#cryptocurrency-regulation

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#bitcoin

Bitcoin rebounds from token's largest retreat since U.S. election

Bitcoin's trading reflects uncertainty over President Trump's potential crypto policies and existing economic risks.

Trump calls for US to be 'crypto capital of the planet' in appeal to Nashville bitcoin conference

Former President Donald Trump aims to make the U.S. a 'bitcoin superpower' and 'crypto capital' if reelected, showing a shift in his stance towards cryptocurrency over time.

Bitcoin prices fall - London Business News | Londonlovesbusiness.com

Bitcoin dropped 2% due to Mt. Gox's wallet movement, SEC approved Ethereum ETFs, and Trump's campaign accepting crypto donations.

US Strategic Bitcoin Reserve FOMO Is Being Horribly Oversold

The U.S. government holds the most bitcoin, far surpassing any other state, emphasizing the need for strategic planning rather than panic.

What Can Trump Change in US Crypto Regulation? | HackerNoon

Trump promises a more liberal approach to crypto regulation, emphasizing financial freedom and self-custody for Americans.

A Trump Presidency Is The Best Outcome For Bitcoin: NIKOLAUS

Donald Trump is seen as the best candidate for Bitcoin, potentially creating a favorable environment for the cryptocurrency.

Bitcoin rebounds from token's largest retreat since U.S. election

Bitcoin's trading reflects uncertainty over President Trump's potential crypto policies and existing economic risks.

Trump calls for US to be 'crypto capital of the planet' in appeal to Nashville bitcoin conference

Former President Donald Trump aims to make the U.S. a 'bitcoin superpower' and 'crypto capital' if reelected, showing a shift in his stance towards cryptocurrency over time.

Bitcoin prices fall - London Business News | Londonlovesbusiness.com

Bitcoin dropped 2% due to Mt. Gox's wallet movement, SEC approved Ethereum ETFs, and Trump's campaign accepting crypto donations.

US Strategic Bitcoin Reserve FOMO Is Being Horribly Oversold

The U.S. government holds the most bitcoin, far surpassing any other state, emphasizing the need for strategic planning rather than panic.

What Can Trump Change in US Crypto Regulation? | HackerNoon

Trump promises a more liberal approach to crypto regulation, emphasizing financial freedom and self-custody for Americans.

A Trump Presidency Is The Best Outcome For Bitcoin: NIKOLAUS

Donald Trump is seen as the best candidate for Bitcoin, potentially creating a favorable environment for the cryptocurrency.
morebitcoin

UK Government Plans Pilot for a Digital Gilt Instrument Using Distributed Ledger Technology

U.K. government to pilot Digital Gilt Instrument using distributed ledger technology, signaling commitment to financial innovation.
#legislation

Here's Why Today's U.S. Election Matters for Crypto

Upcoming election results will significantly influence cryptocurrency regulations and market dynamics in the US.

U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate

A narrow bill passed in the U.S. House of Representatives to create a working group to assess crypto's use in terrorism and money laundering.

Here's Why Today's U.S. Election Matters for Crypto

Upcoming election results will significantly influence cryptocurrency regulations and market dynamics in the US.

U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate

A narrow bill passed in the U.S. House of Representatives to create a working group to assess crypto's use in terrorism and money laundering.
morelegislation
#defi

Privacy as a Fundamental Human Right

Privacy tools in crypto are viewed negatively, yet they play a critical role in promoting financial autonomy and privacy.
Ongoing discussions around privacy tools need to evolve, considering both legitimate uses and potential misuses.

VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources

New York Attorney General's office is intensifying scrutiny on Uniswap, reflecting broader regulatory actions against cryptocurrency platforms due to concerns over compliance.

Privacy as a Fundamental Human Right

Privacy tools in crypto are viewed negatively, yet they play a critical role in promoting financial autonomy and privacy.
Ongoing discussions around privacy tools need to evolve, considering both legitimate uses and potential misuses.

VC Giants a16z, Union Square Ventures Get Subpoenaed by New York About Uniswap: Sources

New York Attorney General's office is intensifying scrutiny on Uniswap, reflecting broader regulatory actions against cryptocurrency platforms due to concerns over compliance.
moredefi
#sec

The future of crypto regulation comes down to one unpopular man

Gary Gensler's role as SEC chair has become a pivotal and contentious issue in the 2024 presidential election.

Crypto.com Sues SEC, Chair Gary Gensler After Receiving Wells Notice

Crypto.com has sued the SEC over a Wells Notice, challenging regulatory actions against cryptocurrency sales.
The exchange argues the SEC is unlawfully expanding its jurisdiction regarding secondary-market token sales.
Crypto.com is also seeking clarity on CFTC's exclusive regulation of certain derivative products.
Cronos token price fell by 4.7% after the lawsuit announcement, reflecting market reaction to legal issues.

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC

A U.S. judge has approved a settlement between SEC, Do Kwon, and Terraform Labs, involving a $4.5 billion penalty and a ban on trading 'crypto asset securities.'

Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking

Coinbase accuses SEC of arbitrary behavior in refusing to clarify crypto regulation rules.
SEC faces legal action over lack of specificity in regulating crypto assets.

What Happens if the SEC Classifies ETH a Security? (Wrong Answers Only)

Ethereum's ether (ETH) token may be reclassified as a security by the SEC.
Subpoenaing crypto companies like the Ethereum Foundation is common in the industry.

U.S. Sen. Wyden: House 'Right' to Pursue Crypto Bill, Late in Session for More Progress

Sen. Wyden supports the FIT21 bill and emphasizes the need for a regulatory framework in the crypto industry.

The future of crypto regulation comes down to one unpopular man

Gary Gensler's role as SEC chair has become a pivotal and contentious issue in the 2024 presidential election.

Crypto.com Sues SEC, Chair Gary Gensler After Receiving Wells Notice

Crypto.com has sued the SEC over a Wells Notice, challenging regulatory actions against cryptocurrency sales.
The exchange argues the SEC is unlawfully expanding its jurisdiction regarding secondary-market token sales.
Crypto.com is also seeking clarity on CFTC's exclusive regulation of certain derivative products.
Cronos token price fell by 4.7% after the lawsuit announcement, reflecting market reaction to legal issues.

U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC

A U.S. judge has approved a settlement between SEC, Do Kwon, and Terraform Labs, involving a $4.5 billion penalty and a ban on trading 'crypto asset securities.'

Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking

Coinbase accuses SEC of arbitrary behavior in refusing to clarify crypto regulation rules.
SEC faces legal action over lack of specificity in regulating crypto assets.

What Happens if the SEC Classifies ETH a Security? (Wrong Answers Only)

Ethereum's ether (ETH) token may be reclassified as a security by the SEC.
Subpoenaing crypto companies like the Ethereum Foundation is common in the industry.

U.S. Sen. Wyden: House 'Right' to Pursue Crypto Bill, Late in Session for More Progress

Sen. Wyden supports the FIT21 bill and emphasizes the need for a regulatory framework in the crypto industry.
moresec
#stablecoins

Treasury will define U.S. crypto policy - eventually

Treasury's lack of a clear vision on cryptocurrency regulation leads to confusion in the industry.

Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan

Tokenized treasuries will not fully replace stablecoins due to regulatory disadvantages and lower liquidity.

Treasury will define U.S. crypto policy - eventually

Treasury's lack of a clear vision on cryptocurrency regulation leads to confusion in the industry.

Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan

Tokenized treasuries will not fully replace stablecoins due to regulatory disadvantages and lower liquidity.
morestablecoins

JD Vance Adviser Posted on Reddit for Years About Use of Cocaine, 'Gas Station Heroin,' Other Drugs

Aaron Kofsky's controversial online behavior raises concerns about his influence on JD Vance's financial policies.
#kamala-harris

In outreach to Black men, Harris to vow to legalize weed, protect crypto

Harris pledges legal reforms and financial opportunities to engage Black voters ahead of the presidential race.

Kamala Harris' pragmatic economic pitch to voters

Harris signals a more pragmatic economic approach that contrasts with Biden's, emphasizing innovation and entrepreneurship.

Kamala Harris is a blank slate on crypto: Here's what her candidacy might mean for the blockchain industry

The crypto industry is reassessing its position with a potential future under Vice President Kamala Harris.

In outreach to Black men, Harris to vow to legalize weed, protect crypto

Harris pledges legal reforms and financial opportunities to engage Black voters ahead of the presidential race.

Kamala Harris' pragmatic economic pitch to voters

Harris signals a more pragmatic economic approach that contrasts with Biden's, emphasizing innovation and entrepreneurship.

Kamala Harris is a blank slate on crypto: Here's what her candidacy might mean for the blockchain industry

The crypto industry is reassessing its position with a potential future under Vice President Kamala Harris.
morekamala-harris

The FBI created its own crypto token to catch alleged fraudsters

The DOJ's indictment marks a historic step in pursuing crypto market manipulation cases, leveraging innovative FBI tactics to combat fraud.

Coinbase's Paul Grewal Says Crypto Should Remain Non-Partisan

Asian crypto regulation inspires Grewal while he remains optimistic about U.S.

Ether Slides 20% as Trading Firm Moves $46M in ETH

ETH price dropped significantly after Jump Trading moved a large amount of ETH to centralized exchanges.
from Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 months ago

The BITCOIN Act of 2024

The BITCOIN Act of 2024 proposes the creation of a Strategic Bitcoin Reserve and a structured Bitcoin Purchase Program to establish Bitcoin as a strategic asset in the US.

US strategic Bitcoin reserve to be financed by revaluing Fed's gold

U.S. Senator Cynthia Lummis proposes financing a Bitcoin reserve partly via revaluing Federal Reserve's gold certificates to mirror the gold reserves size and scope.

