Regulation

A group of Democrat politicians recently penned a letter to the Democratic National Committee (DNC) calling for a shift in the party’s stance on crypto and blockchain technologies. The letter, advocating for a more “forward-looking approach,” highlighted the vast potential these technologies hold for American innovation, economic growth, and financial inclusion. Despite some Democratic leaders

President Donald J. Trump has expressed his ambition to establish the United States as a dominant force in the world of Bitcoin and cryptocurrency. He has pledged to maintain the US’s lead over competitors like China and vowed to make the country a “Bitcoin superpower.” Trump’s vision includes ensuring that the US government holds onto

Coinbase and Revolut, two key players in the crypto industry, recently faced vastly different regulatory outcomes in the UK. While Coinbase subsidiary CB Payments Limited (CBPL) was fined a substantial sum of £3.5 million for Anti-Money Laundering breaches, Revolut obtained a restricted banking license from the UK’s Prudential Regulation Authority (PRA). The UK’s Financial Conduct

The crypto industry has been facing numerous challenges under the current administration led by President Biden and Vice President Harris. Founders of Andreessen Horowitz (a16z), Ben Horowitz and Marc Andreessen, recently discussed the regulatory hurdles that have been stifling innovation and growth in the sector. They openly criticized the handling of the cryptocurrency industry by

The recent bill passed by the Russian State Duma legalizing Bitcoin mining and allowing the use of cryptocurrencies for international trade comes as a response to the challenges faced by Russian banks. These challenges are a combination of regulatory constraints and international sanctions that have disrupted the country’s trade relations with key partners such as

The recent unanimous passage of the Financial Technology Protection Act by the United States House of Representatives has significant implications for the digital finance industry. The bill, introduced by Representative Zach Nunn and approved on July 22, 2024, aims to address the misuse of digital platforms for illicit activities and terrorism financing. By establishing a

The Digital Chamber recently reached out to Vice President Kamala Harris, urging her to take a progressive and forward-looking stance on digital assets and blockchain technology. The organization emphasized the transformative potential of these technologies, highlighting their ability to drive innovation, economic growth, and financial inclusion. Despite key Democratic leaders, such as Senate Majority Leader

President Joe Biden’s rumored withdrawal from the 2024 presidential race has led analysts to speculate on the potential outcomes, with 10x Research suggesting that former President Donald Trump may secure a “decisive victory” in the November election. The firm goes as far as stating that no credible candidate could seriously challenge Trump, essentially declaring the

The CEO and founder of DAIM, Brian Korshain, has expressed strong optimism regarding the potential impact of former President Donald Trump’s support for Bitcoin. He believes that Trump’s rumored plan to make Bitcoin a strategic reserve asset for the US is not only possible, but could also lead to significant developments in the world of

The Basel Committee on Banking Supervision has recently announced the release of its final disclosure framework for banks’ crypto exposures and has implemented targeted changes to its cryptoasset standards. These amendments aim to strengthen the criteria for stablecoins to receive a preferential regulatory treatment. Both sets of standards are scheduled to take effect on January