Category: Ethereum News
-
Circle predicts stablecoins will become mainstream global payment method
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space.
-
Bitcoin ETFs may face hacker threats, Ellison seeks no prison time, and more: Hodler’s Digest, Sept. 8 – 14
Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the potential payout.
-
Chinese gov't mulls anti-money laundering law to 'monitor' new fintech
According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.
-
Meta to resume AI training in UK after regulatory pause
The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook.
-
Hong Kong should try to speed up crypto regulation: First Digital CEO
First Digital Trust, which provides crypto custody services for institutions, says that Hong Kong is not yet ready to regulate USD-backed stablecoins.
-
USDC issuer Circle announces HQ move to New York ahead of IPO
2025 could bring stablecoins into the mainstream, after 2024 introduced a “turning point year in crypto,” according to Circle’s Allaire.
-
Rep. Torres 'happy' to help CFTC in regulating election betting contracts
New York Congressman Ritchie Torres stated he is “more than happy” to work with the CFTC to develop a plan for regulating election betting contracts in the United States.
-
Crypto may swing election in battleground states — law professor
According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past.
-
SEC softens stance around SAB-121: Galaxy Research
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.
-
Sam Bankman-Fried files appeal for felony conviction
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial, was convicted of seven felony counts, and was sentenced to 25 years in prison.