Regulation

Stablecoins are no longer just a niche interest within the cryptocurrency sector; they have burgeoned into a formidable component of the global financial landscape. With a staggering market capitalization now exceeding $225 billion, stablecoins have gained unprecedented traction, particularly when compared to their humble valuation of just $140 billion at the end of 2023. This
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The recent announcement from the Office of the Comptroller of the Currency (OCC) marks a watershed moment for the financial industry, particularly concerning blockchain technology and cryptocurrency. By allowing national banks to engage in crypto-related activities with fewer regulatory hurdles, the OCC has dismantled the restrictive frameworks that have historically stifled innovation in this space.
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In a remarkable pivot, Japan’s ruling Liberal Democratic Party (LDP) is set to transform its unpopular stance on cryptocurrencies, advocating for a drastic reduction in crypto tax rates. This initiative, announced by Akihisa Shiozaki, a notable member of Japan’s House of Representatives, signifies more than just a fiscal change; it represents a broader shift in
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In a refreshing development, Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), announced that her agency is collaborating with the Securities and Exchange Commission (SEC) on matters concerning cryptocurrency. This partnership was revealed during an event hosted by the Milken Institute, highlighting a significant shift in the regulatory narrative surrounding crypto
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In a bold move reflective of a larger sentiment within the cryptocurrency community, Coinbase has made a significant request for information regarding the financial expenditures of the Securities and Exchange Commission (SEC) under the chairmanship of Gary Gensler. This request, filed through the Freedom of Information Act (FOIA), seeks to unveil the costs associated with
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Tether, the issuer of the USDT stablecoin, is making headlines again. With the appointment of Simon McWilliams as the new Chief Financial Officer, the company claims to be recommitting to transparency by promising a comprehensive audit of its reserves. This announcement, while seemingly progressive, raises eyebrows amidst the lingering doubts that have surrounded Tether for
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