CFTC commissioner calls for urgent reforms in US crypto policy

The Immortal Rising 2 has attracted huge support from Web3 gamers, especially in Vietnam and South Korea. The pre-registration of the P2A campaign will remain open and will offer participants a chance to claim unique SoulBound Tokens (SBT).

Crypto advocacy group Coin Center has hinted that crypto innovation could still be threatened despite an incoming crypto-friendly Securities and Exchange Commission (SEC). According to the non-profit group, while Trump's emergence as president might be a positive for the crypto sector, several ongoing cases could deter investors and developers.

As Trump's presidential tenure progresses, crypto traders expect to see clear digital asset regulations and an environment fostering DeFi innovation.

The Federal Reserve has declared the US government's $36 trillion debt as the biggest risk to financial stability, pushing inflation and geopolitical tensions down the list. This grim acknowledgment came after the central bank's survey, conducted by New York Fed staff between August and October, which was included in its latest semi-annual financial stability report.

Donald Trump, the President-elect of the United States, has nominated Scott Bessent as Treasury Secretary for his administration. This decision has generated enthusiasm in the emerging industry due to Bessent's pro-crypto reputation.

In this week's LATAM crypto update, we saw two key launches: Crypto.com's new Visa card and Nubank Brazil's new crypto tool exchange in its App. Crypto.com's highly anticipated Visa card aims to meet the increasing demand for practical cryptocurrency usage in the region.

Bitcoin and crypto ownership in China have been debated and have raised policy questions for years. But a recent Shanghai court ruling clarified that it's perfectly legal for citizens to hold, buy, and sell Bitcoin or other cryptocurrencies.

The crypto market is known for its high-profit opportunities. However, it also has limitations, such as volatility, which often leads to an immediate trend reversal, changing the entire trajectory of crypto trading.

Funtico's CCO says early Web3 games failed due to poor infrastructure but says the industry has shifted its focus to improving this. Collaboration: A Win-Win for Web2 and Web3 Gaming Doron Wesly, Chief Commercial Officer (CCO) at Funtico, argues that early Web3 games struggled to compete with their Web2 counterparts due to limitations in infrastructure.

Bankrupt cryptocurrency exchange FTX has announced plans to begin distributing payments to creditors and customers in early 2025. This follows the approval of its Chapter 11 Plan of Reorganization, which is expected to become effective by January.

The UK is gearing up to present its crypto-regulatory framework in 2025. The announcement, made during the City & Financial Global Tokenisation Summit in London, underscores the Labour government's commitment to balancing innovation with safety in the digital asset space.

As President-elect Donald Trump prepares to take office in January, a significant development is unfolding in the crypto space: Chris Giancarlo, nicknamed “Crypto Dad”, is emerging as a frontrunner for the newly proposed position of “crypto czar”.

In this article, we explore all the various features of Bybit, a famous platform enabled for cryptocurrency exchange.

President-elect Donald Trump has nominated hedge fund manager and crypto enthusiast Scott Bessent for the Treasury Secretary position.

If you've been keeping an eye on FTX's bankruptcy proceedings, things just got even more interesting. FTX just made another big move. Recently, liquidators received 1.85 million RAY tokens, worth about $11 million. This could change a lot of things in the crypto market.

The SEC is distributing $1 million in penalties from Stoner Cats 2 LLC after the company violated securities laws.

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Coin Center says that while a Trump administration will undoubtedly be positive for crypto, there are still several ongoing cases that could prove troublesome to investors and developers.

The SEC set a record with $8.2 billion in fines and investor relief in fiscal 2024.

Donald Trump has nominated pro-crypto hedge fund manager Scott Bessent to serve as the next Secretary of the Treasury. The post Trump Taps Pro-Crypto Hedge Fund Exec Scott Bessent for Treasury Secretary Role appeared first on Cryptonews.

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Binance expands its compliance team to meet the growing needs of the crypto industry and its user base.

