As the United States approaches a pivotal change in leadership with the impending return of Donald Trump to the presidency, the Blockchain Association has articulated the urgent needs of the cryptocurrency and blockchain sectors. In a recent letter to Trump and Congress, Kristin Smith, CEO of the Blockchain Association, presents a compelling case for a
Regulation
The recent decision by the U.S. District Court for the Northern District of Texas has sent shockwaves through the financial regulatory landscape, particularly in the cryptocurrency sector. On November 21, the court ruled that the Securities and Exchange Commission (SEC) overstepped its statutory authority by enforcing its contentious dealer rule. This ruling comes on the
The cryptocurrency sector, once regarded as a speculative curiosity, has blossomed into a significant player in the global economy, boasting a market valuation around $3 trillion. As digital assets continue to gain traction, governments are increasingly recognizing the necessity for cohesive regulatory frameworks. Against this backdrop, a proposal for a dedicated “crypto czar” within the
Gary Gensler is set to conclude his role as Chairman of the U.S. Securities and Exchange Commission (SEC) on January 20, 2025, coinciding with the inauguration of President-elect Donald Trump. This announcement marks a significant transition within the agency that oversees the nation’s financial markets. Gensler, who assumed his position in April 2021, reflects on
The digital asset space in the UK is on the brink of transformation with the anticipated launch of the GBPA, a stablecoin anchored in pound sterling. Agant, the company behind this initiative, recognizes the urgent need for regulatory solutions within the fast-evolving digital asset landscape. With a growing base of over 6 million users and
The landscape of financial regulation is shifting dramatically as the digital asset ecosystem gains prominence. In this context, Jesse Powell, the founder of Kraken, has rallied support for Brian Brooks as the next Chair of the Securities and Exchange Commission (SEC). Powell’s endorsement is grounded in Brooks’ extensive background in finance, law, and regulation, essential
In an age where technology permeates every aspect of life, the line between digital innovation and national security has become increasingly blurred. Major Jason Lowery of the U.S. Space Force has taken a bold step towards merging these two spheres. By applying to serve as a military advisor on the National Security Council (NSC) and
The landscape of cryptocurrency regulation in the United States has become increasingly contentious, particularly under the leadership of Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC). Recent comments from notable figures, including Tyler Winklevoss, co-founder of the Gemini crypto exchange and a vocal critic of Gensler, have brought renewed attention to the
Following his election, Donald Trump has signaled a shift in the regulatory landscape, particularly concerning cryptocurrency enforcement. During his campaign, Trump pledged to reduce the focus on strict crypto regulations, a promise that seems poised to reshape the operational fabric of the U.S. Justice Department and its associated agencies. Current and former legal experts indicated
In a notable shift, the US Attorney’s Office in Manhattan is recalibrating its focus on prosecuting crimes related to cryptocurrencies. This decision comes on the heels of significant legal victories against prominent figures in the crypto world, including the high-profile conviction of Sam Bankman-Fried, the founder of the now-defunct FTX exchange. Scott Hartman, co-lead of