Republican members of the U.S. House have initiated an inquiry into claims that SEC Chairman Gary Gensler may be appointing staff based on their political leanings, potentially breaching federal regulations. In a letter dated September 10 addressed to Gensler—a member of the Democratic party—Republican Representatives Jim Jordan, Patrick McHenry, and James Comer leveled accusations against […]
2024 has marked a significant milestone in the realm of Bitcoin and cryptocurrencies, as these digital assets gain further traction in the mainstream financial landscape. Early this year, the United States made headlines by approving the first crypto-based ETF, setting a precedent that saw Bitcoin’s value peak at an unprecedented $73,000 three months later. Amidst […]
A significant advancement has occurred in the UK as the government introduces a bill aiming to classify cryptocurrency as personal property. The proposed legislation, now before parliament, seeks to redefine the legal standing of cryptocurrencies, NFTs, and other tokenized assets. According to a government press release, this bill is designed to provide Bitcoin owners and […]