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Coinbase Highlights Key US Regulatory Developments Driving Crypto Prices

Coinbase Highlights Key US Regulatory Developments Driving Crypto PricesThe latest Coinbase Weekly Market Commentary, dated May 17, highlights the crucial influence of regulatory developments on U.S. cryptocurrency markets. Coinbase stated: “Macro continues to be a key driver for crypto performance, though we think upcoming major catalysts may be regulatory driven.” Upcoming regulatory events include the Securities and Exchange Commission (SEC)’s decisions on spot […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns

Fed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency Progress

Fed Chair Powell Briefs Lawmakers on US Central Bank Digital Currency ProgressFederal Reserve Chairman Jerome Powell has provided an update to Congress members regarding the Fed’s central bank digital currency (CBDC) work. “If we’re going to have a CBDC, Congress needs to authorize it,” he stressed. Moreover, the Fed chair reportedly said that a framework for stablecoins is needed. Fed Chair Powell on US CBDC and […]

Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns