A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.
In a significant challenge to the US Securities and Exchange Commission (SEC) and its regulatory approach toward the crypto industry, 18 states have filed a lawsuit against the agency and its commissioners on Thursday.
The partners are interested in tokenizable commodities like air rights and uranium and the infrastructure needed to make that happen.
Eighteen states have collectively filed suit against the SEC, Gary Gensler, and his fellow commissioners, alleging crypto regulatory overreach.
Attorney Generals of 18 US states have filed a joint lawsuit against the Securities and Exchange Commission (SEC), its Commissioners, and Chair Gary Gensler. The lawsuit accuses the agency of overstepping its constitutional authority by pursuing aggressive regulatory actions against the crypto industry.
DeFi Technologies has unveiled CoreFi Strategy Corp, a publicly traded company set to offer investors exposure to Bitcoin-focused decentralized finance through the Core blockchain. This move was inspired by companies like MicroStrategy, per a press release shared with crypto.news.
A potential shift in crypto regulation could be in the works as the US Securities and Exchange Commission (SEC) Chairman Gary Gensler hints at a possible resignation following President-elect Donald Trump's recent victory on November 5. SEC Head Gensler Drops Resignation Clue In a recent statement to SEC staff, Gensler hinted at a possible resignation, which led to further discussions about his future as the agency's head.
Gary Gensler hints at resignation as SEC Chair, reflecting on regulatory achievements and enforcement in markets and crypto. The post Gary Gensler releases statement hinting at resignation as SEC Chair appeared first on Crypto Briefing.
Binance introduces Usual (USUAL), a decentralized fiat stablecoin issuer, on its Launchpool. Pre-market trading begins on November 19, 2024.
The global crypto markets have toppled $3 trillion in the aftermath of the Trump US Presidential win. According to data from crypto data aggregator CoinGecko, crypto's total market cap now rests at $3.076 trillion, down 5% in the last 24 hours from a market cap of $3.184 trillion.
How deep did crypto's influence go in this election? Did Bitcoin and blockchain backers help push Trump back into the Oval Office?
In a costly error, an anonymous cryptocurrency investor known as “qklpjeth” recently lost $25 million after mistakenly transferring funds to an inaccessible contract address, prompting the investor to emphasize the relative safety of centralized exchanges. What Happened: "Staking on centralized exchanges feels more secure since on-chain staking still carries significant risks," qklpjeth told Benzinga.
Former Commodity Futures Trading Commission (CFTC) Chair Christopher Giancarlo denied rumors about being considered as the next Chair of the US Securities and Exchange Commission (SEC).
Republicans will remain in control of the House of Representatives, multiple media outlets projected Wednesday, November 13. The move effectively secures a unified government under President-elect Donald Trump following the 2024 U.S. presidential election. The post Republicans Win House Majority, Clearing the Way for Crypto Legislation appeared first on Cryptonews.
Regulatory uncertainty around yield-bearing stablecoins has allowed regulated tokenized yield-bearing instruments like money market funds to steal thunder, says Aaron Kaplan is the co-CEO of Prometheum.
Coincheck, a company headquartered in Tokyo, is expected to become the first cryptocurrency exchange in Japan to list its shares on a US stock exchange.
Portal Ventures' new fund will back pre-seed rounds for crypto startups, aligning with the growing VC focus on early-stage activity in 2024.
Securities and Exchange Commission (SEC) chair Gary Gensler has reiterated his stance on cryptocurrency regulation in what may have been his final pitch ahead of an expected shift in the SEC's leadership under the incoming Trump administration. President-elect Donald Trump has expressed intentions to overhaul the SEC's approach to digital assets, including promising to fire Gensler from his position on “day one” if elected.
Gary Gensler once again urged the crypto industry to follow existing federal policies in what may be the twilight of his SEC career.
Amid the ongoing race to replace Gary Gensler as the Chairman of the US Securities and Exchange Commission (SEC), Chris Giancarlo has dispelled rumors that he's under consideration for the job. Known as “Crypto Dad,” Chris Giancarlo's name popped up as one of the high-profile regulators capable of replacing the US SEC chair.
Gary Gensler, the chair of the U.S. Securities and Exchange Commission, reiterated his call for cryptocurrency exchanges to register with the agency and highlighted the need for proper disclosures from those selling securities, as his tenure at the SEC may be nearing its conclusion.
South Korean authorities have reportedly arrested 215 individuals who are allegedly behind a cryptocurrency investment scam that defrauded thousands of victims. Yonhap News reports that the suspected perpetrators, including a YouTuber with 620,000 subscribers, received 325.
Gensler emphasizes the importance of investor protection and warns about the risks of digital assets
The cryptocurrency market experienced notable upside momentum following the election of Donald Trump as president of the United States. However, sentiment now appears to be cooling off, resulting in hundreds of millions of dollars in liquidations.
Congressman Matt Gaetz of Florida has been selected by President-elect Donald Trump to serve as the next Attorney General of the United States. The post President-elect Donald Trump Picks Pro-Crypto Congressman Matt Gaetz as Attorney General appeared first on Cryptonews.
