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

Business

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

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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

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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

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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

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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

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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

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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

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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

Business

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