Ripple MiCA Approval Boosts RLUSD, Leaves XRP at $1.10 Support
Ripple has secured preliminary Crypto Asset Service Provider approval from the Luxembourg CSSF under the EU’s MiCA regulation, and XRP dropped 3% on the news. The token is trading at $1.10, down 5% over 24 hours, with the crypto market providing no…
OKX Europe chief says 80% of crypto exchanges won't survive MiCA as deadline nears
OKX Europe CEO Ghoos said 80% of exchanges won't survive MiCA as ESMA forces unlicensed firms to cease EU operations by July 1.
Crypto industry groups urge Congress to pass tax staking and mining bill unchanged
Crypto advocacy groups are urging Congress to pass a tax bill, saying the measure would provide clarity on mining and staking rewards.
CME Group Sues CFTC Over Competitor Crypto Perpetual Futures Approval
CME Group, the world’s largest traditional futures exchange, has filed a federal lawsuit against the Commodity Futures Trading Commission (CFTC), as detailed in the official announcement. This legal action challenges the CFTC’s recent…
XRP Price Prediction: Ripple Taps Indonesia, Philipines, and Vietnam Market
XRP price prediction is getting bullish as Ripple expands to Southeast Asia. Yet, the price hasn’t caught up to the story. A resurfaced SBI Remit announcement confirms live XRP-powered remittance infrastructure across Indonesia, the Philippines,…
TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures
“We expect CME will seek a preliminary injunction to block perps as the case proceeds,” said TD Cowen’s Jaret Seiberg.
CFTC Resolves Celsius Case Against Alex Mashinsky With Permanent Trading Ban
The CFTC resolved its civil action against Celsius founder Alex Mashinsky, with a consent order imposing a permanent trading and registration ban.
What Is the CLARITY Act? The Crypto Market Structure Bill Explained
The CLARITY Act, formally the Digital Asset Market Clarity Act, is a proposed US cryptocurrency market structure bill that would establish a federal framework for how digital assets are issued, traded and regulated in the United States. The bill focuses…
Federal Reserve rolls out proposing rulemaking requiring stablecoin issuers to maintain customer identification program
The Fed rolled out a rule requiring stablecoin issuers to have a program in place to identify customers to combat illicit finance.
‘Biggest spend of the cycle: †Fairshake crypto PAC’s pick Barry Moore wins Alabama GOP Senate primary
Rep. Barry Moore clinched a win in Alabama after being bolstered by millions of dollars from the crypto industry.