In response to devastating floods in Valencia, Binance Charity has pledged $3 million to the Spanish Red Cross (Cruz Roja Española) to support urgent relief efforts.

Stand With Crypto Alliance will broadcast election results of several key races involving pro-crypto candidates, the Coinbase-launched organization's website shows. The platform will showcase the 2024 U.S. presidential election between Donald Trump and Kamala Harris as results become available later today. The post Stand With Crypto Monitoring U.S. Races, Live Election Results For Pro-Crypto Candidates appeared first on Cryptonews.

Coinbase chief legal officer Paul Grewal joins CoinDesk's Markets Daily to weigh in on crypto's impact on the U.S. elections. He also discusses what could happen once the election is over and what Coinbase discovered in FDIC documents.

Circle chief executive Jeremy Allaire reportedly thinks stablecoins will become a regulated financial network all over the world. Allaire says in a new interview with the South China Morning Post (SCMP) that Circle is acting as a test subject for global stablecoin regulation.

Up-to-the minute coverage on the presidential and congressional races and how they stand to shape crypto legislation and regulation from CoinDesk.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, declared in an investor note today that the crypto industry has secured its place in the financial world, irrespective of the outcome of today's US presidential election between President Donald Trump and Senator Kamala Harris. In his note titled “Crypto Has Already Won,” Hougan stated, “There is nothing left to say about Tuesday's election.

Given the ongoing U.S. presidential election, political meme coins are again on the rise. The PolitiFi category has gained 3% in the last 24 hours due to the upcoming election results.

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Recent polls for the 2024 US presidential elections indicate a neck-to-neck race between Donald Trump and Kamala Harris. Every few days, these polls update to show a front-runner, only for that lead to be overtaken by the slimmest of margins.

Meme tokens will keep expanding their influence in the crypto market, taking up to 3.5% in 2025.

ETF Store President Nate Geraci suggested that the outcome of the U.S. election could significantly affect the ETF industry, particularly for crypto-related products. What Happened: Geraci opined in a blog post for etf.com on Tuesday that, the new administration and Congress will influence key regulatory roles, including the appointment of the SEC chair, which could steer ETF developments.

Most US financial markets will remain closed on Tuesday night as states tally votes in a high-stakes election between Donald Trump and Kamala Harris. But the crypto market will be active, offering an exception for investors who may respond to election results in real-time.

Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.

Billionaire Cameron Winklevoss is warning that a Kamala Harris election victory could end up being very costly for the crypto industry. According to Winklevoss, the Biden Democratic Presidential administration has cost the digital asset space at least half a billion dollars in legal fees, conservatively speaking.

$3M Binance donation boosts Spanish Red Cross efforts to support Valencia flood victims facing loss and destruction.

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Bybit has officially registered as a Virtual Asset Service Provider with Georgia's National Bank, enhancing its commitment to supporting the country's digital transformation and positioning Georgia as a growing hub for crypto innovation. The post Bybit Receives VASP License from Georgia's National Bank appeared first on Cryptonews.

Blockchain data shows high-rolling meme coin investors are shifting funds to Flockerz ($FLOCK), a new bird-themed vote-to-earn (V2E) meme ICO that hopes to usher in a new, more democratic meme coin community than any we've seen. In just the first few weeks the project has already raised $1.25 million in investments with more snowballing week-on-week.

Depending on which political party controls the House and Senate, FIT21 and other crypto-related legislation may not be priorities.

Terra Shuttle Bridge has now been closed, and all remaining LUNC and USTC tokens have been burned in finalizing the shutdown.

Coinbase's CEO Brian Armstrong has placed a significant political bet on shaping US crypto policy, positioning his company as one of the top corporate donors in the 2024 election.

After a long history of rejecting the technology, Pakistan is now moving to legalize cryptocurrency and the blockchain. In 2023, Pakistan was one of the many countries with a hardline policy on crypto use and blockchain technology.

Binance co-founder Yi He is pushing back against claims that her crypto trading platform asks for tokens in exchange for listing.

Payments acceptance provider Ingenico has launched a partnership with Crypto.com. The new collaboration will bring cryptocurrency payments and merchant services to users of the Ingenico platform, the two companies announced Tuesday (Nov. 5), letting merchants around the world accept crypto payments.

Gemini co-founder Cameron Winklevoss criticized the Biden/Harris administration for its impact on the crypto industry's legal costs, implying a vote for Trump may be beneficial for the sector. What Happened: Winklevoss expressed his concerns about the rising legal costs faced by the crypto industry under the current administration, warning they could could escalate to billions if Harris is re-elected, while a Trump victory could reduce them to zero.

