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Rep. Patrick McHenry Indicates Progress on Stablecoin Legislation Before Election
21.3.2024
U.S. House Financial Services Committee Chair Rep. Patrick McHenry hints at possible advancements in stablecoin legislation, indicating potential progress before the upcoming election day.
The post Rep. Patrick McHenry Indicates Progress on Stablecoin Legislation Before Election appeared first...
Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief
20.3.2024
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute. The proposal was submitted to the U.S. District Court for the Southern District of New York. It aimed...
Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
20.3.2024
U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote
Support Mounts for Coinbase as Industry Leaders Call on SEC to Draft Clear Crypto Regulations
20.3.2024
Several supporters have joined Coinbase Inc. in its legal battle against the U.S. SEC to urge the agency to reconsider its stance on crafting specific regulations for the cryptocurrency industry.
The post Support Mounts for Coinbase as Industry Leaders Call on SEC to Draft Clear Crypto Regulations...
SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares
20.3.2024
Regulatory uncertainty persists as the U.S. SEC pushes back the decision date for Hashdex and ARK 21Shares' spot Ethereum ETF applications, aiming for comprehensive review.
The post SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares appeared first on Cryptonews
Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny
20.3.2024
Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of the development of regulatory legislation
Binance Urges Prime Brokers to Enhance KYC to Avoid U.S. Investors
19.3.2024
Binance has reportedly urged prime brokers like FalconX and Hidden Road to enhance their client screening processes to prevent U.S. investors from accessing its platform
The post Binance Urges Prime Brokers to Enhance KYC to Avoid U.S. Investors appeared first on Cryptonews
Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges
19.3.2024
Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...
SEC Requests $158 Million Increase to Tackle Crypto Market Challenges in 2025 Budget Proposal
19.3.2024
The U.S. Securities and Exchange Commission is seeking an additional $158 million for its 2025 budget to address the growing complexities in financial markets, particularly the challenges stemming from the crypto sector.
The post SEC Requests $158 Million Increase to Tackle Crypto Market...
Binance Asks Prime Brokers to Enhance KYC to Block U.S. Nationals: Bloomberg
19.3.2024
The presence of U.S. nationals on the platform has been a contentious issue for authorities as, officially, they are banned but continue to pop up
Fidelity Updates Spot Ethereum ETF Application to Include Staking
19.3.2024
Fidelity has updated its Spot Ethereum exchange traded fund (ETF) application to the U.S. Securities and Exchange Commission (SEC) on March 18 to include staking.
The post Fidelity Updates Spot Ethereum ETF Application to Include Staking appeared first on Cryptonews
Nearly $100M Wagered on U.S. Presidential Election on Polymarket
18.3.2024
Blockchain bettors see a clear path to victory for Trump, and are bullish on ether hitting an all-time high in 2024 – but SOL might get there first, thanks to "memecoin March."
Democratic Senators Urge SEC Chair Gensler Against Crypto ETF Approvals, Cite “Significant” Risks
15.3.2024
Democratic Senators Laphonza Butler (D-CA) and Jack Reed (D-RI) are pushing United States Securities and Exchange Commission (SEC) Chair Gary Gensler to “strictly limit” the approval of crypto-based ETFs. The senators claim that further approval of crypto ETFs in the U.S. could pose "significant"...
Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet
15.3.2024
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of Illinois U.S. Attorney’s Office, the seizure marks...
Coinbase Deletes Controversial Meme Coin Post Targeting Elizabeth Warren
14.3.2024
Cypto exchange Coinbase has deleted a controversial memecoin post targeted at U.S. Senator Elizabeth Warren. On March 13, the crypto exchange took down the post, which provided instructions on “how to buy Elizabeth Whoren,” a controversial token mocking the Massachusetts senator.
The post Coinbase...
Trump is Clear Favorite Among Crypto-Owning Voters in U.S. Presidential Race: Poll
14.3.2024
U.S. presidential candidate Donald Trump is the prevailing favorite of voters who own cryptocurrencies, according to a poll commissioned by crypto investment firm Paradigm and released on Thursday
Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs
14.3.2024
Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has opened opportunities for Thai asset management firms to gain...
US Department of Justice Takes Action Against $2.3 Million ‘Pig Butchering’ Scam
14.3.2024
The U.S. Department of Justice files a civil forfeiture action to recover $2.3 million in cryptocurrency linked to a widespread romance “pig butchering” scam operation.
The post US Department of Justice Takes Action Against $2.3 Million ‘Pig Butchering’ Scam appeared first on Cryptonews
FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says
14.3.2024
U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims
13.3.2024
The United States Attorney’s Office in Massachusetts filed a civil forfeiture action on Wednesday aimed at returning $2.3 million in cryptocurrency to 37 victims of online scams and fraud