Decentral Block Post

According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling.

Wirex cards may stop working in the European Economic Area, but funds held in the account are safe, the company said.

The regulator said Binance must cease “with immediate effect” all crypto-related services in Belgium after being unable to provide sufficient information on its non-EEA companies.

The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23.

A “full-on” crypto scene and “heaps” of Web3 projects in Australia’s largest city show Sydney has more to offer than beaches and a bridge.

The latest regulatory approval for the crypto exchange comes within weeks of getting a MPI license from regulators in Singapore

“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US.

The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the app’s provider, UAB PayrNet.

Laws in the United States are the problem. Cryptocurrency advocates should focus on changing them — and, in the meantime, consider moving to the European Union.

After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean.

CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations.

The chair of a U.S. House oversight subcommittee said all of the documents the SEC had provided on Sam Bankman-Fried's charges and arrest had been publicly available at the time.

The Japanese Ministry of Education plans to allow limited use of generative AI, like ChatGPT, in elementary, junior high and high schools across the country.

This development comes amid a global regulatory crackdown on Binance, which is facing scrutiny in multiple countries.

Ripple says the "in principle" approval will help scale its "On-Demand Liquidity," the service it uses to source XRP liquidity to customers.

The cryptocurrency fund manager is at least the fourth to seek a BTC spot ETF listing in the last week; Fidelity is rumored to be preparing to apply, too.

The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets,” despite a court transcript suggesting otherwise.

The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing.

Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank.

Crypto assets are subject to tax and must be tracked and reported to the IRS. This comprehensive tax guide contains everything you need to know.