Trump's administration plans to regulate stablecoins and bring the market onshore, with a focus on US dollar-backed digital assets, according to crypto czar David Sacks.
Two prominent cryptocurrency investors have moved at least $24 million in DeFi tokens to While one has achieved big profits, the other has suffered heavy losses. Here is what you should know about this unusual development.
This marks the latest push to bring order to an industry. It has become a top priority for many lawmakers, including former President Donald Trump.
Led by Commissioner Hester Pierce, the SEC's new crypto task force aims to clarify the classification of crypto assets and not put everything within the “securities” bracket.
The U.S. government has established a bipartisan congressional working group to develop clear digital asset regulations while evaluating the creation of a Strategic Bitcoin Reserve.
Recent reports claim that Coinbase is seeking clarity on the status of banking services related to crypto. In a letter, the exchange allegedly urged US regulators to confirm whether banks can offer services to crypto businesses.
The SEC reassigned over 50 lawyers from its crypto enforcement unit. A new task force led by Hester Peirce aims to provide regulatory clarity.
The SEC is disbanding its crypto enforcement unit and reassigning over 50 staff members as part of the Trump administration's broader effort to reduce government oversight of digital assets, while simultaneously establishing new regulatory frameworks under Commissioner Hester Peirce's leadership.
Previously, Ethereum users had to purchase ETH for gas fees, but MetaMask now enables payments using multiple tokens.
Meanwhile, HashKey Europe recently obtained a Virtual Asset Service Provider (VASP) license from Ireland's Central Bank.
The crypto exchange whose parent company is backed by Peter Thiel revived its public listing plans shelved in 2022.
SEC Regulatory uncertainty hampers crypto ETF progress, but a Bitcoin-Ethereum combo ETF may see faster approval.
Bybit is pursuing a full operation license with India's financial regulator, which it expects to obtain “in the coming weeks.”
The Trump administration has launched multiple initiatives to support cryptocurrency innovation and establish a sovereign wealth fund, marking a departure from previous regulatory approaches.
A newly discovered malware called SparkCat has infected over 242,000 mobile devices through legitimate-looking apps on both Android and iOS, using optical character recognition to steal cryptocurrency wallet keys from users' photo galleries.
Hester Peirce, in the past day, outlined the focal points of her Crypto Task Force. The unit is aiming to foster a regulatory environment that enables both secure and innovative processes.
Listed below are some of the most impactful initiatives that have emerged within the Web3 education arena, reshaping how people have continued to learn about crypto and blockchain-based technologies.
A change in cryptocurrency regulation in the United States
Web3 in 2024 has been a year of both progress and peril. While regulatory breakthroughs like the US approval of Bitcoin and Ethereum exchange-traded funds (ETFs) signaled mainstream acceptance, the industry was overshadowed by a surge in hacks and scams, putting billions at risk.
On Feb 4th, China retaliated aggressively against the US' move to impose a 10% tariff on Chinese goods, imposing a 15% counter-tariff on selected US goods. The development affected the cryptocurrency sector, especially the AI crypto segment, severely.
The crypto market on Wednesday again illustrated a volatile movement after showing signs of recovery recently. Bitcoin (BTC) price slipped back to the $98K level over the past day, whereas altcoins like Ethereum (ETH), Solana (SOL), and XRP have mainly mirrored a declining trend.
From giving warnings to crypto exchanges to tracking down illegal activities, South Korea's strict stance on crypto violators is an example for other countries. To create a fair and transparent environment, South Korean authorities are tightening their grip on tax evaders who hide wealth in cryptocurrency.
With its latest approval from Hong Kong's SFC, HashKey Capital can offer crypto investment strategies to professional investors.
Coinbase has urged U.S. regulators to clarify guidelines allowing banks to offer cryptocurrency services.
Memecoins have been the leading narrative of the cycle after surpassing all expectations and becoming the top-performing sector of 2024. As we navigate 2025's crypto market, emerging sectors like Artificial Intelligence (AI) agents could rival memecoins' narrative mindshare.
The U.S. Securities and Exchange Commission (SEC) is reviewing whether certain cryptocurrencies should be classified as securities.
The US Securities and Exchange Commission is reportedly reducing its enforcement division amid a shift in the regulatory landscape for the crypto industry.
A key step has been taken in the regulation of the crypto market in the United States. Under the leadership of Mark Uyeda, acting chair, the Securities and Exchange Commission (SEC) has announced the creation of a Crypto Task Force, an entity responsible for providing more clarity to the rules governing cryptocurrencies.
Hong Kong's financial regulator, the Securities and Futures Commission (SFC), is set to promote its cryptocurrency regulatory workforce in the upcoming fiscal year. In a newly released budget proposal for 2025-26, the SFC outlined plans to introduce 15 additional positions, eight of which will specifically focus on the regulation of virtual assets.
Alan Howard-backed crypto firm Bullish Global is said to be weighing an initial public offering as soon as this year. Bullish Global, a crypto exchange operator, appears to be gearing up for an IPO as the U.S.
The US SEC's crypto enforcement unit is reportedly reassigning its members to other agency departments. The post US SEC Scales Back 50-Member Crypto Enforcement Team: Report appeared first on Cryptonews.
The SEC's crypto unit, which expanded under its former chair, is now being scaled back. The U.S. Securities and Exchange Commission is reportedly scaling back its crypto enforcement unit as the Trump administration is set to ease regulations.
Will Binance join Bybit in sharing full crypto liquidations as community calls intensify?
The crypto unit overhaul aligns with Trump's pledge to limit government intervention and position the U.S. as a leader in digital assets.
According to a recent report by the New York Times, the U.S. Securities and Exchange Commission is on track to substantially cut down its cryptocurrency enforcement efforts.
Crypto traders say the market has “lost all sense of logic” and is now “confusing just about every investor” despite pro-crypto moves by the US government.
Anthony Scaramucci even believes Congress may advance a US crypto market structure bill by as soon as late 2025.
Venture capital firm a16z has called on prosecutors from the US Department of Justice to cease targeting decentralized finance (DeFi) protocols for users' mistakes, as the protocols lack control over users' actions.
Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) for the release of a long-awaited report on ethical conflicts and selective enforcement within the agency.
US Senator Bill Hagerty has introduced the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act to the Senate.
Less than a day after launching Super Bowl betting contracts, Robinhood shut them down at the CFTC's request. On Feb.
The U.S. Securities and Exchange Commission (SEC) is taking a new approach to regulating the crypto industry with the launch of its new Crypto Task Force, moving away from past enforcement-heavy tactics.
Coinbase on Tuesday urged US banking regulators to clarify or update their policies on banks offering crypto services and partnering with digital asset companies. The post Coinbase Calls on US Regulators to Enable Banks to Provide Crypto Services appeared first on Cryptonews.
Republican lawmakers announce a bicameral working group to fast-track crypto regulations, focusing on stablecoins and digital asset market rules in a major push for long-awaited industry clarity.
SparkCat malware extracts crypto wallet mnemonics via OCR.
Trump is shrinking the size of its cryptocurrency enforcement unit.
The SEC crypto enforcement unit has been slashed, staff transferred as part of a regulatory shift under the Trump administration.