Senator Elizabeth Warren said Donald Trump's memecoin could raise “the specter of uninhibited and untraceable foreign influence over the US president.”
Today, on Jan 24. 2025, the Securities and Exchange Commission (SEC) issued a staff accounting bulletin that revered a previous bulletin that made public banks and other publicly traded entities treat digital assets held in custody differently on their balance sheets.
The CFTC's new leadership will prioritize cryptocurrency, defi, and digital asset oversight, signaling a shift in regulatory focus toward innovation and market engagement. CFTC and SEC Leadership Transitions Mark Crypto Policy Shift Acting Chairman Caroline D. Pham of the U.S. Commodity Futures Trading Commission (CFTC) announced on Jan.
Vitalik Buterin, co-founder of Ethereum (CRYPTO: ETH), expressed concerns over the rise of political meme coins on Thursday, warning that they could become “vehicles for unlimited political bribery.” What Happened: In an X post, Buterin criticized the current state of the cryptocurrency industry, particularly the increasing popularity of political tokens.
The U.S. SEC has revoked its controversial crypto accounting guidance, SAB 121, which required financial institutions to list crypto assets as liabilities on their balance sheets.
The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a crypto accounting rule introduced in 2022, just days after SEC Chair Gary Gensler stepped down.
In a big move that signals a major shift in U.S. policy, President Donald Trump has signed a sweeping crypto executive order aimed at making America the global leader in digital finance.
President Donald Trump signed an executive order prohibiting the creation and use of CBDCs in the U.S.
Trump AI and 'crypto czar' David Sacks discusses the administration's crypto policies and future ambitions for the digital currency during an exclusive interview on ‘The Evening Edit.'
Crypto exchange Phemex appears to have been the victim of a multi-million exploit on Thursday, according to online reports. Millions worth of USDT, USDC, Ethereum (ETH), and other crypto assets were stolen from the exchange's hot wallets, resulting in a temporary half of withdrawals.
The US Securities and Exchange Commission (SEC) has removed the much-debated and unpopular crypto accounting guidance Staff Accounting Bulletin No. 121 (SAB 121) only a few days after the exit of the SEC chair Gary Gensler.
Cornerstone Research says the US Securities and Exchange Commission launched 33 crypto-related lawsuits last year, down from 47 in 2023.
Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden's Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S.
U.S. President Donald Trump signed an executive order forming the Digital Asset Working Group to create a federal regulatory framework for cryptocurrencies.
The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot away from the policies of the prior administration and a win for the crypto sector.
David Sacks hails President Donald Trump's executive order on crypto while slamming the Biden administration's "prosecution and persecution" of the industry.
Ethereum co-founder Vitalik Buterin posted a cautionary screed about TRUMP, political meme coins, and the current state of the crypto industry.
The volatility in the crypto market hasn't missed the mining industry. Since the beginning of the year, we've seen volatility in miner behavior, with alternating periods of accumulation and distribution.
“Bitcoin” wasn't mentioned once in Trump's executive order to study a crypto stockpile, so some maximalists fear it could include other cryptocurrencies.
Two low-cap memecoins are primed to surge higher amid low market sentiment, according to a popular crypto analyst.
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Representative Nicole Malliotakis (R) New York shares why she wants a raise in the SALT Cap and states “there's really no other way to do it” when referring to placing it in the Reconciliation Bill Congress is working on.
The letter to federal regulators warns the TRUMP meme coin opens up covert foreign influence, urging regulators to answer the call.
A newly established Presidential Working Group on Digital Asset Markets will work to develop a federal regulatory framework governing digital assets and consider the creation of a “strategic national digital assets stockpile.
Today, the Securities and Exchange Commission (SEC) has pulled the plug on Staff Accounting Bulletin No. 121 (SAB 121), a rule that had tied crypto companies in regulatory knots since 2022.
The co-founder of Ethereum, Vitalik Buterin, has expressed his concerns over the increasing number of political tokens and their potential use as a tool for bribery. In his recent post, Buterin pointed out the possible adverse effects of such tokens particularly when they are linked to powerful politicians.
