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Gary Gensler Reflects on Crypto’s Role in the Presidential Election
With only six days left in office, SEC Chair Gary Gensler addressed concerns about crypto's influence on the 2024 US presidential election. In an interview on January 14th with CNBC’s Andrew Ross Sorkin on Squawk Box, Gary Gensler stated, “I... -
Sony Takes Bold Step into Web3 with Soneium Platform to Revolutionize Content Distribution and Blockchain Integration in Entertainment
Sony, the renowned Japanese electronics and entertainment conglomerate, has unveiled a bold new move into the world of blockchain technology with the launch of Soneium, its proprietary Ethereum Layer 2 (L2) platform. This marks a significant shift in Sony’s approach... -
Tether Relocates Operations to El Salvador to Expand Digital Asset Presence and Support Cryptocurrency Adoption in Emerging Markets
Tether, the company behind the world’s largest stablecoin, USDT, has announced it is relocating its operations to El Salvador after securing a Digital Assets Service Provider (DASP) license. This move marks a significant step in Tether's strategy to deepen its... -
Trump’s Crypto Policies May Begin on Day One
Donald Trump’s anticipated return to the White House on January 20 may immediately impact the cryptocurrency industry. Reports suggest he plans to issue executive orders addressing crypto policies, including de-banking concerns and a contentious financial accounting rule. Crypto Policies Expected... -
Trump’s Crypto Plans May Face Delays, NYDIG Warns
As Donald Trump prepares to take office on January 20, speculation grows about his administration’s approach to crypto regulation. Despite promises to revamp the framework governing digital assets, the New York Digital Investment Group (NYDIG) has warned that significant changes... -
UK Treasury Clarifies Staking Regulations
In a landmark move, the UK Treasury has clarified that crypto staking does not fall under the definition of a collective investment scheme (CIS). This update, issued in an order on January 8, amends The Financial Services and Markets Act... -
Trump’s Trade and Immigration Policies Could Be the Next Big Worry for Fed
The minutes of the Federal Reserve’s December meeting show that the US central bank is worried about the trade and immigration policies of President-elect Donald Trump even as it does not mention him by name. The Fed is worried that... -
FTX Disputes Court Approval for Backpack’s Acquisition of EU Arm
Bankrupt cryptocurrency exchange FTX has issued a statement refuting claims that crypto exchange Backpack’s acquisition of its European subsidiary, FTX EU, was approved by the U.S. Bankruptcy Court. FTX also clarified that Backpack has not been authorized to manage creditor... -
Court Grants Coinbase Appeal in SEC Dispute
A U.S. federal court has granted cryptocurrency exchange Coinbase permission to appeal a ruling in its ongoing legal dispute with the Securities and Exchange Commission (SEC). Court Stays SEC Case Against Coinbase Pending Appeal The decision halts all case proceedings... -
Do Kwon Faces Fraud Charges as U.S. Prosecutors Estimate One Million Victims in Global Crypto Collapse
Do Kwon, the co-founder of Terraform Labs, faces nine felony fraud charges in connection with the collapse of the Terra ecosystem, which affected about one million individuals globally. The charges were presented before a New York City court on January...
