Category: Law of the Chain
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Tether appoints former White House crypto director Bo Hines to bolster regulatory strategy in 2024
Tether hired former White House crypto director Bo Hines, strengthening its regulatory strategy amid ongoing USDT market dominance exceeding $110 billion.
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Senate Banking Chairman Tim Scott forecasts 18 Democrats oppose crypto legislation with 60-vote threshold
Senate Banking Chairman Tim Scott forecasts 18 Democrats may oppose crypto legislation, involving Bitcoin and Ethereum, with a 60-vote threshold required.
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SEC freezes Solana, XRP, and Bitcoin ETF applications pending 2024 regulatory compliance review
SEC froze 3 crypto ETFs including Solana, XRP, and Bitcoin products affecting over $2 billion in assets under management across multiple exchanges.
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South Korea bans crypto lending services effective September 17, halting $3.2 billion in transactions
South Korea’s FSC banned crypto lending services on September 17, affecting platforms like Upbit and Bithumb, halting $3.2 billion in annual transactions.
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SEC delays XRP ETF decision in 2024, impacting Ripple price by 2% drop
SEC delays XRP ETF decision, sparking debate on Ripple price. XRP trades at $0.52, down 2% amid regulatory uncertainty affecting Bitcoin and Ethereum markets.
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SEC Chair Gensler declares few tokens are securities in 2023 regulatory framework
SEC Chair Gensler stated few tokens are securities, citing Bitcoin and Ethereum as examples, with over 20,000 cryptocurrencies currently in existence.
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SEC delays Bitcoin ETF approval to 2025 causing immediate market volatility and regulatory uncertainty
The SEC delayed its Bitcoin ETF decision to 2025, affecting BTC and ETH markets with a 15% price drop following the announcement.
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Wyoming’s 2024 state-backed stablecoin launch triggers regulatory debate over $50 million issuance
Wyoming launched a state-backed stablecoin in 2024, sparking debate among regulators, investors, and policymakers over its $50 million initial issuance.
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Federal Reserve Governor Michelle Bowman signals crypto openness in 2024 policy shift
Federal Reserve Governor Michelle Bowman indicated openness to cryptocurrency, mentioning Bitcoin and Ethereum, with 40% of US adults considering crypto investments.
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SEC Chair Atkins commits to Project Crypto with 2025 deadline for Bitcoin and Ethereum rules
SEC Chair Atkins reaffirms Project Crypto support, targeting Bitcoin and Ethereum with a 2025 deadline for new regulatory clarity on digital assets.
