Agency

Donald Trump, the US Republican Presidential candidate, recently attended the Bitcoin 2024 conference in Nashville on July 27. During his appearance, Trump made bold promises to the crypto voters in attendance regarding the US government’s Bitcoin holdings. He stated that if elected, his administration would enforce a policy mandating the US government to retain “100%”
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During a hearing on July 11, Judge Katherine Polk Failla expressed doubts about Coinbase’s attempts to subpoena SEC Chair Gary Gensler in the ongoing case against the cryptocurrency exchange. The hearing highlighted Coinbase’s persistent efforts to obtain Gensler’s communications, including statements made before he assumed the role of SEC Chair in 2021. Judge Failla seemed
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In a recent Senate Agriculture Committee hearing, CFTC chair Rostin Behnam expressed openness to the idea of the agency becoming a primary regulator for cryptocurrencies. This proposal, if implemented, would involve changes to the definitions of securities and commodities. Senator Roger Marshall suggested that the CFTC take on the role of primary regulator for digital
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Bitwise Chief Compliance Officer (CCO) Katherine Dowling recently expressed optimism regarding the approval of spot Ethereum ETFs, stating that they are “close to the finish line.” She highlighted the positive reception from the SEC, mentioning that discussions about potential products have been well-received. In a recent interview with Bloomberg, Dowling mentioned that the SEC and
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Coinbase, the largest cryptocurrency exchange in the United States, has taken legal action against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). The exchange filed lawsuits alleging that both regulatory bodies failed to respond to information requests related to closed crypto cases. Coinbase is seeking to compel the SEC and
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The US Commodity Futures Trading Commission (CFTC) has reportedly launched an investigation into Jump Crypto, a prominent player in the crypto sector. The reasons for this probe have not been disclosed, but sources familiar with the matter have confirmed the federal agency’s interest in Jump Crypto’s trading and investment activities. Response from CFTC and Jump
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Reports reveal that Montenegrin Prime Minister Milojko Spajić made a significant investment in Terraform Labs back in April 2018, acquiring 750,000 Luna tokens for $75,000. This move positioned him as the 16th investor during the initial fundraising phase of the cryptocurrency project. Unfortunately, Terraform Labs’ cryptocurrency project failed in 2022, resulting in losses exceeding $40
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