EU central bank backs plan for crypto supervision under EU markets watchdog
The European Central Bank has supported the European Commission’s plan to bring the supervision of major crypto companies under the…
Category: Legal
CLARITY Act Update: Chainlink Executive Says Banks Are Pushing Extremely Hard to Block Crypto Yield Feature
In a recent interview, Chainlink’s Adam Minehardt laid out the reason behind delay for the passage of the much-awaited CLARITY…
South Korea says API crypto trading now makes up 30% of market: Report
South Korea’s Financial Supervisory Service (FSS) said Monday that API-based trading now accounts for about 30% of crypto buy-and-sell turnover,…
Circle CEO Jeremy Allaire Denies Claims USDC Will Be Used for Strait of Hormuz Passage! Here Are the Details
Circle CEO Jeremy Allaire has denied claims that $USDC will be used for transit fees in the Strait of Hormuz.…
Bankers rebuff White House claim that stablecoin yield doesn’t threaten deposits
The crypto industry’s chief effort in U.S. policy — the Digital Asset Market Clarity Act — has remained held up…
US SEC Releases New Guidance on Cryptocurrencies! Here Are the Details
The US Securities and Exchange Commission (SEC), which abandoned its negative stance towards cryptocurrencies under Donald Trump, stated that cryptocurrency…
White House crypto adviser Witt says other Clarity Act hurdles being cleared
The White House’s main crypto adviser, Patrick Witt, said that work is still being done to lock in the compromise…
Crypto wallet firm Exodus sues W3C and its CEO Garth Howat, seeking to compel $175M acquisition
Listed cryptocurrency firm Exodus Movement (EXOD) is suing W3C, the parent company of crypto card and payments specialists Baanx and…
Coinbase VP of international policy leaves for OpenAI
Tom Duff Gordon, the vice president of international policy at U.S.-listed cryptocurrency platform Coinbase (COIN), has left the firm for…
ECB backs tokenized EU capital markets with strict guardrails
The European Central Bank (ECB) set out a cautious path toward tokenizing Europe’s capital markets, saying the technology can deliver…