A new version of the bill on control over the circulation of crypto-assets has been submitted to the State Duma of Russia. The authors propose, from September 1, 2024, to completely prohibit the “organization of circulation of digital currency,” primarily the transfer from one owner to another. The authors of the project propose to make […]
Sarah
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
Market after halving: what exactly prevents cryptocurrencies from growing
The rise in the value of Bitcoin and Ethereum continued for seven months, starting in September 2023. It looks like this streak will end in April. Reasons: economic situation in the main market, the USA. Bitcoin Bitcoin rose in price by less than 1% in the week from April 19 to April 26. The seven-day […]
a16z Crypto: Crypto startups should think twice and not rush to trade digital assets in the US market
Experts at the venture fund a16z Crypto said that the discrepancy between the vision of decentralization on the part of blockchain developers and the regulatory framework established by the US Securities and Exchange Commission (SEC) has led to risks for crypto market participants. Teams of cryptocurrency startups and their investors need to be very clear […]
WatcherGuru: The oldest US bank BNY Mellon announced its entry into the Bitcoin ETF market
WatcherGuru reported that one of the oldest American depository banks, BNY Mellon, has officially notified the US Securities and Exchange Commission (SEC) of its investments in the Bitcoin spot ETF market. BNY Mellon has issued a formal notice that it is exposed to risk in connection with the commencement of investments in shares of exchange-traded […]
Stephen Nerayoff: “ETH is a security because Ethereum is centralized”
A former advisor to the Ethereum team said that ether has been a security since the initial coin offering (ICO), and accused the network's co-founders of fraud. Steven Nerayoff, in a tweet thread, tried to explain that the Ethereum network has been centralized since its inception, so ETH can be called an investment contract. Ethereum […]
Ki Young Joo: “Mixing cryptocurrencies is not a crime”
CryptoQuant CEO Key criticized the US Department of Justice for arresting the developers of the Samourai Wallet service, saying that cryptocurrency mixing services cannot be called a crime. American law enforcement officers have arrested people seeking to ensure the confidentiality of bitcoins, complains Ki Young Ju. Privacy is considered a core value of Bitcoin, and […]
New rules for confiscation of crypto assets come into force in the UK
UK law enforcement agencies have received expanded powers to confiscate, freeze and burn digital assets used for criminal purposes. On Friday, April 26, new rules for the work of police and investigators came into force. The UK's National Crime Agency (NCA) and police will no longer have to arrest suspects before seizing digital assets. Law […]
Terraform Labs announced its departure from the American market
Terraform Labs announced a decision dictated by the court verdict in a lawsuit filed by the US Securities and Exchange Commission (SEC). US clients will lose access to the company's products, including liquidity provision. Terraform Labs (TFL) has notified that it is limiting access to the products because it expects to receive an injunction against […]
Stripe service restores access to payments in digital assets
The American payment service Stripe announced the resumption of transactions with digital assets – after a six-year break. In the summer of 2024, the team promises to add support for transfers in USDC stablecoins. President and co-founder of Stripe John Collison assured that transactions will be processed on-chain and automatically convert stable tokens into fiat […]
Bloomberg: Pantera Capital intends to raise $1 billion to launch a new crypto fund
Bloomberg, citing informed sources, reported that the American company Pantera Capital intends to raise $1 billion for its new crypto fund Pantera Fund V. The launch of the fund is scheduled for April 2025. According to the information provided, the Pantera Fund V cryptocurrency fund will invest capital in promising startups, tokens, liquid coins and […]