In an unprecedented move, President-elect Donald Trump is set to launch a “Crypto Advisory Council,” according to reports from sources familiar with the development. This announcement resonates deeply within the rapidly evolving cryptocurrency landscape, particularly given Bitcoin’s significant growth since its introduction in 2008. The creation of such a council signifies a potential shift in
Regulation
In a move that demonstrates a growing commitment to the burgeoning cryptocurrency sector, the UK government is preparing to roll out a comprehensive regulatory framework by early 2025. This announcement, made at the City & Financial Global Tokenisation Summit in London, reflects an eagerness to address the various challenges linked to the oversight of digital
With Donald Trump’s ascent to the presidency, the winds of change are blowing through the crypto landscape in the United States. The current focus among regulators is on reforming the frameworks governing cryptocurrencies, a much-needed action in light of the challenges posed by this rapidly evolving market. As discussions heat up, voices like SEC Commissioner
Polymarket, a pioneering entity in the realm of blockchain-based prediction markets, has recently faced scrutiny that underscores the intersection of innovation and regulation. As of November 22, 2023, reports indicate that access for users in France has been curtailed, amid ongoing investigations by the national gaming authority, L’Autorité Nationale des Jeux (ANJ). This situation exemplifies
In a notable appeal on November 22, the Blockchain Association, an influential coalition comprising over 100 firms in the cryptocurrency sector, addressed President-elect Donald Trump. Their letter urged immediate and decisive actions aimed at revitalizing the U.S. cryptocurrency landscape during the first 100 days of his presidency. The association’s proposals set forth a vision that
In a significant outreach initiative, the Blockchain Association, a notable nonprofit organization representing a myriad of cryptocurrency and blockchain enterprises across the United States, has urged the incoming Trump administration to prioritize certain key regulatory changes. In a pointed letter addressed to President-elect Donald Trump and members of Congress, Blockchain Association CEO Kristin Smith articulated
In a pivotal ruling that resonates throughout the cryptocurrency landscape, a federal court has invalidated the Securities and Exchange Commission’s (SEC) dealer rule, marking a significant challenge to the agency’s regulatory authority. On November 21, the US District Court for the Northern District of Texas found that the SEC indeed exceeded its statutory powers, declaring
Gary Gensler’s tenure as the Chairman of the U.S. Securities and Exchange Commission (SEC) has been notable, marked by a fervent engagement with emerging financial technologies and a commitment to investor protection. Announcing his resignation effective January 20, 2025, the day President-elect Donald Trump assumes office, Gensler reflected on the honor of leading a “remarkable
As the landscape of cryptocurrency continues to evolve, the imminent appointment of a Crypto Czar represents a pivotal moment for regulatory frameworks in the United States. Chris Giancarlo, the former chair of the Commodity Futures Trading Commission (CFTC), has emerged as the leading candidate for this new role, often dubbed by many as “Crypto Dad.”
In recent years, the UK has witnessed a remarkable surge in interest surrounding digital assets. This increasing popularity has paved the way for innovative financial instruments that cater to the demands of a modern economy. Among these innovations is the anticipated launch of the GBPA, a stablecoin pegged to the British pound sterling. Developed by
