Kraken Does Not Consider Delisting Tether Ahead of EU’s MiCA Regulations
TL;DR Kraken’s Deliberation: Kraken clarified that it is not considering the removal of Tether (USDT) from the EU despite the upcoming MiCA regulations, which impose strict
Crypto regulations (Latest Publications)
US House of Representatives Nullifies SEC Guidance Preventing Banks From Owning Crypto, Biden Threatens Veto
TL;DR House Passes Bipartisan Bill: On May 8, the United States House of Representatives voted to pass a bipartisan bill, H.J. Res 109, which overturns the
Gary Gensler Continues to Show His Ignorance: “Crypto is an outsized piece of the scams, frauds, and problems”
TL;DR Gary Gensler criticizes the lack of transparency in the crypto market, showing ignorance about its benefits. It highlights the lack of required disclosures for investors
SEC Strikes Again: Sends a Wells Notice to Robinhood’s Crypto Business
TL;DR The SEC issued a Wells Notice to Robinhood Crypto, indicating possible enforcement action. The investigation focuses on Robinhood’s crypto operations, including listings, custody, and platform
US Senator Criticizes Biden Administration for ‘Criminalizing Core Tenants of the Bitcoin network’
TL;DR Senator Cynthia Lummis denounces the US Department of Justice’s restrictive stance on private cryptocurrency wallets. Lummis argues that the DOJ’s position contradicts Treasury guidance and
US Could Have a Stablecoin Bill “In the Short Run”: Here Are the Risks
TL;DR Impending Legislation: The U.S. Congress is close to passing a stablecoin bill, led by Representative Maxine Waters, to provide a legal framework for stablecoins, which
Blockchain Association and Crypto Freedom Alliance Fight Back Against SEC’s ‘Dealer Rule’ in Landmark Lawsuit
TL;DR The Blockchain Association and the Crypto Freedom Alliance of Texas sue the SEC over the expansion of the “Dealer Rule.” They argue that the rule
Cardano Founder Warns of the ‘True Cost of Regulation’ in the Crypto Space
TL;DR Charles Hoskinson, the founder of Cardano (ADA), expressed concerns about the current state of cryptocurrency regulation in the U.S., emphasizing that the restrictive regulatory approach is
Global Regulators Poised to Launch War Against Asset Tokenization. Financial Freedom Threatened Once Again
TL;DR IOSCO updates its Work Plan for 2024, focusing on AI, tokenization and credit swaps. New jobs are announced in areas such as green finance and
Watchdog Warns of Centralization in the EU Crypto Market. Is This True?
TL;DR ESMA’s warning about concentration in crypto trading reflects traditional financial institutions’ resistance to decentralization and financial freedom. Cryptocurrencies offer an alternative to the traditional financial
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