President of Jump Crypto steps down
Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022.
Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022.
A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees.
The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and establish rules for digital asset miners and node operators.
The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking.
Carole House left her position as a crypto adviser at the New York State Department of Financial Services to rejoin the White House in an election year.
CoinShares will reinvest $39.78 million from the sale of its FTX claim into growth opportunities and enhanced client services.
South Korean researcher Bo-mi Lee highlights crypto volatility and risks, calling for more research and regulatory measures.
According to Odaily, the Swiss Central Bank recently announced that it will extend its pilot project for selling the first batch of tokenized bonds settled with its experimental digital currency, also known as wholesale Central Bank Digital Currency (CBDC), for another two years. The bank described the project as 'very successful'. The Swiss Central Bank stated that using CBDCs for settling and clearing financial transactions could eliminate credit risk. In contrast, all digital bonds issued in the United States so far have been settled with private digital tokens, which do not have the same safeguards as central bank-backed currencies. Moody's Corporation stated in a declaration that the lack of digital cash compatible with distributed ledger technology is often a significant barrier to the development of this technology, and Switzerland is the most advanced country in this field.
Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.
The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting.