During a recent Crypto4Harris event, Senate Majority Leader Chuck Schumer and other prominent Democrats expressed their unwavering support for the crypto industry. Schumer stressed the importance of regulatory clarity as a key factor in shaping the future of the industry. He emphasized the need for bipartisan collaboration in enacting common-sense regulations for crypto, highlighting his
Regulation
Gemini co-founder Tyler Winklevoss recently took to X to express his disapproval of Vice President Kamala Harris’ supposed “reset” of her crypto stance, labeling it as a “scam”. This critique follows Winklevoss’ previous criticism of Harris for skipping a roundtable discussion with crypto leaders. In his post, Winklevoss specifically pointed out the Federal Reserve’s enforcement
OKX CEO Star Xu has issued a warning to users regarding the potential risks of interacting with the sanctioned crypto mixer Tornado Cash. In a statement made on August 9 through the social media platform X, Xu highlighted that deposits from sanctioned entities such as Garantex and Tornado Cash, as well as withdrawals to these
The long-anticipated addition of options features to Bitcoin exchange-traded funds (ETFs) in the United States is likely to occur in the fourth quarter, according to Bloomberg ETF analyst James Seyffart. However, Seyffart also mentioned the possibility of this development taking place as early as the third quarter, with a final decision from the US Securities
After four years of legal battles with the US Securities and Exchange Commission (SEC), Ripple has finally been hit with a $125 million fine by the court. This news caused XRP’s price to surge by 18% within minutes of the announcement, reaching $0.61 at the time of reporting based on CryptoSlate data. District Judge Analisa
The Bahamas Securities Commission recently announced the passing of the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), marking a significant step towards providing regulatory clarity for the country’s digital assets industry. This move comes nearly two years after the collapse of FTX, a major player in the industry. Christina Rolle, the executive director
Jonathan Mann and Brian L. Frye, both well-known figures in the digital art world, have recently filed a lawsuit against the US Securities and Exchange Commission (SEC) regarding the classification of NFTs as securities. This case has sparked a heated debate within the art community about the implications of treating digital art as traditional investments.
Goldman Sachs CEO David Solomon recently shared his views on Bitcoin, stating that it could potentially serve as a store of value similar to gold. While Solomon has never been a vocal critic of Bitcoin, he still maintains a cautious approach towards the cryptocurrency. He regards Bitcoin as a speculative investment with no clear use
The recent letter penned by a group of Democrat politicians to the Democratic National Committee (DNC) urging a shift away from anti-crypto policies marks a significant moment in the party’s approach towards digital assets and blockchain technology. The letter underscores the importance of adopting a forward-looking approach in order to harness the immense potential that
President Donald J. Trump has recently made bold statements regarding his vision to make the US a prominent player in the world of cryptocurrency, particularly Bitcoin. He has vowed to maintain the US’s lead over competitors such as China by instituting new policies that support the growth and adoption of Bitcoin. Protecting Bitcoin Holdings One
