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US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense
27.5.2024
U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more...
U.S. Credit Unions Adopt Tokenization of Real World Assets
24.5.2024
Credit Unions in the U.S. are starting to use blockchain and tokenization to automate business processes, but regulatory challenges remain.
The post U.S. Credit Unions Adopt Tokenization of Real World Assets appeared first on Cryptonews
Uniswap ready to fight for DeFi against SEC, Bitcoin Runes hype fades: Finance Redefined
24.5.2024
Transactions attributed to the Runes protocol accounted for over 50% of all Bitcoin transactions between April 20 and 24; however, by May 2, this figure had dropped to 11.1%
Coinbase, SEC spar over investment definition in appeal attempt
24.5.2024
The SEC is evading the real issue, and the court was wrong to take its side, Coinbase claims in a defense of its interlocutory appeal
Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol
22.5.2024
Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against...
Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report
21.5.2024
South Korean analysts think new challenges await the “next generation” of stablecoins, as the industry continues to develop.
The post Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report appeared first on Cryptonews
Crypto VC growth stalls at 2.4% as market challenges loom
20.5.2024
Crypto analysts predict a slow year regarding venture capital investments toward crypto projects, with an estimated increase of a mere 2.4%. The figure expected to reach is $12 billion, The general sentiment seems to be a disappointment, even with Wall Street inclining towards cryptocurrencies....
Is onboarding too hard? Crypto adoption still faces major obstacles
17.5.2024
Progress has been made in streamlining the Web3 onboarding process, but the flood of mainstream users has not yet arrived
SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems
17.5.2024
SWIFT China President Wen Yang discusses the challenges and solutions for cross-border CBDC interoperability and initiatives to bridge the technological gaps between different CBDC systems.
The post SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems appeared first on Cryptonews
Crypto Experts Pile Into New Solana Project – Next 100x Meme Coin?
16.5.2024
Is this the next 100x meme coin? Some would say so. In just under three weeks, Solana’s all-American hillbilly $SEAL has attracted over $1.2 million catching the attention of investors worldwide. That’s because, hilarious as he is, Sealana is at the forefront of a new wave of meme coins...
Post-FTX crypto industry needs education before regulation: Former Biden advisor
15.5.2024
“What I preach for is regulation that protects and prevents but does not cripple and destroy [innovation],” the senior adviser told Cointelegraph
Polkadot faces market challenges: Investor concerns rise
13.5.2024
Polkadot (DOT), one of the leading blockchain platforms known for its interoperability and scalability features, has recently encountered challenges that have raised concerns among investors and enthusiasts. A combination of factors, including market volatility, network congestion, and regulatory...
Kraken challenges SEC’s definition in legal battle
13.5.2024
Kraken counters the Securities and Exchange Commission’s version of identifying legal investment deeds pertaining to transactions on the Kraken platform. This is regarding an appeal for nullifying a case introduced by the SEC. Kraken’s appeal focuses on a crucial differentiation between...
Kraken Challenges SEC Overreach in Recent Court Filing
12.5.2024
In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court document, dated May 9, 2024, claims the SEC fails to identify legitimate...
Legal expert challenges Ripple’s ODL deal under Howey Test
10.5.2024
An important development has taken place in Ripple’s ongoing battle with the Securities and Exchange Commission (SEC) as Bill Morgan, a lawyer from the crypto sector, disputes the claim that Ripple’s On-Demand Liquidity (ODL) fits the Howey Test. This test determines whether...
UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO
10.5.2024
Komodo CTO Kadan Stadlemann said the United Arab Emirates' political stability fosters a friendlier environment for crypto businesses to flourish, compared to the challenges they face in the US.
The post UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO appeared...
Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings
10.5.2024
Bitcoin mining firm Marathon Digital reportedly battled against “operational challenges” to produce record financial results in the first quarter of 2024.
The post Marathon Digital Reports Facing ‘Operational Challenges’ in Q1 Earnings appeared first on Cryptonews
Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges
9.5.2024
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SEC files final response in Ripple XRP case
8.5.2024
The SEC argues that Ripple’s assertions do not negate the need for injunctions to prevent future violations
Philosopher Yuval Noah Harari warns of AI’s risks in finance
7.5.2024
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system