Congressmen Tom Emmer and Darren Soto have introduced the Securities Clarity Act. The bill seeks to clarify the classification of digital assets. It aims to exclude investment contract assets from the definition of security. It will also provide certainty for…
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Will Crypto Companies Be Enticed by France’s Attractive Regulations?
The cryptocurrency industry was created out of the necessity to overhaul traditional finance. But it seems like the road to adoption is blocked by obstacles. The United States government and regulatory bodies seem to treat crypto as a risky endeavor…
Blaming Crypto for Bank’s Epic Failure Questioned by U.S. Senator
On May 16, the Senate held a hearing to examine the recent bank failures that rocked the United States financial system. One of the witnesses is Scott Shay, the former chairman, and co-founder of Signature Bank. Senator Cynthia Lummis, a…
Zimbabwe Innovative Gold-Backed Crypto to Fight Woes
The African Country of Zimbabwe has launched its new gold-backed crypto to help the state with its economic challenges. Zimbabwe is experiencing high inflation, which is affecting its citizens. Zimbabweans are swapping their local currency in favor of the U.S.…
Altcoins at a Glance – Important Updates for the Week
Welcome back to Altcoins at a Glance. Bitcoin is the king of crypto, but we have thousands of other projects trying to jostle for our attention. No single person can keep up with all these projects, so we decided to…
Crypto as a Right Proposed in a Progressive Texas Resolution
Texas will probably be one of the safest U.S. states for the crypto industry in the future. A new bill was introduced in the Texas House of Representatives that seeks to extend the Bill of Rights to digital currencies. This…
LimeWire to Use Crypto Giants for New Token Sale
LimeWire, a once popular peer-to-peer file-sharing platform, is making a comeback as a non-fungible token (NFT) marketplace for creators and artists. Powering the new ecosystem is its utility token, LimeWire Token (LMWR). LMWR can be purchased using cryptocurrencies like Ethereum…
Bitcoin to be Accepted in Liechtenstein
Liechtenstein, a small European country known for its financial innovation and stability, is planning to accept Bitcoin (BTC) as a payment option for state services, according to Prime Minister Daniel Risch. The proposal envisages immediately swapping any cryptocurrency received for…
Altcoins at a Glance – the Latest About AVAX, PEPE and SHIB
Welcome back to Altcoins at a Glance. We know that time is precious, so we have prepared a summary of the latest and most interesting news about your favorite altcoins. We aim to keep you updated in under five minutes.…
Balaji Srinivasan Sparks Conversation with $1 Million Bitcoin Burn – The Intriguing Economics of Crypto Destruction
In a move that has sparked debate, Balaji Srinivasan, former Coinbase CTO and prominent crypto entrepreneur, destroyed $1 million worth of Bitcoin to showcase the concept of “crypto burning.” Srinivasan announced the destruction of his Bitcoin holdings through a tweet…