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Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
4.10.2023
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there
5 lowlights of Gary Gensler's evasive testimony before Congress
28.9.2023
The United States Securities and Exchange Commission chief was asked whether the purchase of Pokemon trading cards is a security transaction and whether Bitcoin is a commodity
SEC’s Gensler Throws More Crypto Punches in Congressional Hearing
27.9.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto "hucksters" in congressional testimony on Wednesday, declining to answer the industry's most urgent questions while arguing that digital assets companies have been dangerously careless...
Nomura’s Laser Digital receives in-principal approval for operations in Abu Dhabi
26.9.2023
The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and the rest of the United Arab Emirates
U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’
26.9.2023
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler
Crypto exchange Binance reopens exchange services in Belgium
26.9.2023
In June, Binance was ordered to halt its services in Belgium "with immediate effect," leading to the exchange redirecting Belgian users to its Binance Poland entity
US House Committee Passes CBDC Anti-Surveillance State Act With Support of 60 Congress Members
23.9.2023
The U.S. House Financial Services Committee has passed the CBDC Anti-Surveillance State Act, the first anti-central bank digital currency legislative effort introduced in the United States. Congressman Tom Emmer detailed that the bill halts the efforts of the Biden administration “from...
U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans
20.9.2023
A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress
New York Regulator Seeks Tougher Norms for Adding, De-Listing Crypto Coins
18.9.2023
Licensees in the state will have to set out technology, market and regulatory risks for listed cryptocurrencies under the state’s BitLicense regime
US House Financial Services Committee Advances Bill to Block Digital Dollar Launch
18.9.2023
The United States House Financial Services Committee is going forward with the legislative measures aimed at controlling the issuance of a digital dollar.
Chairman Patrick McHenry recently announced that the Committee has scheduled a markup session for two crucial bills related to the potential...
Virtual Currency Chief at NYSDFS Leaves to Pursue a Career in Private Sector
15.9.2023
Peter Marton, the deputy superintendent of virtual currency at the New York State Department of Financial Services (NYSDFS), will be stepping down from his position at the end of this month.
According to an internal memo seen by FOX Business, Marton will be leaving his job on September 29...
House Financial Services Comm. witnesses air multiple anti-CBDC arguments
14.9.2023
The digital assets subcommittee heard from five opponents of a U.S. CBDC without giving supporters equal (or any) time
Ripple Acquires Crypto Financial Services Company Fortress Trust
8.9.2023
Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple...
Circle Partners With Mercado Pago to Offer USDC to Chilean Customers
1.9.2023
Circle, a financial services company, has announced a new partnership with Mercado Pago, Mercado Libre’s digital payments wallet, to bring the USDC stablecoin to its Chilean customers. The partnership will allow millions of users in Chile to access USDC via Mercado Pago’s services...
Biden’s Regulators Urged to Work With Congress on Crypto Regulation
1.9.2023
A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect consumers. It’s time for Biden’s...
US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction
28.8.2023
The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions
Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval
15.8.2023
Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto
Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments
12.8.2023
Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offering U.S. dollar deposits and government money market fund services, with bitcoin...
US House Financial Services Committee leadership takes opposing sides on the PayPal stablecoin
9.8.2023
Rep. Maxine Waters said she was “deeply concerned” about the PYUSD without a proper regulatory framework in place, while Rep. Patrick McHenry said it "hold[s] promise"
Bitcoin Price Could Rise to $180,000 by 2024 Halving, Says Fundstrat
9.8.2023
In a recent note to investors, Fundstrat has forecasted a potential surge in the price of bitcoin to an astonishing $180,000 before its next block reward halving event in April 2024. The financial services company attributes this projected 521% price hike from current levels to the rising demand...