The cryptocurrency community is abuzz as XRP analysis predicts a potential surge to $21, fueled by two key drivers – powerful technical convergence and the positive implications of […]
U.S. Senate Passes GENIUS Act, Bringing Major Changes to Stablecoin Landscape
The U.S. Senate has passed the GENIUS Act, a landmark piece of legislation that marks the beginning of comprehensive federal regulation for USD-pegged stablecoins in the country. This […]
a16z Advocates for ZK-Proofs to Balance Privacy & Regulatory Demands in Crypto
Andreessen Horowitz (a16z) has proposed that advanced cryptographic techniques, specifically zero-knowledge proofs (ZK-proofs), hold the key to balancing user privacy and fulfilling regulatory transparency demands within the crypto […]
Fed Official Calls for Staff Access to Cryptocurrency, Urging Regulatory Engagement
Michelle Bowman, Vice Chair for Supervision at the Federal Reserve (Fed), advocates for allowing staff access to cryptocurrencies. She argues that banning employees from owning such assets hinders […]
Fed Seeks to Allow Staff Crypto Exposure to Enhance Understanding
The Federal Reserve is considering allowing its employees a limited investment in cryptocurrency, claiming this would enhance their grasp of the technology. Fed Vice Chair for Supervision Michelle […]
SEC Investigates Trump-Linked Crypto Firm over Alleged Stock Manipulation
The U.S. Securities and Exchange Commission (SEC) is actively investigating a cryptocurrency firm closely tied to former President Donald Trump for potential stock manipulation. This probe comes amid […]
Fed Pushes for Cryptocurrency Ownership by Staff: Bowman Advocates for New Policies
Michelle Bowman, Vice Chair of the Federal Reserve for Supervision, has proposed allowing central bank staff to hold small amounts of cryptocurrency. Bowman argues that direct exposure would […]
Bank of Korea Urges Cautious Approach for Korean Won Stablecoin Rollout
Korea’s Bank of Korea is advocating a cautious strategy for the development of Korean won stablecoins, urging banks to lead the issuance process. Governor Lee Chang-yong stressed that […]
Treasury Unveils Plan to Leverage Stablecoins for Dollar Expansion
The U.S. Treasury is promoting stablecoins as a tool to increase global dollar access and potentially boost demand for US Treasury securities. This approach aims to enhance regulatory […]
South Korea Suspends Crypto Lending to Protect Investors
In a move aimed at safeguarding its citizens from potential financial risks, the Financial Services Commission (FSC) of South Korea has issued a directive requiring cryptocurrency exchanges to […]
South Korea Paves Cautious Path for Won-Based Stablecoin
Major South Korean banks are developing a phased introduction of a won-based stablecoin, aiming to enhance financial stability through regulatory control. This initiative prioritizes KYC compliance for large […]
South Korea Set to Implement First Stablecoin Regulation in October
South Korea is preparing to introduce its first legal framework for stablecoins, aiming to regulate the rapidly expanding digital asset market. The Financial Services Commission (FSC) plans to […]
U.S. Treasury Issues Public Call for Feedback on Stablecoin Regulations
The U.S. Department of the Treasury has embarked on a critical initiative to shape stablecoin regulations, seeking public input on how financial institutions can effectively address cryptocurrency-related illicit […]
US Treasury Seeks Input on Preventing Illegal Crypto Activities
The US Treasury Department has initiated a public consultation process related to the GENIUS Act, aiming to curb illicit activities linked to cryptocurrencies. This law, recently signed into […]
US Treasury Exploring Digital Identity Verification for DeFi Security
The US Department of the Treasury is exploring the use of digital identity verification to combat illicit financial activities within decentralized finance (DeFi). Seeking public input on this […]