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IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining

The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the country’s electricity shortages and...

Memecoin investors ‘should not be looking to the SEC for protection,’ Commissioner Hester Pierce...

Memecoin investors should realize that the U.S. Securities and Exchange Commission (SEC) will not come to their aid if they lose their money, Commissioner...

SEC ruling eases path for Ethereum staking in ETFs

The US Securities and Exchange Commission (SEC) has issued new guidance clarifying that common forms of crypto staking do not fall under securities laws.On...

SEC files dismissal on Binance lawsuit files after two-year securities showdown

The US Securities and Exchange Commission (SEC) asked a federal judge on May 29 to dismiss its civil complaint against Binance and its founder,...

Bipartisan lawmakers roll out CLARITY Act, shift crypto spot rule to CFTC

House Financial Services Committee Chairman French Hill introduced the Digital Asset Market Clarity Act on May 29, a bipartisan measure that would place most...

Bybit earns MiCA license as hackers keep $644M from its $1.4B exploit out of...

Crypto exchange Bybit has received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework from Austria’s Financial Market Authority (FMA), according to...

Russian banks to offer crypto products amid rising domestic activity

Russia’s central bank has announced plans to allow financial institutions to offer crypto-linked investment products to qualified investors, according to a May 28 statement.The...

SEC’s next crypto roundtable to host DeFi dialogue addressing autonomy in regulation

The US Securities and Exchange Commission released the agenda for its upcoming roundtable, “DeFi and the American Spirit,” scheduled for June 9 at its...

US Labor Department dials back crypto warning for retirement plans

The US Department of Labor (DOL) formally rescinded a 2022 compliance release that discouraged fiduciaries from offering crypto investment options in 401(k) retirement plans, according...

SEC Crypto Task Force discusses securities tokenization with Nasdaq, DeFi startups

Last week, the US Securities and Exchange Commission’s (SEC) Crypto Task Force intensified studies on how public blockchain technology can support the issuance and...

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