crypto regulation

A new study has revealed that almost half of U.S. voters are in favor of pro-crypto policies, showing a growing willingness to cross party lines for candidates supporting cryptocurrency. The survey, conducted by HarrisX and Consensys indicates that 85% of those polled want presidential candidates...

Binance co-founder Changpeng Zhao was released on Friday, after having served a four-month sentence for failing to implement Anti-Money Laundering (AML) measures between 2017 and 2022. But Zhao’s case is just one among many that highlight the growing enforcement against crypto crimes. The...

Vice President Kamala Harris is steering the Democratic Party toward a more “pragmatic” approach to cryptocurrency, highlighting a potential shift in the party’s stance on digital assets. What Happened: Her nuanced position marks a departure from the Biden administration's...

U.S. Securities and Exchange Commission Chair Gary Gensler emphasized the critical need for investor protection in the crypto industry, stating that the sector will struggle to survive without it. He also reaffirmed that Bitcoin is not classified as a security, marking a significant point of...

Rep. Maxine Waters (D-Calif.), a key Democrat and influential voice in the House Financial Services Committee, has been a vocal critic of the crypto sector over the past two years. What Happened: In an interview with Punchbowl News, Waters now acknowledged a shift in her perspective on the industry...

Anthony Scaramucci, the founder of SkyBridge Capital and prominent cryptocurrency advocate, has publicly called for the resignation of SEC Chair Gary Gensler. What Happened: In a tweet posted on Thursday, Scaramucci stated bluntly, "Gary Gensler please resign for the sake of the country." This...

Caroline Ellison, the former CEO of Alameda Research and a central figure in the downfall of FTX, has been sentenced to 24 months in Manhattan federal court on Tuesday. What Happened: Once a trusted ally and romantic partner of FTX founder Sam Bankman-Fried, Ellison's cooperation with prosecutors...

Rep. Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, is pushing for a “grand bargain” on stablecoin legislation before the end of the year, aiming to resolve two years of debates in Washington over the regulatory framework for stablecoins. What Happened...

SEC Commissioner Hester Peirce on Tuesday admitted that the agency moved forward with regulatory actions against crypto entities despite being aware of potential legal issues. What Happened: “We knew ahead of time that there were legal questions about whether we have the authority to do what...

Republican lawmakers from both the Senate and House have called on the Securities and Exchange Commission (SEC) to retract a controversial accounting rule for cryptocurrency assets. What Happened: The rule, known as SAB 121, has become a point of contention in the ongoing regulatory debate around...

ConsenSys, the blockchain company behind Ethereum (CRYPTO: ETH) infrastructure projects like MetaMask, has faced a setback in its lawsuit against the U.S. Securities and Exchange Commission (SEC). What Happened: The company had initially sued the SEC for overreach, accusing the regulator of...

London-based fintech company Revolut, known for its cryptocurrency trading services, is reportedly planning to introduce its own stablecoin. What Happened: Quoting sources, Coindesk reported that Revolut, which secured a U.K. banking license in July and reached a valuation of $45 billion earlier...

In a formal letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, prominent Republican leaders, Tom Emmer (R-MN) and Patrick McHenry (R-NC), are pressing for clarity on the regulatory stance surrounding crypto airdrops. What Happened: The lawmakers argue that the SEC's current...

Former White House Communications Director and founder of SkyBridge Capital Anthony Scaramucci on Wednesday emphasized the need for bipartisan regulation of cryptocurrency in the U.S. What Happened: Scaramucci noted that former President Donald Trump, despite his prior negative stance on Bitcoin,...

Stablecoin issuer Tether (CRYPTO: USDT) Friday announced that it has appointed Jesse Spiro as its new Head of Government Affairs. What Happened: This move comes as the company continues to face regulatory challenges and scrutiny in the United States. Spiro, who previously served as Head of...