The creation of the subcommittee underscores the GOP's commitment to prioritizing crypto legislation

Seychelles-based OKX has issued a warning about the proliferation of unauthorized OKX wallet add-ons, which are currently available in the Firefox plug-in store. According to user reports, the fake browser extension adds a third-party functionality within the site's browser interface.

With the Fear and Greed Index at 49, crypto markets face neutral sentiment and consolidation.

The US Senate Banking Committee, led by Senator Tim Scott, is reportedly preparing to establish the first-ever cryptocurrency subcommittee. This new unit will be modeled after Patrick McHenry's House Financial Services Committee in 2023.

The U.S. is taking big steps to include cryptocurrency and financial technology in its official plans. Key leaders like Congressman Bryan Steil, who now heads the Financial Services Subcommittee on Digital Assets, and Senator Tim Scott, are leading the Senate's first crypto-focused subcommittee.

The Senate Banking Committee is poised to have Sen. Lummis lead its crypto subcommittee, fulfilling a promise made by its incoming chair.

Thailand is mulling a crypto payments pilot scheme on the tourist island of Phuket as it moves to embrace digital assets in 2025.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Republican Rep. Bryan Steil has called for clear crypto rules as he's set to chair the House's Subcommittee on Digital Assets, a key Congressional gather for blockchain policy

In an interview with David Gura on Bloomberg Markets on Wednesday, outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler reviewed his tenure and the role of crypto within the US capital markets.

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

The former FTX CEO is currently serving a 25-year sentence awaiting appeal, while the Silk Road founder was sentenced to life in prison in 2015.

Ethereum co-founder Vitalik Buterin continued massive meme coin offloads, igniting community reactions. This series of sales comes after he was gifted several meme coins.

British banking giant Standard Chartered announced today that it has obtained a license in Luxembourg to offer digital asset custody services.

Stronger U.S. job openings data and the year's largest liquidation event drive a crypto market downturn. Investors brace for more volatility ahead.

The Gemini exchange announced on January 8 that it would welcome a new leadership team to expand its operations in the European Union and the UK. The announcement revealed the new Head of Operations in the UK, the Head of Operations in Europe, and the General Council for the exchange's international business, which is meant to be situated in the UK.

In 2024, Binance took big steps to protect its users, stopping $4.2 billion in potential losses from scams and fraud. By working closely with global regulators and law enforcement, and improving safety features, Binance showed its commitment to making the crypto world safer and more trustworthy for its 250 million users worldwide.

Rep. Bryan Steil has been picked to lead the U.S. House Financial Service Committee's digital asset panel, according to a Thursday statement.

The EU's MiCA regulation, now in effect, could increase the adoption of euro-pegged stablecoins, according to JPMorgan analysts.

French Hill has stepped back as leader of the digital assets, fintech, and AI subcommittee to become chair of the full House committee in the 119th Congress.

CFTC targets Coinbase in Polymarket investigation, requesting user details.

A larger crypto bull run is anticipated in 2025, considering favorable metrics. AltSeason is also expected to follow a bull run in 2025.

Standard Chartered has secured a digital asset custody license in Luxembourg. The new entity aligns with the introduction of the Markets in Crypto Assets (MiCA) regulation.

A man from Guelph, Ontario reportedly lost large amounts of money to a cryptocurrency scam after meeting someone who pretended to be his long-lost friend.

Kraken plans to take on FTX creditors expecting repayments through a trading fee removal.

In a recent statement, Gary Gensler, the outgoing Chairman of the U.S. Securities and Exchange Commission (SEC), spoke about the nature of his role overseeing the $120 trillion U.S. capital market, opening up about its integral role in the economy.

The banks plans to offer regulated digital asset custody services to its European clients.

Recent data reveals that spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) experienced collective net outflows amounting to $742.24 million. Blackrock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $742M Reduction On Wednesday, U.S.-based bitcoin and ethereum ETFs faced significant reductions, with bitcoin ETFs losing $582.90 million and ether ETFs seeing $159.

