Tag: Business
Drafting of UK Regulatory Framework for Crypto and Stablecoins Expected in Early 2023
The United Kingdom is set to establish a regulatory framework for the crypto industry by early 2023, as announced by Economic Secretary Tulip Siddiq during a conference in London. This move aims to bring...
Bitcoin Outperforms in Eurozone Due to Weak Euro
Bitcoin has been making headlines recently as it continues to outperform in the Eurozone due to the weakening Euro. The cryptocurrency has seen a surge in value against the Euro, attracting investors and traders...
Solana Reaches Record High of $264 with $100 Billion Monthly DEX Volume
Solana (SOL) has surged to a new all-time high of $264, exceeding its previous peak of $259 in the last 24 hours, as reported by CryptoSlate data. This achievement showcases the remarkable momentum of...
Bitcoin ETFs See Record Inflows of $6 Billion in November
Bitcoin ETFs have seen a significant increase in investment, with total inflows reaching $6.165 billion as of November 21st. This surge in investment includes a record-breaking $1.005 billion inflow on November 21st alone. The...
Offering Crypto Directly to Clients: Charles Schwab’s New Approach Under Incoming CEO
Financial services giant Charles Schwab is gearing up to offer crypto investments directly to its clients, according to Rick Wurster, the incoming CEO. In an interview with Yahoo Finance, Wurster mentioned that the bank's...
XRP Price Jumps 25% as Ripple Overcomes Headwinds
XRP saw a significant 25% increase in price following the news of Gary Gensler's upcoming departure as chairman of the U.S. Securities and Exchange Commission (SEC). This surge in XRP prices occurred within a...
Gary Gensler Will Step Down as SEC Chair When Trump Assumes Office
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission, has announced that he will be leaving the agency completely on the day that Donald Trump becomes the president in January. This means...
U.S. SEC Crypto Lawsuit Loss Over ‘Dealer’ Definition in Crypto Industry
The U.S. Securities and Exchange Commission (SEC) recently faced a setback in a Texas federal court regarding its expanded definition of a securities dealer that included firms in the cryptocurrency sector. This ruling came...
The Media’s Fascination with Cryptocurrency’s Dark Side
The fascination with the dark side of cryptocurrency has been a hot topic lately, with social media feeds flooded with crypto enthusiasts touting the success of bitcoin. But how did we get here? Why...
New Title: SEC Chair Gary Gensler Resignation Effective Jan. 20
SEC Chair Gary Gensler will be resigning from his position on Jan. 20, 2025, according to a recent Commission statement. Gensler, who has been in the role since April 2021, expressed his gratitude for...
