Crypto bill draft will be released in April, says Senator Gillibrand
The Lummis-Gillibrand bill is expected to offer regulatory clarity for many crypto projects and determine whether they fall under the purview of the SEC or CFTC.
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CFTC continues to explore digital asset policy considerations in MRAC meeting
Commissioner Kristin Johnson said in prepared remarks that the U.S. digital economy was "witnessing the deployment of Web 3.0".
Russian Crypto Industry Association Asks Putin to Help With Regulations
The organization representing Russia’s crypto and blockchain sector has urged Vladimir Putin to spur regulatory efforts. The association fears the Russian Federation may lag behind other nations if it maintains…
Bitcoin price enters ‘transitional phase’ according to BTC on-chain analysis
BTC has struggled to overcome the $25,000 level, but on-chain analysis suggests that the pushback at the key price level is part of the transition out of the bear market.
US trustee appeals FTX bankruptcy judge’s ruling to deny appointment of independent examiner
The legal team for U.S. Trustee Andrew Vara petitioned to have the U.S. District Court consider an appeal for a ruling on an independent examiner in FTX's bankruptcy case.
SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud
The financial regulator’s complaint alleged that BKCoin raised roughly $100 million from investors to invest in crypto, but diverted some of the funds for personal use.
Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty
Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data,…
Solana faces ‘lack of appetite’ from US regulators, says Austin Federa
The Solana Foundation's head of strategy said he had heard from projects facing “pretty draconian” rules in the European Union related to liability of illicit crypto transactions.
Michael Saylor is still on the hook for alleged tax evasion, says MicroStrategy filing
A D.C. court denied a motion to dismiss claims that Michael Saylor failed to pay personal income taxes, with a status conference on the matter scheduled for March.
Derivatives data highlights crypto traders’ positive sentiment and belief in further upside
A 5.5% weekly decline in the total crypto market capitalization might have sucked the wind out of some altcoins, but it has done little to alter traders' bullish point-of-view.
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