Gary Gensler, the United States Securities and Exchange Commission (SEC) Chair, has supported President Joe Biden's appeal for an unprecedented $2.4 billion in funding for the regulatory body. Gensler presented his testimony in defence of the proposed budget...
Source: Coinmarketcap The crypto market faced a major setback when the U.S. Commodity Futures Trading Commission (CFTC) announced that it was taking legal action against Binance, the world's largest cryptocurrency exchange. On Monday, March 27, the CFTC filed...
Gary Gensler, the US Securities and Exchange Commission (SEC) chair, will testify before the House Financial Services Committee for the first time on April 18. Representative Patrick McHenry, who chairs the committee, has confirmed in an interview that...
Liberal Senator for New South Wales, Andrew Bragg, has submitted a private bill that proposes regulations for cryptocurrency services in the country to the Australian Parliament. I have now introduced the Digital Assets (Market Regulation) Bill in the...
According to a March 28 report, the Bank of Russia's CBDC pilot program will not begin on its previously announced date of April 1, 2023. The legislation that backs the program has only passed the first reading in...
China has taken an active interest in fostering its fintech industry and promoting blockchain technology, despite its negative stance on cryptocurrencies. The Ministry of Industry and Information Technology, which oversees the Chinese fintech industry, announced plans to enhance...
Coinme, a popular U.S. cash exchange for cryptocurrencies, and the Stellar Development Foundation, a non-profit organization committed to promoting the growth and development of the Stellar network, have announced that Circle's USDC can now be accessed on Stellar...
Everything Blockchain Inc. has partnered with the Center for Internet Security, Inc. (CIS), a nonprofit organization committed to improving cybersecurity for a more secure and connected world. According to Everything Blockchain's CEO, Toney Jennings, they are thrilled to...
The cross-chain liquidity protocol THORChain has suspended all trading activities on its network after new claims about a potential vulnerability in the network surfaced. In a tweet on March 28, THORChain clarified that the measure was taken as...
Nearly one billion dollars in cryptocurrency reportedly left the wallets of the crypto exchange platform Binance, as the U.S. Commodity Futures Trading Commission (CFTC) indicted Changpeng Zhao, the platform's CEO, and the platform itself for regulatory violations. Thanefield...
