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President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House

This announcement comes amidst debates and discussions in Congress today regarding the regulation and oversight of digital assets.

FBI Warns Americans Against Using Non-KYC Crypto Money Transmitting Services

The FBI says crypto money transmitting services that purposely break the law or knowingly facilitate illegal transactions will be investigated.

Nigeria Blocks Access To Coinbase, Binance and Kraken As Naira Falls To Record Lows

An adviser to the President of Nigeria stated that crypto should be banned within the country.

Bitcoin And Crypto To Be Measured At Fair Value Under New FASB Rules

The new rules are set to go into effect in December 2024, but companies will be able to apply them earlier than that.

US Senator Elizabeth Warren Introduces Bill To “Crack Down” on Bitcoin And Crypto

Senator Warren stressed that digital currencies are used as an avenue for criminal activities, and that must be addressed through stringent regulatory frameworks.

JPMorgan CEO Jamie Dimon Tells Congress He’d “Close Down” Bitcoin And Crypto

The renowned banking executive stated that if he held a position in the government, he would "close down" Bitcoin and cryptocurrencies.

Block’s Decentralized Bitcoin Protocol tbDEX Goes Live In Africa

The protocol has already seen its first adoption by Yellow Card, Africa's leading cryptocurrency exchange.

World’s Largest Bitcoin, Crypto Exchange Binance Founder CZ To Resign As CEO, Plead Guilty

Binance, as a company, will also plead guilty and pay a $4.3 billion fine.

Germany’s Fourth Largest Bank Commerzbank Granted Bitcoin And Crypto Custody License

The newly acquired license empowers Commerzbank to forge ahead in establishing a comprehensive range of digital asset services.
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