The worst-performing altcoins have fallen to the bottom of the chart by a considerable margin.

Richard Teng from Binance highlights how Asia's fintech sector is growing but remains challenged by Western influence at the Singapore Insights Forum. Teng underscores Asia's fragmented landscape, noting stablecoin traction and calls for fair competition amid Western advantages in regulation and capital access. The post Binance CEO: Despite Asia's Fintech Surge, West's Unequal Influence Prevails appeared first on Cryptonews.

Meme coins exhibit bullish momentum in the light of the US election. MOG Coin is the top gainer of the day, gaining over 9%.

Risk of flight to non-EU operators to avoid high taxation

Binance has committed $3 million to help the Spanish Red Cross with disaster relief following devastating flooding in Valencia.

Brian Armstrong, CEO of Coinbase, argued that the exchange did not collect any listing fees while commenting on a case involving Binance asking for 15% of the total supply of a particular token. Nonetheless, two token founders contradicted Armstrong's statements.

As blockchain technology gains traction in traditional finance, Anthony Rousseau, TradeStation's vice president and head of brokerage solutions, shared his thoughts on the complexities of merging these systems. In a pre-event interview for the upcoming Benzinga Future of Digital Assets conference, Rousseau detailed the careful process of integrating blockchain within long-established financial structures.

Bybit's regulatory compliance momentum continues with VASP registration in Georgia.

SEC's Hester Peirce, dubbed Crypto Mom, emerges as Trump's potential SEC chair pick over Gensler, sparking crypto regulation debates. The post SEC's Crypto Mom emerges as favorite to replace Gensler under Trump appeared first on Crypto Briefing.

Binance and its founder, Changpeng Zhao, have filed a motion to dismiss the US Securities and Exchange Commission's (SEC) amended complaint. In a Nov. 4 court filing, Binance and Zhao's legal team argued that the SEC has only superficially acknowledged a prior court ruling, which clarified that crypto is not inherently classified as a security.

The market capitalizations of Daos.fun's major memefunds, including ai16z and Norm Capital, have plunged by over 80% in the past week.

This unprecedented support has raised the industry's influence, with donations funneled to pro-crypto super PACs and key political figures.

It is Election Day in the U.S. At some point in the coming hours, days and weeks, we'll know which major party wins control of the House of Representatives, the Senate and the White House. Presidential candidates Kamala Harris and Donald Trump might get most of the headlines, but which political party controls Congress probably means a lot in terms of how cryptocurrencies will be treated in the nation, especially in the short term.

After enjoying a mini price run in the last week of October, Bitcoin's price has corrected below $68k to start the first week of November. While this is normal price action for Bitcoin, this trend also impacts the crypto industry, particularly altcoins.

The U.S. government is negotiating the recovery of approximately $13.25 million in political contributions made by former FTX executives, according to a recent federal court filing. What Happened: The government has asked for an extension until Jan. 15 to continue discussions with several political action committees (PACs) regarding the potential forfeiture of these funds.

Binance's legal team filed a motion to dismiss the SEC's amended complaint. Previous court rulings support that crypto assets are not inherently securities.

Crypto scammers in India fabricated a BBC article, falsely claiming Anant Ambani endorsed a fraudulent crypto platform, exploiting lookalike websites and fake endorsements.

The US Presidential election is anticipated to have a substantial impact on global markets, with the cryptocurrency sector standing as no exception. Traders, analysts, and crypto enthusiasts worldwide closely monitor the US, where shifting attitudes toward digital assets make a difference.

In its latest report, Coin Metrics explores how the U.S. election may influence crypto markets. 2024 Election: Coin Metrics Examines Crypto Volatility and Market Reactions Coin Metrics' latest report, authored by researchers Tanay Ved and Matías Andrade Cabieses, analyzes the potential effects of the 2024 U.S.

Bitcoin network scaling solution exSat Network has launched staking services just under two weeks after its mainnet launch. Singapore-based scaling startup exSat Network is launching staking services for Bitcoin (BTC) holders, aiming to create “new financial opportunities.

While the U.S. election has directed investor focus to bitcoin and Polymarket, the murky memecoin market is also beginning to heat up. Thousands of election-themed tokens have been created over the past 24 hours.

Binance CEO Richard Teng stated that Western companies will benefit most due to regulatory influence.