New legislation in the House and Senate seeks to regulate stablecoins, enforcing strict reserve requirements, banning tech giants from issuing them, and cracking down on offshore loopholes. New Bills in House and Senate Seek to Establish US Stablecoin Regulations The U.S. House Committee on Financial Services Democrats announced on Feb.
Various sectors of the crypto market, based on the GMCI indices, have fully retraced their post-U.S. election gains.
Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm.
Republican Congressman Tom Emmer said that Gary Gensler's actions towards the crypto industry was "illegal."
BitGo Inc., one of the world's leading providers of secure digital asset custody solutions, is reportedly gearing up for an initial public offering (IPO) as early as the second half of this year, according to a Bloomberg report. The post Crypto Custodian BitGo Eyes IPO in H2 as Regulatory Support Strengthens: Report appeared first on Cryptonews.
In a hearing with the loaded title "A Golden Age of Digital Assets," the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.
Following Trump's executive order, Chairman Powell has vowed not to launch a digital dollar.
Ricardo Salinas, one of the wealthiest men in Mexico, has criticized Europe's stance on cryptocurrency, comparing it to a museum and a zoo. In a recent interview on Lunaticoin's podcast, Salinas stated that Europe was a museum because nothing happened there and there was no investment.
Ukraine is set to fully legalize cryptocurrency by mid-2025, according to Danilo Getmantsev, Chairman of the Committee on Finance, Tax, and Customs Policy. Legislation for Crypto Regulations Near Approval in Ukraine Ukraine is preparing to officially legalize cryptocurrency by the summer of 2025, marking a major step toward integrating digital assets into its financial system.
The U.S. Securities and Exchange Commission (SEC) is reconsidering its stance on crypto regulation as it reviews past enforcement actions. Commissioner Hester Peirce has confirmed that the agency is moving toward a different approach in handling cases against crypto firms.
Cryptocurrency custodian services provider BitGo is reportedly considering an initial public offering (IPO) as soon as the second half of the year. The firm is in talks with potential advisers on a listing, although no final decision has been made, Bloomberg reported Tuesday (Feb. 11), citing unnamed sources.
Gemini has received in-principle approval from the Malta Financial Services Authorities for an Investment Firm license. The license will allow the cryptocurrency exchange to offer regulated futures and options throughout Europe.
Bank of England Governor Andrew Bailey expressed skepticism about the role of central bank digital currencies (CBDCs) in financial stability, emphasizing that central banks must maintain control over monetary transmission through the banking system. Speaking at the University of Chicago Booth School of Business in London on Feb.
Fed Chair Jerome Powell calls for a regulatory framework for stablecoin regulation, stating its importance for protecting consumers and ensuring financial stability. He also addresses interest rates, tariffs, and economic factors shaping the Federal Reserve's policy decisions. The post Fed Chair Powell Supports Clear Guidelines for Stablecoin Regulation appeared first on Cryptonews.
Donald Trump nominated Paul Atkins as an SEC commissioner following the departure of Gary Gensler and Jaime Lizárraga.
Crypto whales sold MOG, PEPE, and TURBO throughout early February, following a broader trend of large holders reducing their exposure to meme coins. While MOG has seen the most aggressive selling, PEPE and TURBO have also experienced a steady decline in whale addresses, signaling weaker confidence among major investors.
The Palo Alto-based BitGo wants to go public by the second quarter of 2025, over two years after a failed attempt via a Galaxy Digital acquisition.
An X user going by the name AB Kaui Dong sounded the alarm early Tuesday, when he noticed suspicious onchain activity by the world's largest cryptocurrency exchange, Binance. “The most discussed topic among peers today should be Binance, which is selling off a large amount of its own BTC and ETH assets,” Dong said.
Several other major crypto firms are also considering hitting the public equity markets in 2025.
Today, Federal Reserve Chairman Jerome Powell told a Senate Banking Committee that he's in no rush to cut interest rates. President Trump has agitated for more intense cuts due to high inflation, but Powell remains unmoved.
