Donald Trump discussed adding Bitcoin and crypto to the US treasury, emphasizing low energy costs as a key to attracting miners.
He highlighted America’s potential to dominate the energy market with "drill baby drill."
#crypto #bitcoin #trump #treasury #energy #mining #US #economy
Changpeng Zhao, former CEO of Binance, has been sentenced to four months in prison for violating anti-money laundering regulations, underscoring the critical importance of compliance in the cryptocurrency industry.
Despite his efforts to improve Binance's compliance and his supporters' portrayal of him as a dedicated family man and philanthropist, US prosecutors emphasized his role in facilitating significant illegal transactions.
Read more: https://imperialwealth.com/news/former-binance-ceo-changpeng-zhao-receives-four-month-prison-sentence
#CEO #binance #bitcoin #btc #crypto #CZ #USA
Bitcoin's fourth halving in 2024 reduces miner rewards to 3.125 BTC per block, viewed by industry leaders as a potential bullish signal for market growth.
This key event, initiated by Satoshi Nakamoto, plays a critical role in controlling Bitcoin's supply and managing inflation.
Two SEC attorneys resign amid controversy over alleged misuse of authority in a $50 million crypto fraud case, highlighting concerns about the SEC's aggressive enforcement tactics.
This adds to industry worries regarding the SEC's strategy, as seen in its actions against major exchanges and upcoming legal moves.
ASIC challenges a federal court decision that Finder Wallet's "Earn" product was compliant, launching an appeal over licensing discrepancies.
Meanwhile, Finder vows to defend the legality of their yield-earning product as the case progresses to the Full Federal Court.
Despite assurances of enhanced safety and privacy, Australians show limited interest in paying for these features in a retail CBDC, a study by the Reserve Bank of Australia reveals.
Public willingness to prioritize and pay for privacy in retail central bank digital currencies remains low, highlighting a complex relationship with data privacy.
The Crime and Corruption Commission of Queensland calls for revised laws to better seize digital assets, highlighting gaps in current legislation that hinder effective crime combat.
Meanwhile, ASIC Commissioner Alan Kirkland advocates for a balanced regulatory framework that ensures consumer protection while fostering financial innovation in digital asset markets.
Uniswap received a Wells notice from the SEC, alleging operations as an unregistered securities exchange, which led to a significant 9.5% drop in their UNI token value and sparked a strong defence from the company against the charges.
Amidst accusations of political motivation, Uniswap's leadership has contested the SEC's authority and jurisdiction, promising a robust legal challenge.
VanEck's CEO predicts that the SEC is unlikely to approve spot Ether ETFs in May, expecting a rejection of their application.
Meanwhile, the firm's Bitcoin ETF, HODL, continues to attract significant investment, ranking fifth among new funds.