Blockchain Association Singapore Welcomes Former Regulator as Latest Board Member
Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries.
An updated draft of a controversial crypto reporting requirement clarifies that brokers "effectuate" transfers of digital assets, but stops short of explicitly excluding miners or other parties that don't provide customer transactions.
The pullback from Saturday's top to current prices is likely to do with uncertainty around the U.S. infrastructure bill, one expert said.
China's central bank holds that crypto trading brings financial risk to the economy, and said it will continue a crackdown on the industry.
Cash App's bitcoin gross profit rose to $55 million, Square said in its Q2 letter to shareholders.
Funding will go toward furthering research for its product offerings while enhancing the platform's user experience.
Since the end of May, tether's growth has gone completely flat.
"All About Bitcoin" host Christine Lee, Managing Editor of Markets Brad Keoun, and Research Analyst George Kaloudis review the big news of the week: Congressional hearings and bills with broad implications for the crypto industry, Tether executives reportedly facing criminal bank fraud charges, a sharp drop in bitcoin held on crypto-to-crypto exchanges, and other news affecting bitcoin. Plus, what drove the bitcoin rebound and what's next in the week ahead.
"The Hash" panel tackles today's hot topics: Senate's bipartisan infrastructure bill with controversial crypto tax provision is moving forward, Binance is winding down its derivatives offerings in Europe, Solana blockchain takes center stage at Lollapalooza and Cathie Wood's ARK Invest makes a big bet on Robinhood.