Author: e_cash_top
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CFTC chair Rostin Benham deems Ethereum, stablecoins to be commodities
[ad_1] Ad CFTC chair Rostin Benham said that various digital assets, including Ethereum and stablecoins, are commodities during a hearing on March 8. Rostin Benham on ETH, stablecoins During a hearing before the Senate Agriculture Committee, Benham said: “I’ve made the argument that Ethereum is a commodity…it’s been listed on CFTC exchanges for quite some…
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Feds consolidate 40k BTC, prompting fears of imminent sell-off
[ad_1] Ad It seems that around 40,000 Bitcoin held in wallets linked to law enforcement seizures in the United States are currently being transferred, according to new data by Glassnode, a blockchain analytics firm. At present, most of these transactions appear to be internal transfers. Of the seized Bitcoin, 9,861 were seized from the Silk…
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Silvergate to shut down; 3AC founders advance OPNX plans
[ad_1] Ad The biggest news in the cryptoverse for March 8 saw Silvergate Capital announce that its crypto bank will halt operations following earlier reports that it would attempt a recovery with the FDIC. Meanwhile, 3AC’s founders advanced a business model for their upcoming OPNX exchange and CFTC chair Rostin Benham said that stablecoins and…
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Biden to propose changing crypto tax rules: WSJ
[ad_1] Ad U.S. President Joe Biden will propose changes to crypto taxation in an upcoming budget plan, according to a report from the Wall Street Journal on March 8. Biden’s budget plan will target wash trading Biden’s budget plan could directly affect crypto investors. The Wall Street Journal says that the president will propose a…
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Marathon says it has repaid Silvergate loan, terminated credit facility
[ad_1] Silvergate Bank Company in North America Silvergate is a Federal Reserve member bank and the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry, based in La Jolla, California. More about Silvergate Info Twitter LinkedIn [ad_2] Source link
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Silvergate Bank will halt operations and undergo liquidiation
[ad_1] Ad Silvergate Bank will wind down operations and undergo liquidation, according to a March 8 press release from its holdings company, Silvergate Capital. Silvergate to shut down bank Silvergate said that bank operations will be halted in accordance with regulations. It said that this course of action will involve a full repayment of all…
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Sustainable sources mined over 90% of BTC during January, February
[ad_1] Ad Miners that use sustainable energy sources accounted for 91.3% of Bitcoin (BTC) mining during the first two months of the year, according to data shared by Climate Tech Vice President Daniel Batten. Batten noted that Marathon Digital migrated around 300 Megawatts from thermal power to wind power in January, which made a significant…
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FATF holds second Plenary in Paris, updates on worldwide crypto adoption
[ad_1] Russia suspended from FATF In a first for the FATF, it has suspended another member state — the Russian Federation. The decision was made by the FATF due to Russia’s failure to comply with a demand from the United Nations General Assembly Resolution ES-11/1, which called for the removal of its armed forces from…
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UK FCA tightens control on unregistered crypto ATMs
[ad_1] Ad The United Kingdom Financial Conduct Authority(FCA) cracked down on crypto ATMs in the country and moved on to the east London region with the investigation, Reuters reported. The FCA has been working with the police force from West Yorkshire to deal with the unregistered ATM installations in the city of Leeds. The FCA…
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Bitcoin holds firm on strong economic data, while Powell testifies to House discussing CBDC
[ad_1] Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information…