The value of the cryptocurrency market increased by 2.29% to reach approximately $3.36 trillion, as markets bounced back. This surge was largely fueled by Bitcoin (BTC), which surpassed $97,000, marking a rise of more than 2% within the last day. Earlier in the week, Bitcoin dipped below $90,000, causing market turbulence and a significant drop … Read more
Crypto.com has refused the Commodity Futures Trading Commission’s demand to halt all transactions related to their sports contracts while the commission evaluates potential rule breaches in gaming regulations. Based on a recent Bloomberg article, the Commodity Futures Trading Commission (CFTC) has requested that a cryptocurrency exchange temporarily halt all transactions involving sports-themed contracts. The CFTC … Read more
Discussions on the next stage of cryptocurrency guidelines initiated by South Korea, emphasizing stablecoins and user safety, are set to begin, with a proposed plan likely to emerge around mid-2025. According to a report from local news source EDaily, the Financial Services Commission of South Korea has begun drafting the next stage of its cryptocurrency … Read more
Tom Emmer steps into the position of Vice Chair for Digital Assets, expressing firm worries about the Securities and Exchange Commission’s existing regulatory methods in this area. January 14 saw Tom Emmer, a U.S. lawyer and Representative, being designated as the Deputy Chair of the Subcommittee dealing with Digital Assets, Financial Technology, and Artificial Intelligence. … Read more
In an effort to improve the inefficiencies found in pricing within traditional financial systems and off-exchange transactions, Yoann Turpin, a co-founder of Wintermute, advocates for increased use of Decentralized Finance (DeFi) solutions. In a recent social media update, Yoann Turpin, one of the founders of Wintermute – an advanced trading platform specializing in boosting liquidity … Read more