The New York State Attorney General asked the U.S. Securities and Exchange Commission to openly declare Ethereum’s ether (ETH) was a security, not a commodity, during the state’s prosecution of KuCoin in 2023, according to a document revealed by …
A thawing in the trade stance from both the U.S. and China has sent risk assets higher in the hours since the U.S. stock market closed on Wednesday. “The current tariffs and trade barriers are unsustainable, but we don’t want to decouple," …
A militia group in Burma that allegedly runs a large-scale haven for cyber scammers, the Karen National Army, has been blocked from the U.S. financial system by the Department of the Treasury. The U.S. authorities said Monday that the organization …
Tether, the company behind the $148 billion stablecoin USDT, plans to launch its U.S.-focused stablecoin later this year or early 2026 depending on the nation’s stablecoin legislation, CEO Paolo Ardoino told CNBC in an interview. “Realistically …
The U.S. Securities and Exchange Commission has closed its investigation into PayPal’s dollar-backed stablecoin, PayPal USD (PYUSD), without taking enforcement action, ending a regulatory chapter that began more than a year ago, the company said …
Two recent shepherds of U.S. crypto oversight — Republican former lawmaker Patrick McHenry and Democrat former Commodity Futures Trading Commission chief Rostin Behnam — shared a view that there’s a tremendous amount of work still to do on U.S …
Tornado Cash is officially safe from U.S. sanctions, following a district court ruling on Monday. The Treasury Department’s Office of Foreign Asset Control (OFAC) removed Tornado Cash from its sanctions list in March, several months after an appeals …
Küresel bank Citi has predicted 2025 could be a possible inflection point for blockchain adoption driven by stablecoins, akin to the breakout year artificial intelligence (AI) had with popular application ChatGPT. “2025 has the potential to be …
The week has begun on an interesting note, with the U.S. dollar crashing to three-year lows alongside losses on Wall Street, yet bitcoin, which usually follows the sentiment on Wall Street, stands tall. This could just be the beginning. The shift …
The “Minsky Moment” is here, according to Mike Novogratz, CEO of Galaxy Digital, in a recent interview on CNBC. Novogratz noted that tariffs are playing a key role in reshaping the küresel security apparatus, while President Trump’s return …