Tag: blockchain

NY AG Calls for Crypto Regulation: Will Congress Answer?

NY AG Calls for Crypto Regulation: Will Congress Answer?

• Facts

The cryptocurrency space is a vast, untamed, digital frontier full of promise and danger. New York Attorney General Letitia James is threatening to hold the state accountable. She calls on Congress to be bold and to provide accountability in this fledgling industry. Her plea for a federal framework underscores a...

Is the SEC's Crypto Crackdown Finally Crumbling? Here's What's Next

Is the SEC's Crypto Crackdown Finally Crumbling? Here's What's Next

• Commentary

The news out of Kentucky runs far deeper than a procedural pause. The lawsuit, which was brought by a bipartisan coalition of 18 state attorneys general, had been temporarily halted by a federal judge under the SEC’s motion. Ostensibly, it’s a temporary pause to test the waters. Stop the litigation,...

SEC Crypto Lawsuit PAUSED: New Leadership Signals Change?

SEC Crypto Lawsuit PAUSED: New Leadership Signals Change?

• Facts

A federal judge has temporarily stopped one of the most significant lawsuits in years against the U.S. Securities and Exchange Commission (SEC). This development has led to much speculation regarding potential shifts in the regulatory environment surrounding cryptocurrencies. A coalition of 18 state attorneys general and the newly formed DeFi...

Crypto Regulation: Will AG James' Push Crush Southeast Asian Artists?

Crypto Regulation: Will AG James' Push Crush Southeast Asian Artists?

• Commentary

I get it. Headlines scream at us about billions in losses to crypto scams. Celsius ripped off thousands, including New Yorkers. But I can't shake this feeling: are we about to throw the baby out with the bathwater? And even more importantly, aren’t we ignoring whose baby it is in...

AG James' Crypto Call: Is This the Regulation Web3 Needs?

AG James' Crypto Call: Is This the Regulation Web3 Needs?

• Commentary

AG James is right. It’s time for Congress to stop looking the other way on the crypto Wild West. The Celsius debacle, in which 26,000 New Yorkers alone lost a shocking $440 million, is just one painful example. Another $12 billion disappeared down the crypto fraud rabbit hole last year....

Binance Wallet + ChainGPT: AI Supercharges Web3 for 100M+ Users

Binance Wallet + ChainGPT: AI Supercharges Web3 for 100M+ Users

• Facts

ChainGPT’s market-leading artificial intelligence (AI) tools will revolutionize the Web3 experience and beyond. This exciting integration will greatly benefit Binance Wallet’s more than 100 million users. This collaboration creates a secure and user-friendly gateway for managing digital assets, creating on-chain content, and participating in Web3 projects. Through this new partnership,...

Crypto's New Dawn: How Regulation Empowers Southeast Asian SMEs

Crypto's New Dawn: How Regulation Empowers Southeast Asian SMEs

• Commentary

Tell us which of these innovations you’re most excited about… Isn’t it maddening to watch how legacy financial systems continuously underestimate the power of Southeast Asian SMEs?… They are the backbone of the region’s economy. Instead, they’re usually bogged down by inconvenient things such as bureaucracy, exorbitant percentage transaction fees,...

MiCA's Triumph or Trap? The Truth About Crypto Regulation's Impact

MiCA's Triumph or Trap? The Truth About Crypto Regulation's Impact

• Commentary

We're told MiCA is a victory. A landmark. A victory, indeed, though perhaps a surprising one as Ekmel Çilingir, Chairman of EMBank’s Supervisory Board, would have you think. Volumes up, stablecoins flowing, fintechs supposedly empowered. But before we uncork the champagne, let's ask a crucial question: Does Regulation Truly Set...

EMBank Chairman Cilingir Highlights MiCA's Early Success and US Crypto Policy Shift

EMBank Chairman Cilingir Highlights MiCA's Early Success and US Crypto Policy Shift

• Regulation

Ekmel Cilingir, Chairman of the Supervisory Board of European Merchant Bank (EMBank), has released an article examining the evolving landscape of cryptocurrency regulation in the U.S. and the European Union. Based in Vilnius, Lithuania, Cilingir's LinkedIn Pulse article, titled "Crypto Going Legit: New Direction in the US, MiCA's Early Success,...

Crypto Regulation: Fintechs & SMEs' New Playground? Cilingir Says

Crypto Regulation: Fintechs & SMEs' New Playground? Cilingir Says

• Facts

Emerging crypto regulations will undoubtedly impact how fintechs and SMEs interact with the digital asset space. At the forefront of this change is the EU’s Markets in Crypto-Assets (MiCA) framework. Though these final regulations create a host of new compliance challenges, they create new avenues for growth and innovation. Our...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

ProCap's Billion-Dollar Bitcoin Bet: Genius Move or Regulatory Minefield?

ProCap’s billion-dollar Bitcoin play, made possible by taking the company public through a SPAC merger with Columbus Circle Capital, is nothing if not audacious. It's a statement. A great big middle finger, I suppose, to the established financial universe. Anthony Pompaliano, Bitcoin bull and crypto entrepreneur. He is taking a...

5 Ways MiCA Fuels Europe's Crypto Art Boom While US Stalls

Let’s face it, the crypto art world is booming. It’s a great sign that digital artists are getting their long-overdue recognition. They are establishing tangible careers, reaching audiences across the world in ways we could have never fathomed just years ago. Here's the thing: that explosion is happening much faster...

Crypto Confidence Scams: $225M Seized! Are You at Risk?

The crypto space is teeming with both innovation and opportunity. It obscures terrible risks, chief among them being confidence scams. Just last week, the U.S. government seized another $225 million in cryptocurrency. This is the largest-ever seizure of funds stolen through so-called “pig butchering” scams. In this article, we’ll look...

U.S. Attorney Aims to Recover Millions Lost in Crypto ‘Confidence Scams’

The U.S. Attorney’s Office recently filed a civil action targeting cryptocurrency investment fraud, seeking to recover funds lost by dozens of victims across the country. U.S. Attorney Jeanine Ferris Pirro joined other officials in announcing the dramatic action. This action comes in response to more than $225.3 million connected to...

Trump's Crypto Promises Ring Hollow As MiCA Steals The Show

Donald Trump speeding into the crypto lane now has all the makings of a not-so-subtle, last ditch effort to grab votes. He's saying all the right things, promising a crypto-friendly environment, but forgive me if I don't exactly rush out to buy a "Trump Coin" just yet. Words are cheap....

Coinbase Goes EU-Wide: MiCA License Secured in Luxembourg!

Coinbase has received an official Markets in Crypto-Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This pivotal move allows the cryptocurrency exchange to extend its services across all 27 member states of the European Union, potentially reaching a market of 450 million people. This license puts...