Category: Crypto

Nasdaq has submitted a proposal to enable in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT).
The post Nasdaq Seeks In-Kind Creation and Redemption for BlackRock Spot Bitcoin ETF appeared first on Cryptonews. …

David Balland, the former co-founder of Ledger, was kidnapped with his wife in France, enduring a harrowing 48-hour ordeal. Injured during the incident, Balland was freed in a dramatic rescue involving over 90 officers. The case involved a crypto ransom and remains under investigation.
The post Kidnapped Ledger Co-Founder David Balland Had His Hand Mutilated in Ransom Plot appeared first on Cryptonews. …

President Trump unveils crypto policies aimed at regulatory clarity and innovation. Key initiatives include a strategic crypto reserve, regulatory reforms, and a shift from enforcement-led approaches. Industry leaders highlight potential impacts on U.S. Web3 companies, tax relief, and blockchain adoption.
The post Crypto Community Voices Policy Changes Needed Under Trump Administration appeared first on Cryptonews. …

Silk Road creator Ross Ulbricht issued his first statement after being pardoned by Donald Trump, describing his release as a second chance. As the Bitcoin community reacts, questions arise about Ulbricht’s potential role in the crypto industry following his high-profile case involving the darknet marketplace.
The post Ross Ulbricht Offered Thanks to Donald Trump in First Statement Following Pardon: “A Lot to Talk About” appeared first on Cryptonews. …

Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory framework.
The post SEC Commissioner Hester Peirce Says Goodbye to Controversial Crypto Accounting Guidance SAB 121 appeared first on Cryptonews. …

With $47B in Bitcoin holdings, MicroStrategy could face billions in federal taxes under U.S. rules taxing unrealized gains. As the IRS evaluates relief options, the firm’s negotiations may influence how cryptocurrency is treated in corporate tax frameworks, setting critical precedents for the industry.
The post MicroStrategy Faces Potential Tax Burden on Unrealized Bitcoin Gains: Report appeared first on Cryptonews. …

Elizabeth Warren accused Donald and Melania Trump of unethical behavior in their memecoin ventures and urged regulators to investigate.
The post Elizabeth Warren Slams Trump’s Memecoin as a Tool for Presidential Profiteering appeared first on Cryptonews. …

The South Korean city of Goyang has seized cryptoassets worth over $228,000 from residents who failed to pay traffic fines.
The post South Korea’s Goyang City Seizes Crypto Worth Over $228,000 from Traffic Offenders appeared first on Cryptonews. …

David Balland, co-founder of Ledger, was abducted in France alongside his wife, reportedly for a cryptocurrency ransom. French police rescued him in a dramatic operation and made eight arrests. Balland is receiving medical care as the investigation into the incident continues.
The post Ledger Co-founder David Balland Freed Following Shock Kidnapping appeared first on Cryptonews. …

The MMA fighter Lamberd Akhiadov received cryptoassets and US dollars worth $151,000 before “carrying out a terrorist attack” on December 31, 2022, Russian police say.
The post MMA Fighter ‘Received $151k in Crypto’ Before Moscow Park ‘Terrorist Attack’ appeared first on Cryptonews. …