“We are in the process of communicating with relevant parties and fully committed to working this out” Su Zhu stated.

The proposed law won’t necessarily make crypto legal tender in the country, but it’ll at least be legally recognized financial.

A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency.

Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others.

Bill Gates has slammed “expensive digital images of monkeys” while an NFT trader made a 921.12 ETH profit on a.

The commission could be performing routine check-ups on the exchange in question, or it could be looking for specific compliance.

The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement.

The boss of the world’s largest crypto exchange said we’ve been through this before as a community.

The firm estimated that users can save 35% on gas fees with newly optimized transaction efficiency.

The two entities seek to enhance the integration of innovative Web 3.0 technologies in everyday use.