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Bitcoin’s Safe Haven Status Bolstered by Treasury Underperformance, Mohamed El-Erian Says

“You have people talking about bitcoins, about equity, being the safe asset,” El-Erian told CNBC.

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Author: Omkar Godbole

BitGo Granted German Crypto Custody License by BaFin

BitGo had already been storing crypto assets under the regulator’s supervision since 2019 as part of a transitional regime, the firm said.

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Author: Ian Allison

‘Bruno Brock’, Founder of Oyster Pearl, Gets Four Year Jail Term for Tax Evasion

Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.

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Author: Amitoj Singh

Turkey in “Final Stage” of Bringing Crypto Legislation as Last Step to Get off FATF’s Grey List: Minister

Turkey is in the “final stage” of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force’s (FATF) “grey list.

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Author: Amitoj Singh

Frax Finance Says its Domain Name Has Been Hijacked

Frax founder Sam Kazemian says his team has been “left in the dark” by the domain registrar as to what happened.

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Author: Sam Reynolds

As Sam Bankman-Fried Fraud Trial Nears Close, a Terse Judge Sets Jury Instructions

Bankman-Fried completed his testimony Tuesday, concluding the presentation of evidence from both sides in the Justice Department’s case against the FTX founder.

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Author: Nikhilesh De

Bitcoin Saw 27% October Surge as Traders ‘Panic Bought’ Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?

The boredom ended in October as cryptocurrency prices zoomed higher, with the biggest of them all, bitcoin [BTC], posting the strongest monthly rally since January as investors were abuzz with optimism that bitcoin ETFs will soon get approved in the U.S.

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Author: Krisztian Sandor

AI-Related Tokens Stumble After White House Executive Order

Issued Monday, President Biden’s executive order is aimed at potential threats posed by artificial intelligence, but critics of the White House action wonder if innovation could be stifled.

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Author: Stephen Alpher

15 Years After the Bitcoin White Paper, Bitcoin Builder Culture Flourishes

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Author: Aubrey Strobel

U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO

The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial “Staff Accounting Bulletin 121,” according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens crypto investors’ ability to find safe harbors for their assets, should have been treated as a formal rule, the GAO concluded in a report issued on Tuesday.

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Author: Jesse Hamilton


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