SEC Chairman Gary Gensler has reiterated his point critical view of the cryptocurrency industry when he will step down from the leadership role in less than two weeks. Appearing on Bloomberg TV on Wednesday, Gensler emphasized that the cryptocurrency market…
TLDR UK Treasury changes law to exclude crypto stake from collective investment classification, effective January 31 Changes specifically affect Ethereum and Solana staking, now recognized as blockchain validation processes Decision provides clarity in the regulatory framework for companies and individuals…
TLDR Backpack originally announced the purchase of FTX EU for $32.7 million FTX quickly clarified that no binding agreement was in place Backpack admitted the deal was not complete but denied misrepresentation The $32.7 million deal requires approval from creditors…
Key Street Shops Polymarket bookmakers have a 78% chance of SEC approval for Solana ETFs in 2025. Five asset managers have filed applications for the Solana ETF but are facing challenges with SEC approval. Bettors on the predicted market Polymarket…
Important takeaways Gary Gensler is leaving his position as SEC chairman after completing 100 crypto-related enforcement actions. Paul Atkins is nominated to succeed Gensler and may adopt a more lenient approach to crypto regulations. Gary Gensler defended the SEC’s crypto…
Key Street Shops Do Kwon pleaded not guilty to US fraud charges related to the collapse of TerraUSD and Luna. Kwon is accused of misleading investors about TerraUSD’s stability and functionality. Do Kwon pleaded not guilty to multiple fraud charges…
Key Street Shops Rostin Behnam will step down as CFTC chairman on January 20 after a tenure marked by high-profile enforcement actions in crypto and calls for stronger oversight. Behnam emphasizes the importance of disciplined regulation of digital assets and…
Today, Argentina’s inflation is no laughing matter and prices change every day. That means it’s fertile ground for bitcoin and crypto adoption. “The central bank has repeatedly warned about the risk of investing in volatile digital currencies, and some adopters…
Key Street Shops Judge Failla has granted Coinbase an interlocutory appeal, allowing it to challenge the SEC’s claims at the Second Circuit Court of Appeals. The appeal raises significant questions about the application of securities law to digital assets, particularly…
Malaysia’s securities watchdog, the Securities Commission of Malaysia (SC), is cracking down on Bybit, the prominent cryptocurrency exchange, for illegal offering digital asset trading services in the country. Global regulations continue to tighten, and exchanges that do not adapt to…
