In the whirlwind of the ever-evolving cryptocurrency landscape, Senate Republicans have taken a significant step by advancing the GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act. This legislative push is more than just a measure to regulate stablecoins; it represents an urgent need to set forth a comprehensive framework that governs digital assets,
Regulation
In a surprising turn of events, the U.S. Securities and Exchange Commission (SEC) has officially closed its inquiry into PayPal’s dollar-backed stablecoin, PYUSD. This announcement, disclosed in PayPal’s Q1 2025 financial filings, has stirred excitement, not just for the company but for the broader cryptocurrency market. The November 2023 subpoena once sparked fears about PYUSD
Circle’s recent approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi is not just a regulatory milestone; it’s a calculated strategy that could redefine the landscape of digital finance in the Middle East and Africa (MEA). Incorporated in December 2024, Circle’s swift progress in securing initial approval for a Financial Services Permission (FSP)
Caitlin Long, the CEO of Custodia Bank, has raised pointed allegations against the US Federal Reserve, accusing it of deliberately perpetuating anti-crypto policies while masquerading as a pro-innovation entity. The recent announcement from the Fed claiming to rescind restrictive guidelines sounds promising at first blush. However, by maintaining a crucial rule that prevents banks from
In recent months, a transformative shift has been brewing in the U.S. regulatory landscape for cryptocurrencies. The current administration appears to be moving away from prior heavy-handed regulatory measures towards a more balanced approach that prioritizes clarity and economic growth. This new direction, while understandably optimistic, still carries with it the weight of hesitation and
The U.S. Securities and Exchange Commission (SEC) has taken a bold step by extending its timeline for decisions on several proposed exchange-traded funds (ETFs) linked to notable cryptocurrencies such as Polkadot (DOT) and Hedera (HBAR). This pivotal moment aligns with an unprecedented influx of crypto-related filings, suggesting a seismic change in the regulatory landscape. The
The landscape of digital asset regulation is shifting dramatically as the U.S. Securities and Exchange Commission (SEC) embarks on an ambitious exploration of cross-border regulatory frameworks. Their recent dialogue with El Salvador’s National Commission of Digital Assets (CNAD) suggests a necessary departure from outdated regulations that stifle innovation. In an era where digital assets are
In April 2023, Kuwait’s Ministry of Interior delivered a decisive blow to the burgeoning cryptocurrency landscape by outlawing Bitcoin mining across the nation. This move has sparked significant debate regarding the balance between innovation and public welfare. The government cited excessive power consumption and potential violations of several national regulations as key reasons for this
The recent departure of Gary Gensler from the Securities and Exchange Commission (SEC) was widely interpreted as a potential turning point for the beleaguered crypto sector. However, observers like Justin Slaughter, Paradigm’s vice president of regulatory affairs, contend that the enforcement-heavy tactics pioneered under Gensler’s tenure have not subsided; they’ve merely been redirected. Instead of
The recent announcement that the US Securities and Exchange Commission (SEC) is reviewing a staggering 72 crypto-related exchange-traded fund (ETF) filings is undoubtedly a significant moment in the evolution of financial markets. The sheer number of proposals—from established cryptocurrencies like Litecoin to memecoins such as Dogecoin—points to a burgeoning interest in diversifying investment strategies within