U.S. SEC’s Acting Chair Walking Back Agency Proposal on Crypto Trading Platforms
One of the U.S. Securities and Exchange Commission’s regulation proposals that was meant to grab segments of the crypto space under the agency’s jurisdiction...
El Salvador Signs Crypto Regulation Agreement With Paraguay
El Salvador has entered a regulatory agreement with Paraguay on the topic of cryptocurrencies. Paraguay’s Secretaría de Prevención de Lavado de Dinero o Bienes...
Ether’s Freefall Below $1.9K Roils DeFi, Jeopardizes Crypto Loan Backed by $130M in ETH
Ethereum’s ETH has been spiraling on Monday, jeopardizing a large decentralized finance (DeFi) loan on lending platform Sky (formerly Maker) of being liquidated. The...
Recent SEC Guidance On Memecoins Suggests Broader Policy Change
There is more to SEC’s recent memecoin guidance than meets the eye. On Feb. 27, the staff of the SEC’s Division of Corporate Finance...
Dormant Ether Whale Moves $13M in ETH to Kraken
An ether (ETH) whale, who has held the token since its initial coin offering (ICO), made waves on Monday as it moved ETH worth...
Latest Draft of U.S. Stablecoin Bill Aims to Split Power Between State and Federal Authorities
The latest draft of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, introduced before a hearing Tuesday, proposes a significant shift...
Bitcoin and Nasdaq Could Stabilize as Bull Positioning in Yen Appears Stretched
It may be a coincidence, but the recent decline in the Nasdaq and bitcoin (BTC) coincides with a sharp rise in Japanese government bond...