Senator Cynthia Lummis has filed an amicus brief backing Coinbase’s legal battle with the U.S. Securities and Exchange Commission (SEC). The Wyoming Republican accuses the agency of overstepping its authority and undermining Congress’s regulatory role. Lummis criticized the SEC’s enforcement-driven approach under former Chair Gary Gensler. She described it as
The revolutionary “Industry Guide on Secure Information Sharing Using Web3 Technologies” has been released by the National DigiFoundry Secure Information Sharing Workgroup. This guide highlights transformational solutions that are aimed at revolutionizing secure communication across industries. This guide presents concrete answers to solve the developing issues of information sharing in vital areas such as
Analog, the pioneers of blockchain interoperability Proof of Time protocol, has announced the closing of a $5 million fundraising round backed by leading venture capital companies. As Analog is ready to start its public token sale, the raise was completed, bringing its total investment to $21M. Analog serves as a
Tuttle Capital has made a bold move by filing for 10 leveraged cryptocurrency exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC). Notably, the list features Solana (SOL), XRP, Litecoin (LTC), and Cardano (ADA), alongside lesser-known tokens like TRUMP, MELANIA, BONK, Chainlink (LINK), and Polkadot (DOT). These ETFs
Scott Bessent, a billionaire hedge fund manager and vocal crypto supporter, has officially become the 79th US Treasury Secretary. The Senate confirmed his nomination with a 68-29 vote, following President Donald Trump’s recommendation. Bessent succeeds Janet Yellen and takes office at a crucial time for US fiscal and crypto policy.
The cryptocurrency market thrives on meteoric rises, with tokens like PEPE delivering incredible 1800% growth. Now, a new contender, Lightchain AI, is gaining attention as it aims to outshine PEPE and secure a top 10 spot by 2025. Currently in its presale phase at $0.005625 per token, Lightchain AI has
The U.S. Securities and Exchange Commission (SEC) has withdrawn Staff Accounting Bulletin No. 121 (SAB 121). It is a 2022 directive requiring financial institutions to categorize customer-held digital asset exposures as liabilities on their annual report. This change has been codified and is expected to improve the regulatory environment of
While the broader crypto market hangs on in bear territory, expectations for an upcoming rally are growing. Ripple’s XRP has followed suit, as speculation swirls about the impending end of the Ripple vs. SEC legal battle. The former Ripple director, Sean McBride, speculates that the ongoing Ripple-SEC case will either
Tortola, British Virgin Islands, 23rd January 2025, Chainwire
The U.S. Securities and Exchange Commission (SEC) has announced the formation of a dedicated crypto task force. The initiative aims to create a clear regulatory framework for digital assets, signaling a major shift in the agency’s approach under the new Trump administration. Acting Chairman Mark Uyeda revealed the plan on
