U.S. President Trump granted a pardon to Changpeng Zhao, the founder of Binance, for failing to comply with anti-money laundering regulations. This action has triggered mixed reactions from […]
Binance Considers US Market Integration: Exploring Options for Global Expansion
Binance is exploring various potential integration options involving Binance.US, its American subsidiary. However, details remain unconfirmed, with no official announcements regarding a concrete plan yet.
Polymarket Betting Scandal Raises Concerns About Regulation of Crypto Prediction Markets
Polymarket, a platform for predicting outcomes, is facing scrutiny after its Nobel Peace Prize prediction market saw suspicious trading activity preceding the announcement. This incident raises questions about […]
Crypto.com Seeks U.S. National Trust Bank License for Expanded Custody Services
Crypto.com has taken a significant step towards expanding its operations in the US market by applying for a U.S. National Trust Bank Charter. This move aims to broaden […]
Daily Market Wrap: October 23 Highlights
The cryptocurrency market is buzzing with activity today as regulatory updates and new developments take center stage. Here’s a quick look at the hottest stories you need to […]
Binance Invests Heavily in Lobbying for Regulatory Relief
Cryptocurrency exchange Binance has significantly increased its lobbying efforts in Washington D.C., aiming to obtain regulatory relief and potentially secure presidential pardons for CEO Changpeng Zhao. The company […]
Coinbase CEO Meets Senators to Push for Crypto Regulation
Brian Armstrong, CEO of Coinbase, met with 25 U.S. senators to discuss the need for crypto market structure legislation and encourage regulatory clarity in the digital asset space. […]
Africa Leads Cryptocurrency Growth with Accelerated Regulations
African countries are rapidly establishing regulations for cryptocurrencies, a move driven by record-breaking adoption rates. This fast-growing region is seeing the potential of blockchain technology to address its […]
CZ’s Pardon: Reshaping Crypto’s US Future
Donald Trump’s pardon of Changpeng Zhao, former CEO of Binance, marks a significant shift in the relationship between political power and the cryptocurrency industry in the United States. […]
Crypto.com Seeks U.S. Banking License to Offer Regulated Services
Crypto.com and Ripple are taking steps toward providing regulated crypto services in the US, aiming to secure banking licenses for custody solutions. This move comes as other companies […]
Binance Invests in U.S. Lobbying to Re-enter the Market
Crypto exchange Binance has allocated a significant sum, $740,000, towards a U.S. regulatory and lobbying strategy, signaling its commitment to re-entering the American market. The move involves hiring […]
Fed Grants Limited Payment Access to Stablecoin Issuers: Implications for Market Dynamics
The Federal Reserve has granted limited access to payment services for non-bank stablecoin issuers, under the GENIUS Act framework. This move raises significant questions regarding regulatory changes within […]
Trump Taps Michael Selig as CFTC Chair: A Potential Boost for Crypto?
President Trump has nominated Michael Selig to lead the Commodity Futures Trading Commission (CFTC), a move widely seen as a step towards a more pro-crypto regulatory environment in […]
HKEX Cracks Down on Digital Asset Treasury Firms
Hong Kong’s stock exchange has rejected applications from companies focusing on digital asset treasury strategies, reflecting a broader regulatory trend in Asia-Pacific. This move follows similar actions by […]
Trump Nominates SEC Crypto Counsel to Head CFTC, Aiming to Bolster US Crypto Market Dominance
Donald Trump has nominated Michael Selig, the general counsel of the SEC’s crypto task force, to become chair of the U.S. Commodity Futures Trading Commission (CFTC). This appointment […]