Fresh from successfully convincing game retailer GameStop to add Bitcoin to its balance sheet, Strive Asset Management CEO Matt Cole has now set his sights on fintech firm Intuit to do the same. Cole said in an April 14 open letter to Intuit CEO Sasan Goodarzi that Intuit’s growth is admirable, but Bitcoin (BTC) is…
Read more
Tech giant Meta has been given the green light from the European Union’s data regulator to train its artificial intelligence models using publicly shared content across its social media platforms. Posts and comments from adult users across Meta’s stable of platforms, including Facebook, Instagram, WhatsApp and Messenger, along with questions and queries to the company’s…
Read more
US President Donald Trump has signed a joint Congressional resolution to repeal a rule that would have required DeFi protocols to report to the Internal Revenue Service. 480 Total views 1 Total shares News COINTELEGRAPH IN YOUR SOCIAL FEED US President Donald Trump on April 10 signed a joint Congressional resolution overturning a Biden-era rule…
Read more
Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws. The SEC needs to “clearly state that NFT marketplaces like OpenSea do not qualify as exchanges under federal securities laws,” OpenSea general counsel Adele Faure and deputy general counsel Laura Brookover said in…
Read more
Ukraine’s financial regulator has proposed taxing certain crypto transactions as personal income at a rate of up to 23% but excluding crypto-to-crypto transactions and stablecoins. Crypto transactions would be taxed at 18% with a 5% military levy on top as part of the proposed framework, released on April 8 by Ukraine’s National Securities and Stock…
Read more
Authorities in Spain have arrested six people who helped operate a global AI-powered investment scam that stole over $20 million from at least 208 victims. The scammers would swindle victims up to three times. After stealing an initial sum through the investment scam, the fraudsters contacted victims twice more, masquerading as investment managers and then…
Read more
Cryptocurrency prices tumbled as the US stock futures market opened sharply lower on April 6 as the Trump administration doubled down on its global tariff strategy. The Trump administration hit all countries with a 10% tariff starting April 5, with some slapped at higher rates, including China at 34%, the European Union at 20%, and…
Read more
European Union regulators are reportedly mulling a $1 billion fine against Elon Musk’s X, taking into account revenue from his other ventures, including Tesla and SpaceX, according to The New York Times. EU regulators allege that X has violated the Digital Services Act and will use a section of the act to calculate a fine…
Read more
Singapore-based artificial intelligence firm Genius Group says it’s temporarily barred from expanding its Bitcoin treasury after a US court order has banned it from selling shares, raising funds and using investor funds to buy more Bitcoin. A New York District court issued the preliminary injunction (PI) and temporary restraining order (TRO) on March 13 in…
Read more
Crypto markets dipped after US President Donald Trump’s declaration of a national emergency and sweeping tariffs on all countries as part of his latest salvo in the ongoing trade war. The Trump administration has hit all countries with a 10% tariff starting April 5, with some countries facing even larger rates, such as China facing…
Read more