The top US-based crypto exchange by trading volume is ending its USDC Rewards program for European users. According to a screenshot shared by Marina Markezic, Coinbase is letting European Economic Area (EEA) clients know that USDC staking is coming to an end due to Markets in Crypto-Assets (MiCA) regulations. “MICA is kicking in -> Sunsetting […]
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A prominent non-profit crypto advocacy group is naming the biggest current threats to the digital assets industry. In a new report analyzing crypto legislation after the 2024 US presidential election, Coin Center says the three biggest threats to the industry are the Internal Revenue Service’s (IRS) mandate to report crypto transactions larger than $10,000 (6050I), […]
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President-elect Donald Trump’s possible pick for Chair of the U.S. Securities and Exchange Commission (SEC) is reportedly planning to make the nation a global leader in crypto. According to a new report by Fox Business, Trump’s potential pick – current SEC Commissioner Mark Uyeda – says that he would overhaul how the government views the […]
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The chief investment officer of crypto asset management firm Bitwise says that Trump’s landslide electoral win against Kamala Harris is a game changer for the crypto industry. In a new interview on the Leading Indicator YouTube channel, Bitwise CIO Matt Hougan says that Trump defeating the Democrats will vastly improve the crypto industry as the […]
The post Trump Electoral Win a ‘Massive Game Changer’ for Crypto, Says Bitwise CIO Matt Hougan – Here’s What He Means appeared first on The Daily Hodl.
Blue-chip crypto firms are reportedly scrambling to obtain a spot on President-elect Donald Trump’s promised advisory board. According to a new report by Reuters, US crypto industry giants – including payments firm Ripple Labs, crypto exchange Kraken, stablecoin issuer Circle, and venture capitalist firm Andreessen Horowitz – are all currently competing for spots on Trump’s […]
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Continued market momentum will be driven by “regulatory relief,” one of the most important things expected from the new US administration, said ARK Invest’s Cathie Wood.
Bitcoin may have recently hit a new all-time high above $90,000, but ARK Invest’s Cathie Wood says it still has a “long way to go.”
She pointed out that Ark was the first public asset manager to gain exposure to Bitcoin in 2015 at $250, “and we still at $90,000 think we have a long way to go,” she said in an interview on CNBC’s Squawk Box on Nov. 15.
Wood said the continued momentum would be driven by “regulatory relief,” one of the most important things expected from the new United States administration.
Crypto companies have been “living in fear in a gas-lit world for a long time,” said Ethereum co-founder Joe Lubin.
The founder of Ethereum software solutions provider Consensys, Joseph Lubin, announced the launch of a new project called Network State where people can declare their “personal sovereignty.”
“We’re on the verge of a paradigm shift that will be heard around the world,” said the Ethereum co-founder in a post on X unveiling the new platform on Nov. 14.
Lubin said Consensys is “on a mission to catalyze a Network State within the emerging decentralized Web3 and AI global economy.”
Legal and policy experts from the crypto arm of a16z are confident that “the future of crypto in the US is bright.”
The crypto arm of venture capital firm Andreessen Horowitz (A16z) said that there will be “greater flexibility to experiment” as the regulatory landscape for crypto improves in the United States.
“While we’ll likely have greater flexibility to experiment, we can’t forget that the fundamental regulatory principles applicable to blockchain systems remain unchanged,” it stated before adding that this means that “where there is trust, there is regulation” still applies.
A16z Crypto legal and policy experts Miles Jennings, Michele Korver, and Brian Quintenz shared their positive outlook for crypto regulations in a blog post on Nov. 10, days after Donald Trump’s presidential election victory on Nov. 6.
JPMorgan CEO Jamie Dimon called U.S. banking regulations “unfair and unjust,” warning they may destabilize the industry and asserting banks must “fight back” against overreach. JPMorgan’s Jamie Dimon Unleashes Fury on Banking Rules JPMorgan Chase CEO Jamie Dimon criticized U.S. financial regulations at an American Bankers Association event in New York on Monday, calling certain […]
Thailand is shifting focus to a more mature institutional-focused crypto market, according to the chief executive of Binance Thailand.
Thailand’s digital assets market is undergoing a transition from retail to institutional as the country aims to become Southeast Asia’s fintech hub, the CEO of Binance Thailand said.
A recent regulatory move by Thailand’s Securities and Exchange Commission is a “vital step in the maturation of Thailand’s cryptocurrency landscape,” Binance Thailand CEO Nirun Fuwattananukul wrote in an opinion piece for the Bangkok Post on Oct. 25.
On Oct. 9, the Thai securities regulator proposed rules that would allow institutional-grade mutual and private funds to invest in crypto products such as United States-based spot crypto exchange-traded funds (ETFs).
