Elon Musk faces accusations of insider trading and market manipulation in a proposed class action lawsuit filed by Dogecoin investors, claiming he defrauded them while promoting himself and his companies.
Circle removes reserves from US Treasuries to any sort of turbulence in the bond market as the US lawmakers have been scrambling to avoid the first government default.
The guideline from the UAE Central Bank also outlines due diligence procedures which the financial institutions need to follow while dealing with the customers of virtual assets service providers (VASPs).
Russia plans to create regulatory framework that would have reduced risks of sanctions, concerns over market dominance, and cyberattacks on infrastructure.
The committee looking after the growth of the Web3 industry plans to allocate a total of 100 million yuan ($14 million) annually until 2025.
BTC and ETH could react differently than traditional markets in the case of a US default. However, Bitcoin is likely to outperform Ethereum in this scenario.
The Winklevoss twins advised UK lawmakers not to “politicise” their regulatory stand towards digital assets.
The Florida Governor said that people currently in the Washington are out after Bitcoin and ion re-elected, they would kill BTC in the next four years.
Hong Kong's Securities and Futures Commission (SFC) will allow retail investors to trade digital assets on licensed crypto trading platforms that implement guidelines for cybersecurity, asset custody, and investor protection.
VISA is testing accounts abstraction on Ethereum's Goerli testnet to enable transaction-free payments and enhance user experience by removing the need for ether (ETH) for fees and allowing payment with any token.