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...
SEC Chair Paul Atkins has promised to make the agency’s approach to cryptocurrency regulation radically different. He guarantees that he will transition to formal policymaking rather than use ad-hoc enforcement actions. Atkins’ stated priorities as Chairman include encouraging innovation and protecting investors. He provides a rhetorical echo of President Donald...
What new SEC Chair Paul Atkins has in mind is nothing short of a revolution – a simple yet bold US crypto asset policy modernization. His commitment? To stop regulation by enforcement and bring in an age of clear, observable rulemaking. It sounds fantastic, doesn't it? Almost as good feeling...
The Securities and Exchange Commission (SEC) has been under fire for its regulatory approach to the cryptocurrency space. Critics call its approach to enforcement “regulation by enforcement.” SEC Commissioner Hester Peirce, better known as “Crypto Mom,” has been calling for a more sensible and visionary regulatory approach. She is not...
The UK’s Financial Conduct Authority (FCA) is currently consulting with the public so as to inform their future regulation of cryptoasset trading platforms. This is a crucial opportunity for individuals and businesses involved in the crypto space to shape the regulatory landscape and influence how these innovative technologies are governed...
The SEC dropped its appeal against Ripple? Color me skeptical. I mean, I know Ripple’s CLO is uncorking the champagne and declaring it a day of victory, but why? Or is the SEC making a smart tactical withdrawal? Perhaps they are pulling back, retrenching and remobilizing to come at them...
FinTech executives are warning that the U.K. risks falling behind in the burgeoning crypto industry due to its cautious regulatory approach. While the U.S. embraces a more pro-crypto stance under President Donald Trump, and other countries actively pursue industry-friendly reforms, the U.K. is perceived to be prioritizing safety over innovation,...
First, SEC Commissioner Hester Peirce raised alarm around the lack of clarity in existing crypto regulation in the US. Peirce recommended that the SEC issue clear rules around custodianship and classifications of assets for crypto assets. How else are we to find long-term and protect growth of the U.S. crypto...
The crypto market is a wild beast, perhaps the most lucrative in terms of potential eye watering gains but among the deadliest. Attracting a community is the first step to any cryptocurrency making giant strides in the years to come. Through looking at existing trends, unique pioneering projects, and a...
The Consumer Financial Protection Bureau (CFPB) is poised to decrease its involvement in cryptocurrency regulation, signaling a notable shift in the oversight of digital assets in the United States. Other federal agencies and state regulators are beginning to follow suit. They will be entrusted with more responsibility in the cryptocurrency...
