CryptoNews

As UK Elections Approach, Crypto Industry Leaders Turn Attention to Keir Starmer, Labour Party

June 14, 2024
With U.K. opinion polls indicating a strong performance by the Labour Party in the July 4 elections, crypto executives and lobbyists are reportedly focusing their attention on party leader Keir Starmer. The crypto industry has also prioritized two other pro-tech Labour Party leaders in its ongoing effort to influence the U.K. government’s policy on digital assets. Keir Starmer’s Position on…
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CryptoNews

Trump vs Biden: Riot's Morgenstern Highlights Stark Contrast in Crypto Policies

June 13, 2024
Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising former U.S. President Donald Trump’s pro-bitcoin stance and criticizing President Joe Biden’s regulatory measures. Trump promised to protect bitcoin from regulatory threats, oppose a central bank digital currency (CBDC), and support the cryptocurrency industry…
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Meme Coin Craze Drives Solana's Token Issuance to New Heights

June 12, 2024
According to statistics, 115,773 tokens were issued on the Solana blockchain, and 30-day metrics show that more than half a million tokens, specifically 549,386, were minted. Solana Blockchain Mints Over Half a Million Tokens in 30 Days Solana has recently been a major…
CryptoNews

Coinmetrics: Meme Coins Reshape Crypto Landscape Despite Centralized Token Holdings

June 12, 2024
The meme coin sector has exploded to a staggering $60 billion market capitalization, reshaping the digital asset landscape and outperforming traditional crypto assets. Researchers Tanay Ved and Matías Andrade from Coinmetrics provide insights into the implications of this trend on networks like Ethereum and Solana. The Cultural Impact of Meme Coins on Crypto According to the latest report by…
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CryptoNews

South Korean Regulator Excludes Certain NFTs From Crypto Regulations

June 11, 2024
South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines will be part of the Virtual Asset User Protection Act, effective July 19, 2024. FSC Issues New NFT Classification Guidelines On Monday, South Korea’s top financial regulator, the…
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