The discussion regarding Central Bank Digital Currencies (CBDCs) in the United States has gained significant traction, especially with recent remarks from Federal Reserve Governor Christopher Waller. Speaking at The Clearing House Annual Conference, Waller challenged the necessity of CBDCs in the current U.S. payment ecosystem. His skepticism invites us to reevaluate the actual needs of
Regulation
In recent discussions, venture capital firm Andreessen Horowitz, also known as a16z, has articulated a compelling vision for the future of the U.S. cryptocurrency market should Donald Trump secure reelection. The firm’s leaders—Miles Jennings, Brian Quintenz, and Michele Korver—express confidence that a political change of this magnitude could greatly facilitate bipartisan collaboration aimed at advancing
The U.S. Securities and Exchange Commission (SEC) has made headlines with its recent decision to postpone the approval of options trading for Ethereum (ETH) exchange-traded funds (ETFs). In a filing dated November 8, the SEC cited the necessity for additional scrutiny and analysis of the market impacts surrounding the proposal. This delay affects prominent ETFs
As Donald Trump takes the helm again, his transition team is busy drafting a plan that includes appointing a range of corporate attorneys and experienced Republican regulators to key financial oversight positions. This initiative reflects an effort to overhaul the current regulatory climate, particularly in the context of the ongoing debates surrounding cryptocurrency and banking
Polymarket, a groundbreaking cryptocurrency-based prediction market, has found itself under scrutiny by France’s National Gaming Authority (ANJ). Established in 2020, this platform allows users to place bets on the outcomes of various events—ranging from political elections to market trends—using blockchain technology. With its innovative model and the backing of influential figures in the crypto community,
Matthew Hougan, Chief Investment Officer at Bitwise, recently announced his perspective on the potential transformation of the cryptocurrency sector under a Trump administration following the November 6 elections. Reflecting on the situation, he suggests that the winds of change are aligning perfectly to usher in what he describes as a “Golden Age of Crypto.” This
The cryptocurrency landscape is evolving rapidly, with asset management companies keenly eyeing opportunities in the exchange-traded fund (ETF) market. One of the firms making headlines is 21Shares, which has recently submitted an application to the U.S. Securities and Exchange Commission (SEC) for a spot XRP ETF. This move signifies not only the growing demand for
The recent issuance of a Wells notice to blockchain gaming platform Immutable by the Securities and Exchange Commission (SEC) marks another chapter in the ongoing regulatory scrutiny faced by the crypto industry, particularly as the US approaches a pivotal election year. This particular action reflects a broader trend of what many in the cryptocurrency space
In a significant development for the cryptocurrency landscape, Hong Kong’s Financial Secretary, Paul Chan, has indicated an impending wave of licensing for crypto exchanges by the year’s conclusion. Speaking at the commencement of Hong Kong FinTech Week, Chan alluded to active evaluations being conducted by the Securities and Futures Commission (SFC) on various platforms seeking
In today’s increasingly interconnected world, cross-border transactions are essential to global trade and finance. However, navigating the complex web of regulatory frameworks poses significant challenges. Different jurisdictions often have divergent rules and compliance requirements, leading to increased costs, potential delays, and ultimately, inefficiencies. To address these pressing challenges, the Bank for International Settlements (BIS) has
