World Liberty Financial's (WLF) recent unveiling of its USD1 stablecoin has sparked considerable discussion and raised regulatory questions, largely due to former President Donald Trump's connection to the project. That’s a big deal because 127,971,165 tokens are already in circulation. USD1 is on a mission to stake its claim to...
Donald Trump’s unexpected crypto rebirth has the entire internet abuzz — and to be clear, it absolutely should. While Wall Street might be seeing dollar signs, I’m looking at this from a different angle: what does this mean for the emerging artists and creators in Southeast Asia who are increasingly...
The SEC is once again under the sway of the Trump flame. Just as alarming is its partnership with crypto companies linked to such ties to the former president. Regulatory reset, or stepping into the abyss? Industry insiders widely supported it as a significant course correction after what they considered...
To be fair, let’s admit, the NFT space has been an up and down adventure. We've seen the hype, the outrageous prices, and frankly, a lot of…well, let's call it disposable blockchain content. Underneath the noise, something significant is brewing: the slow but steady legitimization of NFT art. With that...
The CloneX incident – where digital art linked to valuable NFTs briefly vanished, replaced by a stark error message – isn't just a tech snafu. It's a flashing red light screaming: "We need NFT regulation, now."Centralization Kills Decentralization Dream?Think about how you would purchase a home. Then poof – the...
Senator Dave McCormick. The name would confer power and prestige, an all-seeing, all-knowing protector of our economic destiny. Instead, it's sparking a question that chills the blood: are we witnessing the legalized corruption of crypto regulation?McCormick sits on the Senate Banking Committee's digital assets subcommittee, a key player in shaping...
Senator Dave McCormick follows suit with a $10 million investment in Bitcoin. In March, he bought up to $700,000—or as little as $310,000—of the Bitwise Bitcoin ETF. This development comes as concern mounts and demands for robust federal cryptocurrency regulation increase across a range of stakeholders. It’s a fascinating crossroads...
The Security and Exchange Commission (SEC) has recently charged Jonathan Palafox, the founder of PGI Global. He is accused of operating a purportedly cryptocurrency and forex trading fraud that defrauded investors. Phase 1 of the scheme ran from January 2020 until October 2021. It purportedly used the money from newer...
The SEC’s Crypto Task Force is investigating cross-border regulation with a collaboration deal with El Salvador. El Salvador’s National Commission of Digital Assets (CNAD) has already established collaborations with a U.S.-based real estate broker and a Salvadoran tokenization firm. Together, they’re pioneering a groundbreaking new initiative. This innovative partnership aims...
The SEC’s joint work with El Salvador on crypto “regulatory sandboxes” is frankly kind of fishy. Two pilot programs, totaling less than $10,000 combined, to educate the SEC’s new Crypto Task Force on digital assets? That’s less than what the average American pays for a used car of modest quality....
