The South Korean Financial Services Commission (FSC) has issued a directive to crypto exchanges, effectively halting new crypto lending activities. The move comes amid escalating investor risks and […]
Tim Scott Sees Democratic Backing for Cryptocurrency Regulation
Senator Tim Scott’s optimistic outlook suggests that the CLARITY Act, a critical piece of legislation aimed at regulating cryptocurrencies, may garner significant bipartisan support. This bill aims to […]
Trump Jr.: US Needs to Take Charge of Cryptocurrency for Economic Leadership
In an interview, Donald Trump Jr. emphasized the importance of cryptocurrency for the US economy by citing his family’s experience with financial exclusion due to political opposition. He […]
South Korea Suspends Crypto Lending Amid Volatility Concerns
In response to growing market volatility and investor losses, South Korea’s Financial Services Commission (FSC) has ordered the suspension of crypto lending services by domestic exchanges. Starting August […]
Wyoming Unveils First US-State Issued Stablecoin: FRNT Breaks Ground
Wyoming has taken a major step towards shaping the future of digital asset regulation in the United States with the launch of its own stablecoin, FRNT. This innovative […]
Federal Reserve Considering Allowance for Staff Crypto Holdings
The Federal Reserve might allow staff to hold small crypto amounts as a strategy to better understand digital assets and attract qualified experts in the fintech sector. This […]
Scott Predicts Bipartisan Support for Crypto Market Structure Bill
Despite the US Congress taking a break until September, Senator Tim Scott, chairman of the Senate Banking Committee, expressed optimism about bipartisan support for legislation to establish a […]
Global Financial Groups Push Back Against Crypto Bank Rules
Major financial lobbying groups have urged regulatory bodies to postpone the implementation of new crypto banking rules, citing overly strict regulations and concerns about their potential impact on […]
South Korea Halts Crypto Lending Services
The Financial Services Commission (FSC) in South Korea has halted cryptocurrency lending services until new regulations are implemented. This decision stems from concerns about legal uncertainty and potential […]
South Korea Halts Crypto Lending Amid Market Volatility and Investor Concerns
South Korea’s Financial Services Commission (FSC) has ordered local cryptocurrency exchanges to temporarily halt their lending services, citing concerns over market volatility and potential investor harm. The action […]
Why Bitcoin’s Public Ledger Outshines the Fed’s Secretiveness
Bitcoin and the Federal Reserve offer stark contrasts in transparency, shaping financial markets, regulation, and public trust. While Bitcoin’s open ledger empowers a continuous audit trail, the Fed […]
Tether Appoints Bo Hines as Strategic Advisor: Shaping U.S. Market Strategy
Tether has appointed Bo Hines, former Executive Director of the White House Crypto Council, as its new Strategic Advisor to lead efforts in the U.S. market. This move […]
Illinois Enacts New Crypto Laws, Aims for Consumer Protection
Governor JB Pritzker signed two new laws in Illinois aimed at enhancing consumer protection and oversight of the digital asset market. The ‘Digital Asset and Consumer Protection Act’ […]
Tether Taps Former White House Crypto Advisor for US Stability Strategy
Tether has brought on board Bo Hines, a former advisor to the U.S. administration in the crypto sphere, to lead their U.S. strategy as the GENIUS Act reshapes […]
South Korea Halts Crypto Lending on Exchanges Amid Regulatory Concerns
In a move aimed at protecting investors and addressing potential market risks, South Korea’s Financial Services Commission (FSC) has ordered a temporary halt to crypto lending services offered […]