The Commodity Futures Trading Commission (CFTC) is poised for a major political shakeup following the departure of Democratic Commissioner Christy Goldsmith Romero. Romero’s resignation marks a significant change […]
Uniswap Labs Wins Appeal Against Class Action Lawsuit, Boosting DeFi Industry
In a significant victory for the decentralized finance (DeFi) industry, Uniswap Labs has secured a win in its appeal against a class action lawsuit. The Second Circuit Court […]
Senator Durbin Proposes New Bill to Safeguard US Crypto ATM Users
Senator Dick Durbin has introduced legislation aimed at combating fraud at cryptocurrency ATMs across the United States. He highlighted a recent instance where an elderly constituent lost $15,000 […]
Bybit CEO Raises Concerns About Pi Network’s Legitimacy
Pi Network, a cryptocurrency mining project that recently launched its Open Network after years of delays, has faced scrutiny from industry leaders, including the CEO of Bybit exchange. […]
Tether CEO Accuses Competitors of Using ‘Lawfare’ Tactics to Stifle Growth
Paolo Ardoino, CEO of Tether, has accused rival stablecoin issuers of employing legal pressure and tactics to hinder the growth of USDT. He highlights that these competitors are […]
Circle CEO Calls for US Oversight of Tether’s USDT Stablecoin
Jeremy Allaire, co-founder of Circle, advocates for consistent regulation of stablecoin issuers, regardless of their global locations. He argues that firms issuing US dollar-pegged stablecoins should register with […]
Warren’s Crypto Clash Looms as Democrats Navigate Regulatory Landscape
A brewing battle over cryptocurrency regulation is threatening to divide Democratic senators, pitting Senator Elizabeth Warren’s vocal opposition against the desires of a growing pro-crypto faction within her […]
SEC Drops DeFi Appeal: What It Means for Crypto
The U.S. Securities and Exchange Commission (SEC) has dropped its appeal to expand securities laws into decentralized finance (DeFi). This marks a significant development in the crypto industry’s […]
Tether Lawsuit Sparks Concerns About Regulatory Capture in Cryptocurrency
Social media chatter suggests a new stablecoin law proposal could severely impact offshore issuers like Tether, potentially barring them from holding US Treasuries. This echoes the tactics employed […]
Crypto Market Plunges: Will It Recover or Crash Further?
The cryptocurrency market is currently experiencing a significant downturn, with Bitcoin falling below $90,000 and losing over $800 billion in value. This plunge has raised concerns among investors […]
SEC Changes Course on Cryptocurrency Firms: Investigations End, Policies Evolving
The SEC’s decision is a pivotal step toward a more nuanced approach to regulating cryptocurrency. The outcome of this change will undoubtedly impact not only individual firms but […]
First XRP Spot ETF Approved in Brazil: Implications for Crypto Market
Brazil has set a landmark precedent by approving the world’s first XRP spot ETF, ushering in a new era of accessibility for institutional investors in the crypto market. […]
Navigating the Crypto Regulation Landscape: A Case Study
As the cryptocurrency market continues to grow, regulatory frameworks are evolving worldwide. This case study examines how global regulators are implementing stricter compliance measures to safeguard investors and […]
Tether CEO Argues Competitors Using Lawfare to Stifle Stablecoin Growth
Paolo Ardoino, CEO of Tether (USDT), has accused competitors of employing a strategy known as ‘lawfare’ to impede the growth of their stablecoin business. Ardoino believes these rivals […]
Tether CEO Alarmed by Proposed Stablecoin Bill Changes Threatening Its Dominance
A potential new bill aimed at regulating the stablecoin market could significantly impact Tether, with concerns arising about its influence and fairness. Paolo Ardoino, CEO of Tether, has […]