Search
Coinbase Challenges SEC’s Rulemaking Process, Argues for Clear Regulations on Digital Assets
1.6.2024
Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and...
Turkey Detains 127 Crypto Ponzi Scheme Co-Conspirators, Seizes Assets Worth Over $31 Million
1.6.2024
According to Turkish authorities, the country’s law enforcement agencies have disrupted a criminal syndicate that lured unsuspecting residents into investing in a Ponzi scheme disguised as a cryptocurrency investment. The syndicate is reported to have swindled $1 billion from investors who were...
Be persistent with the SEC, says Franklin Templeton digital asset head
1.6.2024
The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator
SEC Issues Investor Alert Highlighting 5 Common Crypto Scams
1.6.2024
The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated techniques, making fund recovery difficult....
Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies
1.6.2024
A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide...
New York Tightens Customer Service Regulations for Crypto Companies
1.6.2024
The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to ensure timely and fair resolution of issues, maintain records for regulatory...
SEC Commissioner Proposes Joint US-UK Digital Securities Sandbox
31.5.2024
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox. She noted that the U.S. and UK are ideally positioned for this initiative, emphasizing that this collaboration would benefit innovators, regulators, and consumers in both...
Elon Musk Says Crypto Can Shift Power From Government to the People, but Denies Discussing Crypto With Trump
30.5.2024
Tesla and Spacex CEO Elon Musk has debunked reports claiming that he advised former U.S. President Donald Trump on cryptocurrency. While stating that he is pretty sure he has not discussed crypto with Trump, Musk said crypto can “shift power from the government to the people,” and...
US pro-crypto super PAC Fairshake gets $25M from Andreessen Horowitz
30.5.2024
The major contribution comes a day after the PAC received an equal amount from Ripple
$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says
30.5.2024
Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since Genesis halted withdrawals. This recovery follows a settlement with Genesis and other creditors...
SEC Commissioner pitches safe space for digital securities experiment
30.5.2024
Hester Pierce said her “sandbox” pitch would offer opportunities for cross-border collaborations between blockchain firms without fear of regulatory threats
Franklin Templeton's Jenny Johnson on Bitcoin ETFs, RWA Tokenization and Blockchain's Potential for TradFi
30.5.2024
The president and CEO of the asset management giant said blockchains are "transformational tech" that can help drive down operational costs during a panel discussion at Consensus 2024
Genesis Returns $2.2B in Crypto Assets to Lending Program Participants
30.5.2024
Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week.
The post Genesis Returns $2.2B in Crypto Assets to Lending...
Trader Turns $462 into $3.4 Million Thanks to PEPE
30.5.2024
While very volatile, cryptocurrencies offer some of the highest potential returns in investing, especially with assets like meme coins like PEPE.
The post Trader Turns $462 into $3.4 Million Thanks to PEPE appeared first on Cryptonews
Ark CEO Cathie Wood Talks Bitcoin With El Salvador’s President — Applauds His Vision for BTC Hub
30.5.2024
Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms. “President Bukele’s determination to transform El Salvador into a...
U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year
30.5.2024
Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won't have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way
Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions
29.5.2024
Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available...
RWA Protocol Blocksquare Announces $100 Million Tokenization of Real Estate Assets
29.5.2024
Blocksquare, a real estate tokenization protocol, has announced that it has tokenized $100 million in properties across various sectors. The team believes this marks a significant advancement in the digital real estate market, facilitated by the launch of their new decentralized finance (defi)...
TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization
29.5.2024
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024
Mastercard Launches Crypto Credential Service for Simplified Cross-Border Transactions
29.5.2024
Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier and more secure peer-to-peer (P2P) cryptocurrency transactions. The service, which allows users to transfer cryptocurrencies using simple aliases,...