The US Securities and Exchange Commission has reportedly postponed its plan to allow trading of tokenized stocks after stock exchange officials raised …
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Regulation
CTFC Hits KuCoin With $500,000 Penalty, Bans Exchange From Allowing US Users To Trade on Platform
by shayaanby shayaanThe Commodity Futures Trading Commission (CFTC) has levied a $500,000 penalty and restrictions against crypto exchange KuCoin’s operator, barring it from allowing …
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Regulation
U.S. Department of Labor Proposes Rule Allowing Pension Funds to Invest in Bitcoin and Altcoins
by shayaanby shayaanA significant regulatory step has been taken in the US that closely concerns cryptocurrency markets. The US Department of Labor has proposed …
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Regulation
President Trump Eliminates SAB 121, Allowing Banks To Custody Bitcoin and Crypto Assets
by shayaanby shayaanPresident Trump has officially eliminated a controversial guideline from the U.S. Securities and Exchange Commission that effectively prevented US banks from holding …
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Utah Introduces Bill Allowing State Treasurer To Invest Public Funds in Crypto
by shayaanby shayaanLawmakers in Utah are considering a new proposal that would enable the creation of a state crypto strategic reserve using public funds. …
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Donald Trump to ‘Imminently’ Sign Executive Orders Allowing Banks To Trade Crypto, Says Jeremy Allaire: Report
by shayaanby shayaanCircle chief executive Jeremy Allaire thinks President Donald Trump will enable banks to trade crypto assets. In a new interview with Reuters, …