Tag: industry

Crypto Industry Navigates Regulatory Minefield as Trump Memecoin Dinner Sparks Controversy

Crypto Industry Navigates Regulatory Minefield as Trump Memecoin Dinner Sparks Controversy

• Regulation

Cryptocurrency firms are still trying to navigate unclear regulatory standards. A memecoin dinner invitation extended to Trump backers has stirred up political ire in Washington. Investment advisers are struggling to know which of the thousands of cryptocurrency assets are securities, which is causing real harm and confusion in the marketplace....

Web3 Talent Demand Surges Amidst Industry Evolution

Web3 Talent Demand Surges Amidst Industry Evolution

• Web3 Projects

Web3 has seen a meteoric rise over the last ten years. In the process, it has evolved from a specialized idea into an undeniable force in the online world. This fast-paced development has given rise to new global phenomena, disrupting entire industries and sparking new opportunities. As Web3 continues to...

Further Reading

SEC Chair Vows to Overhaul Crypto Regulations, End "Regulation by Enforcement"

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...

BlackRock and SEC Discuss Crypto Regulations, Tokenization, and Staking

BlackRock, the asset management giant overseeing over $11 trillion, recently engaged with the U.S. Securities and Exchange Commission (SEC) to discuss critical aspects of cryptocurrency market regulation. Priorities discussed at the meeting - Crypto staking - The tokenization of assets - Exchange-traded product (ETP) approval standards This further highlights BlackRock’s...

UK Unveils Comprehensive Crypto Regulation Plan

Meanwhile, the United Kingdom is laying the groundwork for a far-reaching crypto regulatory regime, positioning themselves to reclaim the initiative and emerge as a leader in digital finance. UK officials are developing a detailed framework that will subject crypto firms to the same stringent standards as traditional financial institutions. The...

BlackRock Consults SEC on Crypto ETP Compliance

BlackRock engaged with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9th to seek clarification on cryptocurrency regulations. The main topics of the conversation were tokenization, staking, and the approval process for exchange-traded products (ETPs). This meeting is a testament to BlackRock’s forward-thinking strategy to adapt...

Dubai to Host Global Crypto Leaders at HODL 2025 Summit

HODL 2025 is set to convene more than 5,000 international leaders, investors, and innovators in Dubai. They’ll meet with world-class experts to learn about the latest developments in decentralized finance (DeFi), asset tokenization and AI-powered blockchain infrastructure. The 30 th edition of the summit, hosted by event organizers Trescon, marks...

Illinois' Proposed Digital Asset Law Threatens Tech Innovation

A bills pending in Illinois – the Digital Asset Custody & Protection Act (DACPA) – has raised quite the furor. People are alarmed over its potential impact on the state’s burgeoning tech ecosystem. The bill, intended to regulate digital assets, could impose significant costs and compliance burdens on Illinois-based startups...

BlackRock Discusses Crypto ETPs and Tokenization with SEC

During this period, BlackRock was deeply involved in working with the SEC Crypto Task Force to promote the approval of crypto Exchange Traded Products (ETPs) and tokenization. They provided profound guidance on technical aspects, current workflows, and integrating staking functionalities in ETPs. The conversations follow up on an earlier session...