In a call for action, Galaxy’s Head of Research, Mr. Thorn, emphasizes the importance of the GENIUS Act in securing U.S. dollar dominance. He urges lawmakers to focus […]
Senate Probes Trump’s Binance Ties: Potential Regulatory Impact for Crypto Markets
Senate Democrats have launched an investigation into former President Trump’s financial dealings with cryptocurrency exchange Binance, focusing on his $2 billion investment through MGX. The probe aims to […]
UK Positions Itself as Crypto Hub with New Regulatory Framework
The UK aims to become a global leader in the digital assets market by unveiling a comprehensive regulatory framework. Finance Minister Rachel Reeves’ draft rules will transform crypto […]
Ripple Settlement Under Fire: Internal SEC Criticism of Regulatory Backlash
The Ripple settlement reached with the SEC has sparked internal debate within the commission, raising concerns about regulatory impact and potential investor protection issues. The deal resulted in […]
Ripple Settlement: XRP Market Sees Positive Impact as SEC Penalty Reduced
The Ripple-SEC settlement, reached in a landmark agreement following the 2020 lawsuit alleging unregistered securities sales of XRP, has significantly impacted both Ripple’s business and the XRP market. […]
U.S. Senators Demand Investigation into Binance’s Ties to Trump Family
A group of U.S. Democratic senators, including Chris Van Hollen and Elizabeth Warren, have initiated a formal investigation into potential connections between cryptocurrency exchange Binance and the Trump […]
Blackrock’s XRP Move: Could Regulatory Resolution Trigger a Major Shift?
XRP has seen strong momentum lately, rallying over 8% in recent days as the broader crypto market takes off. BlackRock, a major financial firm, recently engaged in closed-door […]
Indonesia Suspends Worldcoin Operations Over Alleged License Violations
Indonesia’s Ministry of Communication has halted Worldcoin operations due to concerns about the company’s licensing practices and data handling, citing regulatory violations as the reason. Local authorities have […]
Senate Blocks Stablecoin Regulation Bill, Criticized by Treasury Secretary
The U.S. Senate has blocked the GENIUS Act, a stablecoin regulation bill that aimed to establish a unified federal framework for these digital assets. Despite the narrow 49-48 […]
Meta’s Stablecoin Plans Resurface Amidst Warren’s Push for Regulation
After Meta’s failed cryptocurrency venture, Diem, was shut down in 2022 due to intense regulatory scrutiny, the company is exploring a potential return to the stablecoin market. Senator […]
BlackRock Meets with SEC to Discuss Crypto Asset Regulation
This meeting addressed key aspects of potential regulatory frameworks for crypto-related exchange traded products (ETPs), including staking and options. BlackRock’s Robert Mitchnick, Head of Digital Assets, attended the […]
Indonesia Suspends Worldcoin Services Over Regulatory Concerns
Worldcoin’s operations in Indonesia have been temporarily suspended following regulatory concerns over compliance with electronic system provider licenses. This decision by the Indonesian Ministry of Communication and Digital […]
BlackRock Meets SEC Crypto Task Force to Discuss Staking and Tokenization of Crypto ETFs
Wall Street giant Blackrock held a meeting with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force, aiming to discuss staking in crypto exchange-traded products (ETFs) and […]
SEC Commissioner’s Regulatory Sandbox Proposal Raises Concerns for Crypto Industry
Hester M. Peirce, a commissioner at the Securities and Exchange Commission (SEC), has proposed a regulatory sandbox to address tokenized securities regulation challenges. However, Cathy Yoon, General Counsel […]
Senator Scott Condemns Partisan Block of Stablecoin Bill
A key piece of bipartisan legislation aimed at establishing clearer regulations for stablecoins faced a setback due to partisan divisions in the US Senate. Senator Tim Scott, chairman […]