A bill known as the Financial Innovation and Technology for the 21st Century Act (FIT21), spearheaded by Republicans, has cleared the House and is on its way to the Senate for further consideration before potentially reaching President Joe Biden's desk.
Read MoreUniswap has responded to the SEC's Wells notice with a 43-page submission, arguing against potential enforcement actions. The company asserts that it doesn't fit the mold of a traditional exchange and points out that the SEC lacks jurisdiction over assets like bitcoin, ether, and stablecoins, which are the primary assets traded on its platform.
Read MoreDemocratic Party members of the United States House of Representatives have received an email urging them not to vote against two upcoming pro-crypto bills, although they are strongly encouraged to do so.
Read MoreThe United Kingdom is poised to enact significant regulations concerning cryptocurrency staking and stablecoins as part of its ambitious agenda to establish itself as a prominent global cryptocurrency hub.
Read MoreThe securities regulator of the Philippines is poised to introduce a regulatory framework for cryptocurrency assets and trading by the latter part of 2024.
Read MoreDecentralized finance, or DeFi, has truly revolutionized the financial industry.
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