Gaetz's appointment may appeal to the crypto industry due to his ongoing efforts to integrate Bitcoin into mainstream financial practices. Previously, Gaetz proposed legislation allowing the IRS to accept Bitcoin for tax payments, positioning it as a step toward modernizing the U.S. tax system.
Explore how ordinary use-cases of blockchain technology are driving mass adoption, transforming industries like retail, insurance, and real estate.
Crypto.com, a Singapore-based Crypto exchange operator, has announced today the acquisition of Fintek Securities Pty Ltd. This announcement comes exactly two weeks after it announced the acquisition of SEC-registered broker-dealer Watchdog Capital, LLC.
Ahead of Donald Trump's team taking office, US SEC Chair Gary Gensler has reiterated his commitment to regulating the cryptocurrency market, stating that stricter oversight is necessary to protect investors. Speaking at the Practicing Law Institute's Annual Institute on Securities Regulation in New York, Gensler highlighted the importance of clear “rules of the road” for
Chancellor Rachel Reeves will mention the DLT-based digital gilt instrument in her first annual speech laying out her long-term vision.
TL;DR The crypto market experienced significant drops on Thursday. Bitcoin lost 3.99% and is trading around $88,800. Polkadot, Avalanche, Chainlink, and Ethereum saw major declines, while Ripple and Pepe were the cryptocurrencies with the highest gains. Shares of crypto-related companies such as Coinbase and Riot Platforms fell, while Ebang, NVIDIA, and AMD posted gains.
The Crypto Market Integrity Coalition called on Congress to establish a national regulatory framework for digital assets before the current legislative session ends. In a letter dated November 14 and seen by crypto.
A prominent cryptocurrency investor is sharing his latest insights into digital assets that could skyrocket in value by 2025. With a track record of identifying winning investments, his new recommendations promise significant returns.
Phantom, a major wallet provider for the Solana ecosystem, is facing a technical crisis following a faulty update of its iOS application that has caused many users to be disconnected. An emergency fix has been deployed, but the situation remains concerning for those who have lost their recovery phrases.
In a speech that had the tone of a farewell, SEC Chairman Gary Gensler defended his approach to regulating the crypto industry and reviewed key accomplishments during his tenure.
Gary Gensler did not say he would leave the SEC before Donald Trump took office but pointed to the commission's record on crypto enforcement and approving ETFs.
Doodles artwork will appear on 100 million McCafe Holiday Cups across United States-based restaurants starting on Nov. 18.
Donald Trump's comeback to the White House is a game-changer for crypto on the global stage. In fact, if you ask Xiao Feng, chairman and CEO of HashKey Group, Trump will quite literally force China to reconsider its hardline ban on crypto in just two years.
A week after the election, crypto sentiment remains strong. Polymarket, bitcoin and a possibly more efficient and crypto-positive government are all tailwinds to look forward to.
As tech tensions between the US and China deepen, cryptocurrency could become a new frontier for competition. US President-elect Donald Trump's pro-crypto stance, promising clearer regulations and potential industry support, may spur China to reconsider its approach to digital assets, according to HashKey Group's chairman and CEO, Xiao Feng.
The cryptocurrency market's value has surpassed $3 trillion in anticipation of an industry-friendly United States president. The global market value for crypto reached a record high of nearly $3.2 trillion on Nov. 14 in Asia, Reuters reported, citing data from CoinGecko.
Crypto.com has acquired Australian brokerage Fintek Securities, enabling the platform to offer a wider range of financial products, including derivatives and foreign exchange, while enhancing its presence in the regulated Australian market. The post Crypto.com Acquires Australian Brokerage Fintek Securities appeared first on Cryptonews.
INX Digital Company will list Furahaa Group (FURA) tokens on its platform, allowing global investors to participate in Furahaa's rapidly growing vegan fast-food and distribution business.
The Non-fungible token (NFT) era took the blockchain gaming ecosystem by a storm; this unique digital asset niche was one of the most discussed topics in 2021, with some experts terming it as the future of gaming. However, as fate would have it, most of the NFT-oriented games that made headlines at the time are
Elizzarda Crypto Casino is gaining popularity not only because of its wide range of games and attractive bonuses, but also because of the unique opportunity it offers its users.
Gary Gensler has made suggestions about SEC regulation of digital assets before Trump's administration takes hold with their high priorities regarding cryptocurrencies. On Thursday, an annual securities regulation conference was held in New York.
The UK is set to unveil stablecoin and staking legislation, aiming to redefine digital asset regulation. Under the Financial Conduct Authority's guidance, these measures will protect consumers, ensure compliance, and establish a robust framework for UK crypto firms. The post UK to Introduce Stablecoin Regulations and Exempt Staking Services: Report appeared first on Cryptonews.
A widely followed analyst is turning bullish on altcoins as the total cryptocurrency market capitalization hovers above $3 trillion.