Binance Labs has officially rebranded as YZi Labs and expanded its investment scope to include artificial intelligence (AI) and biotechnology, according to a Jan. 23 statement shared with CryptoSlate. YZi Labs aims to foster groundbreaking projects in Web3, AI, and biotech while identifying potential synergies across these sectors.
Taiwan will allow banks to issue stablecoins like USDT and USDC by June 2025 with FSC licensing. New AML regulations for virtual asset service providers take effect in January 2025, requiring strict compliance and registration.
The pre-authorization for Okx brings it closer to obtaining a complete MiCA license after establishing a dedicated MiCA hub in Malta. Okx Inches Closer to Full MiCA License Okx Exchange has announced the receipt of Markets in Crypto-Assets Regulation (MiCA) pre-authorization for Virtual Financial Assets (VFA).
Trump-era CFTC leadership appoints Harry Jung, former Citigroup executive, to advance the agency's digital assets agenda.
Coinbase rolled out the newest State of Crypto report. The study was conducted by Ipsos.
The SEC announced Staff Accounting Bulletin (SAB) No. 122, canceling the previous guidance under SAB 121, which discouraged banks from holding Bitcoin in custody.
Liquidity concerns loomed over Donald Trump while he was out of office. Thanks to an inaugural weekend unlike any other, those worries are now gone.
The SEC published a new Staff Accounting Bulletin revoking SAB 121, rules that governed how financial firms should hold crypto criticized by the industry.
The SEC published a new Staff Accounting Bulletin revoking SAB 121, rules that governed how financial firms should hold crypto criticized by the industry.
The MMA fighter Lamberd Akhiadov received cryptoassets and US dollars worth $151,000 before “carrying out a terrorist attack” on December 31, 2022, Russian police say. The post MMA Fighter ‘Received $151k in Crypto' Before Moscow Park ‘Terrorist Attack' appeared first on Cryptonews.
Morgan Stanley CEO Ted Pick said the lender is exploring how it can offer crypto services in the US and intends to engage with regulators once the review is complete. During an appearance on CNBC's Squawk Box on Jan.
OKX secured pre-authorization under the European Union's Markets in Crypto-Assets (MiCA) regulation from the Malta Financial Services Authority (MFSA) on January 22.
Under the revised framework, companies can now assess crypto-safeguarding obligations under broader U.S. GAAP and IFRS standards.
The SEC has revoked controversial crypto accounting guidance following upheaval from lawmakers and the crypto industry alike.
Binance Labs is rebranding to YZi Labs and becoming an independent organization, allowing former Binance CEO Changpeng “CZ” Zhao to take an active role.
The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to hold crypto.
More than $70 million worth of cryptocurrencies were drained from the platform, likely by a sophisticated group of actors.
Crypto's reputation has taken a dramatic turn for the better as President Donald Trump returns to the White House.
David Balland, co-founder of Ledger, was abducted in France alongside his wife, reportedly for a cryptocurrency ransom. French police rescued him in a dramatic operation and made eight arrests. Balland is receiving medical care as the investigation into the incident continues. The post Ledger Co-founder David Balland Freed Following Shock Kidnapping appeared first on Cryptonews.
After four days in office, President Trump has signed an executive order banning CBDCs and laying the groundwork for a digital asset regulatory framework. The initiative seeks to position the U.S. as a leader in cryptocurrency innovation while fostering blockchain development. The post Trump Signs Executive Order to Develop Regulatory Framework for Digital Assets in US appeared first on Cryptonews.
David Balland was found alive on Wednesday evening after a harrowing two-day manhunt conducted by France's elite police tactical unit Groupe d'intervention de la Gendarmerie nationale (GIGN).
The US initial public offering (IPO) market is anticipating a substantial recovery in 2025, with a noticeable emphasis on listings pertaining to crypto, as the global economy continues to change. Favorable legislative reforms and increased institutional interest in digital assets are expected to fuel a boom in initial public offerings (IPOs) in the cryptocurrency sector.