Binance has reportedly met with government officials to discuss relaxed regulation on the cryptocurrency exchange. The meeting between the company and representatives of the Treasury Department happened last month, The Wall Street Journal (WSJ) reported late Friday (April 11), citing sources familiar with the matter....
New York Attorney General Letitia James wants Congress to do more to protect cryptocurrency investors. James wrote a letter to congressional leadership Tuesday (April 8), saying lawmakers should mandate that crypto companies register with a federal regulatory agency and establish minimum listing standards for crypto...
House of Doge, the corporate arm of the Dogecoin Foundation, launched a partnership with cryptocurrency company 21Shares. The collaboration will yield the only dogecoin exchange-traded products (ETPs) endorsed by the Dogecoin Foundation, according to a Thursday (April 10) press release. “This partnership represents a significant...
Banks have always evolved to provide more effective systems to serve their customers. But while historically that evolution was relatively linear, as the financial world continues to digitize, banks are faced with a growing array of options to meet customer needs. Stablecoins — cryptocurrencies pegged...
The prices of cryptocurrencies and crypto-related stocks leapt Wednesday (April 9) after President Donald Trump paused the new tariffs that he had placed on more than 75 countries. As of 2:55 p.m. ET, bitcoin’s price had surged 7.6% over the previous 24 hours and got...
Securities laws need readjustment to account for some of the unique qualities of digital assets — and market structure legislation should pave the way for better oversight of those nascent offerings, attorneys and a crypto executive told a Capitol Hill hearing. The hearing, titled “American...
Cryptocurrency platform Kraken launched a payments-focused partnership with Mastercard. The collaboration will allow Kraken customers in the United Kingdom and Europe to spend crypto assets at more than 150 million merchants that accept Mastercard, according to a Tuesday (April 8) press release. “Crypto is transforming...
The U.S. Justice Department will reportedly limit its cryptocurrency enforcement efforts to the use of digital assets in crimes related to things like terrorism, drug cartels and fraud. Deputy Attorney General Todd Blanche said in a Monday (April 7) memo that this change is meant to leave...
Crypto’s biggest success story, after a litany of industry failures, has been stablecoins. The asset-pegged digital tokens, designed to maintain their stability and facilitate non-volatile financial applications across blockchains, have to-date grown so much that there exist around $234 billion in circulation. But while the...
