Finance
France, Austria, and Italy Push for Enhanced EU Regulation of Crypto Markets
Regulators advocate for stricter EU oversight to safeguard investors in the wake of diverse compliance with MiCA regulations.
Weekly Summary
Significant Developments in the Crypto Market This Week
This week saw notable price movements in cryptocurrencies, especially with Bitcoin and Dogecoin, amidst key regulatory shifts and institutional interest. The anticipation for upcoming U.S. inflation data and Federal Reserve decisions is shaping market sentiment.
Finance
SEC Chair Paul Atkins Highlights Vision for Future of Crypto Markets
Atkins outlines intentions for clearer regulations and the expansion of Project Crypto during a speech in Paris, stressing the importance of adapting to technological advancements.
Crypto News
Father of Crypto Legislation, French Hill, Advocates for Revisions in GENIUS Act
French Hill and Senator Cynthia Lummis are calling for amendments to the GENIUS Act in accordance with the upcoming market structure bill.
Finance
Leading U.S. Banking Authority Gould Acknowledges the Reality of Crypto Debanking
Jonathan Gould, head of the U.S. Office of the Comptroller of the Currency, is addressing the issue of crypto debanking alongside developing regulations for stablecoins.
Finance
Stripe’s Tempo Blockchain Represents a 'Referendum on Libra’s Legacy,' Warns Co-Creator
Christian Catalini expresses concerns that corporate-focused blockchains like Stripe’s Tempo may undo the ideals of decentralization championed by Libra.
Policy
SEC and CFTC Leaders Unite to Forge Future Regulatory Path
The chairs of the SEC and CFTC have announced a joint effort to streamline regulations affecting financial markets and crypto firms, underscoring their commitment to collaboration.
Policy
SEC Chairman Paul Atkins Reveals New Focus on Crypto Regulation
The U.S. Securities and Exchange Commission outlines a robust agenda for cryptocurrency regulations, prioritizing clarity for the market.
Policy
The CLARITY Act's Definition of 'Mature' Blockchains Lacks Key Aspects
Decentralization alone does not define a mature blockchain, according to insights from Algorand's Chief Strategy Officer.
Policy
CFTC Approves Polymarket's New Exchange, QCX
The Commodity Futures Trading Commission has allowed Polymarket's QCX acquisition to proceed without certain regulatory constraints.
Finance
U.S. Regulatory Bodies Unite to Facilitate Spot Crypto Trading
The SEC and CFTC have agreed to allow specific crypto assets to trade on registered platforms, aiming to streamline the regulatory framework amidst upcoming legislation.
Finance
CFTC Urges Foreign Crypto Firms to Return to U.S. Markets as Registered Boards of Trade
The Commodity Futures Trading Commission has reiterated that foreign crypto firms can register as foreign boards of trade to operate with U.S. customers.
Policy
U.S. CFTC Set to Reduce Its Commission to Just One Member
The U.S. Commodity Futures Trading Commission is about to have only one active member following the departure of Commissioner Kristin Johnson.
Weekly Summary
Crypto Markets React to Jackson Hole and Fed Announcements
This week saw significant fluctuations in cryptocurrency prices as traders reacted to Jerome Powell's comments and regulatory developments. Major cryptocurrencies like Bitcoin and Ethereum are facing scrutiny and fluctuations ahead of pivotal announcements.
Weekly Summary
Weekly Crypto Market Digest: Market Fluctuations and Institutional Movements
This week saw significant fluctuations in the cryptocurrency market, driven by anticipation surrounding Federal Reserve announcements and notable market events. Key assets like Bitcoin and Ethereum exhibited volatility as traders navigated through profit-taking and institutional maneuvers.
Crypto
DOJ Official Declares Writing Code Without Malice Is Not a Crime
Amid recent legal actions against crypto developers, a DOJ official reassures the industry that only malicious intent would lead to prosecution.
Crypto
Gemini Cryptocurrency Exchange Obtains MiCA License in Malta to Strengthen European Presence
The acquisition of the MiCA license is pivotal for Gemini's strategy in the EU, enabling broader access to trading services across the region.
Markets
Economist Kenneth Rogoff Reviews His 2018 Bitcoin Forecast on Price
Harvard economist Kenneth Rogoff revisits his prediction of Bitcoin's value and explains his views on cryptocurrency regulation.
Crypto
Crypto Industry Push for Brian Quintenz's CFTC Nomination Amidst Delays
The cryptocurrency sector is rallying in support of Brian Quintenz, urging President Trump to expedite his confirmation as the head of CFTC—a key regulatory position for digital assets.
Crypto
UK Bitcoin ETNs Expected to Have Greater Impact Than Anticipated
Following a four-year restriction, Bitcoin exchange-traded notes (ETNs) are resuming in the UK, a shift viewed as a significant milestone for the nation's role in the global cryptocurrency landscape.
