Regulation

SEC Chair Paul Atkins Marks Swift Departure From Gary Gensler-Rulemaking

SEC Chair Paul Atkins Marks Swift Departure From Gary Gensler-Rulemaking

Newly confirmed United States Securities and Exchange Commission (SEC) Chair Paul Atkins laid out what his tenure at the federal regulator will look like on Friday while giving opening remarks at the agency’s third-ever crypto roundtable. Atkins Gives First Crypto Roundtable Remarks As SEC Chair In his April 25 remarks, Atkins reaffirmed his vision to […]

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SEC’s Atkins calls for overhaul of ‘badly needing attention’ crypto rules

SEC’s Atkins calls for overhaul of ‘badly needing attention’ crypto rules

Key Takeaways SEC Chairman Paul Atkins calls for a comprehensive review of crypto regulations. Atkins aims to establish a rational framework for crypto assets within the US. Share this article SEC Chairman Paul Atkins has called for a sweeping reevaluation of the agency’s regulatory framework governing crypto assets, criticizing the current rules as outdated and

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Circle denies plans to become a bank, focuses on aligning with stablecoin regulations

Circle denies plans to become a bank, focuses on aligning with stablecoin regulations

Circle, the issuer behind the USDC stablecoin, has firmly denied rumors suggesting it plans to apply for a US banking license. The firm’s Chief Strategy Officer, Dante Disparte, clarified on social media that Circle has no plans to become a bank or any other type of insured depository institution. Disparte emphasized that the firm is

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Federal Reserve relaxes crypto partnership rules for banks

Federal Reserve relaxes crypto partnership rules for banks

The US Federal Reserve confirmed that it rescinded earlier directives concerning banks’ involvement with crypto and dollar tokens, according to an April 24 statement. One significant change involves the 2022 supervisory letter, which required banks to notify regulators before engaging in any crypto activities. Going forward, banks will no longer need to provide advance notification.

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Russian Ministry of Finance and Central Bank to Launch Elite-Only Crypto Exchange

Russian Ministry of Finance and Central Bank to Launch Elite-Only Crypto Exchange

A bold crypto revolution is underway as Russia launches a regulated crypto exchange for elite investors, dragging digital assets into legality, led by the Finance Ministry and the central bank. Russian Central Bank and Finance Ministry Aim to Drag Crypto out of the Shadows Russian Finance Minister Anton Siluanov announced at a recent Ministry of

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Fed rescinds crypto guidance for banks in bid to streamline oversight and support innovation

Fed rescinds crypto guidance for banks in bid to streamline oversight and support innovation

Key Takeaways The Fed formally withdrew key guidance that governs how state member banks must handle crypto and stablecoin activities. Regulatory bodies are collaborating to support innovation in crypto-asset activities while ensuring risk management. Share this article The Federal Reserve Board announced Thursday that it is withdrawing key supervisory guidance on crypto and stablecoin activities

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SEC delays decision on HBAR, Polkadot ETFs for additional review time

SEC delays decision on HBAR, Polkadot ETFs for additional review time

The US Securities and Exchange Commission has extended its timeline for deciding on proposed exchange-traded funds (ETFs) tied to Polkadot (DOT) and Hedera (HBAR). According to regulatory filings posted on April 24, the SEC has pushed the decision deadline to June 11 for Grayscale’s proposal to convert its Polkadot Trust into a spot ETF and

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US SEC and El Salvador’s CNAD explore tokenization with cross-border trials

US SEC and El Salvador’s CNAD explore tokenization with cross-border trials

The US Securities and Exchange Commission (SEC) is exploring a cross-border approach to digital asset oversight through early-stage discussions with El Salvador’s National Commission of Digital Assets (CNAD). According to the meeting memo, the SEC is considering launching a regulatory sandbox to test tokenization models under real-world conditions. The SEC highlighted CNAD’s success in managing

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US Lawmakers Rally Behind New SEC Chair to Advance Crypto Regulation and Boost Market Growth

US Lawmakers Rally Behind New SEC Chair to Advance Crypto Regulation and Boost Market Growth

U.S. lawmakers are rallying behind new SEC leadership, fueling explosive optimism for a regulatory overhaul that unleashes digital assets, drives innovation, and supercharges markets. New SEC Chair Paul Atkins Sparks High Hopes for Digital Asset Revolution U.S. lawmakers are eager to work with the new chairman of the U.S. Securities and Exchange Commission (SEC), Paul

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Over 15 Crypto Firms Seek Bank Licenses Amid Regulatory Softening

Over 15 Crypto Firms Seek Bank Licenses Amid Regulatory Softening

More than 15 crypto firms are storming the gates for banking licenses as U.S. regulators ease restrictions, opening direct access to federal payment systems and legitimacy. Banking Regulators Ease Rules, Trigger Rush From 15+ Crypto Firms More than a dozen crypto firms are reportedly applying for banking licenses with the Office of the Comptroller of

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