Massachusetts regulator seeks to revoke Robinhood's broker-dealer license
By Helen Partz
State regulators claim that Robinhood has targeted inexperienced investors. Massachusetts’ securities regulator is seeking to revoke the broker-dealer license of cryptocurrency-friendly stock trading app Robinhood in the state.William Galvin, the head of the state’s securities division, said in a new…
Miami commissioner wants to let residents pay taxes in Bitcoin
By Helen Partz
A new resolution would establish a task force to study crypto in Miami-Dade county’s public administration. A Miami-Dade County commissioner is backing a new resolution to allow residents to use cryptocurrencies like Bitcoin (BTC) to pay local taxes.According to a…
Finance officials pour cold water on cryptocurrency amid Coinbase celebrations
By Greg Thomson
Economic gatekeepers are rounding on cryptocurrency as media attention intensifies amid the Bitcoin boom and Coinbase listing. Finance officials from both sides of the globe are taking the opportunity to criticize the value and utility of cryptocurrencies, as media focus…
There will be drama, warns WEF expert on Bitcoin regulation
By Greg Thomson
Recent events in the crypto space have the smell of victory, but only represent small battles in an ongoing war. “Dramatic” changes are on the way. Those who oversee the traditional finance sector won’t just let Bitcoin (BTC) wander off…
US Senate votes to confirm Gary Gensler as SEC chair
Gensler’s confirmation comes almost three months after President Joe Biden first announced he was his pick for the SEC. Voting mostly along party lines, the U.S. Senate confirmed the nomination of Gary Gensler to chair the Securities and Exchange Commission,…
Galaxy Digital submits Bitcoin ETF application with SEC
Mike Novogratz’s Galaxy Digital is the latest Bitcoin exchange-traded fund applicant in the United States. Galaxy Digital has submitted a Bitcoin (BTC) exchange-traded fund filing with the United States Securities and Exchange Commission. According to the form S-1 published by…
Why cryptocurrency is booming in India despite national ban fears
By Greg Thomson
Cryptocurrency is taking off in India despite regulatory fears, which many are now dismissing as nothing but FUD. India has been the subject of intense speculation regarding the future legal status of Bitcoin (BTC) and other cryptocurrencies in recent months.Speculation…
More Russians are disclosing their cryptocurrency incomes: report
By Helen Partz
Consulting firms like PwC Russia said that Russians have been increasingly reporting their income from cryptocurrency operations. The number of cryptocurrency holding disclosures in Russia has been on the rise over the past several months, according to a new report.Russian…
Ukraine’s Civil Servants Report Owning $2.6 Billion Of Bitcoin
A Ukranian government data report indicates that public officials there have declared owning 46,351 BTC, with several whales among them.According to Ukranian government data transparency provider Opendatabot, civil servants in the country have declared owning a total 46,351 BTC (worth…