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Brian Quintenz is returning to the Commodity Futures Trading Commission (CFTC), but this time, he's taking the top job. President Donald Trump has chosen the former CFTC commissioner and Andreessen Horowitz (a16z) policy head to lead the agency, according to a White House document sent to Capitol Hill today.
Federal Reserve Chair Jerome Powell says there's “no need to hurry” on rate cuts — but this didn't trigger much of a crypto sell-off, leading to one analyst to call a market bottom.
Quintenz, head of global policy at a16z crypto, served as a commissioner of the CFTC from 2017 to 2021 during Trump's first administration.
Binance and the US Securities and Exchange Commission (SEC) have jointly requested a federal judge to pause the regulator's ongoing lawsuit against the crypto exchange, citing the potential impact of a newly formed task force focused on digital asset regulation.
Ten countries launched a joint operation to disrupt LockBit in February 2024, saying the group had caused billions of dollars in damage to individuals and key infrastructure.
Peirce's crypto task force at the SEC is working on classifying which tokens should be considered non-securities.
Quintenz's nomination could significantly influence US crypto regulation, potentially shaping the future landscape of digital asset markets. The post Trump plans to nominate a16z's Brian Quintenz as CFTC chair appeared first on Crypto Briefing.
Crypto custodian BitGo is reportedly planning an IPO as early as the second half of the year.
The exclusion of meme coins from SEC oversight may prompt legislative or CFTC intervention, impacting crypto innovation and regulation. The post SEC Commissioner Hester Peirce says meme coins likely fall outside SEC's regulatory scope appeared first on Crypto Briefing.
Major CEXs have witnessed a significant decline in spot trading volume compared to the volume recorded in December 2024. The top exchange in terms of change rate was HTX, with negative 8% while Bitget trailed behind with -46%.
The US Securities and Exchange Commission (SEC) is reversing years of hostility toward crypto thanks to president Donald Trump.
Institutional crypto custody firm BitGo is reportedly considering an initial public offering (IPO) as early as this year, according to Bloomberg. The move aligns with a broader trend of digital asset companies exploring public listings amid bitcoins surge past $100,000 and a more favorable regulatory environment in the U.S. Founded by Mike Belshe, BitGo has backing from major investors, including Goldman Sachs, DRW Holdings, Redpoint Ventures, and Valor Equity Partners.
Federal Reserve Chairman Jerome Powell addressed concerns over the growing debanking trend in the crypto industry during his testimony before the Senate Banking Committee. Powell admitted he is troubled by the increasing reports of banks severing ties with crypto firms and noted that the Fed is already adjusting internal supervision policies.
SEDA has launched the Interoperability Verification Module (IVM) framework, setting a new standard for cross-chain security and verification. The plug-and-play solution enhances security, enables near-instant scaling, and increases decentralization for interoperability protocols.
The US Commodity Futures Trading Commission (CFTC) has issued a consent order against Rashawn Russell, a New York resident, for defrauding investors in a crypto trading scheme. Russell misappropriated around $1.5 million between 2020 and 2022, falsely guaranteeing investors no losses and promising returns of at least 25%.
Fed Chair Jerome Powell has confirmed that the Federal Reserve will not pursue a central bank digital currency, backing legislative efforts and an executive order blocking its creation. Powell Shuts Down CBDC Fears With One Word Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb.
The crypto industry made a strong case for legislative clarity in a congressional hearing before the House subcommittee on digital assets. Titled A Golden Age of Digital Assets, the hearing reflected growing momentum for regulatory reforms, with industry leaders and lawmakers pushing for clear legal standards.
Support for Soneium is a precursor for firms to use Fireblocks' technology to provide crypto custody services on the month-old blockchain.
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.
Various sectors of the crypto market, based on the GMCI indices, have fully retraced their post-U.S. election gains.
Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm.
Republican Congressman Tom Emmer said that Gary Gensler's actions towards the crypto industry was "illegal."
BitGo Inc., one of the world's leading providers of secure digital asset custody solutions, is reportedly gearing up for an initial public offering (IPO) as early as the second half of this year, according to a Bloomberg report. The post Crypto Custodian BitGo Eyes IPO in H2 as Regulatory Support Strengthens: Report appeared first on Cryptonews.
