In a startling move, the Department of Government Efficiency (DOGE), under the direction of Elon Musk, has turned its investigative lens toward the US Securities and Exchange Commission (SEC). Known for its recent call to the public for information regarding inefficiencies and unethical practices within the SEC, DOGE’s approach signals not just a critique of
Regulation
The European Securities and Markets Authority (ESMA) has embarked on a significant initiative by initiating a public consultation focused on guidelines aimed at assessing the knowledge and qualifications of individuals providing services related to crypto-assets. This initiative, published on February 17, represents a pivotal effort in standardizing the competencies required for professionals within the emerging
In recent discussions held in Washington, D.C., Ripple Labs CEO Brad Garlinghouse expressed a newfound optimism concerning the regulatory landscape for cryptocurrencies in the United States. His engagements with key lawmakers—including prominent figures like Senators Tim Scott and Chuck Schumer, alongside Representatives French Hill, Ritchie Torres, and Bill Huizenga—highlight a critical moment. These meetings not
The cryptocurrency landscape has undergone monumental shifts, revealing opportunities for innovation in financial instruments such as exchange-traded products (ETPs). Recently, the US Securities and Exchange Commission (SEC) convened a special Crypto Task Force to discuss the potential integration of staking—a process central to proof-of-stake (PoS) blockchain networks—into these financial offerings. This meeting, which took place
In a pioneering move, South Korea’s Financial Services Commission (FSC) has announced a gradual opening of the cryptocurrency market to institutional investors, marking a significant departure from the stringent restrictions that have governed this space since 2017. This decision comes amid a broader global trend toward embracing digital assets and highlights the domestic demand for
As cryptocurrency continues to gain traction as a significant player in global finance, regulatory frameworks surrounding it have become increasingly complex. One notable player in this arena is former President Donald Trump, who has demonstrated a keen interest in the crypto space. Initially advocating for a formal crypto council to streamline regulatory processes, his administration
The landscape of cryptocurrency mining in the United States is undergoing significant upheaval, primarily influenced by recent disruptions in the supply chain for Application-Specific Integrated Circuit (ASIC) mining hardware. As U.S.-based crypto miners look to expand and optimize their operations, they’re encountering unforeseen hurdles stemming from heightened scrutiny of shipments, particularly those sourced from China,
The landscape of digital asset regulation in the United States is poised for transformation as the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) contemplate a collaborative approach. This potential partnership signals a departure from a fragmented regulatory environment towards a more unified system, especially critical in the rapidly evolving
In recent months, a notable shift has occurred within the legislative landscape regarding Bitcoin in the United States. Nearly 30 proposals at the state level are under consideration to allocate a portion of state funds toward Bitcoin reserves. This evolution points to a growing recognition of Bitcoin as a viable asset class that may benefit
In recent discussions surrounding the intersection of banking and cryptocurrency, Federal Reserve Chairman Jerome Powell has made notable statements regarding the central bank’s regulatory framework. On February 12, during a hearing with a House committee focused on monetary policy, Powell articulated that the Fed does not aim to obstruct banks from providing services related to
