U.S. House Will Have Crypto Bill in 2 Months: McHenry
The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Rep. Patrick McHenry (R–N.C.), chair of the House Financial Services Committee.
Why Cloud Services is Important in Blockchain and Crypto Ecosystems?
In this article, we’ll explore why cryptocurrency companies are partnering with cloud suppliers, the benefits they can expect to gain, and how this collaboration can contribute to the growth and adoption of blockchain technology.
46% of Millennials Across Major Economies Own Crypto: Bitget Research
A Bitget survey of approximately 255,000 adult respondents from 26 countries between July 2022 and January 2023 has found that 46% of millennials across major population countries own cryptocurrencies, compared with 25% of Gen X, 21% of Gen Z, and 8% of baby boomers. The survey also found that 27% of millennials and 36% of Gen Z respondents considered cryptocurrency regulation an important factor when voting for political candidates. Other studies have also found that Gen Z and millennials have the highest adoption rates for cryptocurrencies out of all population groups. In October 2022, a Charles Schwab survey revealed that almost 50% of Gen Z and millennials want crypto in retirement funds.
Ex-SPAC CFO Gets 3 Years in Scheme to Trade Meme Stocks, Crypto
Cooper Morgenthau, 36, of African Gold Acquisition Corp., admitted stealing the money from the SPACs for more than a year beginning in June 2021. He was sentenced in a hearing on Thursday, Manhattan US Attorney Damian Williams said in a statement.
FTX Confirms Plans to Restart Japanese Exchange and Postpones Sale Process
The Japanese exchange will now introduce a "License & Restart Award" Key Employee Incentive Program (KEIP) to incentivize seven critical employees.
Hong Kong is On the Path to Become a Hub for Crypto Capital Markets, CEO of RockTree Capital
Omer Ozden, CEO of RockTree Capital, urged Hong Kong regulators and financial institutions to continue to embrace Web3 in order for it to become a hub for crypto capital markets increasing Hong Kong’s global competitiveness.
US SEC’s Gensler Releases Another Video Dig at Crypto Industry
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler took his crypto-critical message to the web again with a new investor-protection video Thursday cautioning people about digital assets businesses that are breaking securities laws.
SEC Chairman Gary Gensler's Dog-Goldfish Analogy Draws Criticism from Crypto Community
Gensler compared crypto platforms offering "investment contracts" to walking a dog without a leash and calling it a goldfish to avoid legal issues.
'I'm Trying to Put the Cryptography Back in Crypto', Says Chelsea Manning
"I'm trying to put the cryptography back in crypto," Manning, the former U.S. Army private who spent seven years in prison for one of the largest leaks of documents in military history, said Thursday at Consensus 2023 here. She added that she is "skeptical of speculative assets in general. This goes for both fiat as well as digital."
Former CFTC Chair Timothy Massad Among Witnesses for House Crypto Hearing
The House Subcommittee on Commodity Markets, Digital Assets, and Rural Development has provided the witness list for Thursday's hearing examining regulatory holes in crypto spot market regulations.
