Washington is looking at ways to crack down on abuses in the business with a stronger hand than they were planning on taking before FTX's demise, and the industry is under the microscope as a result.
Digital assets' busts, scandals, and FTX’s spectacular and sudden collapse were a boon to crypto skeptics, but they were devastating to the industry as a whole.
Regulators like Gary Gensler, who is the chairman of the US Securities and Exchange Commission (SEC), have been pushing for a more aggressive, enforcement-driven approach to the asset class for a long time.
Coinbase partners with Visa to allow eligible US and EU users to fund accounts instantly and buy crypto via Visa debit cards, 24/7 access
The MPI license would enable Gemini to further solidify its position in the region and cater to the increasing demand for secure and regulated digital asset services.
MAS launches the Global Finance & Technology Network (GFTN), replacing Elevandi
Despite Bitcoin's bull run, the crypto industry continues to face headwinds.
The BRICS nations, led by China and Russia, are accelerating efforts to reduce reliance on the US dollar in global trade and finance. Cryptocurrencies and blockchain technology are emerging as key tools in this de-dollarization push, even as BIS officials are considering nixing the mBridge project.
DWF Labs partner Eugene Ng tweeted "today's gonna be a good day" just hours before allegedly spiking a potential hire's drink and inviting her to his suite
Coinbase partners with Visa to allow eligible US and EU users to fund accounts instantly and buy crypto via Visa debit cards, 24/7 access
The MPI license would enable Gemini to further solidify its position in the region and cater to the increasing demand for secure and regulated digital asset services.
