US banks risk $6.6trn deposit flight under the GENIUS Act
The GENIUS Act will drive a mass shift of deposits from banks into higher-yielding stablecoins, says Multicoin Capital co-founder Tushar Jain.
US banks risk $6.6trn deposit flight under the GENIUS Act
The GENIUS Act will drive a mass shift of deposits from banks into higher-yielding stablecoins, says Multicoin Capital co-founder Tushar Jain.
UK Plans to Introduce Digital Identity System
The British government has announced the introduction of a national digital identity system. However, the initiative has been met with public disapproval, gathering over 2.7 million signatures for a petition.
SEC Chair Prioritises Cryptocurrency Regulation
Regulating the cryptocurrency market is evidently the "number one task" for the SEC, stated the agency's chairman, Paul Atkins, to journalists on the sidelines of a roundtable with the CFTC, reports CoinDesk.
What a US government shutdown would mean for crypto
The probability of a US government shutdown from October 1 has risen to 84% on Polymarket. Analysts warn the threat poses risks for the cryptocurrency market.
SEC Excludes DePIN Tokens from Its Oversight
DePIN tokens are not considered securities and thus fall outside the SEC's oversight, as stated in a letter from the regulator addressed to the DoubleZero project.
Poland Moves to Tighten Cryptocurrency Regulations
The Polish Sejm has approved the "Crypto Asset Market Act," introducing industry regulations. The document has been sent to the Senate for consideration.
Trustee Plus Responds to National Bank of Ukraine’s P2P Operation Concerns
The National Bank of Ukraine has prohibited Trustee Global UAB, the operator of the cryptocurrency wallet Trustee Plus, from providing financial payment services in the country without the necessary license for such activities. What Happened? Upon analysis, the regulator discovered instances of access being provided to a P2P platform and euro transfers between users without account opening. Such activities, under the Financial Services Act, require authorization from the National Bank, which the company lacked.
EU Ministers Agree on Digital Euro Framework
Finance ministers from EU countries have reached a compromise on key aspects of the digital euro. The project is positioned as a strategic alternative to payment systems like Visa and Mastercard.
Binance Executive Comments on Amendments to Ukraine’s Crypto Bill
Kirill Khomyakov, Head of Regional Markets for Binance in the CIS, Central and Eastern Europe, and Africa, discussed the proposed amendments to Ukraine's cryptocurrency regulation bill.
SEC Simplifies Listing Procedure for Crypto ETFs
The U.S. SEC approved general listing standards, reducing the review period for crypto ETF applications from 240 to 70 days.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.