Tag Archives: urges

In a thought-provoking statement on X (formerly Twitter), Balaji Srinivasan, the former Chief Technology Officer (CTO) at Coinbase and a notable figure in the venture capital world through his tenure at Andreessen Horowitz, stirred the crypto community and beyond with a bold proclamation: “VOTE FOR BITCOIN.” Srinivasan, leveraging his considerable …

In a recent statement before the House of Representatives, US Treasury Department Secretary Janet Yellen emphasized the need for Congress to pass legislation that provides clarity and regulation in the crypto markets.  Secretary Yellen Calls For Action ‘Digital Asset Risks’  During the Financial Committee hearing, Yellen highlighted the “risks” associated …

Michael Novogratz, the founder of Galaxy Digital, expressed his opinion on Senator Elizabeth Warren’s stance against the cryptocurrency space on X. The post comes in response to Warren’s announcement of additional support from her colleagues for the Digital Asset Anti-Money Laundering Act, a bipartisan bill aiming to address concerns about …

Amid the ongoing global crackdown on financial crimes and terrorism funding, the US government recently highlighted concerns regarding the alleged inadequate efforts of some companies operating in the crypto asset space. The US government particularly points to the potential role of digital assets in facilitating illicit financial transactions, urging companies …

Aside from Coinbase has raised concerns about the potential adverse impact of the proposed law across various sectors within the digital asset ecosystem. The recent proposal from the US Internal Revenue Service (IRS) regarding crypto tax regulations has drawn strong criticism from Coinbase, the largest cryptocurrency exchange in the United …

According to the report, in some countries, central banks are directing their attention toward wholesale CBDCs, which are designed to facilitate the settlement of interbank transfers and other wholesale transactions. Agustin Carstens, the General Manager of the Bank for International Settlements (BIS), has urged countries to take immediate action in …

In a recent interview with Fortune Magazine, Anatoly Yakovenko, renowned entrepreneur and co-founder of Solana, emphasized the urgent need for regulatory clarity in the blockchain industry to attract and retain top talent in the United States.  Yakovenko, who experienced the stark contrast between limited opportunities under Soviet rule and other …

Sandi Toksvig, the President of the Writers Guild of Great Britain (WGGB), has urged streamers to end their practice of “buy-out agreements” and embrace residuals, aligning with the WGA’s demands. The former Bake Off presenter is speaking in the next hour at the Trades Union Congress in Liverpool, where the …

The United States Securities and Exchange Commission has submitted a new filing pushing for the approval of its request to appeal the court’s judgment in the lawsuit against Ripple Labs. This comes exactly a week after the payment technology platform argued that the court should not certify the commission’s interlocutory …

The U.S. Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appeal a ruling from the Ripple Labs lawsuit that deemed that XRP was not a security when sold to retail investors. The agency argued that there are “knotty legal problems” surrounding the …

Earlier this week, US senator Thomas Tuberville (R-Ala.) and five other congressional Republicans called for investigations into Prometheum’s ties to Chinese entities, alleging connections with the Chinese Communist Party. US Congressman Ritchie Torres (D-N.Y.) has called for two independent investigations into the US Securities and Exchange Commission’s (SEC) actions, citing …

Further details are coming to light following a July 2 attack on cross-chain bridge platform Poly Network, which has resulted in a hacker being able to issue billions of tokens out of thin air for profit. In a July 2 Twitter post, Poly Network confirmed it became the latest DeFi …