Coinbase Concerned About "Ongoing Regulation By Enforcement" in Australia

Coinbase expresses concern over ongoing regulation through enforcement in Australia ahead of expected draft legislation.
from ReadWrite
3 months ago

Russia eyes crypto legalization amid sanctions pressure

Russia's State Duma is considering legalizing cryptocurrencies, with new drafts expected to soon become law.

The Morning Risk Report: World Economic Forum Opens Board Probe of Workplace Culture

The AI Act enforcement in Europe impacts U.S. companies, urging them to comply with new regulations.
#hong-kong

Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms

Cryptocurrency platforms in Hong Kong must be licensed or 'deemed-to-be-licensed' by June 1, 2024, facing on-site inspections. Compliance with regulations, especially asset safeguarding and client verification, is under scrutiny.

Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF

Asset managers VSFG and Value Partners have applied for a spot bitcoin ETF in Hong Kong.
SFC is expected to allow in-kind creations and redemptions for spot bitcoin ETFs.

Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms

Cryptocurrency platforms in Hong Kong must be licensed or 'deemed-to-be-licensed' by June 1, 2024, facing on-site inspections. Compliance with regulations, especially asset safeguarding and client verification, is under scrutiny.

Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF

Asset managers VSFG and Value Partners have applied for a spot bitcoin ETF in Hong Kong.
SFC is expected to allow in-kind creations and redemptions for spot bitcoin ETFs.
morehong-kong

America's First Bitcoin President: Trump Now Accepts Crypto Donations

President Trump's campaign will start accepting Bitcoin donations, contrasting with Democrats' regulatory stance on cryptocurrencies.

Crypto lender Genesis reaches $2B settlement

The $2 billion settlement between the New York attorney general and Genesis Global highlights the consequences of lack of oversight and the trend of crypto casualties.
#bitcoin-mining

El Salvador's Bitcoin holdings reach $373M

El Salvador has accumulated significant Bitcoin holdings through mining using geothermal energy, with no intention of selling despite increased value.

Senator Cynthia Lummis to Speak in Washington D.C. on US Competitiveness in Bitcoin Mining

Senator Cynthia Lummis supports bitcoin mining for U.S. energy grids and advocates for sound money policies.
The Bitcoin Policy Summit aims to discuss the importance of maintaining the competitiveness of bitcoin mining in the United States.

El Salvador's Bitcoin holdings reach $373M

El Salvador has accumulated significant Bitcoin holdings through mining using geothermal energy, with no intention of selling despite increased value.

Senator Cynthia Lummis to Speak in Washington D.C. on US Competitiveness in Bitcoin Mining

Senator Cynthia Lummis supports bitcoin mining for U.S. energy grids and advocates for sound money policies.
The Bitcoin Policy Summit aims to discuss the importance of maintaining the competitiveness of bitcoin mining in the United States.
morebitcoin-mining

Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts

Tether partners with Chainalysis for monitoring transactions on secondary markets to ensure compliance with sanctions and detect illicit activities.

Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's

Crypto could be a key topic in Senate races determining the Senate Banking Committee leadership.
Public forums in elections are critical for questioning candidates on their digital asset stance.

Automakers Are Telling Your Insurance Company How You Really Drive

Google receives thousands of DMCA complaints for deepfake nudes from a handful of websites, suggesting a deepfake porn problem.
Airbnb bans indoor security cameras at short-term rental properties worldwide, extending to outdoor areas for privacy protection.

Senator Marsha Blackburn to Speak on Importance of BTC, Digital Assets for US Economy at Bitcoin Policy Summit in Washington D.C.

Marsha Blackburn is speaking at the Bitcoin Policy Summit, focusing on digital asset policy and Bitcoin's future direction in the US.
Blackburn co-sponsored an amendment for cybersecurity data sharing in the crypto industry, highlighting the importance of regulatory measures in the space.

First Mover Americas: Crypto on the Agenda at Republican Presidential Debate

A pro-crypto candidate at the Republican presidential debate called for reducing SEC workforce and relaxing regulations on the crypto industry.
Solana founder Anatoly Yakovenko mentioned the uncertain future of the Saga phone due to disappointing sales.

Why Joe Biden Hates Bitcoin

President Biden vetoed legislation supporting Bitcoin custody by financial institutions, reflecting his administration's lack of support for the industry.

Investors Added Money to Bitcoin ETFs Even as Bitcoin Slipped 7% in June

Spot bitcoin ETFs saw significant inflows despite a 7% price drop in June.

Solana ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto

Trump's positive stance on crypto may increase the likelihood of Solana ETFs approval next year.

Crypto Trading Firm Cumberland Acquires New York's BitLicense

Cumberland DRW's New York entity received a BitLicense, enhancing trading opportunities with institutional New York counterparties.

U.S. SEC's Crypto Enforcer David Hirsch Quits

David Hirsch, the chief of the crypto asset unit in the SEC enforcement division, has left his role after nearly 9 years. He expressed pride in the work of his team.

Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities

The Taiwan Virtual Asset Service Provider Association, comprising 24 entities, aims to regulate the cryptocurrency industry through self-regulation and collaboration with the government.
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