Coinbase collided with the SEC Monday as the crypto exchange giant continues to push the Wall Street regulator for crypto-centric rulemaking, which the Commission has refused.
Crypto users are looking forward to Gary Gensler's appearance at a House hearing Tuesday, where a lawmaker has hinted that the SEC chair will ultimately be grilled.
For the first time ever, Kamala Harris has spoken about crypto, saying she will "encourage" digital assets innovation. Is this the beginning of a significant shift, or is she a little too late in the race toward winning crypto voters?
Regulatory clarity remains a pain point for the crypto industry, more than a decade after the first cryptocurrency emerged – how is the global regulatory landscape catching up to a fast-evolving industry?
Crypto is fast-becoming a key issue in the November elections, with more politicians recognizing the industry's growing significance for American voters who press for regulatory clarity.
The Digital Assets Subcommittee of the House Financial Services Committee held a hearing Wednesday to discuss with stakeholders how the SEC has been handling crypto regulation, and many lawmakers expressed concern over the regulator's regulatory approach.
House members Tom Emmer and Patrick McHenry are demanding answers from SEC Chair Gary Gensler on the regulator's stance over token airdrops amid increasing scrutiny of the SEC's enforcement-first approach toward digital assets.
A new bill seeks to bring the SEC and CFTC together to discuss ways to streamline crypto regulation. Some crypto users believe the proposed legislation is a good start, but they doubt whether the SEC will actually cooperate.
The UK has unveiled a new bill that could provide legal clarity on the status of Bitcoin and other cryptocurrencies, possibly providing crypto holders in the country with legal protection.
Members of the House Financial Services' subcommittee for digital assets discussed DeFi's future Tuesday, with some still doubtful of the technology's benefits, and others seeing the potential that it offers for a new financial era.
Sen. Chuck Schumer was optimistic about crypto legislation when he appeared at a virtual town hall on crypto policy last month, but now his statements at the event are being doubted as potentially having been "lip service."
Stablecoins play a key role in the broader crypto market's growth, and while the segment is expected to keep expanding, there are also concerns about how the multi-billion-dollar crypto sub-sector will be affected by emerging regulations.
Qatar has published a digital assets regulatory framework that provides service providers with specific rules to follow before they can serve consumers within the Qatar Financial Center, and the rules are very specific in terms of "excluded" tokens.
Trump said he will lay out a plan to ensure that the U.S. will lead the rest of the world in the crypto space – if the plan is based on what he has said about crypto so far, it could include changes within the SEC should he be elected.
OpenSea's Devin Finzer said the NFT marketplace received a Wells notice from the SEC, and while many are defending the platform, others said OpenSea brought it upon itself.
Reports have emerged in recent days regarding Democratic presidential nominee Kamala Harris supposedly endorsing a tax on unsold assets, and the crypto community has already started pushing back on such a plan amid fears that the tax could have a negative impact on the broader crypto space.
Investment bank TD Cowen is getting crypto's expectations on the right track regarding the passage of bills for the industry – massive donations won't necessarily mean crypto bills will be passed anytime soon.
A top Harris campaign aide said the vice president will support policies for crypto growth, and his statement is at center of discussions in the community, with some believing the Democratic presidential candidate is ready for change, while others believe she has to directly speak about her views to be trusted.
The Democratic Party skipped Bitcoin and crypto in its 2024 platform, and while many crypto users are disappointed over the decision, others see it as a sign that indicates a new Democratic administration will no longer try to restrain the burgeoning industry.
Australia's ASIC has been on a year-long crackdown on investment scams, taking down websites that lure Australian consumers – among its targets in the crackdown were crypto investment scams.
Crypto executives are calling on the CFTC to withdraw its proposal for a new rule that could ban Polymarket and other similar betting platforms – some crypto leaders have also questioned the regulator's authority to regulate event contracts.
David Bailey believes there are three key things Vice President Kamala Harris can do to be called "pro-crypto" by the crypto community, which has long been seeking recognition and support from political powers.
Mike Alfred is under fire after he revealed that the vice president's team invited him to a crypto roundtable but he declined the offer – his move has been deemed by some in the industry as a wasted opportunity to let crypto's voice be heard by Democrats.
Coinbase has asked the court to force the SEC to produce documents that the crypto giant believes are crucial in its defense – documents Coinbase said the SEC has withheld on the grounds of privilege and burden.
The House passed a bill that seeks to establish an inclusive working group to protect the digital assets space from terrorism and illicit financing activities, months after the crypto industry saw successive support from Congress in the form of crypto-focused legislation.
Gary Gensler has become one of the most notorious names in the crypto space due to his enforcement-first approach toward regulating digital assets, and with Biden's exit, his future as the SEC chair may have become unclear.
Vitalik Buterin has publicly spoken up against a "trend" in the crypto industry wherein crypto voters favor supposed "pro-crypto" candidates without knowing the deeper reasons behind the candidates' support for the industry.
The SEC has reportedly allowed some companies and financial institutions to skip balance sheet reporting of customers' crypto assets, as required by a contentious staff bulletin that lawmakers are seeking to overturn.
An advisor for President Joe Biden attended a roundtable hosted by a Democratic leader for crypto leaders on Wednesday, raising hopes for more bipartisan efforts toward addressing the concerns of the emerging industry.
Mike Novogratz revealed that "most" Democrats outside the circle of Massachusetts Sen. Elizabeth Warren are actually pro-crypto – the claim comes amid increasing Republican support for the digital assets space.
