Government policy, laws and regulation shaping digital assets and the future of money.
The newly established Department of Government Efficiency (DOGE), led by Elon Musk, is facing a legal challenge just as U.S. President-elect Donald Trump takes office. The agency, created to reduce government spending and streamline regulations, is being sued for alleged violations of federal transparency laws. National Security Counselors, a public interest law firm, has filed … Read more
Phillip Chen, a Republican representative in the California State Assembly, has announced a strategic partnership with Proof of Workforce, a Santa Monica-based nonprofit organization, to introduce pro-Bitcoin legislation in the upcoming legislative session. The initiative seeks to establish a clear regulatory framework for integrating Bitcoin into local and state institutions. The collaboration will prioritize financial … Read more
Legal experts have begun analyzing how Trump’s actions might influence the Ripple lawsuit, one of the most significant cases in the cryptocurrency sector. Attorney Bill Morgan recently highlighted the potential implications of Trump’s stance on cryptocurrencies for the legal battle between Ripple and the SEC. The Ripple case centers on whether the sale of XRP, … Read more
Cryptocurrency exchange Crypto.com has been granted a license to operate under the European Union’s new Markets in Crypto Assets (MiCA) regulations. This marks a significant development for both the exchange and the crypto industry as a whole. MiCA’s Impact MiCA, which came into effect in late December, establishes a regulatory framework for crypto assets across … Read more
California State Assemblymember Reggie Chen is collaborating with Proof of Workforce, a Santa Monica-based non-profit, to educate workers, unions, pensions, and municipalities about Bitcoin. Their joint initiative aims to craft pro-Bitcoin legislation and explore ways to integrate Bitcoin into public policy, with the goal of benefiting local communities and infrastructure. Proof of Workforce, led by … Read more
The path to a Solana-based exchange-traded fund (ETF) remains fraught with obstacles, as ongoing regulatory reviews and unresolved legal battles complicate its approval. Bloomberg analyst James Seyffart highlighted these challenges, citing the U.S. Securities and Exchange Commission’s (SEC) litigation against cryptocurrency exchanges as a key factor. SEC Lawsuits Impede Solana ETF Progress Seyffart explained that … Read more
XRP, the cryptocurrency associated with Ripple Labs, has seen a remarkable surge this year, outperforming other major digital assets with a gain of over 60%. This rally comes after years of legal battles with the U.S. Securities and Exchange Commission (SEC), which sued Ripple in 2020 for allegedly selling unregistered securities. A recent court ruling … Read more
Charles Hoskinson, the founder and CEO of Input Output Global (IOG), is positioning himself as a key player in shaping cryptocurrency regulations in the United States. As Donald Trump prepares for his presidential inauguration on January 20, crypto enthusiasts are closely watching how his administration will impact the sector, with a pro-crypto agenda in the … Read more
The U.S. Securities and Exchange Commission (SEC) has formally appealed the recent district court ruling in its lawsuit against Ripple Labs. The court had previously ruled that certain XRP sales to retail investors did not violate securities laws. The SEC’s appeal challenges the court’s distinction between institutional and retail investors, arguing that it contradicts … Read more
Arkansas lawmakers have introduced a bill that would prohibit crypto mining operations within a 30-mile radius of any U.S. military facility in the state. Senate Bill 60, sponsored by Senator Ricky Hill and House Speaker Brian Evans, aims to amend the Arkansas Data Centers Act of 2023 to address concerns about national security and noise … Read more