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The White House’s crypto czar and Crypto Council are driving a market-shifting overhaul, with top officials coordinating and imminent moves set to redefine digital asset regulation. Crypto Czar David Sacks Signals a Market-Altering Crypto Overhaul David Sacks, the White House’s crypto czar, provided an update on digital asset coordination in Washington via social media platform … Read more
Ardoino shot down the JPMorgan report that suggested his firm may be forced to liquidate bitcoin to comply with upcoming stablecoin regulation. Tether’s Paolo Ardoino Addresses JPMorgan’s Warning on Stablecoin Regulation JPMorgan (JPM) published a report on Wednesday warning stablecoin giant Tether, that it could be forced to liquidate some of its bitcoin (BTC) holdings … Read more
John Reed Stark, former SEC Chief of Internet Enforcement, stated that the recent pause in the case against Binance marks the start of the dismantling of the crypto initiatives in the commission, which will take a more relaxed and limited approach in this subject. Former SEC Chief Laments Agency’s New Crypto Direction, Acknowledges Trump Has … Read more
Brian Quintenz, Head of Policy at Andreessen Horowitz’s (a16z) crypto division and a fierce champion for crypto innovation, has been nominated by Donald Trump to lead the CFTC. Trump’s CFTC Pick Brian Quintenz Praised for Pro-Crypto Stance and Regulatory Vision Brian Quintenz announced on social media platform X on Feb. 12 that he has been … Read more
The SEC and Binance have agreed to pause their lawsuit for 60 days as regulators craft new crypto rules, a move that could reshape digital asset oversight in the U.S. SEC and Binance Reach Agreement to Pause Lawsuit for Regulatory Review The U.S. Securities and Exchange Commission (SEC) and defendants Binance Holdings Ltd., BAM Trading … Read more
Bahrain’s central bank is developing regulations for stablecoins to reduce transaction costs and increase financial access. Making the Digital Asset Space Safer Bahrain’s central bank is drafting regulations on stablecoin issuance, the Middle Eastern country’s Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa recently disclosed. Once enacted, the stablecoins are expected to … Read more
New legislation in the House and Senate seeks to regulate stablecoins, enforcing strict reserve requirements, banning tech giants from issuing them, and cracking down on offshore loopholes. New Bills in House and Senate Seek to Establish US Stablecoin Regulations The U.S. House Committee on Financial Services Democrats announced on Feb. 10 the introduction of a … Read more
Ukraine is set to fully legalize cryptocurrency by mid-2025, according to Danilo Getmantsev, Chairman of the Committee on Finance, Tax, and Customs Policy. Legislation for Crypto Regulations Near Approval in Ukraine Ukraine is preparing to officially legalize cryptocurrency by the summer of 2025, marking a major step toward integrating digital assets into its financial system. … Read more
Federal Reserve Chair Jerome Powell has admitted a rise in de-banking cases, stating he is “struck” by the trend and pledging a “fresh look” at the issue. Powell Admits Growing Cases of De-Banking—Will the Fed Finally Take Action? Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where Senator Cynthia … Read more
Two Chinese nationals were arrested in Thailand on Feb. 5, after a joint Thai-Chinese operation seized $2.5 million in USDT and other assets worth over $100,000. Scam Masterminds Linked to Human Trafficking A recent joint operation by Thai and Chinese law enforcement resulted in the seizure of $2.5 million worth of USDT stablecoins (84 million … Read more