Anchorage Digital was denied banking services, causing 20% layoffs and significant losses.
TL;DR The SEC is downsizing its crypto enforcement unit, reallocating staff to other departments as part of a broader effort to reassess its approach to digital assets. The restructuring includes a new policy requiring enforcement staff to get approval from commissioners before initiating formal investigations.
Senator Bill Hagerty is set to introduce legislation aimed at creating a regulatory framework for stablecoins. This initiative, scheduled for Tuesday, reflects a growing desire among Republican lawmakers to establish crypto-friendly guidelines within the financial system.
Swisstronik, a blockchain ecosystem for compliant, privacy-preserving dApps and tokens, has launched the first showcase of its Asset Tokenization Suite in collaboration with Van der Bauwede, renowned for luxury Swiss jewelry and watchmaking, and Swiss Diamond Lab, a trailblazer in synthetic diamond production.
Want to find the best meme coins to buy? Dawgz AI is leading the pack with AI-powered trading and staking rewards.
Crypto advocacy group DeFi Education Fund has urged the US Department of Justice (DOJ) to reconsider its approach to holding DeFi protocol developers accountable for users' actions. In a blog post published on Feb.
By gоing sееdless, yоu're nipping potential risks like fraud, data breaches, or еvеn someone physically copying your keys right in the bud.
FTX has announced plans to begin paying back certain creditors in the Bahamas on February 18, 2025, starting with those who have claims under $50,000.
Sanctions on dozens of Russian centralized exchanges and a decline in onchain payments made by victims helped reduce extortion figures.
According to the blockchain analytics firm, less than half of recorded ransomware attacks resulted in victim payments.
The digital asset community is approaching the newfound embrace of crypto by the Trump administration with cautious optimism, after a Tuesday press conference led by David Sacks, the designated “Crypto Czar.” What Happened: While the rhetoric surrounding innovation and regulatory clarity has been well-received, industry experts are now scrutinizing the actual plans and questioning whether the proposed changes will truly benefit the broader crypto ecosystem.
Richard Teng, the chief executive officer of the world's largest crypto exchange, Binance, who took over leadership after CZ stepped down, has sparked a hot discussion in the crypto community with his fresh X post.
ByBit was slapped with a $1.06 million fine by the Indian regulator.
According to an analysis by QCP Capital, crypto markets remain turbulent as traders evaluate unfolding geopolitical events and macroeconomic influences. QCP Analysts Remain Cautious About Negative Geopolitical Shocks From U.S.-China Tensions QCP Capital notes that traditional financial markets continue to experience erratic trading, with the S&P 500 laboring to sustain the crucial 6,000 mark.
Fed Vice Chair Philip Jefferson has recently made crucial comments regarding rate cuts, with the implications for Bitcoin, Ethereum and the broader crypto space now being assessed.
Traders try to make sense of the crypto market as Bitcoin (BTC) refuses to follow historical patterns and the altcoin season is nowhere to be seen.
Hong Kong legislator Johnny Ng urges regulators to accelerate pro-crypto initiatives in the region after U.S. crypto czar David Sacks' press conference. In a recent post, Ng emphasizes the importance of the press conference conducted by U.S.
Bybit, one of the world's largest crypto exchanges, has taken a major step toward resuming full operations in India. The company has successfully registered with India's Financial Intelligence Unit (FIU), clearing a significant regulatory hurdle after past compliance issues.
More bullish news for crypto investors — Coinbase seizes on Trump's pro-crypto stance and goes gloves-off against unfair crypto regulations. One crypto presale, Solaxy, which plans to upscale the Solana ecosystem, has seen major momentum following this news.
Google's ready to upgrade its AI toolbox. CEO Sundar Pichai announced that the company would be making a small investment in its capital expenditures category.
India's financial regulator has fined Bybit $1 million for failing to register under the Prevention of Money Laundering Act, leaving its compliance status unclear.
The CEO of the crypto-exchange talks about the cyclical nature of the market and leaves three tips for users.
Crypto exchange Kraken has appointed Ben Gray, former Global General Counsel at Paxos, as its new chief legal officer. U.S.-based cryptocurrency exchange Kraken has hired Ben Gray as its new chief legal officer to strengthen its legal team.
Stablecoin transaction value in 2024 reached $15.6 trillion, overtaking traditional payment firms Mastercard and Visa by more than 100%. According to the ARK Invest Big Ideas 2025 Report published on Feb.
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.
The role of Jefferies Financial Group in the new strategy
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.
Bybit has faced difficulties in India due to the regulations imposed by the Financial Intelligence Unit (FIU).
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
After Eric Trump, the Executive Vice President of the Trump Organization, posted on X that now is a great time to add Ethereum (ETH), the calls for altseason has significantly increased. The ETH/BTC pair recently retested the multi-year support level around 0.023, signaling the much-anticipated rebound in the near term.
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.