Hold onto your hats, crypto enthusiasts! The United States digital asset landscape just underwent a seismic shift, and it happened in the blink of an eye. Forget about slow-moving legislative processes or endless debates; the Commodity Futures Trading Commission (CFTC) has stepped up, delivering a critical regulatory framework that is already sending shockwaves through the … Read more
Bitcoin’s price on Friday shot above $81,000 — despite a week of setbacks for the crypto industry. The biggest coin was recently trading for $80,982, after jumping as high as $81,055 at one point Friday morning in New York. Over the past 24 hours, it has risen by nearly 6%. Its surge comes after lawmakers … Read more
European Central Bank President Christine Lagarde stopped Binance from operating in the European Union, according to a Wall Street Journal report. The newspaper on Thursday reported that the top crypto exchange was on the cusp of operating in the trading bloc but then was told it couldn’t after the central bank chief waded in. EU … Read more
The Commodity Futures Trading Commission on Thursday sent a proposal to the White House to regulate crypto transactions and markets. It isn’t clear what the regulations will look like from the post on the Office of Management and Budget’s website. The proposal is titled “Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets.” The CFTC’s … Read more
The US Commodity Futures Trading Commission has submitted a new regulatory action covering crypto asset transactions and markets for White House review, as the agency moves forward with its approach to overseeing the digital asset sector. According to a filing with the Office of Information and Regulatory Affairs, the action, titled “Regulation Crypto Asset Transactions … Read more
Banks are rapidly expanding their presence in Europe’s regulated crypto market, with traditional lenders now accounting for nearly one in four providers listed under the European Union’s Markets in Crypto-Assets framework (MiCA). The number of banks on the EU’s MiCA crypto provider list doubled to about 80 from roughly 40 between June 26 and Sept. … Read more
The U.S. is continuing to target Iran’s use of bitcoin. In a Thursday statement, the U.S. Department of the Treasury designated BitBank, an Iranian crypto exchange, as part of Operation Economic Outcast — the Trump Administration’s whole-of-government economic campaign against the Islamic Republic of Iran and its enablers. The U.S. has sanctioned Iran for decades. … Read more
World has launched World Money, a self-custody financial “super app” combining stablecoin payments, digital asset rewards and trading. The rollout began Thursday in more than 150 countries, World said, with features varying by location. Users can send supported digital assets, including stablecoins, to a recipient’s World username, deposit eligible assets to earn rewards, and buy … Read more
Something massive just hit the Bitcoin market. In a matter of hours, a huge amount of Bitcoin, around 50,000 BTC, has been moved. This is a big deal. It’s causing a lot of worry and uncertainty among investors. We need to figure out what’s happening and why it matters. This isn’t just a small transaction. … Read more
Two years ago, Bitcoin-backed digital credit barely existed. Today it’s a roughly $16 billion market and Dan Hillery of UXTO thinks the financialization layer on top of Bitcoin could one day rival the network itself. In the debut episode of The Allocators Edge, Hillery breaks down how variable-rate preferred securities like STRC and SATA are … Read more