SEC rethinks controversial crypto rule – Here’s what you need to know
Acting Chairman Mark Uyeda just made a move that could change everything—here’s what it means for the industry.
Read More...Economic Turmoil: Crypto Market Loses 25% Of Value As Recession Worries Mount
The crypto market is experiencing a significant downturn this week, driven by growing concerns over a potential trade war and disappointment surrounding the US government’s crypto reserve plans. A recent interview with President Donald Trump, in which he hinted at the possibility of a recession, has further unsettled investors.
Read More...Crypto ETPs Experience Fourth Consecutive Week of Outflows, Totaling $876 Million, CoinShares Reports
Cryptocurrency exchange-traded products (ETPs) have faced another round of outflows, totaling $876 million for the week ending March 10.
Read More...Fintech executives push stablecoins at congress as Trump backs regulation
Financial technology executives are gearing up to advocate using dollar-backed stablecoins to cut transaction costs for American consumers and businesses.
Read More...Why Crypto And Stocks Are Crashing: Key Factors Behind the $5.5T Market Wipeout
In the last one month, the S&P 500 market has experienced a drop of 7.13%, and the cryptocurrency market a decline of 17.09%. The general belief is that US President Donald Trump’s decision to impose tariffs against China, Canada and Mexico has played a prominent role in the sudden collapse of these markets.
Read More...US Crypto Dominance Poses Threat to Europe’s Economic Sovereignty: EU Official
The Trump administration’s pro-crypto stance, especially on dollar-backed stablecoins, threatens Europe’s monetary autonomy, warns ESM chief Pierre Gramegna. The post US Crypto Dominance Poses Threat to Europe’s Economic Sovereignty: EU Official appeared first on Cryptonews.
Read More...US stablecoin bill gets update ahead of Senate banking group vote
US Senate Banking Committee is set to vote on a Republican-led stablecoin framework bill on March 13, after it was updated following consultation with committee Democrats.GOP Senator Bill Hagerty, one of the bill’s co-sponsors, said on March 10 that he introduced an update of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, […]
Read More...Senator Hagerty Revamps GENIUS Act: New Framework Aims to Boost US as Crypto Leader
Senator Bill Hagerty and co-sponsors Senators Tim Scott, Cynthia Lummis, and Kirsten Gillibrand have presented an updated version of the GENIUS Act stablecoin bill.
Read More...Regulatory Hurdles Fail to Deter Binance’s Popularity in Nigeria
Binance has been identified as the top cryptocurrency exchange for Nigerians due to its strong peer-to-peer (P2P) marketplace, which facilitates trading using local payment methods.
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