U.S. national banks have been told by the Office of the Comptroller of the Currency that they’ll no longer have to answer how controversial customers might damage their reputations — a point that had been criticized by crypto companies and insiders arguing that it contributed to them being debanked. The OCC is removing that factor […]
Proof-of-Work Crypto Mining Doesn’t Trigger Securities Laws, SEC Says
Proof-of-work cryptocurrency mining does not trigger federal securities laws, according to a Thursday staff statement from the U.S. Securities and Exchange Commission (SEC) which told mining operators they do not need to register their transactions with the regulator. The statement, published by the SEC’s Division of Corporation Finance, declared that both solo proof-of-work crypto mining […]
TON Jumps as Foundation Says VC Firms Invested $400M in the Token
Toncoin (TON), the native token of the Telegram-adjacent TON blockchain, spiked on Thursday as ecosystem organization The Open Network Foundation said several venture capital firms invested $400 million in the token. Investors include Sequoia Capital, Ribbit, Benchmark and Kingsway, according to a press release shared with CoinDesk. Vy Capital, Draper Associates and Libertus Capital, CoinFund, […]
Bitcoin Nears $86K as Trump Calls for Rate Cuts, XRP Gets U.S. Futures After SEC Resolution
Bitcoin (BTC) inched toward $86,000 while XRP jumped 10% to lead gains among majors as crypto markets staged a broader recovery in the past 24 hours. BTC rose in early Asian hours on Thursday following the Wednesday Federal Open Market Committee (FOMC) meeting, where the Fed kept rates intact but lowered growth outlooks until 2027. […]
Bitcoin Reclaims $85K Following Fed and Stocks Rose, but One Analyst Suggests Caution
Crypto markets are experiencing a modest move to the upside following today’s Federal Open Market Committee (FOMC) meeting, in which the U.S. central bank left interest rates steady at 4.25%-4.50% Bitcoin (BTC) has risen 4.5% in the last 24 hours and is now trading for $85,500, its highest point since March 9. The CoinDesk 20 […]
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