The world of cryptocurrency has witnessed a significant evolution, particularly with the burgeoning interest in exchange-traded funds (ETFs) centered around altcoins. Eric Balchunas, a senior ETF analyst at Bloomberg, has shed light on the current state of these pending ETFs, forecasting a transformative period for the market. Presently, there are 14 altcoin-related ETFs in the
Regulation
Iran is on the verge of a financial metamorphosis as its Central Bank prepares to launch a pioneering central bank digital currency (CBDC), aptly named the Digital Rial. This initiative, aimed at modernizing the financial landscape of the country, was disclosed by Central Bank Governor Mohammad Reza Farzin during the 11th Annual Conference on Modern
Cryptocurrency ownership is witnessing a notable upward trend in the United Kingdom, with recent statistics indicating that 12% of adults now hold digital assets, a slight increase from the previous 10%. This growth, reported by the Financial Conduct Authority (FCA) on November 26, demonstrates a burgeoning interest in cryptocurrencies among the UK population. The awareness
As the new administration gears up to take office, the Blockchain Association—a prominent nonprofit advocating for the interests of the cryptocurrency and blockchain sectors in the United States—has articulated its priorities for the initial days under President Trump. In a recent communication, CEO Kristin Smith detailed crucial steps that need to be taken in order
Chris Giancarlo, often referred to as “Crypto Dad,” has emerged as a pivotal figure in the evolving landscape of cryptocurrency regulation in the United States. Having served as the chair of the Commodity Futures Trading Commission (CFTC) from 2017 to 2019, Giancarlo has been instrumental in recognizing and facilitating innovations within the financial technology sector.
In a remarkable turn of events, a federal court has invalidated the Securities and Exchange Commission’s (SEC) contentious dealer rule, marking a pivotal moment in the ongoing clash between regulators and the burgeoning crypto sector. The US District Court for the Northern District of Texas delivered its ruling on November 21, declaring that the SEC
Gary Gensler’s impending resignation as Chairman of the U.S. Securities and Exchange Commission (SEC) on January 20, 2025, marks a significant milestone not only for the agency but also for the broader financial landscape in the United States. His tenure, which began in April 2021, will be remembered for its regulatory fervor, especially in relation
In an ambitious stride toward modernizing the UK’s financial ecosystem, Agant is gearing up to introduce GBPA, a regulated stablecoin pegged to the pound sterling. With an impressive user base of over six million individuals actively participating in digital asset markets, alongside 32% of UK institutions now engaged in this space, the timing for GBPA
In a world where financial regulations constantly evolve, the leadership of regulatory bodies becomes increasingly crucial. Jesse Powell, the founder of the Kraken cryptocurrency exchange, recently expressed his endorsement for Brian Brooks, the former acting US Comptroller of the Currency, as a potential new chairperson for the Securities and Exchange Commission (SEC). Powell’s public support
Major Jason Lowery of the U.S. Space Force has ignited a conversation around an unconventional intersection of cryptocurrency and national security with his recent application to become a military advisor on the National Security Council (NSC) and the White House Office of Science & Technology Policy (OSTP). By announcing his aspirations on social media, Lowery