President-elect Trump promised the establishment of a strategic Bitcoin ‘stockpile’ during the Bitcoin 2024 event in Nashville Tennessee.  Industry executives are reportedly seeking a seat at President-elect Donald Trump’s highly-anticipated crypto advisory council, which will be responsible for crafting regulatory policy and expected to establish a Bitcoin (BTC) strategic reserve. According to a Reuters report,...Continue Reading

The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers.  The Graph, the decentralized indexing system that works much like Google for blockchains, has introduced a data standard for Web3. Called GRC-20, the standard would define how information is structured, shared, and connected across decentralized applications, according to...Continue Reading

The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies. A draft regulatory framework for crypto assets will be ready in the United Kingdom early next year, a Treasury official promised at City & Financial Global’s Tokenisation Summit in London on Nov....Continue Reading

After two years of bankruptcy hearings, FTX creditor reimbursements are set to begin, but the FTX estate remains embroiled in litigation. The FTX bankruptcy estate has updated its timeline for the creditor and former customer reimbursements — which should be finalized in January 2025 — and initial payouts are expected in March 2025. According to...Continue Reading

Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term. United States Securities and Exchange Commission (SEC) Chair Gary Gensler, known for his hardline stance on cryptocurrency regulation, will depart from the agency on Jan. 20, 2025, the securities regulator...Continue Reading

The crypto industry’s recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler’s planned resignation. The broker-dealer rule from the United States Securities and Exchange Commission (SEC), which changed the definition of a ‘broker’ to include all liquidity providers and automated market makers controlling more than $50 million in capital, has...Continue Reading

Mastercard Multi-Token Network is connecting with JPMorgan’s ambitious Kinexys Digital Payments for faster settlement. Mastercard and JPMorgan have joined forces for a new business-to-business cross-border payment solution. Mutual customers of Mastercard’s Multi-Token Network (MTN) and JPMorgan’s Kinexys Digital Payments will now be able to settle transactions through a single application programming interface (API) integration. Thanks to...Continue Reading

The agency highlighted consumer and industry comments in a 259-page report detailing the final draft of the “Larger Participants” rule. The Consumer Financial Protection Bureau (CFPB), a United States financial regulator, has finalized its rules governing the “Larger Participant” criteria for digital payment platforms and excluded the transfer of crypto assets from the rule. According...Continue Reading

Coinbase contends the delisting was based on a standard review of WBTC’s suitability to trade on the exchange. BiT Global claims Coinbase delisted Wrapped Bitcoin (WBTC) to gain a “competitive advantage” for Coinbase’s own Bitcoin (BTC) wrapper, Coinbase Wrapped BTC (cbBTC), the WBTC custodian told Cointelegraph. On Nov. 19, Coinbase tipped plans to suspend trading...Continue Reading

The biggest NFT partnership in history between McDonalds, Doodles and Pharrell coincided with huge floor price increases for NFT collections. The chances of NFTs taking Web3 mainstream just received a massive shot in the arm with 100+ million coffee cups branded in the family-friendly colorful artwork of the Doodles IP starting to appear at McDonalds...Continue Reading