President-elect Donald Trump has nominated Scott Bessent, founder of Key Square Group, as the next US Treasury Secretary.

Donald Trump is back in the spotlight with some intriguing nominations for his next administration. Scott Turner, a former NFL player turned government official, has been chosen to lead the Department of Housing and Urban Development (HUD). But that's not all.

India's financial services secretary expressed deep skepticism about cryptocurrency, calling it a doubtful scheme, despite the nation's top crypto adoption ranking. Indian Official Speaks Out: ‘Very Skeptical of Cryptocurrency' M. Nagaraju, Secretary of India's Department of Financial Services (DFS), expressed strong doubts about cryptocurrencies during the SBI Banking & Economics Conclave on November 18, 2024.

Teresa Goody Guillén is a leading contender to head the SEC, with plans to foster a collaborative regulatory approach for cryptocurrency.

Bitcoin (BTC-USD) struck above $99,000 in Friday's early hours as the cryptocurrency nears a $100,000 milestone in its post-2024 election rally. Crypto traders have become even more optimistic around Securities and Exchange Commission (SEC) Chair Gary Gensler's plans to step down in January and what that could signal for crypto regulation under a second Trump administration.

The Financial Industry Regulatory Authority (FINRA)'s new crypto guidelines spotlight risks and FOMO-driven decisions, with advice on crypto investing. New Crypto Guidelines Highlight Key Challenges for Crypto Investors The Financial Industry Regulatory Authority (FINRA) has introduced a comprehensive guide for investors exploring the world of crypto assets.

According to a local report, South Korean crypto lending platform Delio has been declared bankrupt.

Bessent is a prominent hedge fund manager known for his pro-crypto stance

Teresa Goody Guillen, the potential next Securities and Exchange Commission Chair has highlighted the major changes coming into the agency under Trump's presidency. Guillen shared her enthusiasm for making “SEC great again!

Crypto users could have been at risk due to Apple's security flaw, especially those using Intel-based MacBooks. Changpeng Zhao (CZ), the former CEO of Binance, recently took to X to sound an alarm, urging users to update their Apple devices immediately.

The US Bitcoin and crypto market have been on uncharted waters recently, and many are excited and optimistic. Charles Schwab, a leading financial company with $7 trillion in assets, is one of the recent companies taking an interest in this “hot industry.

In the SEC's latest report detailing the Examination Priorities for 2025, the Commission has reinforced its gameplan to keep a close eye on the crypto industry.

President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.

The Department of Justice (DOJ) recently unsealed charges against five alleged scammers for running a crypto phishing scam that cost victims millions of dollars. According to a new press release from the U.S.

The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)'s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country's implementation of the Crypto Asset Reporting Framework (CARF). In a consultation paper released Nov.

The year is 2024; Bitcoin is setting new all-time highs, and Trump's crypto-friendly administration has not even resumed office yet. Gary Gensler, who suffocated crypto firms like Binance and besieged tokens like XRP, has shared his plans to step down.

Mythical Games and FIFA have revealed plans for FIFA Rivals, an officially licensed mobile football game. The free-to-play title will launch on iOS and Android in the summer of 2025, though an exact release date remains undisclosed.

Could China's legal shift signal a major change in crypto policy for the nation?

The Blockchain Association has urged President Trump to prioritize cryptocurrency regulatory reforms in his first 100 days, advocating for a clear framework to support innovation and end the debanking of crypto companies. The post Blockchain Association Calls on Trump to Prioritize Crypto in First 100 Days appeared first on Cryptonews.

A creditors' meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse.

Donald Trump has not yet named his pick for SEC chair to send to the Senate, but Commissioner Mark Uyeda offered a preview of the regulator's approach to crypto in 2025.

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A federal judge bashed the SEC's effort as unlawful.

Following Donald Trump's election as the new US President, regulators are pushing for crypto market reforms, from establishing regulatory sandboxes to allowing tokenized funds' shares as collateral in traditional derivatives trading.