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
Regulation
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
The recent political landscape surrounding cryptocurrency regulation is poised for a dramatic transformation, particularly with the election of Republican President Donald Trump. During his campaign, Trump pledged to overhaul existing enforcement practices related to the crypto industry, signaling a shift in priorities within agencies like the Justice Department. As the gears of government begin to
The world of finance is riddled with tension, particularly in an era defined by rapid technological advancement and the rise of cryptocurrencies. One poignant flashpoint is the ongoing discourse surrounding Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC). Tyler Winklevoss, co-founder of the Gemini crypto exchange and renowned Olympic rower, has
The battlefield of cryptocurrency prosecution in the United States is experiencing a notable shift, led by the U.S. Attorney’s Office in Manhattan. In the wake of several high-profile convictions, such as that of FTX founder Sam Bankman-Fried, the office has announced a significant scaling back of its focus on crypto-related crimes. This resurgence of caution,
The Hong Kong Monetary Authority (HKMA) has recently soundly alerted the public regarding a troubling trend concerning foreign cryptocurrency firms that are misrepresenting themselves as banks. In a notice issued on November 15, the HKMA stated that these deceptive practices are aimed at fostering trust among Hong Kong residents. This strategy, however, raises significant concerns
Christopher Giancarlo, a former chair of the Commodity Futures Trading Commission (CFTC), has recently found himself at the center of speculation regarding potential positions within key financial regulatory bodies in the United States. His denial of being considered as the next chair of the U.S. Securities and Exchange Commission (SEC) and the absence of interest
The ongoing discourse around the ownership of cryptocurrency among federal employees continues to spark debates within regulatory corridors. Recently, the Digital Chamber of Commerce submitted a formal appeal to the U.S. Office of Government Ethics, advocating for the reassessment of stringent regulations that currently prevent federal employees from possessing any form of digital assets. The
Recent commentary from Xiao Feng, the CEO of Hashkey Group, sheds light on the intersection of international politics and cryptocurrency markets. Feng’s thesis hinges upon the notion that a pro-crypto administration, particularly one led by Donald Trump, could influence China to adjust its stringent stance on digital currencies such as Bitcoin. As Trump positions digital