In a significant move indicative of the changing tides in American financial regulation, President Donald Trump has appointed Caroline Pham, a junior commissioner at the Commodity Futures Trading Commission (CFTC), as the agency’s acting chair. This decision, according to reports from Bloomberg News, marks a pivotal moment for Pham and the CFTC, a body that
Regulation
As the year 2025 approaches, the landscape of the cryptocurrency industry in Europe finds itself teetering on the edge of a significant regulatory evolution. With the implementation of the Markets in Crypto-Assets Regulation (MiCA), the European Union is poised to establish a comprehensive framework designed to enhance transparency, bolster consumer protection, and mitigate risks associated
In a groundbreaking move towards the future of digital finance, the New York Department of Financial Services (NYDFS) has joined forces with the Bank of England (BOE) to establish an initiative focused on harmonizing regulations for cryptocurrencies and digital assets. This partnership, unveiled on January 13, introduces the Transatlantic Regulatory Exchange (TRE), an ambitious program
The legal tussle between Ripple Labs and the United States Securities and Exchange Commission (SEC) has gained fresh momentum as the SEC has recently filed an appeal against a previous court ruling that favored Ripple. This situation has its roots in a dispute that began back in December 2020, revolving around the classification of XRP,
Senator Cynthia Lummis has taken a proactive stance regarding the imminent liquidation of 69,370 Bitcoins linked to the notorious Silk Road. In a recent communication directed to Ronald L. Davis, the Director of the US Marshals Services (USMS), Lummis articulated her apprehensions regarding the rationale and timing behind this sale. She argues that such a
On January 16, Nasdaq made headlines by submitting a 19b-4 Form to facilitate the listing and trading of a spot Litecoin (LTC) exchange-traded fund (ETF), which has been registered by Canary Capital. This move marks a pivotal moment in the crypto space, as analysts suggest that it represents the first step toward the approval of
Crypto.com has taken a significant step forward in the evolving landscape of digital currency regulation by securing in-principle approval for the Markets in Crypto Assets (MiCA) license. This pivotal moment places the company at the forefront of regulatory compliance within the European Union (EU), marking it as the first major global crypto exchange to achieve
Thailand is strategically navigating the intricate waters of cryptocurrency regulation, demonstrating both enthusiasm for technological advancement and caution regarding potential pitfalls. With global crypto adoption on the rise, the Thai government is reportedly considering the introduction of Bitcoin exchange-traded funds (ETFs) to enhance local investment offerings. This progressive leap aligns with a global trend, as
With the impending transition of power in the United States, significant shifts in regulatory frameworks appear to be on the horizon, particularly in the realm of cryptocurrencies. As President-elect Donald Trump prepares for his inauguration, the U.S. Securities and Exchange Commission (SEC) is reportedly gearing up to overhaul its approach to cryptocurrency enforcement. This expected
The ongoing legal disputes between billionaire entrepreneur Elon Musk and the U.S. Securities and Exchange Commission (SEC) have ignited discussions about corporate governance, financial regulation, and ethical responsibilities. Central to this controversy is Musk’s failure to timely disclose his significant investment in Twitter, now rebranded as “X”. This situation not only exposes the intricacies of