Author: Cointelegraph By Prashant Jha

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Bitcoin price surge sees significant asset outflow on crypto exchanges

Major crypto exchanges recorded a net outflow on Oct. 24 as the price of Bitcoin (BTC) briefly touched the $35,000…
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California bill aims to cap crypto ATM withdrawals at $1,000 per day to combat scams

California legislators have proposed a new bill titled “Digital financial asset transaction kiosks,” calling for a cap on crypto ATM withdrawals…
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Reddit removes moderators involved in alleged insider trading of MOON tokens

Reddit’s r/CryptoCurrency community has fired two moderators who were found to be involved in insider trading of the Moons (MOON)…
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SEC has 3%–14% chance of success in Ripple appeal, lawyers predict

The United States Securities and Exchange Commission has a very slim chance of winning its appeal against Ripple in the…
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IRS crypto tax reporting rules threat to industry — Coinbase legal chief

Coinbase crypto exchange chief legal officer Paul Grewal called on the crypto community to join the movement against the United…
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Banks’ crypto exposure must be disclosed — BIS’ Basel Committee

The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) released a consultation paper on Oct. 17,…
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Canada central bank assesses innovations and challenges of DeFi

The Bank of Canada published a staff note on decentralized finance (DeFi) on Oct. 17, assessing the innovations that made it…
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Australia open to idea of CBDC as future of money — RBA

The Reserve Bank of Australia (RBA) is open to using a central bank digital currency (CBDC) as the future of…
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US government among largest Bitcoin hodlers with over $5B in BTC: Report

The United States government has become one of the largest Bitcoin holders with over 200,000 BTC worth more than $5…
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Secret recording offers trove of explosive revelations

The ongoing trial of former FTX CEO Sam Bankman-Fried has uncovered a series of explosive revelations in the form of…
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