US Congress challenges Yellen on crypto regulation, seeks clarity on Howey Test’s role

U.S. Congress members have challenged Treasury Secretary Janet Yellen‘s call for stronger crypto regulation, pointing out the Howey Test’s shortcomings in consumer protection in a recent letter.

US Congress challenges Yellen on crypto regulation, seeks clarity on Howey Test’s role

A new letter published by US members of Congress asks for clarity on the role of the country’s top regulatory in adopting crypto specific legislation. The letter was ba...

7 months ago

MetaMask Partners with Robinhood to Simplify Crypto Transactions

MetaMask Integrates with Robinhood for Direct Crypto Access

MetaMask Partners with Robinhood to Simplify Crypto Transactions

MetaMask has collaborated with Robinhood to enable direct crypto purchases for users, according to a press release shared with Cryptonews on Feb.7. MetaMask’s...

7 months ago

Veteran Trader Tone Vays Says He’ll Become ‘Super Bullish’ on Bitcoin Once BTC Starts Closing Above This Level

A closely followed trader says he’ll become one of Bitcoin’s (BTC) biggest bulls if the crypto king manages to stay above a key resistance level.

Veteran Trader Tone Vays Says He’ll Become ‘Super Bullish’ on Bitcoin Once BTC Starts Closing Above This Level

In a new strategy session, veteran trader Tone Vays tells his 122,000 YouTube subscribers that Bitcoin is trading within a very tight range, but he sees a path for BTC to break out and rally to ...

7 months ago

El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election

Under Bukele, the country in 2021 became the first nation to adopt bitcoin as legal tender.

El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election

El Salvador's bitcoin-friendly president Nayib Bukele is on his way to another five-year term, according to exit polls which show him with an overwhelming lead shortly after voting...

7 months ago

UAE and China Complete First $13.6M Cross-Border CBDC Transaction

Project mBridge for Multi-CBDC Cross-Border Transactions

UAE and China Complete First $13.6M Cross-Border CBDC Transaction

The United Arab Emirates and China have executed their first cross-border central bank digital currency (CBDC) transaction valued at $13.6 million using digital dirham and digital...

7 months ago

Visa enables crypto withdrawals on debit cards in 145 countries

MetaMask users can now sell crypto directly to a Visa card, which eliminates the need to use centralized exchanges.

Visa enables crypto withdrawals on debit cards in 145 countries

Global payment giant Visa is doubling down on cryptocurrency adoption by enabling another method to exchange crypto to fiat currencies without using a centralized exch...

7 months ago

China to introduce revised crypto AML regulations by 2025

China imposed a blanket ban on crypto use in 2021, but due to technological advancements and the decentralized nature of crypto, mainland users have found a way to access the crypto market.

China to introduce revised crypto AML regulations by 2025

China is set to make a major amendment to its Anti-Money Laundering (AML) regulations to include cryptocurrency-related transactions amid calls for greater scrutiny of the nascent crypto industr...

7 months ago

Japan to resolve CBDC issuance legalities by Q2 2024

While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch.

Japan to resolve CBDC issuance legalities by Q2 2024

The Bank of Japan (BoJ) held its first official meeting with the country’s government to discuss a central bank digital currency (CBDC). According to the local TV channel NHK, on Jan....

7 months ago

Polygon Labs proposes defi protocols as critical infrastructure in new regulatory framework

Polygon Labs, in collaboration with Arktouros law firm, has put forward a new regulatory framework that proposes designating certain decentralized finance (defi) protocols as critical infrastructure crucial to the national and economic security of the US.

Polygon Labs proposes defi protocols as critical infrastructure in new regulatory framework

The suggestion was published on Jan. 29 by Rebecca Rettig and Katja Gilman of Polygon Labs, alongside Arktouros co-founder Michael Mosier. Their 45-page document focuses on combating i...

7 months ago

Maker generates $14m in revenue, Ethereum’s earnings surge

Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell.

Maker generates $14m in revenue, Ethereum’s earnings surge

According to data provided by Defi Llama, Maker Protocol generated $14.22 million in revenue — also collected the same amount in fees — in the past 30 days. However, The DAI stableco...

7 months ago

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