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The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.
The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after "careful" consideration, the SEC said no.
The firm's executives were arrested last month on multiple charges.
Stablecoins' widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.
Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.
Legislation will crack down on terrorist organizations like Hamas by applying sanctions to foreign parties that facilitate financial transactions with terrorists.
The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.
Binance determined the application was not necessary "when assessing [its] global needs." The move is unrelated to the exchange's legal settlement in the U.S.
The Financial Conduct Authority (FCA) is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.
The U.S. Department of Justice (DOJ) argues that Binance's former CEO should remain free until sentencing – but only in the U.S.
- 04:28The crucial vote for the approval of Ethereum spot ETF may come from Gary GenslerBased on previous historical experience, the fate of Ethereum spot ETF may be decided by a vote from Gary Gensler, the chairman of the U.S. SEC this week. In January this year, the approval of Bitcoin spot ETF was handled by a panel consisting of five members. Two members who are friendly to the cryptocurrency industry, Hester Pierce and Mark Uyeda, voted in favor of the ETF while Caroline Crenshaw and Jaime Lizárraga voted against it. Gensler also cast his vote in favor eventually; many industry insiders believe that his vote ultimately ensured the approval of Bitcoin spot ETF. The ETF was approved with a 3-to-2 voting result on January 10th, 2024.
- 04:28Pitchbook Analyst: Mergers in the cryptocurrency industry will significantly increase later this year, especially in areas such as exchanges and custodiansPitchbook analyst Robert Le said, "The revival of publicly traded tokens and the continued increase in institutional adoption will drive an increase in venture capital." He further added, "Investment round competition is very fierce, especially at the early stages. What's more complex is that valuations for early deals are higher than later ones... We will observe whether this trend continues over the next few quarters." In addition, he predicts that as the market matures, there will be an increase in mergers within the crypto industry later this year, particularly among cryptocurrency exchanges, custodians and infrastructure providers.
- 04:10The current circulating supply of RSS3 is 730 millionRSS3 posted on the X platform stating that 1 billion RSS3 were created at genesis, and the current circulating supply is 730 million.
