BlockPress

BlockPress

Crypto lobby wants software dev protections added to crypto bill

Crypto advocacy groups are pressing lawmakers to incorporate crucial protections for software developers within the upcoming crypto market structure bill. Their central concern revolves around the potential misclassification of developers as money transmitters, a designation that carries significant regulatory burdens…

Circle stock jumps 167% on NYSE debut

Circle’s Initial Public Offering (IPO) experienced a significant surge in valuation, reaching a range of $1.05 billion on June 4th. This substantial increase reflects a remarkable rise in investor demand for Circle’s shares. The upward revision in the IPO valuation…