The U.S. Financial Accounting Standards Board (FASB) is set to revise accounting standards, allowing companies to assess cryptocurrency holdings based on fair value.
Cardano founder Charles Hoskinson has asserted that the survival and growth of the crypto industry are no longer dependent on Bitcoin. He argues that newer technologies have significantly outstripped Bitcoin in functionality.
The chatbot Grok, developed by Elon Musk’s team, was asked by X's users if it deals with cryptocurrency. In response, Grok revealed its passion for crypto dating back to its very beginnings.
This initiative offers a residency visa and a pathway to citizenship to 1,000 individuals who invest $1 million in Bitcoin or Tether in the country.
“I've always been deeply opposed to bitcoin, crypto, etc.,” JPMorgan Chase CEO Jamie Dimon told senators in a hearing examining the U.S. banking industry. He even expressed a desire to ban cryptocurrencies if he had the authority.
The excnhage is extending its offering of spot crypto trading on its international exchange as part of its global expansion strategy.
The Financial Services Commission (FSC) of South Korea has announced that by July 2024, investors in digital assets must receive interest on funds held on exchanges.
Crypto enthusiast Preston Pysh has scrutinized the recent proposals by the Financial Crimes Enforcement Network (FinCEN) aimed at tracking all cryptocurrency transactions. He contends that these rules are in conflict with several US laws and the Constitution, and they do not align with the traditional scope of bank transfers.
The platform will offer zero trading fees and a unique feature where customers receive a percentage of their monthly trading volume in Bitcoin.
