News with the tag "regulatory"

XRP has the potential to become a significant driver of market activity, but certain key developments need to occur. These factors could catalyze substantial price movement and increased adoption of the digital asset. Regulatory Clarity as a Crucial Catalyst One of the primary factors that could pro...

XRP’s trading activity has recently experienced a significant surge, fueled by a substantial inflow of “hot capital,” representing short-term investments. Data from blockchain analytics platform Glassnode indicates that XRP’s hot capital jumped from $0.92 billion on April 20th to $2.17 billion by Ap...

Pakistan is seriously considering the legalization of cryptocurrency, aiming to attract global investors and boost its economy. This potential move signals a significant shift in the nation’s approach to digital assets, reflecting a growing global trend. Driving Economic Growth Through Crypto The pr...

Over the past month and a half, the Security and Exchange Commission (SEC) has started to move from its “aggressive” and “overreaching” crypto regulatory approach to a more welcoming one. Republican Commissioner Hester Peirce has shared some new insight on the US agency’s regulatory shift and the up...

According to a recent report by Dawn, Pakistan is set to establish a National Crypto Council to oversee digital asset regulation in the country. This decision marks a significant policy shift as Pakistan moves toward embracing cryptocurrencies, a stance that contrasts with its previous resistance. P...

The cryptocurrency market is buzzing with anticipation, and at the heart of it lies a crucial question: how are cryptocurrencies classified? Matt Hougan, the Chief Investment Officer (CIO) of Bitwise Asset Management, a prominent crypto index fund manager, believes that resolving this ambiguity is t...

Coinbase chief legal officer Paul Grewal accused the FDIC of playing “word games” after the agency said it only searched for pause letters from a specific time period.

XRP’s rally to a seven-year high came amid the SEC’s latest filing to appeal a court ruling in its partially unsuccessful case against Ripple Labs.

USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023.

The Republic of Kenya is currently making moves to create a legal framework for crypto operations. Interestingly, this rather exciting development comes shortly after the International Monetary Fund (IMF) recommended the East African nation overhaul its current crypto policy and align with global st...