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Coinbase Battles SEC Over Delayed Crypto Regulation Documents
15.10.2024
Coinbase, one of the largest cryptocurrency exchanges in the U.S., filed a motion in a District of Columbia…
EU’s MiCA bill set to shape global stablecoin regulations — Binance
15.10.2024
While MiCA is seen as a net positive for stablecoin regulation, it introduces consolidation concerns, especially among small crypto firms
Trump leads Harris, but POTUS won’t matter for Bitcoin: BlackRock’s Fink
15.10.2024
As Trump extends his lead over Harris in the prediction markets, BlackRock CEO Larry Fink said it doesn’t matter to Bitcoin who occupies the White House
South Korea to Form Committee to Review Spot Crypto ETF Plans
15.10.2024
South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession, academia, and the virtual asset industry. One of its...
Regulation by enforcement leads to ‘exodus’ of talent — RAK DAO exec
15.10.2024
RAK DAO chief commercial officer Luc Froehlich told Cointelegraph that while regulations need clarity, a regulation-by-enforcement approach drives talent away.
US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?
15.10.2024
Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could...
World Liberty Financial Adds 100K Investors to Whitelist, Eyes $1.5B Valuation Post-Raise
14.10.2024
On Monday, the team behind the decentralized finance (defi) project World Liberty Financial (WLF), backed by the Trump family, announced that over 100,000 accredited U.S. investors have been added to the whitelist. During the X Spaces event, WLF founders Zachary Folkman and Chase Herro shared that...
AI risks financial stability, warns Indian central bank governor
14.10.2024
India’s central bank governor has warned of financial risks linked to AI dominance in finance, echoing concerns from global financial authorities
UAE stablecoin issuer gets nod from central bank
14.10.2024
With Tether waiting in the wings, AED Stablecoin becomes the front-runner to launch the United Arab Emirates’ first regulated dirham-pegged token
Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority
14.10.2024
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing...
Regulation Brings Clarity to Web3 Market, Developers, and Companies, Says Ava Labs CBO
13.10.2024
The Web3 industry has yet to fully enter the mainstream, according to John Nahas, chief business officer (CBO) of Ava Labs. He argues that general-purpose Layer 1 blockchains, whose primary focus is marketing their tokens, dominate the space and lack sufficient innovation. This, Nahas contends...
Elizabeth Warren vs. Innovation: It’s Time for Massachusetts to Choose
13.10.2024
Elizabeth Warren has been a major political figure in Massachusetts for over a decade. While she’s known for championing consumer protection and taking on big banks, her stance on modern financial innovation—particularly her aggressive opposition to cryptocurrency—shows that...
SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner
12.10.2024
A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led...
Blockchain Expert: Clearer Regulations Can Boost AI and Web3 Adoption
12.10.2024
Artificial Intelligence and Web3, are powerful technologies which when combined can create smarter and more decentralized systems, Mario Casiraghi, the co-founder of Singularity DAO, has asserted. Although both technologies have developed separately, Casiraghi argues that their combined strengths...
SEC’s Authority Over XRP Futures Challenged in Bitnomial Lawsuit
12.10.2024
Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security. The exchange, overseen by the Commodity Futures Trading Commission (CFTC), contests the SEC’s...
SEC Hits Market Makers With Fraud Charges for Misleading Crypto Investors
12.10.2024
The U.S. Securities and Exchange Commission (SEC) has charged multiple market makers and individuals with manipulating crypto asset markets, alleging they created fake trading activity to mislead retail investors. These schemes, including practices like wash trading, aimed to fabricate the illusion...
Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations
11.10.2024
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of...
Sen. Hagerty introduces Clarity for Payment Stablecoins Act of 2024
11.10.2024
The new bill is a refinement of Rep. Patrick McHenry’s 2023 bill, which has bipartisan support
WEF talks DeFi regulation, HKDA stablecoin integrates Chainlink: Finance Redefined
11.10.2024
The World Economic Forum has urged policymakers to adopt sandbox-based frameworks to enhance regulatory clarity for DeFi innovations and address key risks
Bipartisan support for crypto is ‘fragile’ — Congressman John Curtis
11.10.2024
71 Democrats joined their Republican colleagues in a rare bipartisan effort to repeal the SEC’s SAB-121 guidelines earlier this year