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Payment Use Cases Fuel Increasing Stablecoin Growth


The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets.  The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...

VanEck CEO Says SEC Unlikely to Approve Spot Ether ETFs in May


VanEck CEO Jan van Eck has expressed doubt regarding the approval of spot Ether ETFs by the United States Securities and Exchange Commission in May.  The post VanEck CEO Says SEC Unlikely to Approve Spot Ether ETFs in May appeared first on Cryptonews

Coinbase Legal Chief Pushes For Stablecoin Regulation


Paul Grewal, the legal chief at Coinbase, encouraged the US Congress to quickly pass stablecoin legislation on April 9 in order to combat the illegal usage of cryptocurrencies. Paul Grewal's plea coincides with the Senate Banking trial on combating terrorism, illicit financing, and sanctions...

SEC Asks For Public Comment Regarding Spot Ethereum ETF Approval


The United States Securities and Exchange Commission (SEC) is seeking public comment over the potential approval of a spot Ethereum (ETH) ETF, an April 2nd court filing reveals. What are the odds a spot ETH ETF gets approved by May? The post SEC Asks For Public Comment Regarding Spot Ethereum...

Online Games Act Like Unregulated Banks, And The US Gov’t Has Noticed


A new report from the United States Consumer Financial Protection Bureau (CFPB)—an organization focused on enforcing the laws that protect consumers—indicates the bureau is aware of and monitoring big online video games that are filled with in-app purchases, digital currencies, and shady...

Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day


Bitcoin spot exchange-traded funds (ETFs) in the United States have witnessed a three-day streak of net outflows, with a total of $261.5 million leaving the ten approved funds on March 20.    The post Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day appeared first on Cryptonews

SEC Probing Crypto Firms to Classify Ethereum as a Security: Fortune Reports


The United States Securities and Exchange Commission (SEC) has reportedly served a number of key businesses in the crypto industry with subpoenas in relation to obtaining records about the Ethereum Foundation, a new report reveals. According to Fortune, SEC Chair Gary Gensler is leading the agency...

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