China

SEC makes quiet shift to brokers' stablecoin holdings that may pack big results

The SEC has shifted its focus towards the stablecoin holdings of brokers, which could have significant implications for the cryptocurrency market. This change may lead to increased scrutiny and regulation of how brokers manage and report their stablecoin assets. The move is seen as part of the SEC's broader efforts to enhance oversight in the crypto space. Industry experts suggest that this could impact liquidity and trading practices among brokers. Overall, the SEC's actions may reshape the landscape for stablecoins and their role in the financial ecosystem.

Read the full article: CoinDesk

Court Ruling Raises Risk of Nevada Trading Halt for Kalshi, Polymarket

A recent court ruling has increased the likelihood of a trading halt for Kalshi and Polymarket, two platforms that facilitate prediction markets. The ruling raises concerns about the legality of their operations under U.S. law, potentially classifying their offerings as illegal gambling. Both companies have faced scrutiny from regulators,

U.S. Senate housing bill includes CBDC ban

The U.S. Senate has included a ban on Central Bank Digital Currencies (CBDCs) in a housing bill aimed at addressing various housing issues. The provision seeks to prevent the Federal Reserve from issuing a CBDC that could be used as a direct payment method for consumers. Proponents of the

Circle Stock Extends Double-Digit Gains Amid Broader Crypto Rally

Circle's stock has seen significant double-digit gains as the cryptocurrency market experiences a broader rally. The company's positive performance is attributed to increased investor interest and optimism surrounding digital assets. Circle, known for its stablecoin USDC, is benefiting from the overall resurgence in crypto prices and

NEAR token jumps 17% after ‘Confidential Intents’ launch, outpaces privacy tokens sector

The NEAR token surged 17% following the launch of its 'Confidential Intents' feature, which enhances privacy for users on the NEAR blockchain. This increase allowed NEAR to outperform other privacy-focused tokens in the market. The new feature aims to provide users with greater confidentiality in their transactions, attracting

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Court Ruling Raises Risk of Nevada Trading Halt for Kalshi, Polymarket

U.S. Senate housing bill includes CBDC ban

Circle Stock Extends Double-Digit Gains Amid Broader Crypto Rally

NEAR token jumps 17% after ‘Confidential Intents’ launch, outpaces privacy tokens sector