USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023.
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Lead Bank executive Erica Khalili talks about why now’s not an easy time in the digital banking sector.
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A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence.
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Crypto.com’s lawsuit against the US SEC follows the exchange’s receipt of a Wells notice from the agency.
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The chief legal officers at Kraken and Ripple have weighed in on the Federal Court for the Northern District of California’s recent decision in the U.S. Securities and Exchange Commission’s lawsuit against Kraken. “Another court, this time in the Kraken case, confirms there’s no such thing as a ‘crypto asset security.’ Bad news for the […]
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Other analysts are also expecting a new Ether all-time high after the ETF launch, but the price is struggling to decisively breach the $3,500 mark.
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The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning the BUSD stablecoin, which is backed by […]
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Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and the introduction of bitcoin spot exchange-traded funds (ETFs). “The momentum continues to be very strong, which is a very encouraging sign for us … Other […]
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The Travel Rule requires crypto businesses to collect, verify and share information about digital asset transactions with another crypto company.
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Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and the digital asset sector over compliance and operational standards. Coinbase […]
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