cryptocurrency regulation

Rep. Maxine Waters (D-Calif.), a key Democrat and ranking member of the House Financial Services Committee, reportedly plans to walk out of a joint hearing on cryptocurrency policy scheduled for Tuesday. What Happened: Waters intends to walk out with at least several Financial Services Democrats...

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, highlighted the improvements in regulation under President Donald Trump compared to the previous regime on Tuesday. What Happened: During an interaction at the Digital Asset Summit 2025, Scaramucci admitted that the current...

Editor’s Note: This story has been updated to include a comment from an FDIC spokesperson. Brian Armstrong, CEO of Coinbase, criticized the government’s overreach and lack of transparency amid the ongoing tussle between the cryptocurrency industry and regulatory bodies. What Happened:...

The state of Pennsylvania has passed legislation setting clear regulatory guidelines for cryptocurrencies, with bipartisan support. What Happened: The Pennsylvania House of Representatives gave the green light to House Bill-2481, also known as the Digital Assets Authorization Act, or more...

Vice President Kamala Harris‘s recent engagement with cryptocurrency has ignited widespread discussion. Her actions suggest a potential overhaul in U.S. financial policy regarding digital assets, stirring both scrutiny and optimism among industry leaders. Comments from influential figures...

Editor’s note: This story has been updated with comments from Binance. India’s Financial Intelligence Unit (FIU) has levied a fine of 188.2 million rupees ($2.25 million) on Binance, the world’s largest cryptocurrency exchange, for violating local anti-money laundering regulations...

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated that the approval process for the highly anticipated Ethereum (CRYPTO: ETH) spot ETF may be completed by the end of this summer. What Happened: “Individual issuers are still working through the registration...

The U.S. Securities and Exchange Commission (SEC) is requesting revisions to applications for Ether exchange-traded funds (ETFs), sparking optimism within the cryptocurrency industry, which had previously braced for rejection. What Happened: “The SEC must decide whether to approve...

New York Attorney General Letitia James on Monday announced a landmark settlement on Thursday, revealing that her office has secured $2 billion from Genesis Trading for defrauding investors. What Happened: This settlement, the largest against a cryptocurrency company in New York’s history,...

Crypto industry experts are calling for bipartisan support in the regulation of digital assets, emphasizing the need to work across party lines to establish sound crypto policies, as the U.S. Senate voted 60-38 on Thursday to overturn the contentious Securities and Exchange Commission (SEC) policy...

A crypto research firm on Monday predicted a low chance of Grayscale suing the SEC over a potential rejection of the Ethereum ETF application on May 23. What Happened: In fresh analysis, 10x Research highlighted the aftermath of the Ethereum (CRYPTO: ETH) Dencun upgrade and its impact on the market...

As political strategies crystallize ahead of the 2024 election, Hayden Adams, CEO of Uniswap (CRYPTO: UNI), has criticized the Biden administration for underestimating the political significance of cryptocurrency. What Happened: In a statement on Monday, Adams likened the administration’s...

Digital Currency Group (DCG), the investment firm behind industry giant Grayscale, reported a strong first quarter with overall revenue climbing 11% to $229 million. What Happened: This positive performance comes despite ongoing challenges faced by Grayscale’s flagship product, the Grayscale...

Pointing out the disproportionate amount of fraud and scams within the relatively small crypto sector compared to its size in the broader market, SEC chair Gary Gensler on Tuesday highlighted the agency's focus amid the market’s rapid expansion. What Happened: “We are seeing a $10...

Efforts to push through U.S. stablecoin legislation by attaching it to an unrelated Federal Aviation Administration reauthorization bill have been halted by legislative leaders. What Happened: The decision to seek a clean bill means the discussion between House Financial Services Committee Chair...