In a recent development, House Financial Services Committee Chairman Patrick McHenry and House Agriculture Committee Chairman Glenn “GT” Thompson shared details of draft legislation on digital assets.
Exchange News
Republicans in the U.S. House of Representatives Patrick McHenry and Glenn Thompson of Pennsylvania released a draft bill on Friday.
The bedrock edition of Optimism is about to be released, laying the groundwork for Ethereum’s path to a superchain.
In a major development, the European Union (EU) has officially signed its groundbreaking Markets in Cryptoassets (MiCA) regulation into law.
In an exciting development, DWF Labs has pledged long-term financial support to the Outer Ring MMO, injecting a substantial seven-figure investment.
Wu Wenqian, a practicing lawyer of the High Court of the Hong Kong Special Administrative Region, clarified the huge obstacles faced by virtual asset trading platforms in applying for licenses in Hong Kong.
Zambia’s testing of cryptocurrencies, including Bitcoin, is nearing completion, according to recent reports.
In a recent interview, MicroStrategy co-founder and CEO Michael Saylor expressed his thoughts on the regulator’s stance on cryptocurrencies.
Ahead of this week’s congressional hearings, Rep. Maxine Waters, a Democrat from the U.S. House of Representatives, released her proposed draft stablecoin legislation.
The second-largest stablecoin by market cap, USD Coin, was rescued by the government in March, proving that it can indeed compete with banks.
ATLANTA, May 15, 2023 – During a question-and-answer session at the 27th Annual Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler addressed the widespread Non-compliant and risky business models in the cryptocurrency market.
Following a U.S. congressional hearing on cryptocurrencies, a leaked internal memo circulating among Democratic members of the House Financial Services Committee shows that they advocate for the U.S. Securities and Exchange Commission (SEC) to be the primary regulator for cryptocurrencies.
Now-defunct Canadian cryptocurrency exchange Quadriga CX has reached a settlement to compensate former users with a 13 percent payout, according to a notice to creditors issued by accounting firm Ernst & Young late Friday.
Hester Peirce, one of five U.S. Securities and Exchange Commission (SEC) commissioners, has warned that the U.S. could fall behind the European Union and the U.K. in cryptocurrency regulation if it fails to enact clear rules.
A new report from Kraken subsidiary Staked suggests that ETH’s staking rate could double in the next 18 months.
The Blockchain Association, a prominent industry group in the crypto space, filed a comment letter on May 8 in response to proposed regulations from the U.S. Securities and Exchange Commission (SEC).
Total bitcoin futures volume on cryptocurrency exchanges hit $931.4 billion in April, a sharp increase from the previous month, according to data released by crypto analytics firm CryptoCompare.
In its latest national security standards report, President Biden’s team listed several technology industries as priorities for standardization, including cryptocurrencies as an emerging technology to watch.
In a recent development, sources familiar with the matter said that all established cryptocurrency exchanges in Venezuela are planning to close permanently.
Julie Foerster, director of cryptocurrency taxation at the Internal Revenue Service (IRS), said the agency aims to issue cryptocurrency tax guidance within 12 months.