Nexo Launches Digital Asset Wealth Platform in Strategic Rebrand

October 31, 2024 Bitcoin.com

bitcoin.com

Nexo has announced a rebranding initiative, repositioning itself as a digital asset wealth platform aimed at long-term crypto wealth management. Nexo Targets Wealthy Investors With Rebrand Amid Crypto Market Changes According to the announcement shared with Bitcoin.com News, the development aligns with the evolving crypto landscape as Nexo seeks to cater to experienced investors interested […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

US Treasury strategy for financial inclusion mentions digital assets

October 29, 2024 Coin Telegraph

Coin Telegraph

Lael Brainard credited Vice President Kamala Harris, who is campaigning to be the next US President, with helping expand “access to capital, credit, and economic opportunity.”

The United States Department of the Treasury has released its national strategy for financial inclusion, only including cryptocurrencies as a potential risk for consumers.

In an Oct. 29 notice, the US Treasury said its National Strategy for Financial Inclusion in the United States report resulted from a request from Congress and included recommendations to “advance consumer access to safe financial products and services and strengthen financial security.”

According to the department, one of its methods of financial inclusion was through research of a “series of publications on consumer activities and risks related to digital assets,” citing a September 2022 report.

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says

October 25, 2024 Bitcoin.com

bitcoin.com

A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that foster innovation while protecting investors, in contrast to the U.S., where […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Bitcoin Bill Clears Major Hurdle in Pennsylvania, Signaling Crypto Regulation Changes

October 25, 2024 Bitcoin.com

bitcoin.com

The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax guidelines for bitcoin transactions. The Bitcoin Rights bill, which passed 176-26, now moves to the state Senate, amid growing interest in digital assets as states […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance

October 24, 2024 Bitcoin.com

Bill Hagerty

U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a regulatory framework to boost demand for U.S. treasuries and stablecoins, while his stablecoin legislation aims […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards

October 23, 2024 Bitcoin.com

Bitcoin

A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial markets while fostering a competitive crypto sector. The regulator warned against relaxing standards, advocating instead for collaboration to build a secure foundation for sustainable innovation […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms

October 23, 2024 Bitcoin.com

bitcoin.com

Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased leverage for crypto trading. Tamaki believes these changes […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

Komainu targets Singapore custodian Propine for first acquisition

October 23, 2024 Coin Telegraph

asia expansion

The acquisition of its competitor will net Komainu a Singapore Capital Markets Services License and hope for a Major Payment Institution license in the future.

Digital asset custody provider Komainu has targeted Singapore’s Propine Holdings, the parent company of local custody provider Propine Technologies, for acquisition. The value of the transaction was not disclosed.

If the sale is approved it will be Komainu’s first acquisition, but probably not its last, its CEO said.

The sale of Propine to Komainu requires approval from the Monetary Authority of Singapore (MAS). Propine Technologies holds a Capital Markets Services License issued by MAS to provide institutional custodial services, which Komainu co-CEO Paul Frost-Smith called “an absolutely key factor in building” Komainu in an interview with Bloomberg.

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?

October 22, 2024 Bitcoin.com

bitcoin.com

The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing the reliance on litigation, he argued that case-by-case enforcement delays the creation of a consistent regulatory framework, depriving investors and innovators of necessary guidance. He […]

Former Goldman Sachs Executive Sees One Memecoin Repeating XRP’s Explosive Gains After Bullish Setup

XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike

October 20, 2024 Bitcoin.com

bitcoin.com

Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans to file a cross-appeal, as both parties brace for a prolonged legal […]

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