Donald Trump is doubling down on crypto, and this time, he’s not just making campaign promises—he’s laying out a plan. Speaking at the Future Investment Initiative Institute conference in Miami, the president said he wants to position the US as the global leader in crypto, and according to him, Bitcoin’s record-breaking prices are proof that …
The European Central Bank (ECB) is exploring blockchain technology to improve how central bank money transactions are processed. This bold step could help boost blockchain and cryptocurrency adoption worldwide and modernize payment systems. Two Track Approach- The ECB noted in a press release that the Governing Council of the European Central Bank (ECB) has decided …
In a latest update, the Securities and Exchange Commission today announced the creation of the Cyber and Emerging Technologies Unit (CETU) to focus on combatting cyber-related misconduct and to protect retail investors from bad actors in the emerging technologies space. The CETU, led by Laura D’Allaird, replaces the Crypto Assets and Cyber Unit and is …
The election of Donald Trump has increased anticipation for significant policy changes in the US digital asset sector. A recent tweet indicates that the SEC is taking a significant interest in crypto staking and may be on the verge of issuing new guidelines. However, before formalizing any staking policies, the SEC is currently seeking feedback …
A day after Binance CEO Richard Teng praised the improving regulatory environment for crypto in the US, Coinbase’s Chief Policy Officer, Faryar Shirzad, stepped in with a bold take – outlining six key priorities to fix the country’s crypto framework. His timing couldn’t be more interesting. With US President Donald Trump promising to make America …
The U.S. Securities and Exchange Commission (SEC) has voluntarily dismissed its appeal in a lawsuit over its controversial “dealer rule.” The SEC’s decision came after the Blockchain Association challenged the rule, arguing that it represented arbitrary and capricious rulemaking that could harm the emerging crypto sector. The SEC’s filing, which was made public today, states …
As per a latest report from Reuters, Nigeria has taken legal action against cryptocurrency exchange Binance, demanding $79.5 billion in damages for economic losses and $2 billion in unpaid taxes. The lawsuit, filed in the Federal High Court in Abuja, accuses Binance of tax evasion, violating foreign exchange regulations, and destabilizing the value of the …
Nearly two years after an SEC lawsuit disrupted Binance’s operations in the US, the company has officially resumed its USD services. The SEC had halted fiat functionality in June 2023 due to violations of securities laws, but the recent return of crypto-proponent Donald Trump has eased Binance’s legal challenges. Binance.US Rises from Legal Troubles The …
Recently, Mantra Finance, a decentralized finance and asset tokenization platform has just secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This major milestone allows Mantra to expand its reach in the UAE and across the MENA region. With this license, Mantra Finance can now operate as a digital …
In a latest development, Nigeria plans to update its digital asset regulations to tax crypto transactions, according to a Bloomberg report. This change would bring all eligible crypto transactions on regulated exchanges under the tax system, which could generating significant revenue for the country. A bill to create a framework for taxing crypto transactions and …
In a latest development, Hong Kong is potentially considering to explore gold tokenization and AI-blockchain integration to innovate finance and boost digital economy. The world’s biggest cryptocurrency and Web3.0 event, the Consensus Conference, kicked off in Hong Kong on the 18th. Notably, this is the first time in five years that the event has been …
The U.S. Securities and Exchange Commission (SEC) is facing a shift in its enforcement of cryptocurrency regulations. Recently, both Coinbase and Binance had their legal battles with the SEC temporarily paused. With Ripple possibly following suit, many are questioning whether the SEC’s crypto-enforcement program is coming to an end. Former SEC chief John Reed Stark …
After Argentine President Javier Milei endorsed the LIBRA meme coin launched on February 14, 2025, it has become the subject of investigations by experts due to a pump-dump scam. When insiders quickly sold off their shares, they withdrew $107 million, causing the coin’s value to crash and wiping out over $4 billion from its market …
In a latest development, Elon Musk’s DOGE has announced audit into the SEC for fraud, abuse and waste. The cryptocurrency community is closely watching this development, particularly as the SEC’s lawsuit against Ripple is nearing its conclusion. The DOGE_SEC account has urged the public to share information about the SEC’s actions. “DOGE is seeking help …
Tether is the most prominent player in the stablecoin market. It has a market cap of nearly $142,009,666,873. A statement posted on X by acclaimed business journalist Eleanor Terrett reveals that Tether is working with US lawmakers to develop a clear stablecoin regulatory framework in the country. Interestingly, as many as three stablecoin bills were …
