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The US Securities and Exchange Commission says it does not view memecoins as securities but warned any fraudulent tokens could still be subject to enforcement actions by other regulators.The agency’s Division of Corporation Finance said in a Feb. 27 statement that, in its view, memecoins “do not inv…
OpenSea said the U.S. Securities and Exchange Commission has ended its investigation of the NFT marketplace, according to Bloomberg. Earlier this month, the organization released a beta version of its OS2 platform and confirmed plans for a SEA token airdrop, which will be available to U.S. users.The…
Commenting on a JPMorgan report analyzing Tether's reserves and potential regulatory challenges, the stablecoin issuer's CEO Paolo Ardoino told The Block that the bank's analysts are "salty" and discount his company's $20 billion group equity in their assessment."Even in the most extreme scenario, J…
Today in crypto, the "Hawk Tuah" girl made her first media appearance after nearly two months of silence following the surge and collapse of the HAWK memecoin. Japanese authorities asked Apple and Google to remove unregistered crypto exchanges, including Bybit and KuCoin, from their app stores. Mean…
The U.S. Securities and Exchange Commission published a new Staff Accounting Bulletin Thursday withdrawing its controversial SAB 121.SAB 121 directed banks and other public companies that they had to mark any customers' crypto assets on their own balance sheets. SAB 122 "rescinds the interpretive gu…
Update (Jan. 23, 1:21 am UTC): This article has been updated to add information throughout.The Securities and Exchange Commission has canceled a controversial rule that asked financial firms holding crypto to record them as liabilities on their balance sheets.A new Staff Accounting Bulletin on Jan. …
Update (Jan. 23, 11:55 pm UTC): This article has been updated to add information throughout.The Securities and Exchange Commission has canceled a controversial rule that mandated financial firms holding crypto must record those holdings as liabilities on their balance sheets.A new Staff Accounting B…
President-elect Donald Trump is poised to issue executive orders on his first day that could repeal the U.S. Securities and Exchange Commission's controversial crypto accounting guidance, according to reporting from The Washington Post.Newly appointed crypto czar David Sacks and the Trump transition…
Brian Armstrong discusses the significance of the DOGE Department. Republicans gained majorities in both the House and Senate. Continue Reading:Brian Armstrong Highlights Economic Opportunities with New DOGE Department The post Brian Armstrong Highlights Economic Opportunities with New DOGE Departme…
Polymarket predicts a 99% likelihood of Republican control in the House, with the GOP securing a US Senate majority. The post Polymarket predicts a 99% chance of Republican control of the House appeared first on Crypto Briefing.
Pennsylvania bipartisan crypto protection law wins strong support from both parties, moves to state Senate as voter interest in digital assets grows
The Pennsylvania House of Representatives has passed a bill that could impact how digital assets are used within the state. House Bill 2481, also known as the Bitcoin Rights Bill, was approved with a bipartisan majority of 176 votes to…