Regulation

Several federal and state government entities, as of late, have worked hard to better understand the crypto industry and implement appropriate regulation to ensure safety amongst traders, though not all these attempts have been successful, and in Illinois, a new crypto bill has come to a dead standstill and is now facing the possibility of being vetoed later in the year. New Illinois Crypto Bill Appears to Be Stuck in the Mud Known as House Bill 3479, the document...

CoinspeakerXRP Becomes White Knight of Crypto, Thwarts Regulation Woes Despite the surge in the crypto market, Ripple's legal victory does not guarantee smooth sailing for XRP or the broader altcoin sector. XRP Becomes White Knight of Crypto, Thwarts Regulation Woes

Do the present lawsuits against Binance and Coinbase raise any red flags? A law professor at Rutgers University named Yuliya Guseva believes they do, and she thinks it’s highly unlikely nations like the U.S. will be able to dole out proper regulation before financial agencies do irreparable damage. Yuliya Guseva on the State of Crypto in America In a recent interview, Guseva said: The future of crypto-asset regulation in the U.S. is not fully predictable. Right...

Merely hours after the Securities and Exchange Commission (SEC) filed lawsuits against both Binance and Coinbase – two of the biggest and most popular digital currency trading platforms in the world – the agency’s head Gary Gensler made comments that the entire crypto industry is “built on non-compliance” and that the U.S. doesn’t “need more digital currency.” The SEC Is Mixed Up With that latter comment, it truly becomes clear what Gensler is all about… Getting...

[Press Release – San Diego, CA, July 22nd, 2023] NFT collection Dimension X has announced that it is to launch on Ethereum on August 8. The Ethereum-based digital cards can be used in a corresponding RPG game. Community members have the opportunity to register for a chance to mint an allowlisted NFT. The allowlist raffle for Dimension X closes on July 31 at 10am PST. The total supply for the collection has been set at 10,000 NFTs comprising 7,197 raffle mints and 2,803...

The legal war between the United States Securities and Exchange Commission and Ripple Labs appears to be far from over. While the latter managed a partial win following a recent court ruling, the Commission doesn’t seem to be backing down just yet. According to a recent report by Bloomberg, the United States Securities and Exchange Commission has asked a federal judge to ignore key parts of the recent ruling in the agency’s case with Ripple Labs. The watchdog argues that the...

CoinspeakerMelania Trump’s ‘Man on the Moon’ NFT Drop at Odds with NASA Regulations NASA’s Regulations on Merchandising Requests and Media Usage Guidelines strictly prohibit the use of its intellectual property in NFT. Melania Trump’s ‘Man on the Moon’ NFT Drop at Odds with NASA Regulations

A new crypto bill designed to at least create a basic framework for crypto regulation in the United States has been submitted to Congress for review and subsequent approval. Is Regulation in the U.S. Getting Stronger? The 162-page draft bill was introduced by House Financial Services Committee chair Patrick McHenry, a republican from North Carolina, and House Agriculture Committee chair Glenn Thompson, a republican from Pennsylvania (leave it to the republicans to...

The cryptocurrency industry has undoubtedly witnessed tremendous growth and innovation since its inception, attracting millions of users and billions of dollars in investment. However, as the industry evolves, it faces increased scrutiny from regulators worldwide. For this reason, Binance, the world’s leading crypto exchange, has taken significant steps to establish a robust compliance program and assemble a dedicated team to ensure it complies with global regulations while...

French Hill – a republican representative of Arkansas – is passionate about crypto, and he’s taking a leading role in ensuring the U.S. invokes appropriate crypto regulation in the coming future. French Hill and Digital Currency Hill is currently leading a discussion amongst House republicans on the uncertainty of crypto in the U.S. He also serves as the House Financial Services Committee’s vice chair and leads its Subcommittee on Digital Assets, Financial...