Regulation

A collection of 95 posts

Regulation

Crypto-Focused Leadership Takes Shape at CFTC Under Interim Chief Pham

The U.S. Commodity Futures Trading Commission (CFTC) is undergoing a significant leadership shakeup, signaling a potential shift in the agency's approach to cryptocurrencies. Acting Chair Caroline Pham, recently appointed by the incoming administration, has named Harry Jung as Acting Chief of Staff, tasking him with leading the

Regulation

Hong Kong Drafts Stablecoin Rules to Secure a Crypto Hub Future

Hong Kong's Legislative Council is actively discussing a new bill aimed at regulating stablecoins, a crucial step in the region's ambitious plan to become a leading global hub for the cryptocurrency industry. The proposed legislation, which had its first reading in December, outlines licensing requirements for

Regulation

Tornado Cash Sanctions Lifted: TORN Token Price Explodes 140%

In a major victory for cryptocurrency privacy advocates, a U.S. District Court has overturned a previous ruling that upheld sanctions against Tornado Cash, a crypto mixing service. The decision, which sent the platform's native token TORN soaring by 140%, hinges on the unique nature of Tornado Cash&

Regulation

Uniswap Wash Trading: CLS Global Admits Guilt, Pays Fine

CLS Global, a Dubai-based cryptocurrency market maker, has agreed to plead guilty to charges related to wash trading on the decentralized exchange Uniswap. This admission follows an undercover FBI investigation that exposed the firm's manipulative practices, highlighting the ongoing challenges of policing illicit activity in the rapidly evolving

Regulation

President Trump Pardons Silk Road Founder Ross Ulbricht, Sparking Crypto Community Buzz

President Donald Trump has fulfilled a significant campaign promise to the crypto community by granting a full and unconditional pardon to Ross Ulbricht, the founder of the infamous Silk Road darknet marketplace. The decision marks a turning point in the controversial case that has captivated libertarians, digital rights advocates, and

Regulation

Trump’s Potential Cabinet Picks Reveal Cryptocurrency Investments

Several of President Donald Trump’s potential cabinet nominees have reported significant cryptocurrency holdings in recent financial disclosures. These disclosures, required as part of the nomination process, show that some of Trump’s picks—who could soon lead key federal agencies—hold sizable stakes in Bitcoin, as well as various

Regulation

Trump Names Crypto Advocate Mark Uyeda as Acting SEC Chair During Regulatory Shift

In a move signaling a potential shift in U.S. crypto regulation, President Donald Trump has appointed Mark Uyeda as acting chair of the U.S. Securities and Exchange Commission (SEC) following Gary Gensler's departure. Uyeda, a Republican SEC commissioner, will lead the agency until a permanent chair

Regulation

SEC Sues Helium Over Securities: Founder Vows Vigorous Defense

Helium, the company behind the decentralized wireless network, is facing a lawsuit from the U.S. Securities and Exchange Commission (SEC) alleging the sale of unregistered securities and misleading investors. Helium's founder, Amir Haleem, has vowed to "vigorously" defend the company, framing the lawsuit as part

Regulation

SEC Reviews Litecoin, Solana, XRP ETF Filings Amid Crypto Shift

A flurry of new cryptocurrency exchange-traded fund (ETF) filings has hit the desks of U.S. regulators, signaling a renewed push to expand the range of digital assets accessible to mainstream investors. Asset managers like VanEck, ProShares, and others are proposing funds that would track everything from Litecoin and XRP

Regulation

Tether Eyes U.S. Expansion and Global HQ in El Salvador Amid Record Profits

Tether Holdings Ltd., the issuer of the world's largest stablecoin, USDT, is considering expanding its presence in the United States while simultaneously establishing a global headquarters in El Salvador. This ambitious move follows a year of record profits for the company, fueled by surging cryptocurrency markets and strategic

Regulation

Trump to Prioritize Cryptocurrency with Executive Order, Sparking Industry Optimism

President-elect Donald Trump is set to make cryptocurrency a national priority through a groundbreaking executive order, signaling a new chapter for the digital asset industry in the United States. The order, expected to be unveiled soon, aims to elevate crypto as a strategic focus and establish direct collaboration between government

Regulation

Treasury Nominee Scott Bessent Rejects U.S. CBDC, Backs Crypto Innovation Under Trump

President-elect Donald Trump’s nominee for Treasury Secretary, Scott Bessent, has firmly rejected the idea of a U.S. central bank digital currency (CBDC), aligning with growing skepticism among Republican lawmakers. During his Senate Finance Committee hearing on Thursday, Bessent emphasized his preference for alternative approaches to digital finance, signaling

Regulation

Nasdaq Files 19b-4 Form for Canary Litecoin ETF, Advancing Crypto Investment Options

Nasdaq has taken a significant step towards expanding cryptocurrency investment opportunities by filing a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) for the Canary Litecoin ETF. This filing marks an essential phase in the approval process for a spot Litecoin exchange-traded fund (ETF), potentially offering investors

Regulation

SEC Postpones Bitwise Top 10 Crypto Index ETF to March 2025

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Bitwise Asset Management's proposed "Bitwise 10 Crypto Index" exchange-traded fund (ETF), extending the review period to March 3, 2025. The regulator stated it needs more time to thoroughly evaluate the proposal, which seeks

Regulation

Thailand Weighs Bitcoin ETFs Amid Crypto Gambling Crackdown

Thailand is making waves in the cryptocurrency world, signaling a potential shift in its approach to digital assets. The country's Securities and Exchange Commission (SEC) is exploring the possibility of allowing spot Bitcoin exchange-traded funds (ETFs) to be listed on local exchanges, a move that could significantly expand

Regulation

Bitfinex Hack: U.S. Orders Return of $4 Billion in Bitcoin to Crypto Exchange

The U.S. government has filed a court document requesting the return of over 94,000 bitcoins stolen during the 2016 Bitfinex hack. The stolen cryptocurrency, valued at the time of the theft at approximately $71 million, is sought to be returned to the Bitfinex exchange by the convicted hackers,

Regulation

Rep. Tom Emmer Named Vice Chair of Digital Assets Panel, Promises U.S. Crypto Leadership

Pro-crypto advocate Representative Tom Emmer (R-MN) has been appointed vice chair of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The announcement, made by Committee Chairman French Hill, highlights a renewed focus on fostering U.S. leadership in digital innovation under the incoming Trump administration. Emmer’s

Regulation

Ripple Executives Slam SEC Over Appeal Timing Amid Leadership Transition

Ripple’s top executives have voiced frustration with the U.S. Securities and Exchange Commission’s (SEC) decision to proceed with an appeal in their ongoing legal battle, despite the imminent resignation of SEC Chair Gary Gensler. The move comes just days before President-elect Donald Trump’s inauguration, which is

Regulation

Binance Faces Class-Action Lawsuit as Supreme Court Denies Appeal

Global cryptocurrency exchange Binance is facing a class-action lawsuit in the United States after the Supreme Court declined to review a lower court's decision. The lawsuit, brought by investors, alleges that Binance illegally sold unregistered securities. The Supreme Court's decision on January 13 allows the case

Regulation

Robinhood Pays $45 Million to Settle SEC Charges Over Past Practices

Popular trading platform Robinhood has agreed to pay $45 million in penalties to settle a range of charges brought by the U.S. Securities and Exchange Commission (SEC). The settlement, announced on Monday, addresses past compliance failures at two of Robinhood's subsidiaries, Robinhood Securities LLC and Robinhood Financial

Regulation

Trump’s Treasury Nominee Scott Bessent to Divest Bitcoin ETFs, Avoid Conflict of Interest

Scott Bessent, President-elect Donald Trump's pick for Treasury Secretary, has announced plans to divest several financial holdings, including investments in Bitcoin exchange-traded funds (ETFs), to sidestep potential conflicts of interest. According to The New York Times, Bessent’s financial disclosures reveal a portfolio exceeding $700 million, with Bitcoin

Regulation

Singapore Blocks Polymarket, Citing Illegal Online Gambling Laws

Popular prediction marketplace Polymarket has been blocked in Singapore, as the nation intensifies its crackdown on unlicensed online gambling. This move follows similar restrictions imposed by other countries, including the U.S., France, and Taiwan, highlighting the growing global scrutiny faced by the platform. Singapore Cracks Down on Unlicensed Gambling

Regulation

Gary Gensler Reflects on SEC Tenure, Crypto Challenges, and Future Leadership

As Gary Gensler prepares to step down as Chair of the U.S. Securities and Exchange Commission (SEC) on January 20, he’s taking a moment to reflect on his tenure as one of the most polarizing figures in financial regulation. In a wide-ranging interview, Gensler discussed his approach to

Regulation

US Consumer Watchdog Explores Stronger Protections for Digital Payments

The Consumer Financial Protection Bureau (CFPB), the leading U.S. consumer financial regulator, is exploring ways to enhance safeguards for consumers using digital payment methods. The agency announced two proposals on Friday, seeking public input on how to prevent excessive data collection and extend existing fraud protections to the rapidly

Regulation

New Hampshire and North Dakota Propose Strategic Bitcoin Reserves Amid Growing State Interest

Two U.S. states, New Hampshire and North Dakota, have introduced bills to establish strategic Bitcoin reserves, marking another step in the growing trend of state-level cryptocurrency adoption. These legislative efforts reflect increasing interest among policymakers to integrate Bitcoin into state treasuries as a potential hedge against inflation and economic