Gemini strengthens its European leadership team with key appointments from Kraken and Stake, positioning for expansion as the UK and EU implement comprehensive crypto regulations.

Standard Chartered revealed that it obtained regulatory approval in Luxembourg to offer digital asset custody services. The financial institution said the Luxembourg hub will serve as its regulatory entry point to the EU market.

The meme coin market, notorious for its speculative chaos, is about to enter a new chapter. White Swan (SWAN), the first self-proclaimed Market in Crypto Assets (MiCA)-compliant meme coin, is gearing up to redefine this segment with its commitment to transparency and regulatory alignment.

Bryan Steil named chair of the Subcommittee on Digital Assets, driving leadership in crypto regulations and fintech innovation. The post Pro-crypto advocate Bryan Steil named chair of Subcommittee on Digital Assets appeared first on Crypto Briefing.

Standard Chartered sets up a regulatory hub in Luxembourg, leveraging MiCA's unified framework for crypto custody services across the EU. The bank strengthens its position in Europe's evolving digital asset market. The post Standard Chartered Secures Digital Asset Licence in Luxembourg appeared first on Cryptonews.

TL;DR Standard Chartered launches digital custody services in Luxembourg after obtaining a MiCA license, aiming to expand its digital asset portfolio in Europe. The initial offering will be limited to the custody of Bitcoin and Ethereum, with plans to include more assets in 2025. Crypto trading services will not be offered at this stage.

According to the security firm, hacks accounted for more than 70% of crypto losses due to illicit activities in 2024, compared to 30% for scams.

A cryptocurrency trader has fumbled a massive trade after buying 24.25 million tokens of the hot new AI-related meme-inspired cryptocurrency Large Language Model ($LLM) for 9.17 SOL worth little over $1,800, and selling them just two minutes later.

The outlook for crypto adoption in 2025 is overwhelmingly positive, but not without challenges. Regulatory clarity, institutional participation, and technological innovation will be the pillars of growth.

Standard Chartered has obtained a license to provide crypto custody services in Luxembourg, according to a Jan. 9 statement. The approval falls under the Markets in Crypto-Assets (MiCA) framework, which provides a unified regulatory approach for crypto businesses across the European Union.

As volumes for spot bitcoin ETFs soared last year, the number of financial advisors adding crypto to client portfolios doubled, according to a survey released on Thursday.

Gemini crypto exchange appointed Mark Jennings as head of Europe, Daniel Slutzkin to lead its UK operations, and Vijay Selvam as international general counsel.

According to a report by blockchain security firm PeckShield, the cryptocurrency sector experienced a sharp rise in security breaches in 2024, with losses totaling $3.01 billion.

The partnership between Mastercard Crypto and key exchanges will allow users to send and receive digital assets using simple aliases instead of complex blockchain addresses.

UAE conglomerate DAMAC Group, with investments in property development, hospitality, and data centres, has announced plans to tokenize $1 billion worth of its assets for financing purposes in early 2025. The tokenization will be done in collaboration with UAE-based MANTRA, a layer 1 blockchain platform for tokenizing real-world assets.

Eligible clients can receive up to $105 in Kraken trading fee credits upon receiving their funds. Clients must complete onboarding and verification to access the fee credits on Kraken Pro.

China's massive, young, and tech-savvy population still drives global demand for blockchain applications despite strict regulatory restrictions. The post China's Tech-Savvy Youth Drives Global Demand for Blockchain Apps, Despite Restrictions appeared first on Cryptonews.

The cryptocurrency market has witnessed a precipitous contraction, with $350 billion exiting the market in the last 48 hours.

Crypto, often criticized for lacking real-world applications, is proving to be a tool for positive change in Tanzania and Kenya. These countries are facing environmental challenges like plastic pollution, which is hitting hard.