Acting chairman Mark Uyeda announced on March 10 that the US Securities and Exchange Commission (SEC) is considering abandoning a proposal that would require certain crypto firms to register as alternative trading systems.
The guidance may foreshadow a reappraisal of the Howey Test, which the SEC has recently used in its attempts to regulate cryptocurrencies through litigation, say Jason Mendro, Matt Gregory and Nick Harper, attorneys at Gibson Dunn.
The Securities and Exchange Commission (SEC) may abandon a proposal that would expand regulation of alternative trading systems (ATSs) to include crypto firms. Speaking Monday (March 10) to a conference of the Institute of International Bankers, SEC Acting Chairman Mark T.
US-based cryptocurrency exchange Kraken has secured an Electronic Money Institution (EMI) authorization from the UK's financial watchdog. The move completes Kraken's streak of high-profile regulatory approvals outside the US as it eyes global expansion.
European Stability Mechanism (ESM) managing director Pierre Gramegna said that President Donald Trump's administration's favorable stance toward crypto, particularly dollar-backed stablecoins, could challenge Europe's monetary autonomy, Bloomberg News reported on March 10. Gramegna warned that the changing US stance could encourage both foreign and American technology firms to pursue large-scale payment solutions using dollar-denominated stablecoins.
The SEC is stepping back from a proposal that could have expanded its control over crypto exchange platforms.
The network, which plans to launch in Q2, will enable rapid transactions with flat gas fees, but will not support smart contracts or a native token.
Kraken received an Electronic Money Institution (EMI) license for the UK market, expanding the potential products offered through the exchange.
Acting U.S. Securities and Exchange Commission (SEC) Chair Mark Uyeda has announced a move to reconsider a proposed rule that could regulate decentralized finance (DeFi) exchanges. The rule, known as Regulation ATS, aimed to broaden the definition of an exchange to include communication protocols used in the crypto sector.
A top US regulator's recent easing of its stance on crypto doesn't mean that the US government's crusade against the industry is over, according to Custodia Bank CEO Caitlin Long.
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SEC Drops Yuga Labs Investigation After More Than 3 Years of Pursuit
As rumors swirl, Animoca and GSR have distanced themselves from the scandal.
The U.S. Securities and Exchange Commission (SEC) is moving to abandon a proposed rule that would have required certain cryptocurrency firms to register as alternative trading systems (ATS), according to acting Chair Mark Uyeda.
Trump's executive order will seek to roll back anti-crypto banking rules of the Biden administration and could target key Federal Reserve policies, sources said.
El Salvador had previously entered an agreement with Argentina.
BBVA bank introduces Bitcoin and Ethereum trading in Spain, signaling a major step towards mainstream crypto adoption in Europe.
As President Donald Trump orders for a US Bitcoin Reserve, Stacey Rolland, Zero One Strategies founder, says she sees a rise in bipartisanship for crypto and that "policymaking will be happening" in the space. She joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology.
Coinbase, one of the largest cryptocurrency exchanges in the world, has just announced the launch of 24/7 perpetual futures trading for eligible US customers. Previously, perpetual futures trading was primarily available to international users through Coinbase International Exchange and its offshore derivatives platform.
Markets are in free fall. Over the past two months, the S&P 500 and crypto have lost a staggering $5.5 trillion in market value.
According to the latest Crypto Fear and Greed Index reading, the market's sentiment slipped from a score of 34 out of 100 on March 7 to the current 20, which stands for “extreme fear.
Blockchain and banking have, since the former's inception, operated almost entirely at odds. Cryptocurrencies, after all, were invented as a decentralized method to store value, designed to operate outside of the intermediaries and custodial third parties that make up the traditional, regulated financial system.
A recent report shows that cryptocurrency companies spent over $134 million on the U.S. Elections, sparking discussions about regulatory risks, political influence, and unfair advantages. The post Crypto Firms Earmarked Over $134 Million for U.S. Elections in 2024: Report appeared first on Cryptonews.
Acting SEC Chair Uyeda is said he directed the agency's staff to review a proposed rule change that could potentially loop in DeFi.
