The Philippines’ Securities and Exchange Commission Office of the General Counsel (SEC-OGC) has opined that Bitcoin is not automatically considered a security under the country’s Securities Regulation Code (SRC), but certain transactions involving Bitcoin may fall under securities regulations depending on their structure. Why does this news matter: The decision could impact crypto exchanges, fintech
Indian Finance Minister Nirmala Sitharaman clarified her stance on cryptocurrencies and indirectly said that she will maintain heavy taxation on this space but not hinder any DLT innovation. India’s population is a very big fan of Bitcoin & crypto price volatility. India is the top country in the world, which has the highest number of
The company’s bitcoin holdings have exceeded its market cap following the purchase of an additional $2 million worth of bitcoin. Genius Group Hits 38% of Intended Target for Bitcoin Holdings With Recent Acquisition Genius Group Limited has announced the increase of its bitcoin holdings to 440 BTC, investing a total of $42 million at an
Financial markets worldwide tumbled this weekend in response to what is popularly being called the “Trump Tariff Crash.” The Associated Press reported Monday that markets fell sharply “on worries about President Donald Trump’s tariffs … “All told, the S&P 500 fell 45.96 points …. The Dow dropped 122.75 … and the Nasdaq composite sank 235.49
Updated on Feb. 4, 2025 at 2:28pm: Bitcoin (BTC) and Nasdaq futures declined during Asia trading as China imposed retaliatory tariffs against the U.S. Beijing introduced a 15% duty on U.S. coal and LNG, a 10% tax on crude oil, agricultural machinery, and large-engine cars, while launching an antitrust probe into Google. BTC briefly recovered
Charles Hoskinson confirmed that Cardano entered into a partnership with the global retail chain network Walmart. Walmart is the world-famous largest retail chain. This company was founded in 1962 by Sam Walton in America. To date, Walmart operates thousands of stores internationally & provides a wide range of retail products at low prices. This retail
Sol Strategies has strengthened its validator operations and SOL holdings, acquiring an additional 40,300 SOL worth $9.93 million. Expansion of SOL Holdings and Validator Operations Remain Key for Sol Strategies Sol Strategies Inc., a publicly traded Canadian firm focused on the Solana blockchain, has announced significant validator growth and expanded SOL holdings. Between Jan. 19-31,
Bitcoin’s network activity has reached its lowest in 3 years, with transaction volume plummeting and the mempool becoming almost empty. This big drop has lowered transaction fees and is making miners less profitable. Many miners might now wonder if Bitcoin mining can be pursued as a profitable venture. Bitcoin mempool on Sunday morning — Mempool.space
With Bitcoin, the leading cryptocurrency, trading around $100,000 (approximately ₱5,800,000) and many other coins experiencing significant surges, scammers are taking advantage of the growing interest in crypto to defraud new investors. In November 2024, when the price of Bitcoin surged from $68,000 to almost $100,000, the Cybercrime Investigation and Coordinating Center warned the public about
In blockchain, one of the biggest headaches has been getting different chains to talk to each other smoothly. It’s like having phones that can only call others of the same brand – not very practical, right? That’s where Router Protocol comes in, and they’re making some serious waves in the crypto space, especially with their