US House Agriculture Committee holds hearing on crypto regulation amid SEC lawsuits
In light of recent legal actions taken by the Securities and Exchange Commission (SEC) against major cryptocurrency exchanges Binance and Coinbase, the House Agriculture...
AI could threaten humanity in 2 years, warns UK AI task force adviser
The adviser to the U.K. prime minister's AI task force has expressed the need for regulation and control over large AI models within the...
$300 Million in Liquidations in Wake of Latest SEC Enforcement Action
Over the last 12 hours or so, long positions worth more than $270 million have been liquidated, according to CoinGlass. In addition, the crypto...
Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill
On June 6, Coinbase, Robinhood, and representatives from the US commodities regulator will testify before Congress to talk about a recently proposed crypto bill.The...
Tether invests in El Salvador’s $1B renewable energy project
Stablecoin issuer Tether has revealed its partnership with El Salvador, a Bitcoin-friendly nation, to invest in a renewable energy initiative worth $1 billion. This...
SEC sues Binance and CZ for securities violations
The U.S. Securities and Exchange Commission (SEC) is initiating legal action against Binance and its CEO, Changpeng Zhao (CZ). According to the SEC lawsuit,...
PayPal Invests in Cutting-Edge Technology Innovation
A strategic fundraising round headed by PayPal Ventures raised $52 million for San Francisco-based wallet-as-a-service (WaaS) provider Magic, raising the company's valuation to just...
Is Ripple’s Unconditional Victory over SEC Inevitablе?
As the long-running litigation comes to an end, pro-XRP attorney John Deaton has predicted that the United States Securities and Exchange Commission has a...
House Republican Leaders Release Discussion Draft To Draw Clear Lines on Digital Asset Definitions
Republican lawmakers in the US House Financial Services Committee and the House Agriculture Committee have collaborated to draft legislation aimed at regulating digital assets....
CBDC ‘may not be a compelling priority,’ says Kenya’s central bank
The Central Bank of Kenya has received feedback on a paper discussing the possibility of introducing a digital version of the Kenyan currency. The...
