Paolo Ardoino, CTO of Tether, has previously voiced grave concerns over the Markets in Crypto-Assets (MiCA) regulation. He thinks it would have a big impact on the stablecoins, in particular, Tether. Ardoino is adamant that following European law would result in severe and irreparable harm. He even goes so far...
Today the Securities and Exchange Commission (SEC) announced that it will no longer pursue its case against crypto promoter Ian Balina. This development marks another step away from large-scale enforcement actions against the crypto industry. This decision comes on the heels of a string of similarly adverse actions by the...
The United Kingdom is in danger of losing out in the race to establish itself as a global cryptocurrency centre, leading industry execs have told. Since last year, the UK government has pursued an agenda to make their country the home base for the crypto industry. Ambitious progress has largely...
The U.S. Senate is making a meaningful step toward addressing the regulation of stablecoins with the advancement of the GENIUS Act. This legislation represents a key opportunity to help set the right crypto regulatory framework to foster innovation and protect consumers. It establishes a strong global precedent on the oversight...
America’s digital asset industry has arrived at an important crossroads. It has to have robust tokenomics and smart regulation in order to foster innovation and establish investor trust. Each of these experts stressed the importance of compliance and strategic token design as key components. These three influential factors represent one...
U.S. Senator Dave McCormick (R-Pa.), who was elected to the Senate this past January, recently disclosed his substantial early investments in bitcoin. This disclosure has the government ethics community up in arms. Yet McCormick’s investments aren’t just striking — they’re perfectly in line with his role on the Senate Banking...
Now it is the turn of the UK Treasury to announce its plans to regulate the cryptocurrency industry. Their goal is to fold this new sector into the traditional banking regulatory framework. These blueprints include regulations on stablecoin issuance, as well as policies to curb market manipulation.The UK intends to...
The cryptocurrency landscape is ever-changing, with new projects and governmental regulation changing the landscape every day. combined the UK’s crypto regulation with the US’s crypto regulation. This transition is creating a second altcoin boom, creating thrilling chances for investors. All of these altcoins provide innovative solutions and features that make...
The United Kingdom has published draft legislation to create a new regulatory regime for digital assets. This decision underpins the Government’s commitment to make the UK the world’s leader in sustainable aviation. They are looking to assert control in the fast-growing digital assets space. Finance Minister Rachel Reeves is set...
The UK government going to introduce targeted and very specific rules for cryptoassets. Due to these regulations, investor confidence will be increased, growth will be stimulated, and consumers all over the United Kingdom will be protected. This new initiative is intended to promote economic growth by encouraging the responsible adoption...
