Reports have emerged in recent days regarding Democratic presidential nominee Kamala Harris supposedly endorsing a tax on unsold assets, and the crypto community has already started pushing back on such a plan amid fears that the tax could have a negative impact on the broader crypto space.
Investment bank TD Cowen is getting crypto's expectations on the right track regarding the passage of bills for the industry – massive donations won't necessarily mean crypto bills will be passed anytime soon.
A top Harris campaign aide said the vice president will support policies for crypto growth, and his statement is at center of discussions in the community, with some believing the Democratic presidential candidate is ready for change, while others believe she has to directly speak about her views to be trusted.
The Democratic Party skipped Bitcoin and crypto in its 2024 platform, and while many crypto users are disappointed over the decision, others see it as a sign that indicates a new Democratic administration will no longer try to restrain the burgeoning industry.
Australia's ASIC has been on a year-long crackdown on investment scams, taking down websites that lure Australian consumers – among its targets in the crackdown were crypto investment scams.
Crypto executives are calling on the CFTC to withdraw its proposal for a new rule that could ban Polymarket and other similar betting platforms – some crypto leaders have also questioned the regulator's authority to regulate event contracts.
David Bailey believes there are three key things Vice President Kamala Harris can do to be called "pro-crypto" by the crypto community, which has long been seeking recognition and support from political powers.
Mike Alfred is under fire after he revealed that the vice president's team invited him to a crypto roundtable but he declined the offer – his move has been deemed by some in the industry as a wasted opportunity to let crypto's voice be heard by Democrats.
Coinbase has asked the court to force the SEC to produce documents that the crypto giant believes are crucial in its defense – documents Coinbase said the SEC has withheld on the grounds of privilege and burden.
The House passed a bill that seeks to establish an inclusive working group to protect the digital assets space from terrorism and illicit financing activities, months after the crypto industry saw successive support from Congress in the form of crypto-focused legislation.
Gary Gensler has become one of the most notorious names in the crypto space due to his enforcement-first approach toward regulating digital assets, and with Biden's exit, his future as the SEC chair may have become unclear.
Vitalik Buterin has publicly spoken up against a "trend" in the crypto industry wherein crypto voters favor supposed "pro-crypto" candidates without knowing the deeper reasons behind the candidates' support for the industry.
The SEC has reportedly allowed some companies and financial institutions to skip balance sheet reporting of customers' crypto assets, as required by a contentious staff bulletin that lawmakers are seeking to overturn.
An advisor for President Joe Biden attended a roundtable hosted by a Democratic leader for crypto leaders on Wednesday, raising hopes for more bipartisan efforts toward addressing the concerns of the emerging industry.
Mike Novogratz revealed that "most" Democrats outside the circle of Massachusetts Sen. Elizabeth Warren are actually pro-crypto – the claim comes amid increasing Republican support for the digital assets space.
Carole House, who helped draw up U.S. President Joe Biden's 2022 executive order on digital assets and is known for her more balanced views toward the crypto sector, has returned to the National Security Council as a cybersecurity advisor.
The SEC has decided not to pursue its investigation into Ethereum, according to Consensys, but the regulator said it doesn't mean the blockchain has been "exonerated."
SEC chief Gensler on Thursday told senators that he believes spot ETH ETFs will be approved for trading sometime this summer, but he once again dodged questions about Ether's status as a commodity or a security.
Thursday's Senate Appropriations subcommittee hearing was on fire as CFTC Chair Rostin Behnam was questioned about the regulator's capability in overseeing the digital assets industry.
Mark Cuban is convinced that both Joe Biden and Donald Trump have no deep understanding of the crypto sector, but he believes the incumbent President has more to lose in the upcoming election, and it could be because of the way SEC chief Gary Gensler has treated the crypto sector.
The SEC has decided to shut down its Salt Lake City office – where top lawyers in the regulator's Debt Box case were based – later in the year after experiencing "significant attrition."
Coinbase is rallying the crypto industry to support pro-crypto candidates, as it believes electing such candidates is the best way so far to get regulatory clarity for an industry whose request for clear crypto rules has been ignored by the SEC.
The support of 71 Democrats who voted Yes for FIT21 should be a "wakeup call" to senators and push them to also pass the bill so the digital assets can finally have a regulatory form, Rep. Patrick McHenry said.
The SEC is "already stretched" after it approved spot ETH ETFs, and this could mean there won't be further crypto ETF approvals anytime soon, a financial expert said.
The House – with significant support from Democrats – has passed FIT21, which could be the first step toward providing the crypto industry with a clear regulatory path forward.
Ripple's Alderoty has once again slammed Gensler for his leadership and the regulatory approach of the SEC toward digital assets, but this time, he pointed out how the SEC chief has become a political liability amid increasing Congress scrutiny.
Some Democrats, including digital assets skeptics, have voiced support for FIT21, a largely Republican-backed bill that could establish clear regulatory guidelines for the crypto industry.
The Senate has followed suit after House members voted in favor of Rep. Flood's resolution revoking SAB 121, which has been at the center of criticism from the crypto industry.
After Hong Kong, France's securities regulator has now released a warning notice to the public regarding ByBit, reiterating that the crypto exchange is not authorized to operate in the country.
NotWifGary is a new memecoin that will launch on Linea, and was established to represent the Ethereum community's resistance to the SEC's regulatory crackdown.
