Category: Crypto

Bitcoin tumbles below $60K as U.S. inflation data dims hopes for significant Fed rate cuts, triggering market-wide volatility and investor caution.
The post Bitcoin Sinks Below $60K as CPI Data Dashes Hopes for Aggressive Fed Rate Cuts appeared first on Cryptonews. …

Switzerland is contemplating including crypto tax data within its international information exchange protocols. 
The post Switzerland Launches Public Consultation On Crypto Tax Information Sharing appeared first on Cryptonews. …

Schumer sought for a bipartisan support to pass a pro-crypto bill if Kamala is elected as the next President.
The post Senate Majority Leader Schumer Intends to Pass Crypto Legislation This Year appeared first on Cryptonews. …

Kamala Harris may adopt crypto-friendly “verbiage” in a bid to appeal to the digital asset community at large ahead of the 2024 U.S. presidential election in November, former U.S. presidential candidate Vivek Ramaswamy told CNBC’s Squawk Box Monday. Harris use expected to a accept her party’s nomination next week at the Democratic National Convention.
The post Kamala Harris May Adopt Pro-Crypto Verbiage To Win Votes, Vivek Ramaswamy Says appeared first on Cryptonews. …

Sling Money has raised $15 million in a Series A round led by Union Square Ventures to enhance its stablecoin-powered global payment platform across 50+ countries.
The post Sling Money Secures $15M to Expand Stablecoin Payment Solutions appeared first on Cryptonews. …

The South Korean crypto exchange Bithumb could shun its long-term banking partnership with NongHyup Bank in favor of a deal with rival bank Kookmin. Multiple reports from outlets including Insight Korea and Mega Kyungjae quoted anonymous banking and crypto industry sources as claiming talks between Kookmin (KB) have successfully concluded. Bithumb Banking Deal: A New […]
The post Bithumb May Ditch NongHyup Banking Partnership for Koomin Deal – Reports appeared first on Cryptonews. …

In a significant development, Binance has agreed to pay 9.6 million reais ($1.76 million) to the Brazilian Securities and Exchange Commission (CVM) to settle an ongoing investigation into its unauthorized derivatives trading in Brazil. This marks the conclusion of a more than four-year-long regulatory standoff between Binance, the world’s largest cryptocurrency exchange, and Brazil’s financial […]
The post Binance Settles with Brazil Securities Regulators for $1.7 Million appeared first on Cryptonews. …

Crypto.com and UEFA have signed a multi-year partnership deal.
The post Crypto.com Becomes UEFA Champions League Exclusive Crypto Partner appeared first on Cryptonews. …

Senate Majority Leader Chuck Schumer will address crypto advocates at a virtual town hall hosted by Crypto4Harris, highlighting the ongoing push for pro-crypto policies within the Democrats.
The post Chuck Schumer to Address Digital Asset Advocates at Crypto For Harris appeared first on Cryptonews. …