The Senate has passed the GENIUS Act by a vote of 68-30, marking a significant step toward regulating cryptocurrencies, particularly stablecoins. This bill aims to establish a regulatory framework for the burgeoning digital currency market, offering consumer safeguards and paving the way for traditional financial firms to enter the space....
On the other side of the Atlantic, Coinbase CEO Brian Armstrong wants it to be so competitive that it competes directly with the United States on the global crypto playing field. Armstrong and other industry leaders have cautioned that sluggish licensing procedures, funding obstacles, and ambiguous policies could compel UK-based...
The creation of the Cryptoassets Taskforce and the FCA’s move to regulate cryptoasset trading are positive developments. The goal of this action is to meaningfully convene the private sector to invest in innovative growth industries. The FCA is now seeking industry views on these proposed cryptoasset regulations through a new...
The lawsuit against Ripple Labs by the Securities and Exchange Commission (SEC), which started in December 2020. The SEC had sued Ripple Labs for unregistered securities offerings. This charge reaches top execs Bradley Garlinghouse and Christian Larsen for their role in selling XRP. This case has become a focal point...
The Senate has passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act, also known as the GENIUS Act, a bill designed to regulate stablecoins. This kind of cryptocurrency is usually backed one-to-one by the U.S. dollar. Among the bill’s many provisions are efforts to set up guardrails and...
Yesterday the Senate made a huge leap forward to regulating digital assets by passing the Guiding Emerging New Initiatives and Uniform Standards (GENIUS) Act. They did so overwhelmingly, supporting a bipartisan vote of 68-30. The bipartisan bill is backed by influential allies including Cynthia Lummis, R-Wyo. Next stop, the U.S.The...
The Moscow Exchange (MOEX) has begun to calculate and publish a Bitcoin index. If successful, this action may herald a seismic change in the Russian crypto-ecosystem. The daily index calculation, which began on June 10 and is conducted at 12:30 PM Moscow time, is seen as a move towards facilitating...
Vietnam’s legislative landscape is experiencing a remarkable shift with approval of the Law on Digital Technology Industry. This law is scheduled to go into effect on January 1, 2026. It embraces new and emerging crypto assets. It creates promising new incentives for industries of the future, including AI, semiconductors, and...
In May 2025, a big data breach rocked Coinbase, one of the biggest exchanges in the cryptocurrency ecosystem. This major breach exposed the personally identifiable information of nearly 70,000 customers. The breach revealed sensitive information that had been collected during the company’s Know Your Customer (KYC) process. This event raised...
Paradigm, a research-driven investment firm and Paradigm, a research-driven investment firm. They further emphasize the need for inclusivity within this regulatory framework. The UK’s ambition is to be a world-leading hub for digital asset innovation. They don’t want to stifle innovation, they want to increase productivity and create economic returns...
