BIS-funded regulator to probe DeFi entry points like stablecoins
Despite providing many novel services, DeFi does not differ substantially from traditional finance in its functions, the Financial Stability Board stated.
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin.
Wyoming lawmakers pass bill to prevent forced disclosure of private keys
The only exception to the law will be where the public key is unavailable to disclose details of the digital asset, digital identities, interest or right.
Galaxy Digital CEO ‘wouldn’t be surprised’ if Bitcoin hit $30K this quarter
Recent positive Bitcoin price action has been linked to a slowdown of U.S. inflation, Mike Novogratz thinks the price rally could sustain until the end of March.
SEC proposes tougher rules as part of its crypto custody crackdown
The new proposals set forth by the Gensler-led Securities and Exchange Commission seek to “expand the scope” of rules set out by the 2009 Custody Rules.
US lawmakers reintroduce bill to removing roadblocks for crypto investments in retirement accounts
Four Republican senators have signed on to a bill aimed at barring the U.S. Department of Labor from investigating individuals “using brokerage windows to invest in cryptocurrency”.
Judge allows release of guarantors' identities behind Sam Bankman-Fried's bail
Court documents showed Stanford University research scientist Andreas Paepcke and former Stanford Law School dean Larry Kramer signed on as sureties to SBF’s $250-million bond.
SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price
Traders are pivoting into decentralized solutions like GMX, LDO and MKR as the U.S. Securities and Exchange Commission cracks down on the crypto industry.
Kansas state lawmakers look to cap crypto political donations at $100
Under the proposed amendments, crypto campaign contributions under $100 were acceptable, provided the receiver immediately convert the funds to USD and not HODL them.
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