Congressman Wiley Nickel On Reforming The Democrats’ Bitcoin Strategy
On the main stage of Bitcoin 2024, Rep. Wiley Nickel (D-NC) shared that he’s working to have the Democrats shift to a more pro-Bitcoin and pro-crypto stance. He told the…
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US Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says
The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for…
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Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange
The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found that the company operated an illegal exchange. The probe also determined that users were…
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Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations
Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief…
EU Targets Crypto Asset Providers Accused of Aiding Russia in Warfare Against Ukraine
The most recent European Union sanctions against the Kremlin prohibit Eurozone operators from engaging with crypto asset providers that facilitate transactions supporting Russia’s defence-industrial base. Additionally, the new sanctions regime…
Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head…
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US Lawmakers Pressure SEC to Apply Same Principles for Ethereum as Bitcoin ETFs
Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum…
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White House Opposes Crypto Bill FIT21 — Offers to Work With Congress on Balanced Framework for Digital Assets
The White House has issued a statement opposing the passage of the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote today.…
Analysts: SEC Could Begin Approval Process for Spot Ethereum ETFs Tomorrow
Bloomberg’s ETF analysts have explained that the U.S. Securities and Exchange Commission (SEC) could start the approval process for spot ethereum exchange-traded funds (ETFs) tomorrow. They noted that the securities…
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Indian Regulator Advocates Multi-Agency Approach for Crypto
The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade.…