Regulation news · Page 102
Hoskinson Challenges Garlinghouse Over CLARITY Act Support Amid Legislative Doubts
Cardano's Charles Hoskinson criticizes Ripple's CEO Garlinghouse for his support of the controversial Digital Asset Market Clarity Act, highlighting political challenges.
Scaramucci and Armstrong Warn Stablecoin Regulations Favor China Over US Dollar
Scaramucci highlights how US stablecoin rules could weaken dollar competitiveness, favoring China's digital yuan and protecting incumbent banks from competition.
Warren Raises Alarm Over Crypto's Inclusion in Retirement Accounts
Senator Elizabeth Warren warns that allowing cryptocurrencies in 401(k) plans could lead to significant financial losses for Americans due to their volatility and risks.
Evernorth Aims to Bring XRP to Institutional Investors on Wall Street
Evernorth plans to bring XRP to Wall Street through a Nasdaq IPO, allowing institutions to invest without crypto ownership hurdles.
Ripple Proposes Innovative 'Lifespan' Regulation to the SEC to Transform Crypto Governance
Ripple urges the SEC for a new 'lifespan' rule for digital assets, proposing evolving regulations for cryptocurrencies like XRP based on their lifecycle stage.
Russia Moves Toward Normalizing Digital Currencies with New Bill: A Step Towards Everyday Use
Russia plans to normalize cryptocurrency use by drafting a bill to exempt digital assets from strict regulations, aimed at integrating them into daily life.
Google Play to Restrict Foreign Crypto Apps in South Korea Amid New Regulations
South Korea's new VASP rules will block unlicensed foreign crypto apps on Google Play, strengthening local exchanges like Upbit and Bithumb.
Interactive Brokers Enhances 24/7 Trading with Stablecoin Funding Options
Interactive Brokers enhances trading with 24/7 account funding using stablecoins USDC, RLUSD, and PYUSD, enabling quick deposits and global market access.
Interest in XRP Soars on X as Ripple Achieves Regulatory Successes
XRP search interest spikes on X, driven by Ripple's recent regulatory milestones and an upcoming XRP community event. Discover the latest on XRP trends.
Nexo Hit with $500,000 Fine by California for Issuing Unauthorized Loans
California fines Nexo $500K for issuing 'unlicensed' loans to thousands, highlighting ongoing regulatory issues in the crypto sector.
Utah Crypto Fraudster Sentenced to Three Years for Defrauding Investors of $2.9 Million
A Utah man was sentenced to three years in prison for defrauding investors of $2.9 million in a crypto cash scheme, highlighting federal enforcement in crypto fraud.
State Street Ventures into Digital Currency with New Institutional Platform
State Street Corp. launches a digital-asset platform for institutional clients, supporting tokenized deposits and crypto-backed funds amid growing interest in crypto.
Criticism Arose as Lawmakers Question SEC's Crypto Actions and Sun's Alleged Links to China
Democrats criticize the SEC for perceived leniency towards crypto firms, linking Justin Sun's alleged China ties to U.S. security concerns.
Concerns Grow as Citron Research Alleges Coinbase Fears Rival Securitize Amid Regulatory Changes
Citron Research alleges Coinbase fears rival Securitize, claiming it withdrew support for the CLARITY Act to hinder tokenization competitors.
Bank of America Chief Warns About $6 Trillion Impact of Interest-Bearing Stablecoins on Bank Deposits
Bank of America CEO warns that interest-bearing stablecoins could siphon $6 trillion from bank deposits, impacting lending for small businesses.
Wyoming Introduces Groundbreaking State-Backed Stablecoin on Solana Blockchain
Wyoming launches its first state-backed stablecoin, the Wyoming Frontier Stable Token, on Solana, ensuring transparency and compliance in blockchain finance.
Ripple Leader Supports Senator Scott’s Proposal for Crypto Regulation, Markup Session Delayed
Ripple CEO Brad Garlinghouse supports Senator Scott's crypto market structure bill, calling it a major advancement for regulatory clarity in the industry.
Manhattan DA Calls for Enhanced Regulations on Cryptocurrency to Combat Crime
Manhattan DA Alvin Bragg calls for stronger laws against unlicensed crypto operations, highlighting the urgent need to combat a $51 billion criminal economy.
Coinbase's Brian Armstrong Rejects Latest Version of Clarity Act, Citing Major Concerns Over Regulation and Innovation
Coinbase CEO Brian Armstrong withdraws support for the Clarity Act, citing major flaws that threaten innovation and privacy in the crypto sector.
SEC Closes Investigation into Zcash Foundation; No Charges Filed
The Zcash Foundation announced the SEC ended its investigation with no enforcement action, emphasizing its commitment to transparency and compliance.
