U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned cryptocurrency exchanges that providing investor disclosures does not shield them from regulatory scrutiny. In a recent interview with CNBC, Gensler emphasized that disclosures are insufficient if crypto exchanges engage in market manipulation or disseminate misleading information affecting investment decisions. ...
According to Yat Siu, co-founder of the Hong Kong-based game software company and venture capital firm Animoca Brands, the global cryptocurrency ecosystem is set for exponential growth in the coming years, with the potential to expand up to 200 times within a decade. Currently valued at approximately $2.7 trillion, the ...
Former President and presumptive Republican presidential nominee Donald Trump has made it clear that, during his potential administration, the U.S. would be a global leader in the crypto space. At the 2024 Libertarian National Convention held at the Washington Hilton in Washington, D.C., Trump delivered a passionate speech outlining his ...
Crypto markets are abuzz with renewed optimism as speculation mounts that a spot Ether (ETH) exchange-traded fund (ETF) may soon receive approval. This surge in confidence follows reports that the U.S. Securities and Exchange Commission (SEC) has reversed its stance on spot Ether ETFs, allegedly due to political pressure. And ...
On May 14, Tether reportedly froze USDT worth $5.2 million stored in 12 Ethereum wallets now tagged as "USDT Banned Address." According to the crypto tracking platform MistTrack, these wallets have been linked to phishing scams, and the addresses were used to launder funds obtained through fraudulent activities. Tether's history ...
Former U.S. President Donald Trump has signalled his intention to accept cryptocurrency donations for his 2024 presidential campaign, according to a video circulating on social media for the past 12 hours. The video clip shows the former President, who is also the leading candidate for the Republican party for the ...
UK Treasury official Bim Afolami has criticized what he perceives to be an overregulation of the nation's crypto landscape. Speaking at an event on May 8, 2024, Afolami emphasized the importance of ensuring that regulatory scrutiny does not undermine the crypto industry's growth and innovation potential. Afolami claimed that the ...
As a testament to the increasing confidence in cryptocurrency projects, funding for the ecosystem now stands at $3.67 billion across 604 funding rounds thus far in 2024. Crypto venture capital (VC) funding has sustained positive momentum, surging past the $1 billion mark for the second consistent month. According to data ...
Cyprus authorities have lauded the Council of Europe's Committee evaluating Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL)'s positive assessment of the country's financial regulations framework. Cyprus's Securities and Exchange Commission (CySEC), in a press release published on May 3, 2024, described it as a resounding "vote of confidence" ...
Chinese authorities have launched an investigation targeted at Yao Qian, a leading pro-blockchain government official, on suspicion of legal violations, according to a report by the local news outlet, the Shanghai Securities News, on April 26. According to the report, Yao is being investigated for a "serious violation of discipline ...
