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Rep. Tom Emmer proposes defunding the SEC’s campaign against cryptocurrencies

Rep. Tom Emmer proposes defunding the SEC’s campaign against cryptocurrencies

Pro-crypto Congressman Tom Emmer is introducing an amendment aimed at denying the US Securities Commission the ability to use government funds to pursue cryptocurrency enforcement. On November 8, Emmer attached an amendment to H.R. 4664 – the General Government...

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Ripple supports cross-border payment services

Ripple supports cross-border payment services

Ripple is upgrading its cryptocurrency-enabled cross-border payments solution, also known as Ripple Payments. This offering aims to enhance enterprise-level blockchain infrastructure, making faster, cheaper and more efficient cross-border payments accessible to businesses. In the official statement published today (Wednesday),...

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How to Manage Cryptocurrency Losses on US, UK, and Canada Tax Returns

How to Manage Cryptocurrency Losses on US, UK, and Canada Tax Returns

Taxation of cryptocurrencies has become an increasingly important topic, as governments around the world are working hard to establish clear rules for taxing digital assets. In the US, UK and Canada, cryptocurrency holders navigate a complex regulatory environment, making...

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In fiscal year 2023, 50% of CFTC cases were related to cryptocurrencies.

In fiscal year 2023, 50% of CFTC cases were related to cryptocurrencies.

In a critical step to enforce market laws and regulations, the Commodity Futures Trading Commission (CFTC) released a comprehensive report detailing enforcement activities for fiscal year 2023 (FY23). The report highlights a historic year for the Commission, particularly in...

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Cryptocurrency exchange Binance is launching its first-ever self-custodial Web3 wallet

Cryptocurrency exchange Binance is launching its first-ever self-custodial Web3 wallet

Binance hopes to address this with multi-party computation (MPC), which eliminates the need for users to save seed phrases without compromising security and self-saving features. An MPC involves a private key that is divided into three parts called master...

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Ripple, Onafriq is a partner for new payment corridors for Africa, the UK, Australia and the Gulf

Ripple, Onafriq is a partner for new payment corridors for Africa, the UK, Australia and the Gulf

Ripple will operate new payment corridors between 27 African countries, Australia, the UK and the Gulf Cooperation Council (GCC) under an agreement with African mobile payment provider Onafriq. Onafriq will use Ripple Payments’ blockchain technology with three partner companies....

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