Your essential source for crypto regulation news, legal developments, and policy analysis affecting the cryptocurrency industry.
Regulation
Tether Holdings Ltd., the issuer of the world's largest stablecoin, USDT, is considering expanding its presence in the United States while simultaneously establishing a global headquarters in El Salvador. This ambitious move follows a year of record profits for the company, fueled by surging cryptocurrency markets and strategic
Regulation
President-elect Donald Trump is set to make cryptocurrency a national priority through a groundbreaking executive order, signaling a new chapter for the digital asset industry in the United States. The order, expected to be unveiled soon, aims to elevate crypto as a strategic focus and establish direct collaboration between government
Regulation
President-elect Donald Trump’s nominee for Treasury Secretary, Scott Bessent, has firmly rejected the idea of a U.S. central bank digital currency (CBDC), aligning with growing skepticism among Republican lawmakers. During his Senate Finance Committee hearing on Thursday, Bessent emphasized his preference for alternative approaches to digital finance, signaling
Regulation
Nasdaq has taken a significant step towards expanding cryptocurrency investment opportunities by filing a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) for the Canary Litecoin ETF. This filing marks an essential phase in the approval process for a spot Litecoin exchange-traded fund (ETF), potentially offering investors
Regulation
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Bitwise Asset Management's proposed "Bitwise 10 Crypto Index" exchange-traded fund (ETF), extending the review period to March 3, 2025. The regulator stated it needs more time to thoroughly evaluate the proposal, which seeks
Regulation
Thailand is making waves in the cryptocurrency world, signaling a potential shift in its approach to digital assets. The country's Securities and Exchange Commission (SEC) is exploring the possibility of allowing spot Bitcoin exchange-traded funds (ETFs) to be listed on local exchanges, a move that could significantly expand
Regulation
The U.S. government has filed a court document requesting the return of over 94,000 bitcoins stolen during the 2016 Bitfinex hack. The stolen cryptocurrency, valued at the time of the theft at approximately $71 million, is sought to be returned to the Bitfinex exchange by the convicted hackers,
Regulation
Pro-crypto advocate Representative Tom Emmer (R-MN) has been appointed vice chair of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The announcement, made by Committee Chairman French Hill, highlights a renewed focus on fostering U.S. leadership in digital innovation under the incoming Trump administration. Emmer’s
Regulation
Ripple’s top executives have voiced frustration with the U.S. Securities and Exchange Commission’s (SEC) decision to proceed with an appeal in their ongoing legal battle, despite the imminent resignation of SEC Chair Gary Gensler. The move comes just days before President-elect Donald Trump’s inauguration, which is
Regulation
Global cryptocurrency exchange Binance is facing a class-action lawsuit in the United States after the Supreme Court declined to review a lower court's decision. The lawsuit, brought by investors, alleges that Binance illegally sold unregistered securities. The Supreme Court's decision on January 13 allows the case
Regulation
Popular trading platform Robinhood has agreed to pay $45 million in penalties to settle a range of charges brought by the U.S. Securities and Exchange Commission (SEC). The settlement, announced on Monday, addresses past compliance failures at two of Robinhood's subsidiaries, Robinhood Securities LLC and Robinhood Financial
Regulation
Scott Bessent, President-elect Donald Trump's pick for Treasury Secretary, has announced plans to divest several financial holdings, including investments in Bitcoin exchange-traded funds (ETFs), to sidestep potential conflicts of interest. According to The New York Times, Bessent’s financial disclosures reveal a portfolio exceeding $700 million, with Bitcoin