Congressman Sam Liccardo has introduced the MEME Act, a bill aimed at halting the rise of political meme coins such as the TRUMP token, while penalizing those involved in their creation or endorsement. The bill, although facing slim chances of passage, marks a significant attempt to tackle potential fraud and scams within the crypto space—particularly […]
The U.S. Securities and Exchange Commission (SEC) has announced a landmark decision to withdraw regulatory oversight of meme coins, officially classifying them as collectibles rather than financial securities. This significant policy shift is expected to reshape the landscape of the meme coin market, fostering innovation while simultaneously raising concerns over the potential rise in fraudulent […]
In a move that underscores a significant shift in regulatory enforcement, the U.S. Securities and Exchange Commission (SEC) has dropped its case against Consensys over the MetaMask wallet. However, the Commission’s silence on its high-profile Ripple lawsuit, which could set a precedent for how digital assets are classified under U.S. securities laws, continues to fuel […]
In a groundbreaking move that could reshape the digital asset landscape, Bank of America is reportedly considering launching its own stablecoin — a digital currency pegged to a stable asset like the U.S. dollar. This decision, however, hinges on new regulatory developments in the United States, which could soon establish a clearer legal framework for […]
In a significant development that could impact the cryptocurrency market, nearly $6 billion worth of Bitcoin and Ethereum options contracts are set to expire today, igniting speculation and heightened anticipation among traders and investors. This large-scale expiration event is expected to trigger increased price volatility, as expiration dates often force traders to adjust their positions, […]
Bitcoin (BTC) faces increased selling pressure in the aftermath of the Bybit hack, yet several technical indicators suggest that a rebound could be on the horizon if it manages to break through key resistance levels. Market Overview In the wake of the Bybit hack, Bitcoin has struggled to regain bullish momentum. Despite several recovery attempts, […]
As the global adoption of digital assets accelerates, cryptocurrency wallets are becoming increasingly essential. Trust Wallet, a leading player in the industry, emphasizes that enhancing user experience (UX) and strengthening security are key to driving mainstream acceptance. Integration into Mainstream Fintech Pierre Lavarague, Head of Business Development at Trust Wallet, envisions a future where crypto […]
The U.S. Securities and Exchange Commission (SEC) is reportedly stalling its enforcement actions against major crypto firms, fueling speculation that it may soon dismiss its high-profile lawsuit against Ripple. With an April 16 court deadline looming for the Ripple case—a battle that began in December 2020—the regulatory agency’s shifting stance under new leadership and political […]
Senator Cynthia Lummis is leading a transformative push to integrate Bitcoin into the United States’ financial framework. Her flagship proposal, the Bitcoin Strategic Reserve, aims to fortify the nation’s economic stability by positioning Bitcoin as a key reserve asset. As chair of the Senate Banking Subcommittee on Digital Assets, Lummis is at the forefront of […]
The much-anticipated Pi Network Mainnet launch has faced a rocky start, marked by lower-than-expected trading activity and a declining coin value. Despite the initial setbacks, industry experts believe that long-term growth is still within reach, especially if institutional investors enter the market. A Slow Start to Trading Crypto analyst Kim Wong highlighted that while the […]