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60-38 in the Senate voted in favour of overturning the SEC rule. Bipartisan support signals a potential shift in crypto regulation. Presidential veto possible. In a landmark decision, the US Senate has voted to overturn a key Securities and Exchange Commission (SEC) rule that barred regulated financial firms from holding Bitcoin and other cryptocurrencies. The […]
UK police now have powers to seize, freeze or destroy criminal crypto holdings. It follows new legislation that comes into effect today, April 26, 2024. Reforms to help UK’s national security, said Home Secretary James Cleverly. Law enforcement officials in the United Kingdom can now seize, freeze or destroy crypto assets deemed to be illicit […]
Barclays, Lloyds, and Citi banks experimenting with tokenised deposits. The trial aims to explore digital banking potential amidst the uncertain future of ‘Britcoin’. BIS’s Agora project and UK government support reflect the global push for advanced financial systems. In a bid to explore innovative financial technologies, three major British banks — Barclays, Lloyds Banking Group, […]
In court on Monday, prosecutors and defense teased upcoming testimony from Mango’s founder, Dafydd Durairaj. He spoke with a ransomware negotiator for assistance in the wake of Eisenberg’s trade, prosecutors said. This fact, they argued, could help the jury understand that Durairaj did not view the negotiations as an “arm’s-length” deal between two parties, but […]
The cryptocurrency market continues to evolve rapidly, offering a vast selection of digital assets for investors of all stripes. Whether you’re a seasoned crypto enthusiast or a curious newcomer, navigating this ever-expanding landscape can be daunting. Here we delve into April’s hottest cryptocurrencies: Dogecoin (DOGE), Cardano (ADA), and the rebellious newcomer, Rebel Satoshi. Dogecoin (DOGE): […]
ENA, the native token of Ethena Labs, surged by 15% on Monday following the announcement of “season 2,” which includes a 50% increase in rewards for some users. Source link
BlackRock’s spot Bitcoin ETF (IBIT) is near $20 billion in assets, currently in top 3% among all ETFs. IBIT and FBTC have recorded 59 days of inflows – a streak that puts the two among top 20 ETFs. Meanwhile, Bitcoin price could hit a new all-time high amid spot ETF and halving sentiment. BlackRock’s spot […]
While Senators weigh the merits of Adeyemo’s important testimony, they should also weigh the consequences of more than five years of U.S. policy inaction in regulating the very wayward corners of the crypto industry that pose the greatest threats to consumers, markets and, indeed, national security. U.S. policymakers and regulators, from Treasury Secretary Janet Yellen, […]
Toncoin (TON) price rose more than 17% to hit a new all-time high TON reached highs of $6.27 on Monday as Bitcoin jumped above $72,000. Can TON hit $10 this week? Toncoin (TON) is one of the altcoins to post huge gains on Monday as the cryptocurrency market savoured Bitcoin’s swift surge to above $72,000. […]
The supply of Tether’s USDT and Circle’s USDC – the two largest stablecoins – expanded by nearly $10 billion combined over the past 30 days, 10x Research pointed out. Meanwhile, the supply of MakerDAO’s DAI and Hong Kong-based First Digital’s FDUSD, the third and fourth largest stablecoins, also expanded by 5%-10% in this period, CoinGecko […]