U.S. Treasury Secretary Janet Yellen told lawmakers on Tuesday that the government’s financial risk watchdogs want there to be a minimum level of federal oversight of stablecoin issuers – a system that sets universal compliance standards beyond what states like New York and Texas currently impose. The council of financial regulators she leads “believes it’s […]
Cathie Wood, the CEO of investment manager ARK Invest, said there is a “substitution” from gold into bitcoin (BTC) under way, and the availability of spot exchange-traded funds (ETFs) will extend that trend. While the Read More
Throughout history, societies have often frowned on bankruptcy, viewing it in moral terms as a breach of trust and responsibility to each other. But, having lived through and reported on a variety of financial crises, Read More
The Markets in Crypto Assets Regulation (MiCA) is hailed as a pivotal moment in crypto market regulation. However, a significant misunderstanding exists regarding fiat backed stablecoins in Europe and the anticipated changes under MiCA. JóRead More
Bitcoin miners ramped up BTC sales to acquire capital to upgrade machinery and prepare for the halving event, when rewards will be cut, a Bitfinex market report said. Low-cost miners have sold fewer tokens, while Read More
Solana, one of the fastest growing blockchain networks, experienced severe disruptions early Tuesday morning. Engineers responded quickly, beginning work before 6 a.m. ET, to push out a patch needed to restart the halted chain. But Read More
The U.S. Securities and Exchange Commission (SEC) widened its definition of a dealer today to pull many more financial operations into its jurisdiction – including, as it warned in a footnote of its original proposal – Read More
Only 17 days after its launch, the BlackRock iShares Bitcoin Trust (IBIT) has become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, according to data from Bloomberg Intelligence. The only funds that Read More
“If I had forged that document, then it would be perfect.” So spoke Australian computer scientist Craig Wright Tuesday, minutes into his first day of cross-examination in a U.K. trial that could lay waste Read More
Investors who bought the freshly minted “Quantum Cats” NFT-like images from the Bitcoin Ordinals project Taproot Wizards were already flipping them on Tuesday for more than twice the initial sales price – in a sign of Read More
