A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF. White House press secretary, Karine Jean-Pierre, declined to answer questions from a reporter on whether United States president Joe Biden will return the $5.2 million in campaign donations previously given by FTX founder Sam...Continue Reading

The consultation paper will give an insight into how certain crypto assets should be regulated alongside frameworks for company licensing, asset custody and consumer protections under token mapping. Australian Treasurer Jim Chalmers has revealed that the government will release a consultation paper in early 2023 as part of its token mapping initiative. The crypto sector...Continue Reading

The move comes in response to a wave of mainstream media attacks and FUD, primarily from the Wall Street Journal. The world’s largest stablecoin issuer, Tether, has pledged to eventually stop the practice of lending out funds from its reserves, saying it is “mission critical to restore faith” in the crypto market.  In a Dec....Continue Reading

The “PayPal Mafia” including co-founders Peter Thiel and Elon Musk have slammed the payments platform over its “totalitarian” debanking policies. PayPal’s former leadership, also known as the “PayPal Mafia,” have slammed the payments giant for its debanking policies of late, with one co-founder calling the freezing of funds “totalitarian,” while another compared it to an...Continue Reading

In a win for crypto app developers, incoming EU laws will force Apple to permit alternative app stores and apps without the need to go through its App Store. Tech giant Apple is gearing up to permit third-party app stores on its devices to comply with new anti-monopolistic requirements from the European Union (EU), which...Continue Reading

The community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities according to the Howey Test. The Commodity Futures Trading Commission (CFTC) has again labeled Ether (ETH) as a commodity in a Dec. 13 court filing — in contrast to statements from chief Rostin Behnam on Nov....Continue Reading

This is the first time an EU Member State will use blockchain technology for bank and insurance guarantees, according to Algorand. Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy’s banking and insurance markets. The Algorand-supported platform is expected to be...Continue Reading

Blockchains aren’t meant to provide big banks with another venue for imposing new fees on users. Only one of the following news items is real, but someday, all will sound equally comical. Headline, 1896: The owner of Wagoneer & Sons, a leading horse-drawn carriage maker, has announced the adoption of a new machine called the...Continue Reading