The U.S. Securities and Exchange Commission (SEC) has imposed a $ 38 million fine on Digital Currency Group (DCG), accusing the company of negligence in misleading investors about the financial stability of its subsidiary, Genesis Global Capital (GGC). SEC Alleges Misleading Practices by Digital Currency Group and Genesis Global Capital This case raises pressing …
The People’s Bank of China (PBOC) has highlighted the utilization of the digital yuan, China’s central bank digital currency (CBDC), and blockchain technology as part of its 2025 strategy. In a post summarizing the issues touched on as part of the new year’s meeting, the Shanghai headquarters of the PBOC remarked that, as part of […]
Tom Emmer’s new appointment in Congress signals a push to foster an environment where digital asset innovation flourishes under pro-technology, American-led values. The Future of Digital Assets: A Powerful New Direction From Congress Congressman Tom Emmer of Minnesota has been appointed Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The […]
Macroeconomic events shaped the digital assets market over the past week with significant outflows. Digital Assets Investors Reacted Negatively to U.S. Fed’s Hawkish Outlook Coinshares’ weekly digital asset fund flows report revealed that digital asset investments experienced a modest inflow of $ 48 million last week. Although about $ 1 billion came in …
Top U.S. regulators who championed aggressive crypto enforcement are stepping down, paving the way for a new era of innovation-focused oversight under the incoming administration. End of an Era: US Regulators Who Championed Crypto Enforcement Step Down Several high-profile cryptocurrency enforcement leaders at the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission […]