Category: Law of the Chain
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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.
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US Crypto Adoption Rises 15% in 2023 Following SEC Regulatory Clarity and Bitcoin ETF Approvals
US crypto adoption increased 15% in 2023, driven by regulatory clarity from the SEC and Bitcoin ETF approvals, with Coinbase and MicroStrategy leading institutional investments.
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World Liberty Financial opposes 2024 crypto bill, increasing compliance costs by 30% for exchanges
World Liberty Financial opposes crypto legislation, citing regulatory overreach. Bitcoin and Ethereum face potential compliance costs exceeding $2 billion annually under proposed rules.
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Underground crypto vishing scams pay $20000 monthly targeting Coinbase and Binance users
Crypto vishing scams generate $20000 monthly for underground markets, targeting victims via phone calls and impersonating exchanges like Coinbase and Binance.
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SEC Approves Bitcoin and Ethereum ETFs in January 2024, Opening $10 Billion Market
Bitcoin and Ethereum ETFs approved by SEC in 2024, with BlackRock and Fidelity managing over $10 billion in assets under management.
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India joins OECD crypto data sharing framework by 2027 for enhanced tax compliance
India will join OECD crypto data sharing by 2027, involving Bitcoin and Ethereum transactions, with 48 countries already participating in the framework.
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Economist Warns Stablecoins Pose Systemic Risk to 2024 Financial Stability
Economist Mark Zandi warns stablecoins like USDT and USDC pose systemic risks, with $150 billion market cap threatening financial stability in 2024.
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El Salvador launches Bitcoin Histórico in November with $1 billion BTC bond allocation
El Salvador launches Bitcoin Histórico in November 2024, allocating $1 billion to BTC bonds and infrastructure, aiming to boost economic growth and adoption.
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SEC and CFTC backing drives 40% surge in spot crypto trading in Q1 2024
Spot crypto trading surged 40% in Q1 2024 with SEC and CFTC endorsements, boosting Bitcoin and Ethereum market activity.
