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Indian Official Expresses Doubts About Crypto: ‘I Am Very Skeptical’
23.11.2024
India’s financial services secretary expressed deep skepticism about cryptocurrency, calling it a doubtful scheme, despite the nation’s top crypto adoption ranking. Indian Official Speaks Out: ‘Very Skeptical of Cryptocurrency’ M. Nagaraju, Secretary of India’s...
BTC and XRP Redefine Boundaries in US Crypto Regulation
23.11.2024
BTC and XRP challenge securities classifications as a legal expert argues underlying assets are distinct from investment contracts, intensifying calls for regulatory clarity in crypto markets. BTC and XRP Lead Legal Shift in Crypto Investment Contract Standards A well-known advocate in...
Potential SEC chair pledges crypto-forward approach after Gensler resignation
22.11.2024
Donald Trump has not yet named his pick for SEC chair to send to the Senate, but Commissioner Mark Uyeda offered a preview of the regulator’s approach to crypto in 2025
United Kingdom to Introduce Regulation for Crypto in 2025
22.11.2024
Stablecoins and staking services will be covered by the regulations which will provide clarity for the crypto sector in the United Kingdom. UK Looking to Attract Crypto Companies The United Kingdom (U.K.) plans to share a legislative framework to regulate the cryptocurrency industry early next...
Binance beefs up compliance team by 34% to 645 full-timers
22.11.2024
Binance promised at least 200 new compliance staffers and it will have that by yearend
Blockchain Association outlines crypto priorities for Trump’s first 100 days
22.11.2024
The Association ultimately seeks a swift end to the “regulation by enforcement” era of cryptocurrency oversight in the US.
CFTC commissioner urges crypto policy reforms
22.11.2024
The CFTC’s Summer Mersinger advocates for structured crypto regulations, urging the industry to engage with the incoming US administration
Solana ETF Momentum Grows Amid Reports of SEC Engagement
22.11.2024
The SEC’s reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency investment regulations. Solana ETF Filings Spark New Hope Discussions about a solana (SOL) spot exchange-traded fund (ETF) between the U.S....
SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe
21.11.2024
Gary Gensler, Chairman of the U.S. Securities and Exchange Commission, is set to step down on January 20, 2025. Gensler Exits Before Trump Takes Office U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler will step down on Jan. 20, 2025, paving the way for President-elect Donald...
UK to deliver comprehensive crypto regulation framework by early 2025
21.11.2024
The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies
CFPB leaves crypto wallets out of ‘Larger Participant’ rule
21.11.2024
The agency highlighted consumer and industry comments in a 259-page report detailing the final draft of the "Larger Participants" rule
US Bitcoin reserve during Trump presidency could pump BTC to $1M
21.11.2024
The strategic Bitcoin reserve could set up Bitcoin’s price for an over $1 million valuation this market cycle, according to Adam Back
Lawmaker Demands Overhaul Amid Regulatory Failures: ‘The Era of Post-Financial Crisis Regulation Is Over’
21.11.2024
“Post-financial crisis regulation is over,” a top U.S. lawmaker has declared, calling for urgent reforms to digital asset oversight, regulatory transparency, and leadership accountability at federal agencies. Lawmaker’s Warning Signals Major Shake-up for Financial Oversight Agencies House Financial...
Stablecoin bill faces several challenges — former Senator Pat Toomey
20.11.2024
The total market capitalization of the stablecoin sector has topped $174 billion as of November 2024 and continues to grow
Fmr House Speaker warns partisan gridlock could derail Trump’s crypto plans
20.11.2024
Paul Ryan served as Speaker for the House of Representatives prior to Nancy Pelosi
FTX co-founder Gary Wang sentenced to time served
20.11.2024
Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges
Japan passes stimulus package, commits to crypto tax reform
20.11.2024
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate.
The Crypto Cleanup: South Africa’s New Bid to Exit FATF’s Grey List
20.11.2024
South Africa’s Financial Intelligence Centre has issued Directive 9, requiring digital asset platforms to collect and store identity information for cryptocurrency transactions. New Rules Force Crypto Platforms to Track User Identities A South African financial intelligence unit has issued...
Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks
20.11.2024
Ripple’s CEO has warned against SEC Chair candidates tied to past enforcement controversies, urging leadership that fosters innovation and ends punitive crypto regulation. A Name Sparks Debate: Ripple CEO Slams SEC Chair Prospect Brad Garlinghouse, CEO of Ripple, has criticized the potential...
Paxos acquires Membrane Finance for EU stablecoin expansion
19.11.2024
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license