The U.S. crypto scene is booming with President Donald Trump’s return, as his pro-crypto stance and push for clear regulations are sparking excitement on Wall Street. In a recent update, Crypto reporter Yueqi Yang HAS shared insights on the growing involvement of U.S. banks in the crypto services sector. Notably, some large banks are leveraging …
In a latest development, Bybit has been taken off France’s Autorité des Marchés Financiers (AMF) blacklist, a company executive confirmed. The platform had been had been on the blacklist since May 2022 for failing to meet local regulations. ByBit Eyes MiCA License Bybit CEO Ben Zhou announced on February 14 that the exchange has been …
In a latest development, Hong Kong-based Investment firm Avenir Group reports owning $599 million in Blackrock’s Bitcoin ETF. This investment positions Avenir Group as a significant institutional player in the cryptocurrency market. Notably, in the second quarter of 2024, Avenir Group became the largest institutional holder of two major Bitcoin ETFs in Asia. This included …
A total of 20 US states are pushing for Bitcoin reserves, with some bills already making traction. If these bills pass, it could result in the purchase of $23 billion worth of Bitcoin, creating strong demand. This may also encourage state pension funds to invest in BTC, putting even more pressure on supply. With Bitcoin …
A day after Brain Quintenz was named as the new chairman of the Commodity Futures Trading Commission, an interesting report, which indicates the possibility for collaboration between the US Securities and Exchange Commission and the CFTC, has been released. The report, developed by renowned journalist Eleanor Terret, has created extreme excitement in the cryptocurrency community. …
The SEC’s changing stance on digital assets is now at a critical juncture. Recently, both the SEC and Binance requested a Washington, D.C. federal judge to pause the ongoing enforcement action for two months. This pause is seen as part of the agency’s effort to develop a clearer framework through its newly formed crypto task …
Indirectly denouncing former SEC chairman stance on whether cryptocurrencies are securities, US Securities and Exchange Commission Commissioner states that a good number of the memecoins in the market do not come under the purview of the country’s securities regulatory agency. What makes her statement extremely significant is that Peirce chairs the crypto task force recently …
In a major development, cryptocurrency exchange Binance and the U.S. Securities and Exchange Commission (SEC) have filed a joint motion to pause their ongoing legal battle for 60 days. In the light of this news, Hester Peirce, SEC Commissioner and Head of the SEC Crypto Task Force, was asked “What other cases do you have …
In a latest development, Franklin Templeton, a global asset management company and spot Bitcoin exchange-traded fund (ETF) issuer, has filed corporate registration documents for the “Franklin Solana Trust” in Delaware, USA. This indicates that it joins competitors like Canary Fund and Grayscale in pursuing a Solana ETF. This signals that a spot ETF filing may …
In a latest development, Franklin Templeton, a global asset management company and spot Bitcoin exchange-traded fund (ETF) issuer, has filed corporate registration documents for the “Franklin Solana Trust” in Delaware, USA. This indicates that it joins competitors like Canary Fund and Grayscale in pursuing a Solana ETF. This signals that a spot ETF filing may …
In a bold move, Federal Reserve Chair Jerome Powell has called for a “fresh look” at debanking, following criticism that the crypto industry is being denied access to banking services. During a Senate Banking Committee hearing on Tuesday, Tim Scott, the committee’s Chair, asked Jerome Powell if he would work together to ensure that financial …
The legal scene between Osprey Funds and is heating up again. Asset manager Osprey Funds is asking a Connecticut state judge to reconsider his decision that favored Grayscale in an ongoing lawsuit over unfair trading practices. This case revolves around claims that Grayscale misled investors about converting its Bitcoin trust into an exchange-traded fund (ETF). …
The legal battle between the world’s largest crypto exchange Binance and the U.S. Securities and Exchange Commission (SEC) has taken a surprising turn. Both parties have agreed to pause the case for 60 days, marking a potential shift in how the SEC handles crypto lawsuits. Does it mean that the SEC is easing its stance …
Japan is gearing up for a big shift in its crypto regulations. This came after, Japan FSA requested, the removal of several crypto exchanges like Bybit, KuCoin, and Bitget from Apple stores, signaling tighter crypto regulations. Now that the global crypto scene is changing, Japan is also planning to boost digital asset adoption in the …
Pump.fun co-founder Alon Cohen has dismissed rumors about an upcoming Pump.fun token, calling reports of a Dutch auction launch with centralized exchanges false. Cohen emphasized that the team remains focused on product improvements and properly rewarding users, urging the community to ignore unauthorized claims. This contradicts crypto analyst Wu Blockchain’s report claiming documents confirm token …