Category: Business

[ad_1] Washington is reportedly scrambling to break a high-stakes deadlock over crypto rules as banks and digital asset firms clash over stablecoin rewards, pushing the White House to broker talks that could shape U.S. market structure policy. White House Steps in as Banks and Crypto Clash Over Stablecoin Rules Regulatory negotiations over digital assets continue…

[ad_1] Dakota, a stablecoin-focused neobank founded by veterans of Coinbase, Square, and Airbnb, has launched a platform that allows fintechs and enterprises to embed regulated, programmable global money movement via APIs. Cross-border money movement remains slow and expensive, and while stablecoins offer speed, adoption has been limited by regulatory and operational challenges. Dakota wants to…

[ad_1] Bitcoin’s (BTC) price has dropped 14.5% in the past 16 days, pushing the Crypto Fear & Greed Index to 16 (Extreme Fear), which is its lowest rating year-to-date. Crypto Fear & Greed Index. Source: alternative.me While selling has dominated markets over the past two weeks, Bitcoin derivatives data suggest the current trader positioning may…

[ad_1] The European Commission said it will send formal notices to 12 countries for failing to fully implement the EU’s tax reporting rules for digital assets. In its January infringements package released on Friday, the commission, which serves as the European Union body responsible for proposing legislation and ensuring member states follow certain laws and…

[ad_1] Misleading claims about Qoin approval, liquidity, and merchant acceptance were upheld. The court imposed financial penalties, public notices, and a long-term operating ban. ASIC is easing some crypto licensing requirements while maintaining enforcement pressure. Australia’s long-running court battle against BPS Financial has ended with a decisive ruling that sharpens the spotlight on regulatory gaps…

[ad_1] Coinbase is testing a new stablecoin called USDF on its exchange backend, the company said on Tuesday through its Coinbase Markets account. The token has been enabled for operational testing only, with trading, deposits, and withdrawals currently unavailable. A new Coinbase Custom Stablecoin, USDF, has been enabled on Coinbase Exchange for operational testing. Please…

[ad_1] Russia has designated Ukrainian crypto exchange WhiteBIT as an “undesirable organization,” banning its operations and criminalizing any association within the country. Allegations of Financing the Ukrainian Military The Russian Prosecutor General’s Office has reportedly designated the Ukrainian cryptocurrency exchange WhiteBIT as an “undesirable organization,” effectively outlawing its operations on Russian soil and criminalizing any…

[ad_1] Bitcoin’s (BTC) monthly gains have been limited to just 2.2%, but February could mark a bullish shift. Since 2016, the week ending Feb. 21 has recorded the highest median return at 8.4%, with Bitcoin closing higher 60% of the time. Key takeaways: February has delivered a median 7% weekly BTC return historically, outperforming October’s…

[ad_1] The US Senate Agriculture Committee and two federal financial agencies have delayed events related to digital asset regulation amid a winter storm that paralyzed many areas of the country over the weekend. A spokesperson for Senate Agriculture Committee Chair John Boozman told Cointelegraph on Monday that the body would push a scheduled markup for…

[ad_1] Ripple and LMAX Group have formed a multi-year partnership to accelerate the convergence of traditional and digital finance, with Ripple investing $150 million to support LMAX’s cross-asset growth strategy. Under the agreement, LMAX will integrate RLUSD, Ripple’s fiat-backed stablecoin, as a core collateral asset across its global institutional trading platforms. The rollout will allow…