‘Stand with Crypto’ PAC hits 1 million advocates
The Stand With Crypto political action committee claims that nearly nine in 10 Americans believe the financial system needs an overhaul. Go to Source
Bitcoin Regulation
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Senator Lummis sends letter to Biden urging no veto for SAB 121 repeal
The Senator pointed to the troubling manner in which the Securities and Exchange Commission issued its controversial staff accounting bulletin. Go to Source
TradFi execs say crypto derivatives will play larger role in Bitcoin’s future
Experts say BTC and ETH derivatives will be instrumental in integrating crypto to TradFi and sending each to new all-time highs. Go to Source
Ex-Florida congressman joins Coinbase Global Advisory Council
Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters. Go to Source
Turkey proposes aligning crypto legislation with international standards
The draft law aims to govern crypto asset service providers, crypto asset platform operations, crypto asset storage, and crypto asset buying, selling, and transfer transactions. Go to Source
India’s SEBI recommends local regulators to monitor crypto trading
Documents reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India. Go to Source
CFTC announces $1.8M settlement against brokerage firm FalconX
The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao. Go to Source
El Salvador launches $360M Bitcoin Treasury monitoring website
El Salvador was the first country to adopt Bitcoin as legal tender back in 2021 and now holds over 5,700 BTC. Go to Source
SEC has taken ‘too expansive’ a view of crypto, says former commissioner
Former SEC commissioner Troy Paredes was not the first to criticize the U.S. financial regulator’s lack of clarity on digital assets. Go to Source
Crypto options desk QCP Capital wins Abu Dhabi license: Report
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region. Go to Source
