The cryptocurrency landscape is evolving rapidly, with altcoins gaining momentum among investors and asset managers. A notable observation comes from Bloomberg’s senior ETF analyst Eric Balchunas, who suggests that the anticipated approval of multiple altcoin-related exchange-traded funds (ETFs) could significantly alter the dynamics of the crypto market. With 14 altcoin ETFs currently awaiting the green
Regulation
Iran’s Central Bank has taken significant steps towards launching its own central bank digital currency (CBDC), the Digital Rial, which aims to transform the country’s banking infrastructure and enhance the efficiency of financial operations. This development, as revealed by Central Bank Governor Mohammad Reza Farzin during the 11th Annual Conference on Modern Banking and Payment
Recent data from the Financial Conduct Authority (FCA) indicates a significant uptick in cryptocurrency ownership among UK adults, with the figure rising to 12%, compared to 10% the previous year. This increase underscores a broader trend of growing interest in digital currencies amongst the British population, highlighting a growing acceptance of cryptocurrencies as an alternative
As the cryptocurrency landscape continues to evolve, the Blockchain Association aims to shape the regulatory environment surrounding digital assets, particularly as the U.S. prepares for renewed political leadership. Recently, the association’s CEO, Kristin Smith, outlined a strategic framework intended for the incoming Trump administration. This initiative not only highlights the pressing needs of the crypto
In a landmark development for the digital asset industry, a federal court has invalidated the Securities and Exchange Commission’s (SEC) dealer rule, marking a significant victory for crypto advocates and a setback for regulators. The U.S. District Court for the Northern District of Texas ruled on November 21 that the SEC had overstepped its statutory
Gary Gensler’s announcement to resign from his position as Chairman of the U.S. Securities and Exchange Commission (SEC) on January 20, 2025, marks a significant transition not only for the Commission but also for the regulatory landscape of the financial markets. Gensler, who has held this pivotal role since April 2021, recently expressed his appreciation
In a significant move that could reshape the landscape of cryptocurrency regulation in the United States, the former Commodity Futures Trading Commission (CFTC) chair Chris Giancarlo—dubbed “Crypto Dad”—is being considered to take on the role of the nation’s inaugural “crypto czar.” As reported by Fox Business on November 21, this position is being crafted under
In an evolving landscape of digital finance, Agant is set to introduce GBPA, a stablecoin pegged to the pound sterling. This initiative aims to cater to the increasing demand for regulated digital currency solutions, particularly in the United Kingdom, where more than 6 million people and a significant portion of its institutions are actively exploring
In a recent statement on social media platform X, Jesse Powell, the founder of the Kraken exchange, has thrown his weight behind Brian Brooks for the role of Chair of the Securities and Exchange Commission (SEC). Powell’s endorsement underscores Brooks’ deep understanding of financial regulations, which transcends the realm of cryptocurrency to encompass the broader
In the ever-evolving landscape of defense and technology, Major Jason Lowery of the U.S. Space Force stands at the forefront of a groundbreaking initiative aimed at merging cryptocurrency with national security. Recently, Lowery made waves by announcing his application for a military advisory role on the National Security Council (NSC) and the White House Office