Tag: Cryptocurrency

CFTC proposes crypto rule following Clarity Act setback

Following the legislative setback of the Clarity Act, the CFTC submitted a new crypto proposal to the White House to oversee digital asset transactions and markets independently.

SEC Approves Tokenized Stocks Despite Clarity Act Stall

The SEC has approved a five-year Innovation Exemption allowing platforms to facilitate tokenized stock trading on the blockchain, moving forward despite the failure of the Clarity Act in Congress.

Bitcoin Stabilizes Following Federal Reserve Rate Hike

Bitcoin prices stabilized after an expected Federal Reserve rate hike by the U.S. central bank, lifting the benchmark rate to between 3.75% and 4% amid ongoing inflation concerns.

Deutsche Bank Launches Bitcoin Custody Service for Institutions

Deutsche Bank announced plans to launch a bitcoin custody service for institutional and corporate clients in Europe before the end of the year, joining a growing trend among major global financial institutions.

Lummis Thanks Trump Over Ethics Pact as Clarity Act Faces Vote

Senator Cynthia Lummis thanked President Donald Trump for accepting strict ethics restrictions to help secure passage for the upcoming Clarity Act vote, which aims to establish a clear regulatory framework for digital assets.

Mastermind of $245M Cryptocurrency Heist Enters Guilty Plea

Malone Lam, a 22-year-old Singapore native living in Miami, has pleaded guilty to masterminding an international cybercrime ring that stole $245 million in cryptocurrency to fund an extravagant lifestyle.
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Report Claims ECB President Blocked Binance EU Launch

A recent report reveals that European Central Bank President Christine Lagarde intervened to block Binance from expanding its operations into the European Union, citing concerns over past financial crimes and dollar-dominated stablecoins.

CFTC proposes crypto rule following Clarity Act setback

Following the legislative setback of the Clarity Act, the CFTC submitted a new crypto proposal to the White House to oversee digital asset transactions and markets independently.

Bitcoin Surges Past $81K Amid Rate Hike and Clarity Act Stall

Bitcoin's market value climbed past $81,000, gaining nearly six percent despite a turbulent week marked by a stalled Clarity Act and an interest rate hike from the Federal Reserve.

VanEck notes Bitcoin network’s awareness of quantum threat

VanEck's Matthew Sigel stated that the Bitcoin community is actively preparing for quantum computing threats despite slow upgrade processes caused by decentralization.

Outlook for Bitcoin Lending Over the Next 3 to 5 Years

SALT Lending CRO Hunter Albright predicts that more Bitcoin owners will borrow against their holdings instead of selling over the next three to five years, integrating stablecoins for liquidity.