Category: Crypto
SEC Commissioner Criticizes Ripple Deal, Warns of Weakening Legal Authority
SEC Commissioner Caroline Crenshaw criticizes the Ripple settlement, warning it may weaken the agency’s crypto enforcement power and investor protection efforts.
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Weekly Crypto Regulation News Roundup: Trump’s Crypto Links Spark Ethics Concerns, Stablecoin Framework in Limbo
Crypto governance has experienced a busy week: the SEC has opened tokenization discussions with Wall Street names like BlackRock and Nasdaq, Senate Democrats have questioned Donald Trump’s links to a meme coin and DeFi venture, and a long-awaited stablecoin framework has collapsed in a split vote.
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Michelle Bond Alleges ‘Stealth and Deception’ in Prosecutors’ 7-Year FTX Plea Deal
Michelle Bond says federal prosecutors have used stealth and deception to persuade her husband, former FTX executive Ryan Salame, to plead guilty, asserting they have not upheld an understanding that she would be spared campaign-finance charges stemming from her 2022 congressional bid.
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Pi Network Price Prediction: May 10 Decision Could Decide Everything as Unlocks Loom
Token unlocks continue to plague Pi Network (PI), creating challenging supply-demand dynamics that threaten its late-week surge.
The post Pi Network Price Prediction: May 10 Decision Could Decide Everything as Unlocks Loom appeared first on Cryptonews. …
eXch Crackdown: German Police Seize $38M Linked to $1.4B Bybit Hack
Germany’s Federal Criminal Police Office and Frankfurt prosecutors have seized €34 million in mixed crypto from eXch and shut its servers, stating the privacy-centric swap service has processed large portions of the Bybit hack’s $1.4 billion haul and other funds linked to Lazarus Group and CSAM networks.
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Scott Bessent Slams 48-49 Senate Snub – Will GENIUS Act Failure Cost U.S. Crypto Crown?
Scott Bessent has warned that the Senate’s May 8 failure to advance the GENIUS Act has left U.S. stablecoin regulation fragmented and could push digital‑asset development overseas, as Democrats cited AML and national security concerns in narrowly blocking the bill, threatening dollar dominance.
The post Scott Bessent Slams 48-49 Senate Snub – Will GENIUS Act Failure Cost U.S. Crypto Crown? appeared first on Cryptonews. …
Taiwanese Lawmaker Warns Reserves at Risk – Should Taiwan Hold Bitcoin Now?
Taiwanese Lawmaker Ko Ju-Chun has urged the government at the National Finance Conference on May 9 to add Bitcoin to national reserves, suggesting a 5% allocation as a hedge against currency volatility and potential conflict, while Taiwan’s FSC advances draft rules for virtual asset oversight.
The post Taiwanese Lawmaker Warns Reserves at Risk – Should Taiwan Hold Bitcoin Now? appeared first on Cryptonews. …
AI Agents Set to Spark $615B Boom in Blockchain Gaming Engagement
$614.9 billion—that’s where blockchain gaming revenue is now forecast to land by 2030 after AI agents began running wallets, cutting trades, and even bluffing at on-chain poker tables this week. Recent data shows that the global blockchain gaming market size was valued at $128.62 billion in 2022.While this growth is impressive, on-chain games still primarily […]
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Coinbase’s $2.9B Deribit Buy Unleashes 24/7 U.S.-Regulated BTC & ETH Futures
Coinbase has launched 24/7 CFTC-regulated Bitcoin and Ethereum futures via Coinbase Derivatives LLC, the first such offering in the US. Cleared by Nodal Clear and backed by Virtu, ABN AMRO and Wedbush, the move follows its $2.9bn Deribit purchase and precedes planned perpetual contracts.
The post Coinbase’s $2.9B Deribit Buy Unleashes 24/7 U.S.-Regulated BTC & ETH Futures appeared first on Cryptonews. …
Gemini Bags Malta MiFID License, Eyes EU-Wide Crypto Perps Rollout
Gemini has obtained a MiFID II license from Malta’s regulator, giving it EU-wide access to offer perpetual futures and other crypto derivatives. The exchange has also said it has been pursuing a MiCA license to widen services while competitors Coinbase and Kraken expand through major acquisitions.
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