The European Banking Authority (EBA) recently released detailed guidelines aimed at addressing recovery plans specifically for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs) within the framework of the broader Markets in Crypto-Assets (MiCA) regulation. These guidelines are a crucial step in regulating the growing crypto-assets market in the European Union. The guidelines mandated
Coinbase has come forward to express its objections towards the SEC’s proposed $2.6 billion budget for the 2025 fiscal year. The cryptocurrency exchange pointed out that the SEC’s request for increased funding is primarily geared towards enforcement activities rather than towards fostering regulatory clarity in the crypto space. In a statement to CryptoSlate, a representative
The world of cryptocurrency is always full of surprises, with Bitcoin being one of the most popular and talked-about digital assets. Despite recent price fluctuations that saw Bitcoin drop from $69,000, the currency is still holding strong with bulls maintaining support above $67,000. This article will delve into the analysis provided by Crypto analyst CryptoCon
The Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, recently addressed the Senate Committee on Appropriations regarding the agency’s capacity to take on additional responsibilities in the crypto space. Behnam confidently stated that the CFTC is well-equipped to handle new crypto commodities within its jurisdiction. He emphasized that there is a regulatory gap
The landscape of the Bitcoin market is experiencing a shift in investor behavior, with new players embracing short-term trading strategies while seasoned hodlers remain steadfast in their convictions. A recent report by Bitfinex Alpha delves into this dichotomy in investor behavior, shedding light on the dynamics at play in the market. The emergence of spot
Crypto analyst Dave the Wave has recently provided an optimistic outlook for Bitcoin, despite the cryptocurrency’s recent stumble. In a social media post, he suggested that Bitcoin could skyrocket to as high as $300,000 based on his logarithmic growth channel (LGC) indicator. According to his analysis, this remarkable price surge is anticipated to occur in
In the wake of a $4.5 billion settlement with the SEC, Terraform Labs CEO Chris Amani announced that Terra will transition into a community project as the company prepares to wind down its operations. Amani emphasized the importance of the community taking ownership of the chain moving forward. He noted that certain teams and developers
In the world of cryptocurrencies, Bitcoin remains the flagship digital asset that often sets the tone for the entire market. Analysts have been closely monitoring its price action, especially in light of the recent halving event. Several major crypto analysts have shared their insights and predictions regarding the future trajectory of Bitcoin. CrediBULL Crypto’s Optimistic
The Zimbabwean government has taken a proactive step in regulating the virtual asset industry by initiating a comprehensive study. According to a report by the Zimbabwe Mail on June 12, a committee has been set up to gather data from crypto companies operating within the country. The primary objective of this study is to gain
In the midst of ongoing market volatility, XRP has recently shown signs of a temporary recovery. This comes after a period of sustained downward pressure, giving traders and investors a brief respite. However, it is important to note that this recovery is occurring within a broader context of fluctuating market conditions influenced by regulatory developments,