Tag: Cryptocurrency Regulation
El Salvador’s Bitcoin Law Faces Changes in New IMF Deal
El Salvador's Bitcoin Law Faces Changes in New IMF DealEl Salvador is set to make changes to its groundbreaking Bitcoin law as part of a new deal with the International Monetary Fund (IMF). The...
Meta’s Stablecoin Project Criticized as ‘Political Kill’ by Former Diem Co-Founder
Meta's Stablecoin Project Faces Political BacklashIn a shocking revelation, former Diem co-founder David Marcus has labeled Meta's stablecoin project as a 'political kill'. The project, originally launched as Libra in 2019, faced insurmountable political...
Gary Gensler Departure Sparks Mixed Reactions
SEC Chair Gary Gensler recently made some bold statements about cryptocurrencies during a speech at NYU School of Law. Known for his cautious approach, Gensler surprised many with his candid remarks. He expressed skepticism...
Senate Democrats Prepare for Battle to Pass Stablecoin Regulation Bill
The U.S. Senate is gearing up for another shot at passing some stablecoin legislation, and this could be a big deal for the crypto world. It's May 19, 2025, 9:12 p.m., and tensions are...
Germany Sells Majority of Bitcoin Holdings, Holding Less Than 5K Tokens
The German state of Saxony has been selling off its bitcoin holdings at a rapid pace, with another batch of confiscated assets being moved to various crypto exchanges and brokers on Thursday. According to...
Crypto Regulation: SEC Chair Gary Gensler’s Views on Cryptocurrency as Currency
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently shared his views on cryptocurrency during an event at NYU School of Law in Manhattan. Gensler expressed skepticism about the idea of bitcoin or...
Risks of Stablecoins: FSOC Urges Legislative Action for Enhanced Oversight
The Financial Stability Oversight Council (FSOC) has sounded the alarm on the potential risks posed by stablecoins, urging immediate legislative action to bolster oversight and regulation. In its 2024 annual report, the FSOC highlighted...
Bitcoin Hashrate Reaches Record High with Publicly-Listed Miners’ Dominance
The bitcoin network has seen a significant increase in hashrate, surpassing 700 EH/s for the first time. This marks a 6% growth in the past week, indicating a strong uptrend in mining activity. Hashrate...
Circle’s USDC Becomes First Regulated Stablecoin in Canada
Circle's USDC Becomes First Regulated Stablecoin in CanadaIn a groundbreaking move, stablecoin issuer Circle has announced that its $40 billion USDC stablecoin has become the first regulated stablecoin in Canada. This development comes amidst...
Crypto Hearing in U.S. House Disrupted by Democrat Revolt
Democrats in the U.S. House of Representatives totally ditched a joint hearing on crypto policy on Tuesday. They were like, "Nah, we're gonna talk about Trump's 'crypto corruption' instead." Maxine Waters, the top Democrat...
