CFTC votes on allowing DLT-based collateral in commodities and derivatives trading
CFTC’s subcommittee recommends using DLT-based collateral in trading. Approval could broaden access to digital assets for smaller market participants. Strong ETF inflows signal growing institutional interest in digital assets. In a significant development for the digital assets market, the US Commodity Futures Trading Commission (CFTC) is reportedly considering a proposal that would enable the use […]
US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under SEC rules
US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under current regulations. SEC plans new regulations for DeFi and trading systems to protect investors. Crypto firms, including Coinbase, push back against expanding regulatory scope. In recent statements, SEC Chairman Gary Gensler has firmly reiterated that Bitcoin is classified as a non-security under existing […]
PayPal enables crypto buying and selling for US business accounts
PayPal enables US business accounts to buy, hold and cell crypto. Service will initially be unavailable to users in New York State. PayPal has expanded the feature that allows consumers to buy, hold and sell cryptocurrencies in the US to business accounts. In an announcement on Sept. 25, PayPal said clients with businesses across the […]
Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases. This post was originally published on this site
Coinbase faces legal setback as judge allows shareholder lawsuit to proceed
Judge allows parts of Coinbase’s shareholder lawsuit to proceed on negligence claims. Plaintiffs allege Coinbase misled about regulatory risks; some claims dismissed. Coinbase remains confident and committed to defending against the remaining allegations. In a significant legal development, US District Judge Brian Martinotti has partially a motion filed by Coinbase to dismiss a class action lawsuit […]
Bernstein analysts predict Bitcoin surge to $90k if Trump wins
Bitcoin could surge to highs of $90k if former US president Donald Trump wins the next election in November, analysts at brokerage and research firm Bernstein predict. Analysts at the brokerage shared the prediction in a note to clients on September 9. Bernstein says a “Trump trade”, as they referred to a potential win for […]
Bitcoin Dogs (0DOG) surges as Bitcoin (BTC) demand increases in the US
Bitcoin Dogs’ token 0DOG surges after launching a high-APY liquidity pool. Rising Bitcoin interest in the US boosts 0DOG’s value amid broader market trends. Despite a US demand spike, global Bitcoin demand and profits remain weak. The cryptocurrency market is abuzz with recent developments as Bitcoin Dogs’ native token, 0DOG, experiences a dramatic surge amidst […]
Donald Trump unveils plan to make USA the ‘crypto capital of the planet’
Donald Trump aims to make the US the “crypto capital of the planet” if elected. His sons’ World Liberty Financial may involve real-world assets and tokenization. Trump has promised a Bitcoin reserve and to replace SEC chair Gary Gensler. In a bold move that could reshape the landscape of digital assets in the United States, […]
Crypto.com teams up with PayPal to simplify US crypto purchases
com integrates PayPal for US users to simplify crypto purchases. The partnership allows seamless transfers and topping up Crypto.com Visa Cards. The PayPal feature on Crypto.com is currently only available in the US but is expected to expand to more markets in future. Crypto.com has announced a strategic partnership with PayPal, further expanding its offerings […]
Crypto.com adds PayPal payment method for US customers
Crypto.com integrates PayPal for US users to simplify crypto purchases. The partnership allows seamless transfers and topping up Crypto.com Visa Cards. The PayPal feature on Crypto.com is currently only available in the US but is expected to expand to more markets in future. Crypto.com has announced a strategic partnership with PayPal, further expanding its offerings […]