Search
US House to vote on FIT21 bill before holiday weekend
20.5.2024
The legislation, passed out of committee in July 2023, would clarify how the U.S. Commodity Futures Trading Commission and Securities and Exchange Commission handle crypto
Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote
20.5.2024
The Blockchain Association is urging a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21), a Monday letter from the crypto advocacy group to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries reveals. News of the letter comes on the heels...
New York AG reaches $2B settlement with Genesis ’for defrauded victims’
20.5.2024
The attorney general’s office filed a lawsuit against Genesis in October 2023 for allegedly defrauding investors through the Gemini Earn program
Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now
20.5.2024
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework
US Congress Passes First Standalone Crypto Legislation
19.5.2024
The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President Joe Biden has threatened to veto this decision, citing concerns about...
Indian Regulator Advocates Multi-Agency Approach for Crypto
18.5.2024
The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade. India’s central bank, the Reserve Bank of India (RBI), however, views crypto...
Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’
18.5.2024
Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC, the organization states that approving these spot ether ETPs would...
Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten ‘the Broader Financial System’
18.5.2024
Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC, the organization states that approving these spot ether ETPs would...
French Regulator Renews Warning Against Blacklisted Bybit
18.5.2024
The French securities regulator, the Autorité des Marchés Financiers (AMF), has issued a renewed warning against using the digital asset platform Bybit. The AMF reminded French investors that Bybit is an unregistered crypto platform operating illegally in the country. The regulator has advised...
French Regulator Renews Warning Against Blacklisted Bybit
18.5.2024
The French securities regulator, the Autorité des Marchés Financiers (AMF), has issued a renewed warning against using the digital asset platform Bybit. The AMF reminded French investors that Bybit is an unregistered crypto platform operating illegally in the country. The regulator has advised...
Changpeng Zhao teases writing project ahead of reporting to prison
18.5.2024
On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing
Oklahoma Enacts Bill Safeguarding Residents’ Right to Self-Custody Digital Assets
17.5.2024
Oklahoma has passed a bill aimed at protecting the rights of its residents to self-custody their digital assets.
The post Oklahoma Enacts Bill Safeguarding Residents’ Right to Self-Custody Digital Assets appeared first on Cryptonews
Crypto firms rally behind FIT21 bill approaching US House floor vote
17.5.2024
Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule
Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
17.5.2024
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator's scope
XRP Lawyer Deaton hits back at SEC and Warren over crypto regulation
17.5.2024
John Deaton, a well-known lawyer who has spoken publicly in favor of XRP, recently published a devastating review of both the Securities and Exchange Commission (SEC) and Senator Elizabeth Warren. He opines that the above entities are more concerned about their political agendas than those of...
Turkey proposes aligning crypto legislation with international standards
17.5.2024
The draft law aims to govern crypto asset service providers, crypto asset platform operations, crypto asset storage, and crypto asset buying, selling, and transfer transactions
DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn
17.5.2024
Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,” which extends requirements to non-custodial software, citing concerns over its impact on crypto networks and financial innovation. “I’m concerned the DOJ’s...
Bitcoin moves toward range highs but derivatives traders watch from the sidelines
16.5.2024
Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions
Andrew Tate Plans to Invest Big in Bitcoin, Leaving Fiat Completely
16.5.2024
Andrew Tate, a British-American social media personality and former professional kickboxer, has announced a plan to invest significantly in bitcoin, expressing frustration with banks and their scams. “I’m about to leave fiat completely,” he stressed. “I’m done...
US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms
16.5.2024
The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes regulatory burdens on digital asset custodians. The resolution also passed in the House and now faces a veto threat from President Joe Biden. Last week, the White House...