Tag: Crypto
Harris Announces Support for Crypto Ahead of Election
Vice President Kamala Harris recently announced her support for cryptocurrency and digital assets as part of her Opportunity Agenda, focusing on economic inclusion and regulatory clarity, especially for Black men looking to invest in...
Bitcoin Dominates Crypto Inflows with $407 Million Amid Election Dynamics
Bitcoin continues to dominate the cryptocurrency market with an impressive $407 million in inflows, as reported by CoinShares. These positive flows are largely attributed to the recent political dynamics in the United States, particularly...
Banq’s Bankruptcy Case Dismissed by U.S. Judge – What Happened next?
Banq, a crypto neobank that filed for Chapter 11 bankruptcy in a U.S. court in Nevada, had its application dismissed by Judge Natalie M. Cox. The judge found that the bankruptcy filing was a...
Challenges of Crypto Staking Taxes: Fitness Coach vs IRS in Court
Fitness coach Josh Jarrett is taking on the IRS in a legal battle over tax policies on staking rewards in the crypto world. Jarrett, who also dabbles in crypto investments, has filed a lawsuit...
Top Two Cryptocurrency Choices for ETF Investors in Charles Schwab Survey
Cryptocurrency is becoming a popular choice among ETF investors, especially Millennials, according to the latest survey by Charles Schwab. The survey, conducted between July 2 and July 20, gathered insights from 2,200 investors, including...
Understanding Bitcoin’s Role in Achieving the American Dream
Bitcoin is increasingly becoming a part of discussions around innovative financial structures, with a recent focus on how it could play a role in mortgage collateral. Homeownership has long been a cornerstone of the...
SEC Sues Cumberland DRW: Legal Action Against Crypto Market Maker
The U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Cumberland DRW, accusing the crypto market maker of being an unregistered securities dealer. The SEC claimed that Cumberland was involved in buying...
SEC Commissioner Criticizes Agency’s Handling of Crypto, Calls It a ‘Disaster’
SEC Commissioner Mark Uyeda recently spoke out against the agency's handling of crypto regulation, calling it a "disaster" for the industry. During an appearance on the Fox Business show "Mornings with Maria," Uyeda criticized...
US Must Catch Up in AI to Avoid Falling Further Behind in Tech Race
The United States has always been a global leader in entrepreneurship, innovation, and technology. From the Industrial Revolution to the Digital Age, the U.S. has set the stage for groundbreaking advancements in various industries....
Ripple Expands Custody Business to Provide ‘Bank-Grade’ Service for Crypto Companies
Ripple, a company known for providing digital asset infrastructure, has recently announced enhancements to its custody service. This new functionality aims to offer crypto businesses a "bank-grade" level of technology to secure their digital...