crypto regulation

Payments company Ripple (CRYPTO: XRP) is making a major push to influence the upcoming U.S. elections, pouring another $25 million into Fairshake, a crypto-focused super PAC. What Happened: This latest donation brings Ripple’s total contribution to Fairshake to $50 million, making them the...

The SEC’s approval of eight spot Ethereum (CRYPTO: ETH) ETFs on Thursday marks a significant regulatory shift, reflecting the heightened politicization of digital assets ahead of a tightly contested presidential race, according to a report. What Happened: The report, by H.C. Wainwright &...

The House of Representatives’ recent passage of the Financial Innovation and Technology for the 21st Century Act (FIT21), colloquially dubbed the “crypto bill,” has experts cautiously optimistic about the bill’s potential to bring much-needed regulatory clarity. Still,...

In a move that could significantly boost mainstream adoption of cryptocurrency, the Securities and Exchange Commission has approved the first spot Ether exchange-traded funds (ETFs). This landmark decision follows months of speculation and anticipation, with the price of Ethereum (CRYPTO: ETH)...

The cryptocurrency world holds its breath today as the US Securities and Exchange Commission (SEC) faces a crucial deadline regarding Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs). With applications from several issuers on the table, investors are eager to see if the long-awaited regulatory...

In a surprising turn of events, the White House announced today that it will not veto the Financial Innovation and Technology for the 21st Century Act (FIT21), a bill that would significantly impact how digital assets are regulated in the United States. What Happened: The administration emphasized...

Former President Donald Trump is now accepting cryptocurrency for official campaign donations, a move that has garnered mixed reactions from experts in the crypto industry. While some see this as a strategic play to attract crypto enthusiasts, others remain skeptical about Trump’s genuine...

House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) and House Agriculture Committee Ranking Member David Scott (D-Ga.) have expressed their strong opposition to a bill creating a definition for whether a digital asset is a security or a commodity. What Happened: Quoting an...

US asset management giant Fidelity has filed an amended S-1 application with the United States Securities and Exchange Commission (SEC) for its spot Ether exchange-traded fund (ETF). What Happened: This development is closely watched by industry experts and investors alike, as the approval of such...

The U.S. House of Representatives cast a decisive vote in favor of a resolution that seeks to overturn a controversial SEC cryptocurrency accounting directive, signaling a widening rift between legislative preferences and executive defense of regulatory measures. What Happened: The resolution,...

Crypto exchange Binance is on the brink of re-entering the Indian market after a hiatus enforced by regulatory issues. What Happened: Having faced a ban in January, the exchange is now preparing to operate again by settling a $2 million penalty, according to insiders familiar with the situation,...

U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) on Wednesday introduced a new stablecoin bill, aiming to define how these digital tokens will operate within the American financial system. What Happened: Under the proposed legislation, companies issuing stablecoins for payments...

The U.K. government is stepping on the gas to deliver its long-awaited crypto regulations, aiming to have legislation for stablecoins, crypto staking, exchanges and custody in place by June or July. What Happened: Economic Secretary Bim Afolami announced this ambitious timeline at the Innovate...

The London Stock Exchange has announced plans to launch a dedicated market for exchange-traded notes (ETNs) tied to Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH), the two largest cryptocurrencies by market capitalization. The new market is scheduled to go live on May 28, marking a milestone in the...

Coinbase Global Inc (NASDAQ:COIN) is set to contest the U.S. Securities and Exchange Commission’s (SEC) classification of tokens traded on its platform as securities. What Happened: Coinbase, the world’s largest publicly traded cryptocurrency exchange, is scheduled to present its case...