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crypto industry – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 14 Jan 2025 03:24:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png crypto industry – DIGIT INFO https://www.digit.info 32 32 Senator Warren urges Trump’s Treasury pick to consider stricter crypto regs https://www.digit.info/senator-warren-urges-trumps-treasury-pick-to-consider-stricter-crypto-regs/ Tue, 14 Jan 2025 03:24:06 +0000 https://www.digit.info/senator-warren-urges-trumps-treasury-pick-to-consider-stricter-crypto-regs/

One crypto executive speculates Warren’s letter is a veiled attempt to justify an expansion of regulation against “neutral crypto technology providers.”

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Redemption arcs of 2024: Ripple’s victory, memecoins’ rise, RWA growth https://www.digit.info/redemption-arcs-of-2024-ripples-victory-memecoins-rise-rwa-growth/ Wed, 25 Dec 2024 21:30:00 +0000 https://www.digit.info/redemption-arcs-of-2024-ripples-victory-memecoins-rise-rwa-growth/

Bitcoin’s 2024 returns were doubled by the XRP token, following a significant legal victory for Ripple Labs and expectations of the SEC potentially dropping the lawsuit.

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Over 86% of Web3 professionals are confident in the future of crypto: Consensys https://www.digit.info/over-86-of-web3-professionals-are-confident-in-the-future-of-crypto-consensys/ Tue, 10 Sep 2024 12:59:00 +0000 https://www.digit.info/over-86-of-web3-professionals-are-confident-in-the-future-of-crypto-consensys/

The surprising workforce optimism comes despite the current regulatory uncertainty ahead of the US elections.

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Stakeholders urge Nigeria to adopt compliance-focused crypto regulation https://www.digit.info/stakeholders-urge-nigeria-to-adopt-compliance-focused-crypto-regulation/ Sun, 25 Aug 2024 10:49:49 +0000 https://www.digit.info/stakeholders-urge-nigeria-to-adopt-compliance-focused-crypto-regulation/

While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.

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Australian regulator claims win over Kraken’s Bit Trade in federal court  https://www.digit.info/australian-regulator-claims-win-over-krakens-bit-trade-in-federal-court/ Fri, 23 Aug 2024 06:18:11 +0000 https://www.digit.info/australian-regulator-claims-win-over-krakens-bit-trade-in-federal-court/

A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws. 

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Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections https://www.digit.info/report-crypto-industry-spends-record-119-million-in-2024-federal-elections/ Thu, 22 Aug 2024 16:10:43 +0000 https://www.digit.info/report-crypto-industry-spends-record-119-million-in-2024-federal-elections/ Read more]]> Report: Crypto Industry Spends Record $119 Million in 2024 Federal ElectionsThe crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a detailed report by citizen.org. This hefty financial contribution underscores the expanding sway of the cryptocurrency sector in influencing U.S. politics today. Crypto Industry Dominates 2024 […]

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Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable https://www.digit.info/cryptoquant-bitcoin-miners-expand-capacity-but-struggle-to-stay-profitable/ Thu, 15 Aug 2024 17:30:00 +0000 https://www.digit.info/cryptoquant-bitcoin-miners-expand-capacity-but-struggle-to-stay-profitable/ Read more]]> Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay ProfitableBitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face diminishing profit margins and rising operational difficulties. Bitcoin Miners Face Capitulation Amid Record-High Hashrate and Squeezed Margins In the latest findings from Cryptoquant’s […]

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Harris campaign’s crypto ‘reset’ questioned amid Fed crackdown https://www.digit.info/harris-campaigns-crypto-reset-questioned-amid-fed-crackdown/ Sat, 10 Aug 2024 13:01:05 +0000 https://www.digit.info/harris-campaigns-crypto-reset-questioned-amid-fed-crackdown/

Critics argue that the US Federal Reserve’s actions are a significant overreach and could stifle innovation in the cryptocurrency sector.

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Harris campaign’s alleged crypto reset questioned amid Fed’s bank action https://www.digit.info/harris-campaigns-alleged-crypto-reset-questioned-amid-feds-bank-action/ Sat, 10 Aug 2024 10:42:25 +0000 https://www.digit.info/harris-campaigns-alleged-crypto-reset-questioned-amid-feds-bank-action/

Critics argue that the Fed’s actions represent a significant overreach and could stifle innovation in the rapidly growing cryptocurrency sector.

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Federal Reserve Cites Significant Deficiencies in Customers Bancorp’s AML Compliance https://www.digit.info/federal-reserve-cites-significant-deficiencies-in-customers-bancorps-aml-compliance/ Thu, 08 Aug 2024 21:46:10 +0000 https://www.digit.info/federal-reserve-cites-significant-deficiencies-in-customers-bancorps-aml-compliance/ Read more]]> Federal Reserve Cites Significant Deficiencies in Customers Bancorp’s AML ComplianceThe U.S. Federal Reserve Board has found “significant deficiencies” in Customers Bancorp, Inc.’s management of risk and adherence to anti-money laundering (AML) regulations. These issues, particularly troubling for the bank known for its crypto-friendly stance, were detailed in an enforcement action filed on Thursday. Kamala’s Crypto Reset: Still Loading… Please Wait The Federal Reserve’s action […]

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