SEC settles on security claim in LBRY case; community calls it a big win for crypto
The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY Credits (LBC) tokens in the secondary market doesn’t constitute...
Hong Kong will not tolerate algorithmic stablecoins in new regulation
In the key principles of its upcoming regulatory framework, the Hong Kong Monetary Authority (HKMA) didn’t find a place for algorithmic stablecoins. Instead, the chief...
Here’s how Kazakhstan aims to enhance its legacy crypto trading framework
Kazakhstan, one of the world’s biggest Bitcoin (BTC) mining destinations, issued a consultation paper to gauge public interest in proposed amendments to improve the cryptocurrency trading framework.The policy paper, released...
Ripple remains bearish while below resistance
Ripple gained over 16% YTD While the momentum is positive, it has yet to overcome resistance $0.3 – $0.5 are pivotal levels for XRP/USD This...
The Federal Reserve meeting looms large as the Fed’s hawkishness may send Bitcoin lower.
The Federal Reserve meeting scheduled on Wednesday may be hawkish for the dollar Bitcoin might give up some of its 2023 gains on a hawkish...
Key takeaways from USDC $44.5 reserve report
USD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more than $44.5 billion worth of tokens currently in...
Panama’s Supreme Court to rule on cryptocurrency legislation
Panama's crypto bill saga has reached a new chapter, with the country’s Supreme Court set to decide the future of the local crypto industry.Panamanian President...
Genesis Capital’s fall might transform crypto lending — not bury it
Is crypto lending dead, or does it just need better execution? That’s a question asked with more urgency in the wake of Genesis Global Capital...
White House cryptocurrency ‘roadmap’ recommends against pension funds
The White House released a statement on Jan. 27 that provided the United States President Joe Biden administration a roadmap for mitigating risks associated with...
Fed policy to align bank oversight could limit crypto activities by state banks
The United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations on banks. The policy seeks to create...