In a notable shift within the U.S. Securities and Exchange Commission (SEC), President Donald Trump appointed Mark Uyeda as the acting chair on January 20, marking a critical juncture for the regulatory body. This change came alongside the formal resignation of Chair Gary Gensler, whose tenure has been marked by contention particularly around digital assets
Regulation
In a significant move that is poised to reshape the landscape of cryptocurrency regulation in the United States, Caroline Pham has reportedly been appointed as the acting chair of the Commodity Futures Trading Commission (CFTC). This development, first reported by Bloomberg News, highlights a transition in leadership as the agency navigates the dynamically evolving crypto
The landscape of cryptocurrency in Europe is currently undergoing a significant shift as regulatory frameworks evolve. Central to this transformation is the Markets in Crypto-Assets Regulation, commonly referred to as MiCA. This landmark legislation aims to create a standardized approach to cryptocurrency governance across the European Union. With its synchronized rules governing transparency, consumer protection,
In the evolving world of cryptocurrency, the approval of exchange-traded funds (ETFs) represents a significant milestone towards legitimizing and integrating digital assets within traditional financial systems. On January 16, Nasdaq submitted a 19b-4 Form to list and facilitate the trading of a spot Litecoin (LTC) ETF, a move that has garnered considerable attention and speculation
The legal tussle between the United States Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the cryptocurrency XRP, continues to evolve. The SEC recently filed an appeal against a court ruling that previously leaned in Ripple’s favor. At the heart of this complicated affair is the SEC’s assertion that Ripple’s sales of
In a bold move, Senator Cynthia Lummis has reached out to U.S. authorities, articulating her serious reservations regarding the planned liquidation of a substantial cache of 69,370 Bitcoins associated with the infamous Silk Road—the dark web marketplace that has captivated both public attention and governmental scrutiny. Her contention revolves not only around the potential financial
With the impending transition of power following Donald Trump’s election as President, significant shifts in U.S. cryptocurrency regulation are on the horizon. Reports suggest that the U.S. Securities and Exchange Commission (SEC) is poised to reassess its current enforcement strategies concerning cryptocurrency firms, a move that could reshape the future of this burgeoning industry. This
The TON Foundation, closely associated with the popular messaging platform Telegram, is plotting an ambitious course for its expansion into the United States. Following a fruitful year in 2024, the initiative has recognized a ripe opportunity to solidify its presence in the U.S. market. This strategic pivot comes amid a promising shift in the cryptocurrency
In a significant development signaling the ongoing scrutiny of trading platforms, Robinhood Markets, Inc. has settled with the US Securities and Exchange Commission (SEC) for a hefty $45 million in civil penalties. This decision comes in light of findings from a rigorous investigation into the company’s subsidiary operations—specifically Robinhood Securities LLC and Robinhood Financial LLC.
In a significant development for the global financial landscape, the New York Department of Financial Services (NYDFS) and the Bank of England (BOE) have embarked on a groundbreaking partnership aimed at harmonizing regulatory standards for cryptocurrency and emerging payment systems. Announced on January 13, this initiative, termed the Transatlantic Regulatory Exchange (TRE), signals a proactive