The United States Consumer Financial Protection Bureau (CFPB) has proposed a rule to allow it to supervise large non-bank digital wallet and app providers. The rule is part of a larger move by…
The Ethereum (ETH) price broke out from a 200-day descending resistance trendline yesterday. The ETH price reached a new yearly high of $1,916 today. How long will it continue to increase? Ethereum Finally…
A suite of documents was published in the United Kingdom on Nov. 6 that concern stablecoin regulation. The Financial Conduct Authority (FCA) released a discussion paper, as did the Bank of England (BOE)….
As Bitcoin continues to thrive, reaching new yearly heights and gaining mainstream adoption, Arthur Hayes, the former CEO of BitMEX, voiced a concern that could potentially throttle Bitcoin’s defining essence. Hayes’ discourse sheds…
The United States Commodity Futures Trading Commission (CFTC) has turned its attention to how companies handle customer assets. The recent CFTC proposal seeks to enhance the rules for futures commission merchants (FCMs) and…
The recovery in the cryptocurrency market is underway, with the price of Bitcoin (BTC) surging 28.5% in October. However, the most important question is whether the 2023 increase is already the beginning of…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. A trader managed to exploit…
The United States Securities and Exchange Commission’s (SEC) recent postponement of Bitcoin ETF (Exchange Traded Fund) decisions to 2024 has stirred the pot in the cryptocurrency market. Industry experts see the delay as…
The Securities and Exchange Commission (SEC) has accused SafeMoon, its creator Kyle Nagy, CEO John Karony, and CTO Thomas Smith of orchestrating a colossal fraudulent scheme. This scheme was executed through the unregistered…
The United States Securities and Exchange Commission (SEC) announced Nov. 1 that it was charging SafeMoon and three of its executives with fraud and unregistered securities sales in connection with its SafeMoon token….
The fervor surrounding the potential approval of a United States-based spot Bitcoin ETF (exchange-traded fund) is reaching a crescendo. With Bloomberg Intelligence estimating a 90% chance of a nod from the Securities and…
Ethereum price has consolidated around the $1,750 to $1,850 range over the past week. On-chain analysis pinpoints the key metrics that show how large investors could propel ETH price toward $2500 in November. …
Crypto exchange-traded products (ETPs) saw their largest weekly inflows in more than a year, according to an Oct. 30 report from asset management platform CoinShares. Inflows were $326 million for the week ending…
Ripple CEO criticizes former SEC Chair Jay Clayton’s comments
Ripple CEO Brad Garlinghouse strongly criticized former United States Securities and Exchange Commission (SEC) Chair Jay Clayton’s remarks regarding the agency’s regulatory approach. Since the first quarter of 2023, the SEC has initiated…