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>> US Crypto Legislation Poised for Major Overhaul as Senate Readies Draft Bill
The U.S. Senate, led by Senator Cynthia Lummis, has unveiled a draft bill aimed at clarifying the regulatory framework for the cryptocurrency market. Titled the Digital Asset Market Clarity Act, this proposal ...
>> Standard Chartered Ventures into Crypto with New Prime Brokerage Initiative
Standard Chartered is reportedly gearing up to launch a prime brokerage for cryptocurrency trading as part of its strategy to expand into the digital asset sector. The London-based bank's plans are still in pr...
>> South Korea’s Crypto Exchanges Rally Against Government's Ownership Cap Proposal
South Korea’s cryptocurrency exchanges are voicing strong opposition to a recent government proposal that seeks to impose an ownership cap on digital asset firms. Industry leaders argue that such a cap would s...
>> SEC's Ripple Case Resolution Sparks Debate on Crypto Regulations
In a landmark move, Ripple has urged the U.S. Securities and Exchange Commission (SEC) to redefine its approach to crypto regulation, advocating for a clear distinction between crypto assets and securities tran...
>> CFTC Launches New Crypto Innovation Committee to Shape Regulatory Landscape
The U.S. Commodity Futures Trading Commission (CFTC) is taking significant steps to engage with the rapidly evolving crypto landscape. Newly appointed Chair Mike Selig has announced the formation of an Innovat...
>> US Crypto Market Heats Up as BitGo Sets Sights on IPO amid Regulatory Changes
Crypto wallet and custody provider BitGo has filed for a U.S. initial public offering, aiming to raise $200 million and potentially achieve a valuation of nearly $2 billion. The company plans to issue approxim...
>> Solana Teams Up with Coinbase for Validator Launch through Sharps Technology
Solana treasury company Sharps Technology has announced a collaboration with Coinbase to launch a new validator. This partnership aims to enhance the security and performance of the Solana network. Validators...
>> Regulator Takes Bold Step: Crypto Privacy Tokens Banned in Dubai
Dubai's financial regulator has enacted a ban on privacy-focused cryptocurrencies within the Dubai International Financial Centre (DIFC), due to concerns over anti-money laundering (AML) and sanctions complianc...
>> Standard Chartered Sets Sights on Institutional Crypto Services with New Prime Brokerage
Standard Chartered's SC Ventures is gearing up to launch a crypto prime brokerage aimed at institutional clients. This venture will offer comprehensive services, including custody, financing, trading, and clea...