regulation | ForkLog

ForkLog 38 14.02.2025

Coinbase’s Q4 trading volume jumped 2.4x

Crypto trading volumes at Coinbase rose 137% in October–December; at online broker Robinhood, 393%. Drivers included hopes for friendlier regulation after Donald Trump’s victory. Trading volume on Coinbase in October–December surged to $439bn from $185bn in the prior quarter. Earnings per share came in at $4.31, 2.6 times the $1.81 consensus, according to Reuters. Data: […]

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ForkLog 5 14.02.2025

Tether CEO Challenges JPMorgan’s US Regulatory Analysis

Tether is confident in its “simple” adaptation to US stablecoin regulations and disagrees with JPMorgan analysts’ conclusions about the need to sell bitcoins. This was stated by USDT issuer’s CEO Paolo Ardoino to The Block. On February 13, bank specialists claimed that the company would face the necessity of selling bitcoins to comply with US […]

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ForkLog 10 13.02.2025

JPMorgan Outlines Conditions for Tether’s Compliance with US Regulations

Tether may need to sell its Bitcoin holdings to comply with proposed US stablecoin regulations, according to JPMorgan, as reported by The Block. Analysts estimate that only 66%-83% of USDT reserves meet the requirements. Data: JPMorgan. Data: JPMorgan. The experts’ conclusions are based on the proposed Stablecoin Transparency and Accountability for Better Economic Spreadsheet (STABLE) […]

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ForkLog 20 13.02.2025

Donald Trump Recommends Former Bitfury Lawyer for OCC Leadership

U.S. President Donald Trump has nominated Jonathan Gould to head the OCC at the U.S. Treasury. Previously, he served as the chief counsel of the agency and CLO at Bitfury, reports The Block. According to Ron Hammond of the Blockchain Association, if confirmed, this appointment could simplify the creation of a regulatory framework for cryptocurrencies. […]

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ForkLog 8 13.02.2025

VanEck Predicts US States to Acquire $23.5 Billion in Bitcoin

The adoption of state-level strategic bitcoin reserve (SBR) bills could generate additional demand for digital gold amounting to 242,787 BTC ($23.5 billion), according to calculations by VanEck. We analyzed 20 state-level Bitcoin reserve bills.If enacted, they could drive $23 billion in buying, or 247k BTC. This sum is independent of any pension fund allocations, likely […]

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ForkLog 11 12.02.2025

Avalon Labs Plans Bitcoin-Backed Debt ETF Launch

The Bitcoin-based DeFi project Avalon Labs is considering filing an application with the SEC to create the industry’s first ETF backed by digital gold debt. Avalon Labs: Opening the Door for Massive Adoption of Bitcoin-Backed Products Avalon is on a mission to bring Bitcoin-backed financial products to both crypto and non-crypto users alike. Bitcoin, the […]

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ForkLog 19 12.02.2025

Central Banks Show Waning Interest in CBDCs, Researchers Find

The proportion of central banks reporting diminished interest in issuing national digital currencies (CBDCs) has risen from zero in 2022 to 15%, according to findings by OMFIF. The study also revealed a decline in the number of central banks eager to issue CBDCs — from 38% to 18%. Data: OMFIF. The sample comprised responses from […]

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ForkLog 9 12.02.2025

Hester Peirce: Many Meme Coins Likely Beyond SEC’s Reach

Most meme tokens likely fall outside the jurisdiction of the SEC, stated Commissioner Hester Peirce in an interview with Bloomberg. The host’s question concerned potential challenges for the Commission posed by official tokens of current President Donald Trump (TRUMP) and First Lady (MELANIA). Peirce noted the critical importance of determining the asset category: “Many people […]

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ForkLog 12 11.02.2025

Binance and SEC Seek Court Approval to Pause Proceedings

The largest cryptocurrency exchange, Binance, and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion to pause legal proceedings for 60 days. This comes amid the formation of a special task force on digital currencies within the agency and the prospect of legislative reforms. This was reported by Reuters. According to the […]

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ForkLog 25 11.02.2025

Experts See High Chances for Approval of ETFs Based on LTC, SOL, XRP, and DOGE

Following an analysis of applications for launching spot exchange-traded funds (ETFs), Bloomberg analysts noted a high probability of positive decisions “across the board.” Priority is given to products based on Litecoin, Dogecoin, Solana, and XRP. NEW: @EricBalchunas and I took a look at the filings for spot crypto ETFs. We’re putting out relatively high odds […]

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ForkLog 175 11.02.2025

Sam Altman Declines Elon Musk’s $97.4 Billion Offer for OpenAI

A group of investors led by Elon Musk proposed to acquire the controlling nonprofit organization of OpenAI for $97.4 billion, but the offer was declined. This was reported by WSJ, citing informed sources. no thank you but we will buy twitter for $9.74 billion if you want — Sam Altman (@sama) February 10, 2025 “Thank […]

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ForkLog 19 10.02.2025

Japan to Reassess Cryptocurrency Legislation

Japan’s Financial Services Agency (FSA) is set to review cryptocurrency legislation, considering the classification of digital assets as financial products “on par with securities.” This was reported by Nikkei. A special expert group within the FSA will analyze current regulations and present a reform plan by the end of June. The specialists also intend to […]

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