Thailand’s former prime minister has urged cryptocurrency-friendly policies and a 20% tax on online gambling, projecting billions in revenue to spur economic modernization. Ex-Prime Minister Calls for Crypto-Friendly Policies to Spur Economic Innovation Former Thai Prime Minister Thaksin Shinawatra has urged the government to prioritize cryptocurrency reforms alongside online gambling to modernize Thailand’s economy, according […]
$1.1M Penalty Slammed on Mosaic Exchange in Crypto Fraud Scandal
A crypto firm has been fined $ 1.1 million for deceiving customers and misusing funds, as the CFTC highlights growing concerns about unregistered investment schemes. CFTC Strikes: Fraudulent Crypto Firm Banned, $ 1.1 Million Fine Issued The Commodity Futures Trading Commission (CFTC) announced on Monday that Mosaic Exchange Ltd. and its CEO, Sean …
SEC Delays Decision on Bitwise 10 Crypto Index ETF Until March
The U.S. Securities and Exchange Commission (SEC) has deferred its decision on the Bitwise 10 Crypto Index exchange-traded fund (ETF), citing the need for additional time to thoroughly review the proposal. SEC Needs More Time to Decide on Bitwise 10 Crypto Index ETF The SEC disclosed its decision to extend the review period for a […]
Rate Cuts Delayed, Crypto Cautious, QCP Capital Insights Highlight Key Risks
QCP Capital has observed a notable recalibration in global market expectations regarding Federal Reserve policy, marked by the 10-year Treasury yield ascending to 4.8%—its highest level since late 2023. QCP Advises Caution While ‘Shrimp’ Investors Quietly Amass 17,600 Btc Monthly, Defying Market Turbulence In an adjustment that reflects shifting sentiment, markets now foresee no rate […]
Report: Trump’s First-Day Executive Orders to Target Biden’s Crypto Policies
The incoming Trump administration appears poised to orchestrate a significant shift in U.S. cryptocurrency policy, signaling plans to dismantle key Biden-era regulations, according to The Washington Post (WaPo). Trump’s Alleged Crypto Plans Revealed by Insiders in WaPo Report Insiders privy to the administration’s deliberations revealed to WaPo that overturning the Securities and Exchange Commission’s (SEC) […]