Leading Wall Street Companies Gathered with SEC Crypto Team to Address DeFi Issues
Simply put On Tuesday, major players from Wall Street had a sit-down with the SEC to address worries about the agency’s approach to cryptocurrencies. The Securities Industry and Financial Markets Association (SIFMA) cautioned that allowing exemptions for tokenized securities and DeFi projects might destabilize the market. SEC Chairman Paul Atkins recently mentioned plans to formalize […]
Winklevoss Twins Close NFT Marketplace, Indicating the Decline of Crypto Art
Gemini Shuts Down Nifty Gateway Gemini, the cryptocurrency exchange run by Tyler and Cameron Winklevoss, has announced that it will be closing Nifty Gateway, a non-fungible token (NFT) marketplace they acquired in 2019. Currently, Nifty Gateway is only allowing withdrawals and will be completely shut down by February 26th. The decision aims to help Gemini […]
Coinbase ads prohibited in the UK for implying that crypto could help with the cost of living problem.
A cryptocurrency firm advised by George Osborne has been prohibited from running advertisements that imply its services could alleviate the cost of living crisis. Coinbase, which appointed the former Conservative prime minister to lead its global advisory board last year, has been deemed “irresponsible” by the UK’s advertising regulator for downplaying the risks involved with […]
Crypto Investor and Major Political Donor Contributes $5 Million to Revive Larkin Street in the Tenderloin
Ripple Labs Co-Founder Chris Larsen Makes Significant Donation for Larkin Street Revitalization Chris Larsen, co-founder of Ripple Labs, has made headlines again with a generous donation of $5 million aimed at supporting businesses along Larkin Street. The funding will go towards installing new security gates, increasing pressure washing of sidewalks, and boosting lighting in the […]
Bitcoin payments restricted by tax regulations, not by technology issues: Crypto executive
The Challenge Facing Bitcoin Pierre Rochard, who is the director at Strive, a Bitcoin finance company, pointed out that current tax policies are acting more like a payment system rather than focusing on improving technology for quicker and cheaper transactions. “Think of it this way: if the best athlete competes, they can easily beat the […]
Crypto Update: BitGo secures $212.8M in U.S. IPO
Crypto Market Developments As Bitcoin, Ethereum, and other cryptocurrencies continue evolving legally, institutionally, and technologically, the financial backdrop is also changing. Keeping informed about important crypto news can be valuable. For instance, you might want to check out ‘Crypto Currents’ for weekly updates and tune in to FlyCast Radio at 2 PM ET for daily […]
SEC decides to drop the case regarding crypto lending by Winklevoss’ Gemini
SEC Dismisses Case Against Winklevoss Cryptocurrency Exchange On January 23, the U.S. Securities and Exchange Commission decided to drop an enforcement case against a cryptocurrency exchange created by billionaire twins Tyler and Cameron Winklevoss, following the recovery of all assets by investors in its loan program. The SEC, alongside the exchange, now known as the […]
Sen. Kirsten Gillibrand feels hopeful that the Senate Agriculture Committee will move forward with the crypto bill despite disagreements.
Sen. Gillibrand Optimistic About Crypto Regulation Progress Senator Kirsten Gillibrand (D-N.Y.) expressed strong optimism regarding the Senate Agriculture Committee’s recent bill aimed at regulating cryptocurrencies, despite ongoing disagreements between Republicans and Democrats. “Senators have been collaborating quite intensively over the past six months on a bipartisan basis. We currently have two distinct bills,” she mentioned […]
UBS is exploring the option of providing crypto trading via its private banking services.
UBS to Launch Virtual Currency Trading Major Swiss bank UBS is reportedly gearing up to offer virtual currency trading, responding to increased interest from affluent clients. Bloomberg notes that UBS has been exploring potential partnerships for its cryptocurrency initiative for several months, although no final decisions have been made, according to anonymous sources cited on […]
Is Another XRP Milestone Approaching? Ripple CEO Predicts Crypto Peaks in 2026
Simply put Ripple CEO Brad Garlinghouse is feeling optimistic and expects the cryptocurrency market to reach a new all-time high in 2026. The executives at Ripple had previously suggested Bitcoin could hit $180,000 by year-end. Ripple-affiliated XRP, which peaked in 2025, has since dropped about 47% from its highest value as of Thursday. According to […]