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18M Americans used or owned crypto last year: Fed survey estimates
23.5.2024
Just 1% of United States adults reported using crypto for payment or to send money in 2023
US House approves FIT21 crypto bill with bipartisan support
22.5.2024
Democratic and Republican lawmakers in the U.S. House of Representatives voted to pass the Financial Innovation and Technology for the 21st Century Act
US authorities will transfer SBF to California prison: Report
22.5.2024
The former FTX CEO has been housed in a cell at the Metropolitan Detention Center in Brooklyn since a judge revoked his bail in August 2023
SEC Chair Gary Gensler Slams FIT2I, Cites “Immeasurable Risk” To Investors
22.5.2024
United States Securities and Exchange Commission (SEC) Chair Gary Gensler released a statement Wednesday morning criticizing the Financial Innovation and Technology for the 21st Century Act (FIT21), claiming it would present "immeasurable risk" to investors and markets. Gensler's commentary comes...
BlackRock’s Bitcoin ETF Sees $300 Million in Inflows, Reversing Trend of Low Flows
22.5.2024
BlackRock's spot Bitcoin ETF has generated significant traction, accounting for 95% of the total inflow into United States spot Bitcoin ETFs on Tuesday.
The post BlackRock’s Bitcoin ETF Sees $300 Million in Inflows, Reversing Trend of Low Flows appeared first on Cryptonews
SEC Files Opposition To Ripple’s Latest Motion
21.5.2024
A response to Ripple's move to redact and seal the company's business facts was filed by the US Securities and Exchange Commission (SEC) on May 21 in the parties' remedy briefings.
The post SEC Files Opposition To Ripple’s Latest Motion appeared first on Cryptonews
Donald Trump says his campaign will accept crypto
21.5.2024
Facing several criminal cases, the presumptive Republican Party nominee for U.S. President is expected to face off against President Joe Biden in November 2024
US lawmaker addresses House before FIT21 vote: Bill ‘will stop another FTX’
21.5.2024
Representative Wiley Nickel called on Democrats and Republicans to support the bill to stop the SEC from “turning cryptocurrency regulation into a political football.”
Freedom of speech isn’t a ‘trump card’ for Tornado Cash developers
21.5.2024
Does code as freedom of speech mean that developers aren’t responsible for how their creations are used?
‘Winter is over’ — Bullishness returns in wake of Ether ETF anticipation
21.5.2024
Many industry pundits speculate the SEC’s sudden change of pace on spot Ether ETFs could be a result of increased political pressure
Ex-Florida congressman joins Coinbase Global Advisory Council
20.5.2024
Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters
SEC rumored to be reconsidering spot Ether ETF denial, say analysts
20.5.2024
ETF analysts James Seyffart and Eric Balchunas said they had increased their odds of the SEC approving a spot Ether exchange-traded fund from 25% to 75%
US House to vote on FIT21 bill before holiday weekend
20.5.2024
The legislation, passed out of committee in July 2023, would clarify how the U.S. Commodity Futures Trading Commission and Securities and Exchange Commission handle crypto
HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin
20.5.2024
Xiao Geng states that the creation of a CNY-pegged stablecoin could expand the offshore Chinese yuan market and elevate Hong Kong’s status in the global financial sector.
The post HKIIF Chair Advocates for Hong Kong to Develop CNY-Pegged Stablecoin appeared first on Cryptonews
XRPL on-chain transactions jump 108% in Q1 2024
19.5.2024
The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023
‘Godfather of AI’ advises UK government to start UBI
18.5.2024
Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years
Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report
18.5.2024
Out of the top 25 hedge funds in the United States, 13 have entered the market by investing in the ETFs during the first quarter.
The post Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report appeared first on Cryptonews
Biden may rethink SAB 121 vote veto due to political support for crypto
18.5.2024
The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision?
Crypto firms rally behind FIT21 bill approaching US House floor vote
17.5.2024
Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule
DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi
17.5.2024
The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink to conclude a pilot program involving several major banking firms in the United States.
The post DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi...