Hong Kong to release cryptocurrency framework next month
Hong Kong’s new cryptocurrency licensing framework is expected in May. The Securities and Futures Commission (SFC) chief executive Julia Leung told Bloomberg the guidelines follow...
Kraken asks San Francisco court to intervene against IRS demands
Crypto exchange Kraken is taking the fight against the United States Internal Revenue Service (IRS) and its demand to present critical exchange user information to...
US House Financial Committee Republicans look for records to show crypto debanking
Three Republican members of the United States House of Representatives Financial Services Committee have sent letters to the heads of U.S. banking regulatory agencies seeking...
Elizabeth Warren wants the police at your door in 2024
In 2022, Massachusetts Senator Elizabeth Warren authored a bill that would require cryptocurrency wallet providers to comply with bank Anti-Money Laundering rules. Not crypto exchanges,...
Bahamas securities watchdog presents comprehensive new draft digital assets act
The Securities Commission of The Bahamas (SCB) published a draft of the Digital Assets and Registered Exchanges (DARE) Bill 2023 on April 25. The sweeping...
Coinbase stock outlook: HC Wainwright analyst sees upside to $75
H.C. Wainwright analyst initiates Coinbase with a “buy” rating. Mike Colonnese explained his bullish view in a research note. Coinbase stock has lost about 35%...
Bitcoin supply is dwindling, yet volatility will be the biggest benefactor
Key Takeaways Long-term holders are accumulating Bitcoin, with two-thirds of the supply stagnant for over a year Our Head of Research, Dan Ashmore, writes that...
Circle CEO blames US crypto crackdown for declining USDC market cap
Circle CEO Jeremy Allaire in a recent interview said that the cryptocurrency crackdown by the United States regulators was a major factor behind its stablecoin...
Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change
The New York Federal Reserve published new rules for counterparties looking to use its money market balancer, casting uncertainty over intentions by stablecoin issuer Circle...
Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts
The crypto community is calling out the alleged hypocrisy of Gary Gensler, the head of the United States securities regulator, after a 2018 video emerged...