US Commodity Futures Trading Commission Acting Chairman Caroline Pham has scrapped “outdated guidance” on the delivery of crypto, which has been applauded for offering exchanges more flexibility. “Eliminating outdated and overly complex guidance that penalizes the crypto industry and stifles innovation is exactly what the Administration has set out to do this year,” Pham said…
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Crypto markets saw a slight pickup after the US Federal Reserve’s widely expected rate cut on Wednesday, and a larger bounce could be next, say analysts. The central bank has executed three consecutive interest rate cuts totaling 0.75% over a three-month period from September to December. Despite being fundamentally bullish for crypto in the long…
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The US Securities and Exchange Commission has given a subsidiary of the Depository Trust and Clearing Corporation a highly coveted “no-action” letter, allowing it to offer a new securities market tokenization service. The DTCC said on Thursday that its subsidiary, the Depository Trust Company, was given the go-ahead to launch “a new service to tokenize…
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Bitcoin miners, which can acquire the cryptocurrency at below-market costs, could be in the best position to shape corporate adoption as accumulation by crypto treasury companies slows, says BitcoinTreasuries.NET. Bitcoin (BTC) treasury companies are projected to buy 40,000 BTC in the fourth quarter, the lowest since Q3 2024, BitcoinTreasuries.NET President Pete Rizzo said in a…
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Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison after pleading guilty to wire fraud and conspiracy to defraud. In a Thursday hearing in the US District Court for the Southern District of New York, Judge Paul Engelmayer ordered that Kwon serve 15 years in prison for his role…
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Pakistan sees Bitcoin and digital assets as the backbone of a new financial rail for its 240 million citizens, a senior official said at the Bitcoin MENA Conference, signaling a shift toward formal regulation of crypto markets. Bilal Bin Saqib said on Tuesday that Pakistan can no longer rely on traditional economic models, but needs…
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HIVE Digital Technologies has debuted on the Colombian Stock Exchange under the ticker HIVECO, becoming the first Bitcoin and AI infrastructure company to trade publicly on a Latin American exchange. The move marks another sign of the sector’s expansion as Bitcoin miners and high-performance computing (HPC) companies push deeper into global capital markets. Announced on…
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The top Republican on the Senate Agriculture Committee said the full chamber could vote on US President Donald Trump’s pick to chair the Commodity Futures Trading Commission “maybe as soon as this afternoon.” In a prepared statement for a Thursday hearing on CFTC reauthorization, Committee Chair Glenn Thompson said the Senate could vote on Michael…
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Bitcoin’s (BTC) price action remained underwhelming this week after another failed attempt to reclaim the monthly volume-weighted average price (VWAP), with BTC consolidating near $90,000 following the Federal Reserve’s 0.25% interest rate cut. The market continued to reject any meaningful push above $93,000, thereby limiting bullish momentum. Key takeaways: One Bitcoin analyst said that liquidity…
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Mexico’s central bank warned in a new financial stability report that “stablecoins pose significant potential risks to financial stability,” citing their rapid growth, links to traditional finance and global regulatory gaps that could fuel arbitrage and magnify market stress. Stablecoins’ heavy reliance on short-term US Treasurys, market concentration with two issuers controlling 86% of the…
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