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BUSINESS

Mastercard Crypto Credential Launches with “First Peer-to-Peer Pilot Transactions”

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Mastercard says wider availability will roll out to more than 7 million users across participating exchanges.
MARKETS

White House Eager To Work With Congress On Crypto Framework Bill

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The Biden Administration wants to work with Congress to develop regulatory framework for digital assets.
LEGAL

Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto

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The bill now heads to the President's desk.
BUSINESS

President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House

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This announcement comes amidst debates and discussions in Congress today regarding the regulation and oversight of digital assets.
MARKETS

FBI Warns Americans Against Using Non-KYC Crypto Money Transmitting Services

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The FBI says crypto money transmitting services that purposely break the law or knowingly facilitate illegal transactions will be investigated.
MARKETS

Nigeria Blocks Access To Coinbase, Binance and Kraken As Naira Falls To Record Lows

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An adviser to the President of Nigeria stated that crypto should be banned within the country.
MARKETS

Bitcoin And Crypto To Be Measured At Fair Value Under New FASB Rules

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The new rules are set to go into effect in December 2024, but companies will be able to apply them earlier than that.
MARKETS

US Senator Elizabeth Warren Introduces Bill To “Crack Down” on Bitcoin And Crypto

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Senator Warren stressed that digital currencies are used as an avenue for criminal activities, and that must be addressed through stringent regulatory frameworks.
MARKETS

JPMorgan CEO Jamie Dimon Tells Congress He’d “Close Down” Bitcoin And Crypto

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The renowned banking executive stated that if he held a position in the government, he would "close down" Bitcoin and cryptocurrencies.
BUSINESS

Block’s Decentralized Bitcoin Protocol tbDEX Goes Live In Africa

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The protocol has already seen its first adoption by Yellow Card, Africa's leading cryptocurrency exchange.
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