Business
Social network Reddit reveals plans to go public
On late Wednesday night, the popular social platform Reddit announced that it has started the process of making the company public. The company filed a
Russia to decide between blanket crypto ban and legalizing exchanges in 2022
On Thursday, conflicting reports emerged in Russia on the state of crypto regulatory affairs. First, a report by Reuters indicated that the Central Bank of
US Senate confirms CFTC chair as President Biden announces commissioner picks
Congressional lawmakers confirmed the nomination of Rostin Behnam, a commissioner at the Commodity Futures Trading Commission who had been serving as acting chairperson, to assume
IMF chief economist calls for global policy on cryptocurrency
Gita Gopinath, the chief economist of the International Monetary Fund (IMF), has called for a global policy to be put in place that will regulate
Thailand to define ‘red lines‘ for crypto in early 2022
The government of Thailand is preparing a new regulatory framework for cryptocurrencies like Bitcoin (BTC) in order to minimize risks and improve investor protection. The
Beijing court rejects monetary compensation in Bitcoin mining contract plea
A district court in Beijing has rejected monetary compensation in a Bitcoin (BTC) mining contract plea against a blockchain company. The Chaoyang District People’s Court
Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
A bipartisan group of U.S. senators have called on Treasury Secretary Janet Yellen to clarify the language in the infrastructure bill signed into law by
Fed chair Jerome Powell says he isn’t concerned about crypto disrupting financial stability in the US
United States Federal Reserve chair Jerome Powell hinted that though the government agency should consider monitoring developments in the crypto space, he didn’t see cryptocurrencies
UK advertising watchdog bans crypto ads for Coinbase and Kraken
The Advertising Standards Authority, or ASA, the United Kingdom’s independent advertising regulator, has taken down another batch of cryptocurrency-related ad campaigns promoting several major industry
Crypto in the House: Execs on the march, US partisan politics and Web3
On Dec. 8, top executives from six major crypto companies faced the United States House of Representatives’ Financial Services Committee during a special hearing on