The chair of the Commodity Futures Trading Commission (CFTC), Michael Selig, said he would not wait for the appointment of additional commissioners to lead the regulatory agency before moving ahead on rulemaking potentially related to […]
Tether will inject up to $127.5 million into Drift Protocol as part of a recovery plan totaling nearly $150 million following the platform’s recent exploit that led to about $285 million in user losses, the […]
Key Takeaways: Pakistan enabled licensed crypto firms to access banking, reversing its earlier blanket restriction. Banks must apply strict due diligence and FMU reporting when onboarding licensed firms. Pakistan lifted its 2018 ban that blocked […]
Key Takeaways: With the Middle East war raging, fiat currencies in Brazil and Argentina rose, drawing future inflows next. Following a January Trump Administration intervention, Venezuela can offer a new future market opportunity. Brandywine’s Jack […]
Aave Labs, the core development team behind Aave, has been granted $25 million in stablecoins and 75,000 AAVE tokens by the protocol’s DAO under the “Aave Will Win” framework. The vote passed Saturday with nearly […]
StarkWare is laying off staff and restructuring its operations as the firm pivots from infrastructure toward building its own revenue-generating products, co-founder Eli Ben-Sasson announced in a social post on Monday. I am sharing here […]
The United States government must pass the CLARITY Act, which aims to provide the crypto industry with clearer regulatory oversight, soon, or risk waiting almost another four years to move the industry forward, according to […]
Cryptocurrencies now fall under Japan’s securities-style financial laws. Insider trading rules and stricter disclosures will apply. Lower taxes may boost investor and institutional participation. Japan has taken a major step in reshaping how it treats […]
Key Takeaways: The French National Assembly passed a bill forcing users to report self-hosted wallets holding over €5,000. The DGFIP warns that tracking data for these wallets makes users prime targets for hackers. Gregory Raymond […]
Nasdaq-listed Bitcoin mining firm BitFuFu reported today that it produced 214 BTC in March while selling 80 BTC from its treasury. Total holdings have dropped to 1,794 BTC, valued at approximately $131 million at current […]
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