The Toyota Group's financial arm will issue its first blockchain technology-powered security token bonds next month. The post Toyota to Issue First Blockchain-powered Security Token Bonds appeared first on Cryptonews.
Following Trump's executive order, Chairman Powell has vowed not to launch a digital dollar.
Ricardo Salinas, one of the wealthiest men in Mexico, has criticized Europe's stance on cryptocurrency, comparing it to a museum and a zoo. In a recent interview on Lunaticoin's podcast, Salinas stated that Europe was a museum because nothing happened there and there was no investment.
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.
The U.S. Securities and Exchange Commission (SEC) is reconsidering its stance on crypto regulation as it reviews past enforcement actions. Commissioner Hester Peirce has confirmed that the agency is moving toward a different approach in handling cases against crypto firms.
Cryptocurrency custodian services provider BitGo is reportedly considering an initial public offering (IPO) as soon as the second half of the year. The firm is in talks with potential advisers on a listing, although no final decision has been made, Bloomberg reported Tuesday (Feb. 11), citing unnamed sources.
Gemini has received in-principle approval from the Malta Financial Services Authorities for an Investment Firm license. The license will allow the cryptocurrency exchange to offer regulated futures and options throughout Europe.
Bank of England Governor Andrew Bailey expressed skepticism about the role of central bank digital currencies (CBDCs) in financial stability, emphasizing that central banks must maintain control over monetary transmission through the banking system. Speaking at the University of Chicago Booth School of Business in London on Feb.
Fed Chair Jerome Powell calls for a regulatory framework for stablecoin regulation, stating its importance for protecting consumers and ensuring financial stability. He also addresses interest rates, tariffs, and economic factors shaping the Federal Reserve's policy decisions. The post Fed Chair Powell Supports Clear Guidelines for Stablecoin Regulation appeared first on Cryptonews.
Donald Trump nominated Paul Atkins as an SEC commissioner following the departure of Gary Gensler and Jaime Lizárraga.
Crypto whales sold MOG, PEPE, and TURBO throughout early February, following a broader trend of large holders reducing their exposure to meme coins. While MOG has seen the most aggressive selling, PEPE and TURBO have also experienced a steady decline in whale addresses, signaling weaker confidence among major investors.
The Palo Alto-based BitGo wants to go public by the second quarter of 2025, over two years after a failed attempt via a Galaxy Digital acquisition.
An X user going by the name AB Kaui Dong sounded the alarm early Tuesday, when he noticed suspicious onchain activity by the world's largest cryptocurrency exchange, Binance. “The most discussed topic among peers today should be Binance, which is selling off a large amount of its own BTC and ETH assets,” Dong said.
Several other major crypto firms are also considering hitting the public equity markets in 2025.
Today, Federal Reserve Chairman Jerome Powell told a Senate Banking Committee that he's in no rush to cut interest rates. President Trump has agitated for more intense cuts due to high inflation, but Powell remains unmoved.
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As the SEC form the new crypto task force, Commissioner Hester Peirce says she is committed to using the existing framework they have in regards to regulation and insists it will not be a "free for all," rules will be enforced. She speaks with Tim Stenovec on "Bloomberg Crypto.
Head of the SEC Crypto Task Force and SEC Commissioner Hester Peirce gives her take on memecoins and says the SEC will look at the facts and circumstances, but says most memecoins probably don't have a home in the current set of regulations. She speaks with Tim Stenovec and Sonali Basak on "Bloomberg Crypto.
The Crypto Council for Innovation is now calling for a regulatory reset of the cryptocurrency sector
BitGo's potential IPO could boost investor confidence in the crypto sector, signaling maturation and increased institutional interest in digital assets. The post BitGo considers late 2025 IPO amid growing crypto public offerings wave appeared first on Crypto Briefing.
Trading activity has surged since the November US elections, a good sign for crypto exchanges.
The SEC's newly established crypto task force may facilitate the resolution of its case against Binance during the 60-day pause.
Jerome Powell, who has served as chair of the Federal Reserve since 2018, made a guarantee to lawmakers in the Senate regarding a US central bank digital currency.