China court says Bitcoin is a commodity but warns its related uses are illegal Cryptocurrencies are considered commodities in China and are not explicitly prohibited by law, according to commercial judge Sun Jie at Songjiang District People’s Court in Shanghai. However, crypto activities — like trading, issuance, or payments — are considered illegal financial activities. […] More
President-elect Trump promised the establishment of a strategic Bitcoin ‘stockpile’ during the Bitcoin 2024 event in Nashville Tennessee. News COINTELEGRAPH IN YOUR SOCIAL FEED Industry executives are reportedly seeking a seat at President-elect Donald Trump’s highly-anticipated crypto advisory council, which will be responsible for crafting regulatory policy and expected to establish a Bitcoin (BTC) strategic […] More
The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers. News COINTELEGRAPH IN YOUR SOCIAL FEED The Graph, the decentralized indexing system that works much like Google for blockchains, has introduced a data standard for Web3. Called GRC-20, the standard would define how information is structured, shared, and […] More
Key Takeaways MicroStrategy raised $3 billion through zero-percent convertible notes maturing in 2029. Proceeds from the notes will be used for acquiring additional Bitcoin and general corporate purposes. Share this article MicroStrategy has successfully completed its previously announced offering of $3 billion in 0% convertible senior notes due 2029, according to a company press release. […] More
The UK will introduce unified crypto regulations, including stablecoins, in early 2025. New rules aim to simplify oversight and avoid restrictive staking classifications. Labour government aims to compete with EU’s MiCA rules and US pro-crypto policies. The United Kingdom is set to introduce a comprehensive regulatory framework for cryptocurrencies, stablecoins, and crypto staking services in […] More
Donald Trump’s social media company mulled launching a payment service, following interest in buying Bakkt exchange. Donald Trump’s media and technology firm filed a trademark application for TruthFi, a crypto payment provider and digital asset trading venue. TruthFi will also offer financial custody services, according to documents submitted by Trump Media & Technology Group, per […] More
President-elect Donald Trump’s transition team is reportedly exploring the creation of a “crypto czar” role to oversee digital asset policy, with former Commodity Futures Trading Commission Chairman Chris Giancarlo emerging as a top contender. This potential position would mark the first time the White House has designated a senior official solely focused on cryptocurrency and […] More
Bitwise files for a Solana ETF as SOL nears its all-time high of $259. Optimism grows with Trump’s election and SEC Chair Gary Gensler’s resignation. Competing firms like VanEck and 21Shares also seek Solana ETF approvals. Crypto asset manager Bitwise has taken a significant step in expanding its exchange-traded fund (ETF) offerings by filing for […] More
The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies. News COINTELEGRAPH IN YOUR SOCIAL FEED A draft regulatory framework for crypto assets will be ready in the United Kingdom early next year, a Treasury official promised at City & Financial Global’s […] More
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin nears $100K, rising 4.86% in 24 hours, as investors eye regulatory optimism under President-elect Donald Trump. Table of Contents Bitcoin’s march toward $100K gained ground on Thursday as investors bet on a friendlier […] More
A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover funds from allegedly fraudulent transfers to unidentified digital wallets. Alternative Solution Following its bankruptcy, the company sued to void the fraudulent transfers and recover additional […] More
The U.K. government plans to unveil draft regulations for the crypto and stablecoin markets in early 2025, Bloomberg has reported. According to the publication, Prime Minister Keir Starmer’s administration aims to establish a regulatory framework for overseeing the crypto industry, aligning with developments in the European Union and the United States, according to Tulip Siddiq, […] More
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