John is a dedicated writer and enthusiast in the ever-evolving world of cryptocurrency. Despite not initially choosing the digital asset industry, he has become deeply engrossed in it for over two years. His passion lies in unraveling the complexities of blockchain technology and sharing insights on the latest trends in the cryptocurrency realm. John’s day
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The recent Wells notice issued by the U.S. SEC to OpenSea has brought to light the potential implications of digital-asset regulation. The SEC is raising concerns that certain NFTs traded on the platform may be classified as unregistered securities, implying that OpenSea itself could be in violation of securities laws. This development has raised questions
Ryan Salame, a former FTX executive, recently withdrew his petition to dismiss the indictment against Michelle Bond just days before a critical court hearing. Salame was sentenced to 90 months in prison in May 2024 for conspiracy charges. Bond, a former congressional candidate, was accused of conspiring with Salame to unlawfully finance her 2022 campaign.
Congressman Wiley Nickel (D-NC) has recently taken a firm stance against the US Securities and Exchange Commission (SEC), accusing the agency of eroding trust in the regulatory system with its “regulation by enforcement” approach. His criticism highlights the detrimental impact of the SEC’s methods on digital innovation in the United States. Nickel’s vocal support for
In a recent announcement, Takeru Saito, Japan’s Minister of Economy, Trade, and Industry, unveiled tax reforms aimed at fostering the growth of startups in the Web3 and blockchain sectors. This move signals Japan’s commitment to supporting Web3 innovation and creating a conducive environment for technological advancements. The reforms were introduced during the WebX Conference, Tokyo’s
NFL Rivals, the popular mobile game licensed by the National Football League (NFL) and the NFL Players Association, has recently formed an exciting new partnership with the Kansas City Chiefs, the reigning champions of Super Bowl LVIII. This collaboration marks a significant milestone for NFL Rivals as it enters its second year and establishes itself
Crypto.com, a well-known cryptocurrency exchange based in Singapore, has recently announced a partnership with Standard Chartered, a multinational banking institution. This partnership aims to offer fiat services to retail users worldwide. By leveraging Standard Chartered’s banking and payment solutions, Crypto.com will enable users to make deposits and withdrawals in the United States dollar (USD), the
Telegram CEO Pavel Durov has recently been released from prison but placed under judicial supervision with strict conditions. This includes the deposit of a €5 million bond and a prohibition from leaving French territory. Durov must also report to the police station twice a week as part of his bond conditions. The Paris Judicial Court
The latest report by TRM Labs has shed light on a troubling trend in the cryptocurrency industry – the prevalence of illicit activity at crypto ATMs. Unlike traditional cryptocurrency exchanges, these machines lack stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, making them a magnet for criminals looking to anonymously move funds. The
An individual named Opeyemi has found himself deeply immersed in the world of cryptocurrency despite it not being his initial career path. Over the course of two years, Opeyemi has dedicated his time to understanding and unraveling the intricate complexities of blockchain technology. He is drawn to the ever-changing landscape of digital assets, often spending