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Australia’s financial watchdog on Tuesday requested feedback on updates to its digital asset guidance. The changes aim to clarify how the Corporations Act 2001 applies to digital assets and guide entities offering related financial services. The Australian Securities and Investments Commission (ASIC) included 13 practical examples in a document to show how current financial product…

Alex Mashinsky, founder of the now-bankrupt Celsius Network, announced Tuesday that he intends to plead guilty to fraud charges. He pleaded guilty to two charges: one for commodities fraud and another for manipulating the price of the Celsius token. The most serious charge carries a potential 20-year prison sentence. On July 13, 2023, Mashinsky faced…

The meme coin Moodeng (MOODENG) experienced a dramatic 126% price surge within an hour of Coinbase’s announcement on Monday that it would list the token on December 4. This surge pushed MOODENG’s price to $0.68, a 126% gain over the previous 24 hours. The price nearly reached its November peak of $0.69, and the token…

Japanese Prime Minister Shigeru Ishiba has expressed “caution” about scrapping the country’s controversial crypto tax law. Ishiba has also suggested he will not be rushed into approving Bitcoin spot ETFs. Regulators, government ministers, and opposition leaders have united in calls to replace the current system with a flat 20% capital gains levy on annual crypto…

Major crypto markets are choppy on Tuesday, but the signs that alt-coin season continues to heat up remain unmistakable, with traders rushing to the on-chain DEX markets to hunt for top crypto gainers today. Bitcoin (BTC) was last around $96,000, whilst other crypto majors like XRP (XRP), Solana (SOL) and BNB (BNB) saw swings in…

A Polymarket poll shows that bettors are giving Microsoft shareholders just a 10 percent chance of approving Michael Saylor’s bitcoin investment strategy. Polymarket Bettors Make Microsoft Shareholders’ Prediction According to the official Polymarket poll, Microsoft will vote on the Bitcoin investment plan on December 10. However, only 10 percent of Polymarket bettors who voted on…

Cryptocurrency donations are expected to skyrocket as 2024 comes to an end. Industry experts believe this is due to numerous non-profit organizations participating in Crypto Giving Tuesday this year. This annual initiative, combined with the rising price of Bitcoin (BTC) and other cryptocurrencies, has set the stage for crypto donors worldwide to give back using…

After the success of Popcat, could Catslap be the next $1 billion cat-themed meme coin? The $SLAP token price has skyrocketed in value 86% today and 143% in the last seven days and reclaimed $0.006 after attracting the interest not just of legions of retail investors and Slap-to-Earn players, but of professional traders and trading…

Singapore-based cryptocurrency payment provider DTCpay is set to transition entirely to stablecoins by January 2025, phasing out Bitcoin (BTC) and Ethereum (ETH) transactions by the end of 2024. Dtcpay’s Shift to Stablecoins: Key Reasons Behind the Transition According to the company’s announcement, this transition is attributed to the price fluctuations of Bitcoin and Ethereum, which…

President-elect Donald Trump has reportedly selected former Securities and Exchange Commission (SEC) commissioner Paul Atkins to replace outgoing SEC chair Gary Gensler. JUST IN: Trump has reportedly selected Paul Atkins as his choice for SEC Chair, according to Unchained Crypto. Atkins often advocated for a more measured and less intrusive approach to financial regulation. He…