Crypto Regulation News Archives - Page 7 of 7

Crypto Council Mobilizes 30+ Organizations to Challenge SEC Staking Regulation

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The Crypto Council for Innovation is calling on the United States Securities and Exchange Commission (SEC) to deregulate staking, an April 30 letter from the public policy group to the federal regulator shows. New Letter To SEC Makes A Case For Staking Sans Regulation Signed by more than 30 crypto organizations, the letter urges the […]

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SEC Walks Away From Investigation Into PayPal’s Dollar-Pegged Stablecoin

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The US Securities and Exchange Commission has dropped its investigation into the PayPal dollar-backed stablecoin, PYUSD, without taking enforcement action. PayPal disclosed the decision in a Tuesday filing, marking another high-profile crypto probe closed under President Donald Trump’s administration. It said that the SEC’s Division of Enforcement had issued a subpoena in Nov. 2023, requesting

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UK Unveils Draft Crypto Rules to Curb Scams, Eyes Cross-Border Sandbox With US

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Key Takeaways: The UK’s draft crypto rules seeks to curb scams and protect consumers by bringing exchanges and dealers under stricter financial regulation. The government is also exploring a cross-border sandbox with the United States to promote international cooperation and innovative oversight of digital assets. This approach seeks to position the UK as both a

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Caitlin Long Slams Fed’s Secret Rule Giving Big Banks a Stablecoin Edge

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Key Takeaways: Banks are still banned from holding crypto, stifling blockchain adoption. Senator Lummis links the US Fed to Operation Chokepoint 2.0 crackdown. Caitlin Long, CEO of Custodia Bank, accused the US Federal Reserve of pretending to support crypto while quietly favoring big banks. The banking executive said the Fed rescinded four restrictive policies but

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