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Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing
15.6.2023
The crypto community is abuzz with discussions on social media about the recent United States House Committee hearing held on June 13, 2023, which delved into regulatory clarity within the crypto industry. Notably, the co-CEO of an obscure cryptocurrency broker named Prometheum expressed support...
SEC Crackdown on Crypto: Harsh Realization or Necessary Clarity?
15.6.2023
The cryptocurrency industry has been under huge pressure since the price of Bitcoin plunged from its all-time high of $69,000 in late 2021.
A string of alleged frauds, financial contagions, and security breaches, along with the collapse of some high-profile trading and lending platforms, has...
Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
14.6.2023
Ripple's operations gear up in Europe and Asian markets despite an ongoing lawsuit instituted by the U.S. Securities and Exchange Commission
SEC asks for more time to respond to Coinbase call for crypto clarity
14.6.2023
The securities regulator said it would make a recommendation within 120 days on Coinbase’s rulemaking request, but says the action has “no merit.”
Providing Regulatory Clarity (Binance and Coinbase Edition)
8.6.2023
The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward
Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry
5.6.2023
The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco...
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
2.6.2023
The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC's previous approach to crypto
China to gain most from restrictive US crypto regulations: Coinbase CEO
31.5.2023
The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore
Binance suspends deposits for bridged tokens, seeks clarity from Multichain team
25.5.2023
Transactions on the Multichain protocol have been delayed across multiple cross-chain bridges without a clear explanation
US Lawmakers Reintroduce Securities Clarity Act Which Coins New Term
19.5.2023
US lawmakers introduced a bill on Thursday that aims to clarify how digital assets are labeled, in part through a new term coined an “investment contract asset.”
Reps. Tom Emmer, R-Minn., and Darren Soto, D-Fla., reintroduced the Securities Clarity Act, with backing from crypto advocacy groups...
US Chamber of Commerce Backs Coinbase in Fight for Regulatory Clarity
10.5.2023
The US Chamber of Commerce backed Coinbase’s request for the US Securities and Exchange Commission to write rules for cryptocurrency in a recent court filing.
The Chamber, which is the world’s largest business organization, said no one knows for certain which digital assets are securities under...
We Need Regulatory Clarity to Keep Crypto Exchanges Onshore and DeFi Permissionless
10.5.2023
The lack of clear crypto regulation risks sending companies overseas. Congress must bring regulatory clarity to crypto market structure, defining the bounds and appropriate legal treatment of crypto securities, commodities, and exchanges, say Jack Solowey and Jennifer J. Schulp
Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem
9.5.2023
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the [blockchain] ecosystem.” The unveiling of the adoption strategy document has also been hailed as a step that will lend...
The Need for Clarity in Washington – Not Just on Crypto
5.5.2023
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such...
Institutional investors call for more clarity, per a Coinbase Survey
2.5.2023
The US was once a technological hub. Now, it was once a technology. In other words, there are other regions gaining dominance in the segment. While it is not exactly the fault of the US, there is a sector where the country needs to tighten its grip. The digital asset industry is growing faster...
Where crypto can grow: Digital asset regulations around the world
28.4.2023
While many countries have sped up their efforts to regulate cryptocurrencies following a crisis-filled 2022, most still lack a clear framework for the industry to build around
Regulation Clarity Will Bring on More Consumer Web3 Users, PepsiCo’s Executive Says
26.4.2023
PepsiCo Head of Next Gen DTC Connections and Innovation Kate Brady talks about the urgency in regulatory clarity in the customer web3 space at CoinDesk Consensus 2023 conference
Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity
25.4.2023
On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital...
Coinbase files a narrow action to seek regulatory clarity from the SEC
25.4.2023
Paul Grewal, the Chief Legal Officer for Coinbase, has shared the update that the crypto venture has filed a narrow action in the federal court, seeking more clarity from the US Securities & Exchange Commission. The development aligns with the mission of Coinbase, wherein the crypto venture...
Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
21.4.2023
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them