CryptoSlate
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US Congress to potentially vote on new legislation for crypto industry by end of May
House Financial Services Committee Chairman Patrick McHenry said new legislation that will give the crypto industry greater clarity regarding...
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IMF backs crypto to solve Nigeria’s forex issues despite local crackdown
The International Monetary Fund (IMF) has recommended that Nigeria embrace the regulated use of digital assets by licensing international crypto...
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Hoskinson accuses Biden administration of ‘coordinated effort to kill crypto’
Cardano founder Charles Hoskinson has accused Joe Biden’s administration of a deliberate attempt to stifle the growth of the crypto...
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EU securities watchdog to review crypto eligibility for UCITS investments
The European Securities and Markets Authority (ESMA) has initiated a review of the rules governing crypto asset investments by UCITS (Undertakings...
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Robinhood CEO says SEC unwilling to facilitate crypto industry despite ‘good faith’
Robinhood CEO Vlad Tenev voiced strong concerns about the limitations regarding the accessibility of crypto for Americans and criticized the SEC...
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Taiwan revises money laundering act to include digital assets
Taiwan is bolstering its anti-money laundering regulations through amendments to its Money Laundering Control Act, as the island aligns its laws...
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SEC delays crypto wallet provider Exodus’ NYSE American listing amid ongoing scrutiny
Crypto wallet provider Exodus said the US Securities and Exchange Commission (SEC) made a “surprising last-minute decision” that...
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Biden administration to veto overturning of controversial SEC crypto rules
The Biden administration said on May 8 that it would veto H.J. Res. 109, which intends to overturn the SEC’s Staff Accounting Bulletin 121...
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US lawmakers introduce bill to suspend crypto mixer transactions
US lawmakers have proposed a new bill that aims to temporarily prevent financial institutions from engaging in transactions involving funds that...
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Emmer slams Gensler for ‘inconsistency, incompetence’ over SAB 121
House Republicans are gearing up to challenge the SEC’s controversial rule regarding digital asset custody, labeling it as an overreach of...
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Coinbase legal chief challenges SEC chair Gensler’s claim that most crypto tokens are securities
Coinbase chief legal officer Paul Grewal called on US SEC Chair Gary Gensler to stop misleading the market about the legal status of...
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The Digital Chamber slams SEC for issuing Wells Notice against Robinhood
The Digital Chamber , a crypto trade association, condemned the SEC for submitting a Wells notice to Robinhood Crypto. In a statement on May...
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Nigeria to remove Naira from P2P trading platforms to curb currency manipulation
The Nigerian government has revealed intentions to delist the national currency, the Naira, from all peer-to-peer (P2P) trading platforms....
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Bitwise CIO says regulatory hurdles are a boon for Coinbase amid SEC crackdown on crypto firms
In the wake of the Securities and Exchange Commission’s (SEC) recent crackdown on crypto firms, Bitwise Investments CIO Matt Hougan...
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SEC issues Wells Notice against Robinhood, crypto community calls it ‘scare tactics’
Robinhood’s crypto division received a Wells Notice from the US Securities and Exchange Commission (SEC) on May 4. According to a May 8...