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Robinhood, Coinbase Could Benefit From New Digital Asset Regulation, Says Bernstein
Tuesday, April 15, 2025 - 7:50am | 756A new digital assets regulatory framework could significantly expand the offerings of Robinhood (NASDAQ:HOOD) and Coinbase (NASDAQ:COIN), enabling both platforms to list a broader range of crypto assets and tokenized equities, according to a new Bernstein report. What Happened: The report...
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Trump Administration Shuts Down The Department Of Justice's Crypto Crime Unit
Tuesday, April 8, 2025 - 12:03pm | 494The U.S. Department of Justice has terminated its specialized cryptocurrency investigation team, signaling a significant shift in federal oversight of digital assets. What Happened: In a detailed internal memorandum, Deputy Attorney General Todd Blanche announced the immediate dissolution of the...
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Ripple Closes In On Legal Resolution With SEC, Will Recover $75 Million From Original Fine
Tuesday, March 25, 2025 - 6:20pm | 363Ripple Labs appears poised to conclude its lengthy courtroom standoff with the U.S. Securities and Exchange Commission with a proposed settlement returning $75 million of a previously imposed $125 million penalty. In an update shared Tuesday on X (formerly Twitter), Ripple's Chief Legal Officer...
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Crypto Leaders Step Up Pressure On SEC As Trump's Policies Reshape Regulatory Landscape
Monday, March 17, 2025 - 3:27pm | 700The cryptocurrency industry, long at odds with U.S. regulators, is now pushing back harder than ever against the Securities and Exchange Commission after finding itself on more favorable ground under President Donald Trump's administration. What Happened: Several leading crypto executives and firms...
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Ripple-SEC Lawsuit Nears End: Will XRP Be Classified As Commodity Like Ethereum?
Thursday, March 13, 2025 - 3:36pm | 536The prolonged legal battle between the SEC and Ripple Labs, initiated in December 2020 over the alleged $1.3 billion unregistered XRP (CRYPTO: XRP) sale, may soon conclude, according to a Fox Business report. A key point of contention in the negotiations is whether's XRP’s utility and trading...
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JPMorgan Questions Viability of US Crypto Reserve, Cites Issues With Smaller Tokens
Thursday, March 6, 2025 - 2:29pm | 466A senior JPMorgan Chase & Co (NASDAQ:JPM) strategist voiced doubts about the feasibility of establishing a U.S. strategic cryptocurrency reserve, pegging its chances of approval at below 50% and raising concerns about including tokens such as XRP (CRYPTO: XRP), Solana (CRYPTO: SOL) and Cardano...
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Analysts Doubt US Crypto Reserve Expansion Beyond Bitcoin, Cite Funding Challenges
Monday, March 3, 2025 - 10:09am | 850Analysts at Bernstein have raised concerns that expanding the proposed U.S. Crypto Strategic Reserve to include blockchain assets beyond Bitcoin (CRYPTO: BTC) using Federal Reserve or Treasury funds faces significant hurdles, despite a bullish market response to President Donald Trump's weekend...
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Why Bitcoin's DeFi Boom Took Years: Solv Protocol's Ryan Chow Spills The Details
Saturday, March 1, 2025 - 3:56pm | 588Bitcoin's (CRYPTO: BTC) towering $1.5 trillion market cap has long outpaced its rivals, yet its decentralized finance (DeFi) utility has lagged due to slow infrastructure development and regulatory hurdles, according to Ryan Chow, co-founder of Solv Protocol Speaking from his vantage point at Solv...
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Crypto's Trump-Era Honeymoon Fades As Regulatory Reality Sets In
Friday, February 28, 2025 - 10:22pm | 862One month into Donald Trump's presidency, the cryptocurrency industry's euphoria over anticipated deregulation is giving way to a sobering realization: meaningful change may take years, not weeks. At a Denarii Labs-hosted panel titled “Regulatory Crossfire: What's Next for Crypto in 2025,...
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EXCLUSIVE: Bitcoin ETFs With Staking Could Transform Institutional Adoption, Says Bitlayer Co-Founder
Thursday, February 27, 2025 - 5:27pm | 547Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) offering staking capabilities could significantly boost institutional engagement by putting idle assets to work, according to Charlie Hu, co-founder of Bitlayer, a Bitcoin Layer 2 solution provider. In an interview with Benzinga on the sidelines of...
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Citadel Securities Moves Into Crypto Market-Making Following Trump's Crypto-Friendly Regulation Push (CORRECTED)
Tuesday, February 25, 2025 - 11:09am | 531Editor’s note: the article has been corrected to accurately reflect the reference to Citadel Securities, the market-making firm. Citadel Securities is preparing to enter cryptocurrency market-making after the Trump administration has signaled a friendlier regulatory environment. What Happened...
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Michael Saylor Presents 'Digital Assets Framework' To SEC Crypto Task Force
Monday, February 24, 2025 - 2:12pm | 500Michael Saylor, executive chairman of Strategy (NASDAQ:MSTR), presented his “Digital Assets Framework, Principles, and Opportunity for the United States” document to the SEC Crypto Task Force on Friday, outlining a strategy to integrate digital assets into the U.S. economy. What...
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SEC Drops Investigation Into Robinhood's Crypto Unit
Monday, February 24, 2025 - 11:03am | 516The U.S. Securities and Exchange Commission has officially ended its investigation into Robinhood's (NASDAQ:HOOD) cryptocurrency operations without imposing any enforcement action, the company announced on Monday. This development signals a potential shift in regulatory oversight following a period...
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SEC Scales Back Crypto Enforcement, Expands Focus To Cyber Fraud
Thursday, February 20, 2025 - 1:22pm | 418The U.S. Securities and Exchange Commission is restructuring its enforcement approach by scaling back its cryptocurrency oversight unit and replacing it with a smaller team focused on cyber fraud and technological threats. What Happened: The newly formed division will investigate crimes involving...
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BlackRock To Launch Bitcoin Investment Product In Europe
Wednesday, February 5, 2025 - 1:58pm | 413After the overwhelming success of its Bitcoin (CRYPTO: BTC) exchange-traded fund in the United States, BlackRock (NASDAQ:BLK) is reportedly preparing to launch a similar product for European investors. What Happened: Quoting an unspecified source, a Bloomberg report stated the investment vehicle,...