The Chairman of the Financial Services Committee of the United States, Patrick McHenry, who is serving the tenth Congressional District has introduced the Clarity for Payment Stablecoins Act through Bipartisan vote. In Washington, this Thursday, Chairman McHenry laid the foundation for regulating the stablecoin providers with strong consumer protection. This
Coinbase, the United States-based cryptocurrency exchange, has announced that it will halt the staking service in four states in the United States. Coinbase, one of the largest and most prominent cryptocurrency exchanges, made this decision to comply with the legal requirements imposed by the regulatory authorities in those states. 1/
Florida Governor Ron DeSantis has made a strong statement ahead of the 2024 elections. United States presidential candidate Ron DeSantis has pledged to ban central bank digital currencies (CBDC) on day one if he emerges victorious in the 2024 elections. It sparks discussions about the future of money, technological advancements,
A major crypto twist unfolded in the crypto market as Ripple’s XRP experienced a resurgence. Several prominent exchanges have announced their plans to relist XRP. The surge follows a U.S. federal court ruling that declared the sale of XRP on exchanges and through algorithms as not constituting investment contracts. This
The U.S. president, Joe Biden, is gearing up for his upcoming campaign and has made a significant promise related to the crypto market and traders. The rise of the crypto market has presented a unique set of challenges for traditional tax frameworks. Biden stated that he was going to reform
In the ever-evolving landscape of cryptocurrency, the emergence of stablecoins creates waves, offering a refuge for investors in the tumultuous seas of digital finance. Buoyed by robust reserves and promising stability in a volatile market, these digital tokens have rapidly become a preferred asset. Moreover, leading banking institutions and federal
Coinbase, a leading crypto exchange platform, succeeded in its effort to submit customer complaints to private arbitration. The U.S. Supreme Court backs the crypto exchange’s request to postpone customer lawsuits. Coinbase has achieved a significant legal victory in its ongoing battle to resolve customer lawsuits through private arbitration. The U.S.
This July, the U.S. House Financial Services Committee, under its Chair, Patrick McHenry, is slated to vote on two pivotal pieces of legislation. These laws could decisively influence the future of digital assets, particularly cryptocurrencies and stablecoins. U.S. House committee to vote on crypto, stablecoin legislation in July https://t.co/WtpcTxX2GY —
The CEO and Co-founder of Coinbase, Brian Armstrong says that crypto belongs in America. However, crypto will enrich the updated financial status ad support the efficient way of payments and settlements processes, he added. What Does Brian Armstrong Say? The public policy of Coinbase declares that America will be moved
As the world shifts progressively towards the digital, Animoca Brands is looking beyond national confines. Significantly, the multinational technology company intends to expand its operations worldwide. Despite recent events regarding its SAND token, global ambition remains undeterred. In a surprising twist, the SAND token has been dubbed unregistered security by
