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Blockchain Association welcomes 16 new members amid record-breaking growth
Web3/Crypto

Blockchain Association, based in Washington, D.C., has announced the addition of 16 new members, marking its largest single-month growth to date.


Congressmen Hill, Steil on digital assets: 'Washington has been asleep at the wheel for far too long'
Web3/Crypto

U.S. Representatives French Hill and Bryan Steil have called for Congressional action to support technological innovation, which they believe will yield economic benefits for all Americans.


Blockchain Association urges Congress to overturn DeFi broker rule
Web3/Crypto

More than 75 members of the Blockchain Association have sent a letter to Congressional leaders, urging them to support Senator Ted Cruz's Congressional Review Act resolution S.J.Res.3.


SEC dismisses appeal in dealer rule lawsuit involving blockchain groups
Web3/Crypto

The Securities and Exchange Commission (SEC) has decided to withdraw its appeal in the lawsuit concerning the dealer rule, which was initiated by the Blockchain Association (BA) and the Crypto Freedom Alliance of Texas (CFAT).


The Digital Chamber report: SEC's 'merit-based' regulations hindered digital asset investment
Web3/Crypto

The Digital Chamber (TDC) has criticized the Securities and Exchange Commission (SEC) for allegedly imposing "merit-based" rather than "disclosure-based" standards over the past decade, which it claims has hindered investment and innovation in the...


Governor of Bank of Italy: Crypto 'regulatory divergences between the U.S. and Europe will need to be carefully assessed'
Web3/Crypto

Fabio Panetta, Governor of Banca d’Italia, has emphasized the need for careful evaluation of regulatory divergences between the United States and Europe concerning crypto-assets to understand their global implications.


Brian Young appointed director of enforcement at CFTC
Web3/Crypto

Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline D. Pham has announced that Brian Young will take on the role of Director of Enforcement.


CFTC launches campaign against online relationship investment scams
Web3/Crypto

In a coordinated effort, the Commodity Futures Trading Commission’s Office of Customer Education and Outreach has launched a national campaign to raise awareness about relationship investment scams.


CFTC acknowledges departure of former chairman Rostin Behnam
Web3/Crypto

Commodity Futures Trading Commission (CFTC) Acting Chairman Caroline D. Pham and Commissioners Kristin N. Johnson, Christy Goldsmith Romero, and Summer K. Mersinger have issued a statement recognizing the service of former Chairman Rostin Behnam.


Mersinger and Peirce to discuss post-election cryptocurrency developments
Web3/Crypto

Commissioner Summer K. Mersinger and SEC Commissioner Hester M. Peirce are set to engage in a fireside chat at the "Cryptocurrency After the Election" event organized by the Federalist Society.


Binance CEO: 'We’re optimistic about the U.S. market'
Web3/Crypto

Richard Teng, CEO of Binance, expressed optimism about the future of the U.S. cryptocurrency market, indicating that the company is closely monitoring regulatory developments under the new administration.


MARA CEO: U.S. crypto industry has been 'singled out and subjected to unprecedented actions'
Web3/Crypto

Fred Thiel, CEO of Bitcoin mining firm Marathon Digital Holdings (MARA), has expressed concerns regarding the treatment of the U.S. digital asset industry.


Crypto Council for Innovation CEO: 'significant damage caused' by SEC's 'regulation by enforcement approach'
Web3/Crypto

Ji Hun Kim, President and Acting CEO of the Crypto Council for Innovation, has called on Congress to establish a comprehensive federal regulatory framework for digital assets.


SEC and Binance seek resolution, agree to temporary case suspension
Web3/Crypto

The U.S. Securities and Exchange Commission (SEC) and Binance have jointly requested a 60-day stay in their ongoing court case, citing the launch of the SEC's new crypto task force, which may influence the case's resolution.


WSPN CEO: EU's stablecoin regulation 'creates significant risk for the stablecoin issuer'
Web3/Crypto

Austin Campbell, CEO of WSPN US, expressed concerns regarding the European Union's (EU) Markets in Crypto-Assets Regulation (MiCA), which he says governs stablecoins in a manner that poses risks to issuers.


NYU Stern professor: Sen. Hagerty's stablecoin regulation bill 'is excellent'
Web3/Crypto

Austin Campbell, an adjunct professor at New York University's Stern School of Business, expressed his support for the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.


Chairman of FDIC on crypto debanking: Crypto 'requests from these banks were almost universally met with resistance'
Web3/Crypto

Travis Hill, Chairman of the Federal Deposit Insurance Corporation (FDIC), said that the agency's supervision of crypto-related banking activities systematically discouraged institutions from progressing.


WSPN CEO: 'It is essential Congress reforms banking supervisory practices'
Web3/Crypto

Austin Campbell, the CEO of WSPN, said that banking regulation requires reform to become clearer and more transparent to prevent further industries from being targeted by debanking.


Sen. Warren to crypto executive: 'I don’t think for a second that you should be locked out of our banking system'
Web3/Crypto

Senate Banking Committee Ranking Member Elizabeth Warren expressed her belief that it was inappropriate for banks to deny services to Anchorage Digital CEO Nathan McCauley and other participants in the cryptocurrency industry.


Coinbase Chief Legal Officer on debanking: 'While crypto is the current target, any legal American industry could be next'
Web3/Crypto

Paul Grewal, Coinbase's Chief Legal Officer, said that without reforms, any industry could become a target of debanking efforts.