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As the SEC form the new crypto task force, Commissioner Hester Peirce says she is committed to using the existing framework they have in regards to regulation and insists it will not be a "free for all," rules will be enforced. She speaks with Tim Stenovec on "Bloomberg Crypto.
Head of the SEC Crypto Task Force and SEC Commissioner Hester Peirce gives her take on memecoins and says the SEC will look at the facts and circumstances, but says most memecoins probably don't have a home in the current set of regulations. She speaks with Tim Stenovec and Sonali Basak on "Bloomberg Crypto.
The Crypto Council for Innovation is now calling for a regulatory reset of the cryptocurrency sector
BitGo's potential IPO could boost investor confidence in the crypto sector, signaling maturation and increased institutional interest in digital assets. The post BitGo considers late 2025 IPO amid growing crypto public offerings wave appeared first on Crypto Briefing.
Trading activity has surged since the November US elections, a good sign for crypto exchanges.
Jerome Powell, who has served as chair of the Federal Reserve since 2018, made a guarantee to lawmakers in the Senate regarding a US central bank digital currency.
The crypto market is facing a sharp downturn as major tokens like Ethena crash hard. What's causing the slump and which coins took the biggest hit today?
Major U.S.-based crypto custodian BitGo plans to go public via an initial public offering as early as Q2 2025, according to Bloomberg.
Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's in charge.
SEC Commissioner Hester Peirce defended her approach to cryptocurrency regulation during a Bloomberg interview, prioritizing an innovation-friendly approach, rather than restrictive oversight.
The president of the United States, Donald Trump signed an executive order regarding the FCPA on Monday. He directed the Justice Department to temporarily suspend the prosecutions of Americans accused of bribing foreign government officials while trying to win or retain business in their countries.
Gemini CLO Tyler Meade references a U.S. court ruling that scrutinizes the SEC's crypto regulation tactics, calling its enforcement strategy arbitrary and lacking due process protections for the industry. The post Court Critiques SEC's Approach to Crypto Regulation: Gemini CLO appeared first on Cryptonews.
The CEO of investment firm Pantera Capital says he is more bullish than ever on crypto due to the shift in the regulatory environment.
Many crypto analysts and investors are still eagerly anticipating the arrival of a full-blown altcoin season in this market cycle. While some surges have been observed in individual altcoins like Solana and XRP, the broader alt market has yet to see the kind of explosive rally that characterizes an official altcoin season.
The dominance of Pump.fun shows no signs of slowing down. The leading token launch platform is now responsible for over 50% of new token launches.
Federal prosecutors claimed that he posed an "urgent risk of flight," given his connections to "wealthy individuals."
Binance and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion to suspend legal proceedings for 60 days.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Federal Reserve Chair Jerome Powell confirmed that the US will never have a central bank digital currency (CBDC) while he leads the central bank. Powell made the statement on Feb. 11 while speaking at the “Semiannual Monetary Policy Report to Congress.
As crypto firms and their new government allies rail against U.S. regulators for chasing them out of banking, Powell says such tales are a worry he'll address.
In a latest development, Crypto exchange Gemini has obtained in-principle approval in Malta for an Investment Firm license, allowing it to offer perpetuals across the European Union. The approval is subject to the Malta Financial Services Authority's (MFSA) pre-authorization requirements.
Stablecoins could emerge as one of the most efficient means of payment in a global economy as legacy payment systems struggle to keep pace with AI agents, blockchain technologies and the Internet of Things (IoT), according to Sky Protocol co-founder Rune Christensen.
Analysts are expecting overall crypto revenue at Robinhood to have soared to $345.5 million from $63.9 million in the previous quarter.
Federal Reserve chair Jerome Powell told the U.S. Senate that regulators should” take a fresh look” at the crypto debanking debacle.
The SEC reportedly wants to put its case against the world's biggest crypto exchange on hold. That's because the financial regulator wants to wait as the Trump administration develops a digital asset framework, Bloomberg News reported Tuesday (Feb. 11), citing a court filing by the Securities and Exchange Commission (SEC).
The crypto market is filled with big-name projects, but some lesser-known tokens are flying under the radar. These underrated cryptos to buy now have strong technology, active development, and unique use cases that could drive their prices higher.