Representative Wiley Nickel, a Democrat from North Carolina, sent the request straight to US SEC Chair Paul Atkins, calling out the requirement for real transparency. With the agency’s mixed messages and recent legal battles stirring even more confusion in the crypto world, Nickel wants answers on how the SEC came
Wall Street most talk about the firm, GameStop, has become an unlikely force in the world of cryptocurrency. The company purchased more than 4,710 Bitcoin, totaling more than half a billion dollars, as part of a broader strategic shift toward digital assets. The shift is part of the company, which
The former CEO of Strategy, Michael Saylor, is optimistic that the crypto market winter will not return. He has also speculated that the increased adoption of BTC and unusual daily supply will take it to $1 million. On June 10, Saylor told Bloomberg that winter is not coming back and
French banking powerhouse Société Générale, through its crypto subsidiary SG-Forge, has launched a U.S. dollar-pegged stablecoin, USD CoinVertible (USDCV), marking a significant step in institutional crypto adoption across Europe. The announcement, made Tuesday, confirms the stablecoin’s launch on the Ethereum and Solana blockchains, offering new capabilities for 24/7 fiat-to-stablecoin conversions.
Canary Capital just got one step closer to launching a staking-based crypto ETF in the United States by setting up a Delaware trust called the Canary Staked INJ ETF, according to its official recent corporate filings. It’s the exciting first big move toward a US-listed exchange-traded fund for the Injective
In a major effort to legalise cryptocurrency regulation, South Korean representative Min Byeong-deok proposed a sweeping new bill on Tuesday that would transform the country’s digital asset ecosystem. The Digital Asset Basic Act bill, as it is called, creates a new licensing system for stablecoin issuers and establishes general rules
U.S. lawmakers are moving closer to passing significant cryptocurrency legislation as members of the House Financial Services Committee prepare to mark up the Digital Asset Market Clarity Act of 2025 (CLARITY Act). A critical amendment introduced ahead of the hearing proposes exemptions for certain blockchain developers, marking a step forward
In a major leap forward for Bitcoin and DeFi, Cardano founder Charles Hoskinson has introduced the Cardinal Protocol, the first truly decentralized Bitcoin DeFi platform to launch on Cardano. Built by Input Output HK (IOHK), this new system lets Bitcoin holders wrap their UTXOs and jump into DeFi activities like
The Securities and Exchange Commission is creating a new method to encourage cryptocurrency growth and still keep an eye on the fast-changing digital asset industry. Paul Atkins, the chair, announced that an “innovation exemption” framework could change how crypto companies function in the United States. Temporary Relief to Drive Market
Bitcoin treasury firm Strategy has acquired an additional 1,045 BTC for $110.2 million. This acquisition, made between June 2 and June 8, brings its total holdings to 582,000 BTC. The average purchase price was $105,426 per coin, according to a June 9 SEC filing. This marks the ninth consecutive week
