Clarity Act Chaos? Automating Compliant Crypto Yield with AI
The U.S. Senate is moving to unbanned passive stablecoin yield from every regulated platform in the country, as the industry is already engineering its way around it. The CLARITY Act has previously extended a yield prohibition that the earlier Genius Act…
SEC Puts Off Crypto Stock Plans—Bitcoin Drops Under $76,000
Bitcoin (BTC) and much of the broader crypto market fell sharply Friday evening after the US Securities and Exchange Commission (SEC) delayed a plan that would have provided broad exemptions for US crypto firms to trade tokenized assets tied to stocks.…
Kraken Resumes Crypto Staking for U.S. Customers
Cryptocurrency exchange Kraken has officially resumed its staking services for the U.S. customers, marking a significant comeback after a regulatory battle with the Securities and Exchange Commission (SEC), forced it to shut down staking in 2023. On…
eToro Settles with SEC: A New Chapter for Crypto Trading in the U.S.
In a significant development for the cryptocurrency market, eToro USA LLC has reached a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement involves eToro paying a $1.5 million fine and agreeing to cease trading most crypto…
U.S. Representative Tom Emmer Calls for Removal of SEC Chair Gary Gensler
U.S. Representative Tom Emmer, alongside Representative Warren Davidson, has introduced the SEC Stabilization Act, aiming to remove Gary Gensler from his position as Chair of the Securities and Exchange Commission (SEC). This legislation comes amid…
Nigeria’s SEC Sets 30-Day Deadline for Crypto Exchanges and Digital Asset Traders to Re-register
In a significant move to regulate the burgeoning digital asset market, Nigeria’s Securities and Exchange Commission (SEC) has issued a directive to all cryptocurrency exchanges and digital asset traders operating within the country. They have been given…
Uniswap Responds to SEC Wells Notice: A Battle for DeFi
Uniswap Labs, the team behind the popular decentralized exchange protocol Uniswap, recently found themselves in the crosshairs of the U.S. Securities and Exchange Commission (SEC). The SEC issued a Wells notice, indicating their intent to recommend legal…