently say that financial regulation is one of the most boring subjects on the planet. Some aspects of the field, such as regulatory capital requirements, are incredibly boring and typically the domain of only lawyers who are not only nerdy, but can be seen to be nerdy from […]
SEC Chair Gary Gensler says disclosures not enough to protect crypto exchanges – The Block
Regulation • June 5, 2024 3:38 PM EDT Published 1 minute ago upon U.S. Securities and Exchange Commission Chairman Gary Gensler said on Wednesday that federal securities regulators may still take enforcement action against cryptocurrency exchanges even if they disclose the risks of their products to retail investors. On CNBC interviewGensler said that crypto exchanges […]
Crypto billionaire Michael Saylor pays $40M to settle DC tax fraud case
Billionaire bitcoin bull and MicroStrategy co-founder Michael Saylor will pay $40 million to settle a lawsuit alleging he lied to authorities about his residency for years and committed massive tax evasion, the Washington, D.C., district attorney’s office announced on Monday. Washington, D.C., prosecutors allege that MicroStrategy helped Saylor evade more than $25 million in local […]
President Biden vetoes crypto custody bill – TechCrunch
President Joe Biden vetoed HJRes. 109, a proposed congressional resolution that could have overturned the Securities and Exchange Commission’s current approach to banking and cryptocurrencies. Specifically, the resolution targets the SEC’s Staff Accounting Bulletin 121, which provides guidelines for how banks should handle their customers’ crypto assets, effectively requiring them to treat those assets as […]
The SEC ruling on Ethereum ETFs could mark a historic shift in crypto investing – CNBC
VanEck CEO Jan VanEck sees a major shift in sentiment in the cryptocurrency market related to the U.S. Securities and Exchange Commission approving rule changes to allow Ethereum exchange-traded funds. “This is one of the most amazing things I’ve seen in my career in securities regulation,” Van Eck told CNBC’s “ETF Edge” this week. VanEck […]
Analyst Unveils Key Shiba Inu Buy Zones, Predicts Massive Pump – The Crypto Basic
Crypto analyst Shib Knight revealed the key levels at which he plans to buy Shiba Inu, predicting the ongoing build-up will end with a “massive upside.” Market watchers made this known at a time when Shiba Inu is struggling to hold on to some of the gains it made during the previous uptrend. 17% jump […]
Customers of Winklevoss-run crypto firm are poised to get their frozen assets back in 232% recovery – CNN
Joseph Nair/Bloomberg/Getty Images/File Tyler Winklevoss (left) and Cameron Winklevoss founded the cryptocurrency exchange Gemini in 2014. new york CNN — Cryptocurrency platform Gemini clients can expect to recover more than three times the value of their digital assets lost in the FTX collapse, a rare outcome for creditors caught up in a bankruptcy. Gemini, the […]
Caitlyn Jenner crypto token JENNER sparks confusion: Scam or not? – AMBCrypto News
Caitlyn Jenner’s cryptocurrency debut leaves more questions than answers. Apparently, Jenner and Rich the Kid claimed they had been scammed. The social media accounts of several celebrities and cryptocurrency influencers have reportedly been “compromised” and used to hoard various cryptocurrency tokens. However, one celebrity, Caitlyn Jenner, Solana [SOL]The account advertised the based token JENNER. Apparently, […]
America’s first Bitcoin president: Trump starts taking crypto donations
This article was originally published on Bitcoin Magazine. President Trump said: Website Last week, Trump announced that his campaign to retake the White House would begin accepting donations in Bitcoin. The campaign’s announcement is sure to intensify the conflict between Trump and current President Joseph Biden, who, along with fellow Democratic Senator Elizabeth Warren of […]