Category: Law of the Chain
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CFTC approves Polymarket’s QCX exchange for legal prediction markets in 2024
The CFTC approved Polymarket’s QCX exchange, enabling prediction markets with POLY token and $1.2M in daily volume, enhancing regulatory compliance.
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US Bancorp resumes Bitcoin custody services following 2023 regulatory clarity for institutional clients.
US Bancorp resumes Bitcoin custody services amid regulatory shifts, managing over $559 billion in assets with increased institutional crypto adoption.
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XRP Army influenced SEC lawsuit outcome against Ripple in 2023 ruling
Attorney John Deaton stated the XRP community influenced the SEC vs Ripple case outcome, which involved a $1.3 billion lawsuit and XRP token.
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Ukraine enacts 5% crypto tax and mandatory exchange reporting through 2025 legislation
Ukraine’s tax bill introduces crypto regulation, requiring exchanges like Binance to report transactions and imposing a 5% tax on digital asset profits starting 2025.
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Federal Reserve hosts 2024 payments innovation conference on stablecoin policy and technology
The Federal Reserve will host a payments innovation conference on stablecoins like USDC and USDT, discussing regulatory frameworks and potential impacts on $2T crypto markets.
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Federal Reserve hosts October 2024 conference on stablecoins, DeFi, AI, and tokenization
The Federal Reserve will host a conference in October 2024 on stablecoins, DeFi, AI, and tokenization, featuring 15 speakers and 200 attendees.
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John Deaton affirms XRP Army’s impact in Ripple SEC case on regulatory outcome
Lawyer John Deaton confirms XRP Army’s influence in Ripple’s SEC case, involving 75,000 holders and impacting XRP’s regulatory clarity.
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US Bancorp reinstates Bitcoin custody services post-SEC rule reversal affecting institutional crypto access.
US Bancorp relaunches Bitcoin custody services following SEC rule reversal under Trump, affecting $1.2 trillion crypto market and institutions like MicroStrategy.
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ECB chief declares EU stablecoin rules under MiCA increase Europe’s 2024 financial vulnerability
ECB chief warns EU stablecoin regulations create vulnerabilities, citing MiCA framework and potential risks to EUR 1.2 trillion crypto market stability.
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US ranks second in global crypto adoption with Bitcoin ETF approvals and SEC regulatory clarity in 2024.
The United States ranks second globally in crypto adoption with $1.2 trillion in transactions, driven by Bitcoin ETFs and regulatory clarity from the SEC.
