The chairman of the Securities and Exchange Commission of the United States, Paul Atkins, has faced scrutiny on May 21 for the stance of the SEC on Trump-associated mememecoin and its management of the fraud case associated with Justin Sun. The questions arose at the time of a House Appropriations
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on rule changes that would allow for the trading of proposed exchange-traded funds (ETFs) tracking XRP and Dogecoin, two of the world’s largest cryptocurrencies by market cap. The decision affects filings by 21Shares, which proposed an XRP ETF, and
New York City’s Mayor Eric Adams has doubled down on his pro-crypto stance, announcing the creation of a new Digital Assets Advisory Council aimed at transforming New York into the world’s “crypto capital.” The announcement at the NYC Crypto Summit on May 20 signals the city’s intent to lead in
Robinhood has filed a proposal with the U.S. Securities and Exchange Commission (SEC), seeking a unified federal framework for trading tokenized real-world assets (RWAs). The proposal marks a pivotal moment in bridging traditional finance with blockchain innovation. The core of Robinhood’s plan is legal clarity. Instead of pushing new technology
India is popular for its stringent stance on cryptocurrencies. Government officials have multiple times mentioned cryptocurrencies during Union budgets and imposed hefty taxes. However, the country has a huge number of crypto investors and developers, who contribute to its ecosystem. The Supreme Court of India is involved in the matter
Bitcoin developer Ben Allen has been awarded a $100,000 grant by investment firm Maelstrom to support the continued development of Payjoin, a privacy-enhancing transaction tool designed to make Bitcoin (BTC) usage more secure and efficient. Announced on May 20, the grant will allow Allen and developer Dan Gould to accelerate
Binance has formally requested the dismissal of a $1.76 billion lawsuit filed by the FTX bankruptcy estate, calling the case legally flawed and an attempt to deflect responsibility from FTX’s internal mismanagement and fraud. Filed in Delaware court, Binance’s motion argues that the now-defunct exchange is wrongly attributing its collapse
Festo Ivaibi, the founder of a pivotal educational hub for Africans, Mitroplus Labs, has become a crypto figure to lost his capital to criminal gangs and has been abducted. The gang demanded a capital worth $500,000 with access to the crypto wallet of the founder. They posed as Ugandan security
Imagine if The Onion and ChatGPT had a crypto baby, and that crypto baby lived and played in the weirdest corners of the Internet. Some might say A47 – the artificial intelligence (AI)-powered meme ecosystem is that baby, only it’s backed by quality tech and an actual purpose. As the
South Korea’s second-largest crypto exchange, Bithumb, is staging an aggressive comeback. After years of struggle and losing ground to rivals, Bithumb now commands 25% of South Korea’s cryptocurrency trading volume, a significant leap from its single-digit share in 2023. The resurgence comes just ahead of its planned $1 billion IPO
