The New Civil Liberties Alliance (NCLA) has initiated a legal challenge against the Securities and Exchange Commission (SEC) concerning the implementation methods of the Consolidated Audit Trail (CAT). This lawsuit arises from NCLA’s belief that the SEC has overstepped its bounds and infringed upon SEC Tech Orders in the process. The CAT (Consolidated Audit Trail), … Read more
Senator Sherrod Brown, who chairs the Banking Committee, is proposing merging a stablecoin bill with unrelated legislations to increase its likelihood of being approved. By doing so, he not only expresses his perspective on the issue but also safeguards the crypto industry’s progress. According to Bloomberg’s report, Brown might back a bill concerning stablecoins if … Read more
John Deaton, an advocate for XRP, is strongly committed to joining Coinbase’s ongoing court case. This action demonstrates his firm belief in amplifying the power of cryptocurrency owners and investors by shedding light on the relevant matters at hand. Deaton, well-known for his criticism towards the SEC’s approach to regulating cryptocurrencies, strongly believes that the … Read more
Drift Protocol, a decentralized exchange built on Solana, has unveiled its new governance token named DRIFT and initiated an airdrop distribution for its users. This incentive program lasts for three months, designed to boost engagement within the Drift Community. Of the total DRIFT tokens, approximately 10% or 100 million equivalents will be distributed through this … Read more
Muhammad Ali Tamim, Iraq’s Deputy Prime Minister, held discussions with U.S. Secretary of State Antony Blinken to examine possibilities for future collaboration. Iraq is taking steps to minimize the release of harmful flare and tail gas, a byproduct of oil refining. Can Iraq become a significant player in the expanding Bitcoin mining industry? This is … Read more