SEC Exempts Companies and Financial Institutions from Cryptocurrency Accounting RegulationsOn July 12, the U.S. SEC staff approved specific business requirements from certain companies and financial institutions, exempting them from the controversial SAB 121 cryptocurrency accounting guidance issued

During his Senate testimony, Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), made a compelling case for the urgent need for federal legislation to regulate digital commodities such as Bitcoin and Ether. He cited the significant market volatility and frequent incidents of

1. BTC Market TrendFrom July 8 to 10, the BTC spot price swung from $54,260.34 to $59,351.05, a 9.38% range. Recently, significant statements from the Federal Reserve (Fed) and the European Central Bank (ECB) included:1) On July 10, Fed Chair Jerome Powell stated that the labor market has fully reba

Three crucial Ethereum price metrics indicate that ETH is poised to rally above $3,400. Source: www.forbesindia.comDespite an 18% drop to $2,826 from July 1 to July 8, Ethereum has begun to recover. Investors were disheartened, with $313 million in leveraged long positions liquidated during this per

Anita Dunn, a senior adviser to President Joe Biden, attended a roundtable on cryptocurrency in her personal capacity amid speculation that the president might be reconsidering his stance on crypto.On July 10, U.S. Congress members, including Representative Ro Khanna, Representative Joe Neguse, and

Trump Set to Speak at 2024 Bitcoin ConferencePresident Donald Trump is set to speak at Bitcoin 2024, the world's largest Bitcoin conference, taking place in Nashville, Tennessee, from July 25-27. This engagement is a major milestone for the event, renowned for its significant announcements and histo

Nasser Kanani, spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran, has unveiled a pivotal initiative aimed at linking the payment systems of all BRICS countries to enable seamless financial transactions using national currencies. This initiative is intended to include B

Australia's Biggest Stock Exchange Approves Second Spot Bitcoin ETFAustralia's primary stock exchange is set to introduce its second Bitcoin spot ETF. Digital asset management firm DigitalX has received regulatory approval to launch its Bitcoin spot ETF on the Australian Stock Exchange (ASX) under t

Solana's price rose today due to increased investor enthusiasm surrounding a potential Solana ETF, which has bolstered trader sentiment toward the altcoin. Source: coinmuhendisi.comBetween July 7 and July 9, Solana's native token rose by 17%, reclaiming the $140 level and recovering from recent lows

FameEX, a prominent and global cryptocurrency exchange, has recently updated its token-listing strategy to prioritize high-quality crypto projects. The new criteria focus on projects with high activity, strong engagement, low fully diluted valuation (FDV), and refined audit mechanisms. This adjustme