CFTC Chairman Clashes with SEC Over Ethereum Custody Plans

by Александр Пирогов | Mar 7, 2024 | Blog News

CFTC Chairman Rostin Behnam has voiced disagreement with the SEC over Prometheum’s Ethereum custody plans, warning of potential conflict within U.S. financial market regulations. Behnam asserted that both Bitcoin and Ethereum are commodities, contrary to the...

Spain Orders Worldcoin to Halt Data Collection Amid Complaints

by Александр Пирогов | Mar 7, 2024 | Blog News

The Spanish Data Collection Agency (AEPD) has directed human identity-focused crypto project Worldcoin (WLD) to cease collecting personal data in Spain following multiple complaints from users. The AEPD mandates Worldcoin to stop data collection and processing,...

UK Adopts OECD Cryptocurrency Reporting Standards, Enhancing Tax Transparency

by Александр Пирогов | Mar 7, 2024 | Blog News

The United Kingdom has officially announced its adoption of the Organization for Economic Co-operation and Development’s (OECD) cryptocurrency reporting standards into its legal and fiscal framework, following the spring budget announcement. The move aims to bolster...

Nexo DWTC Receives Initial Approval for Crypto Operations in Dubai

by Александр Пирогов | Mar 6, 2024 | Blog News

In a significant development for the crypto lending sector, Nexo DWTC announced its preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAE’s...

Stanford University’s Blyth Fund Allocates 7% of Endowment to Bitcoin Investments

by Александр Пирогов | Mar 6, 2024 | Blog News

Stanford University’s Blyth Fund, managed by students, recently made a significant decision to allocate 7% of its endowment toward Bitcoin investments. This move, announced by Kole Lee, leader of the Stanford Blockchain Club, highlights the growing institutional...

Fantom Foundation Secures Legal Victory Against Multichain

by Александр Пирогов | Mar 6, 2024 | Blog News

The Fantom Foundation has reported a significant legal win, as the Singapore High Court has directed Multichain to provide compensation following a breach of contract. In response, Fantom plans to pursue liquidation proceedings through the court to recover community...