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Browsing Category
Regulations
Senate Banking Chairman Tim Scott predicts up to 18 Democrats to break ranks on sweeping crypto law
Senate Banking Committee Chairman Tim Scott reportedly predicts that 12 to 18 Democrats will support comprehensive crypto market structure legislation.According to Aug. 19 reports, Scott is conducting individual meetings with Democratic…
Wyoming launches FRNT, the first US state-issued stablecoin
Wyoming has introduced the Frontier Stable Token (FRNT), the first stablecoin created and issued by a US government entity, according to an Aug. 19 announcement.Formerly called the Wyoming Stable Token (WYST), FRNT aims to deliver fast,…
Trump blasted for ‘bro’ culture as Illinois Governor enacts tough crypto rules shaking…
Illinois Governor JB Pritzker criticized President Donald Trump for allowing crypto insiders to shape federal policy, saying the approach puts investors at risk.In an Aug. 18 post on X, Pritzker contrasted Trump’s approach to his state’s…
SEC delays decisions on several crypto ETFs amid work on streamlined approval process
The Securities and Exchange Commission (SEC) delayed decisions on nine crypto exchange-traded fund (ETF) applications on Aug. 18.The delays extended review periods for products related to digital assets, spanning Bitcoin, XRP, Litecoin,…
Fed integrates crypto banking oversight into standard regulatory processes, ends additional scrutiny
The Federal Reserve (Fed) announced it will shut down its program with additional scrutiny over crypto and fintech activities.On an August 15 statement, the central bank said it will sunset the Novel Activities Supervision Program and…
Crypto executives urge Donald Trump to stop new bank fees
Over 80 executives from leading crypto and fintech companies, including Gemini, Andreessen Horowitz, Paradigm, and Kraken, have called on US President Donald Trump to block new bank-imposed fees for accessing consumer financial data.In an…
New York considers taxing crypto to support upstate schools
Lawmakers in New York are considering a bill that would impose a tax on digital asset transactions.The proposal, introduced in the state’s Assembly on Aug. 13, seeks to apply a 0.2% excise tax on the sale or transfer of digital assets like…
Hong Kong regulators warn against hype-driven stablecoin market swings
Hong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied to speculation, corporate announcements, and unverified claims about licensing plans…
Canary Capital register TRUMP memecoin ETF in Delaware in latest altcoin bet
Canary Capital has registered a Trump Coin ETF in Delaware, a move that signals plans to launch a spot exchange-traded fund (ETF) tracking the memecoin.The entity, “Canary Trump Coin ETF,” was incorporated on Aug. 13, according to state…
Google Play Store bans crypto wallets in 15 jurisdictions, requires new licensing compliance
Google Play Store introduced licensing requirements for cryptocurrency wallet applications across 15 jurisdictions, including the US and the EU.According to a report by the Rage, developers must obtain regulatory approvals before…