The acting chief of the U.S. Securities and Exchange Commission said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.
The crypto market is gearing up for another eventful year, and early positioning could be the key to maximizing gains. The top crypto gainers in 2025 include a mix of blue-chip assets and emerging projects, each bringing something unique to the space.
Coinbase (NASDAQ:COIN) on Monday announced it plans to introduce round-the-clock Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC) futures trading, allowing U.S. traders to access crypto futures at any time, similar to spot markets. The company is also developing a perpetual-style futures contract, which would enable traders to hold positions indefinitely, mirroring products widely used on offshore exchanges.
Changpeng Zhao, Binance former CEO, remains an active commentator on the state of crypto's affairs. In a recent Twitter/X post, CZ criticized the prevailing investment thesis and culture for many, which is primarily driven by greed and the quest for quick profits.
The securities regulator's long-delayed rule expanding the scope of regulated exchanges shouldn't have tried to include crypto, Mark Uyeda argues.
Bitcoin is still holding up – but make no mistake – the recent swoon in risk assets is the start of something bigger.
TL;DR Movement Network has launched its Public Mainnet Beta, allowing permissionless app deployment and user onboarding. The network is based on Move and uses the Move Virtual Machine (MoveVM) along with BlockSTM, enabling a performance of over 160,000 transactions per second.
From March 1 to March 7, outflows from cryptocurrency investment funds totaled $876 million after $2.9 billion in the previous reporting period.
The U.S. Department of Housing and Urban Development (HUD) is exploring the use of blockchain and cryptocurrency in its operations, according to sources close to the matter.
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Mark Carney, a Canadian economist and now Prime Minister-designate, is already under the microscope for his previous remarks regarding cryptocurrency. Carney, who replaced former Prime Minister Justin Trudeau, took a measured and critical approach to cryptocurrencies, namely Bitcoin (BTC), in a 2018 speech he made at the Bank of England.
Bitcoin and most altcoins dropped on Monday as the recent crypto market crash accelerated. This drop means that BTC is down by 25% from its all-time high, while most altcoins have experienced a deeper crash.
The Movement Network Foundation has successfully launched its Movement Public Mainnet Beta - the Network's first chain and the only Move-based chain that settles to Ethereum. The post Movement Labs Launches Mainnet with $250M TVL, Reveals First US Movement ETF appeared first on Cryptonews.
Ethereum Pectra Upgrade faced yet another issue due to a mysterious attacker. The unknown attacker started sending zero-token transfers, leading to empty block mining.
Libra Memecoin Scandal: Argentina Moves to Freeze $110M
Bitcoin nearly touched $80,000 as the crypto markets fell Monday, after the White House Crypto Summit failed to outline crypto purchases for a strategic reserve and a global trade war stoked "extreme fear" among traders. CoinDesk's Christine Lee hosts "Chart of the Day.
As the cryptocurrency markets continue to hemorrhage capital, one whale investor has once again turned the current volatility into a multimillion-dollar payday in minutes.
TL;DR Coinbase Derivatives is set to introduce Bitcoin and Ethereum futures contracts with uninterrupted trading in the U.S., eliminating the time constraints of traditional markets. The initiative aims to bridge the gap with global markets, where over 75% of trading volume occurs outside the U.S.
The game blockchain sector has undergone an extraordinary evolution. From the initial experiments of token farming, today the focus is on engaging gaming experiences with the possibility of owning digital assets.
Coinbase announced plans Monday to introduce 24/7 perpetual futures trading for Bitcoin and Ethereum in the US through its regulated Coinbase Derivatives exchange, marking the first time such offerings will be available domestically.
Despite the decline in assets under management, cryptocurrency prices remain above pre-election levels.
Binance, one of the world's leading cryptocurrency exchanges, is set to expand its trading offerings by introducing five new USDC trading pairs.
The next time you go into your bank for a loan, don't be surprised if your bank manager starts discussing the best crypto presales. Banks have officially been given the green light to offer crypto services, thanks to Interpretive Letter 1183 (IL 1183) issued by the Office of the Comptroller of the Currency (OCC).