USDC Dominated Crypto Payrolls in 2024, Making Up 63% of Salary Payments

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The percentage of workers receiving salaries in digital assets has tripled over the past year, with 9.6% paid in stablecoins. Leading this trend is Circle’s USDC, which accounted for 63% of all crypto… Continue reading USDC Dominated Crypto Payrolls in 2024, Making Up 63% of Salary Payments

Source: Midjourney

India Seizes Assets of Man Convicted in U.S. $20M Crypto Fraud Case

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 5, India’s Enforcement Directorate (ED) seized assets worth $4.8 million (₹42.8 crore) as part of an ongoing investigation into a major crypto fraud case. The assets belonged to Chirag Tomar, an… Continue reading India Seizes Assets of Man Convicted in U.S. $20M Crypto Fraud Case

Source: Midjourney

Registered Exchanges Can Now List Spot Crypto Contracts, Says CFTC

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 4, the U.S. Commodity Futures Trading Commission (CFTC) introduced a new initiative that allows registered exchanges to offer trading in spot crypto contracts. Under this program, exchanges designated as Designated Contract… Continue reading Registered Exchanges Can Now List Spot Crypto Contracts, Says CFTC

Tesla Stock Rises as Board Approves New Compensation Package for Elon Musk

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tesla stock (NYSE: TSLA) is trading higher today after the company’s board approved a new compensation package for its CEO, Elon Musk, granting him a share award valued at approximately $29 billion. This… Continue reading Tesla Stock Rises as Board Approves New Compensation Package for Elon Musk

CFTC, SEC Kick Off ‘Crypto Sprint’ Effort to Provide Regulation Clarity

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On August 1, the U.S. Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) launched the “Crypto Sprint” initiative in response to the White House’s recent report on digital assets.… Continue reading CFTC, SEC Kick Off ‘Crypto Sprint’ Effort to Provide Regulation Clarity

Source: Midjourney

Michael Saylor Presses for a Defined U.S. Framework on Crypto Regulation

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On July 31, Strategy’s Executive Chairman Michael Saylor renewed his call for clear and consistent crypto regulation in the U.S. He stressed the need for a formal framework to define and categorize crypto… Continue reading Michael Saylor Presses for a Defined U.S. Framework on Crypto Regulation

Source: Midjourney

Bolivia Labels Crypto a Viable Alternative to Fiat in El Salvador Deal

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On July 30, the Central Bank of Bolivia signed a landmark agreement with El Salvador’s National Commission of Digital Assets to recognize crypto as a viable and trustworthy alternative to traditional fiat currency.… Continue reading Bolivia Labels Crypto a Viable Alternative to Fiat in El Salvador Deal