As it prepares to go public, stablecoin issuer Circle is reportedly also planning a move. The company is preparing to transfer its legal base from Ireland to the United States, Bloomberg reported Wednesday (May 15). A company spokesperson confirmed to the news outlet that Circle filed paperwork for the move but declined...
The landscape of digital assets, blockchain and Web3 technologies is undergoing a shift. What was once considered theoretical or looked at askance in light of scandal and volatility is now increasingly moving into practical use. “It’s important to know that crypto is not just bitcoin and...
A bill that promises regulatory clarity for digital assets has moved a step closer to a vote in the U.S. House. The House Committee on Rules said Friday (May 10) that it will consider the Financial Innovation and Technology for the 21st Century (FIT21) Act (H.R. 4763), which means...
There might be as many opinions about crypto as there are cryptocurrency tokens. And with tens of thousands of digital assets populating the crypto market, that’s certainly a lot of opinions. That sheer scale of noise is in part why it can be so challenging...
The nonprofit group Stand With Crypto reportedly formed a political action committee (PAC) to support candidates who are friendly to cryptocurrency and blockchain. The new PAC aims to raise money from Stand With Crypto’s 440,000 members, Reuters reported Friday (May 10). “The goal is to endorse candidates and support candidates that...
Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once feared they’d lost their collective billions, can now take solace from the news Tuesday (May...
Eighteen months after its collapse, FTX is ready to repay its customers in full. The cryptocurrency exchange says it has pulled together assets worth $14.5 and $16.3 billion, enough to pay back 98% of its creditors 118% of what they are owed. The remaining 2%...
Nigeria is reportedly stepping up its cryptocurrency crackdown with a proposed ban on peer-to-peer trading. The ban would affect P2P trading in the country’s naira, Bloomberg reported Tuesday (May 7). The move is the latest effort by the West African country to place tighter controls on the crypto...
Robinhood’s cryptocurrency business could become the target of regulatory action. The trading platform said Monday (May 6) that it received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) staff indicating they will recommend that the commission take enforcement action against the company. “After years of good faith...
