Crypto Advocate Kristin Smith to Exit Blockchain Association for New Solana Group
The chief of one of the industry’s most prominent lobbying arms, Smith will leave in May to join the Solana Policy Institute as president, her association says.
Policy
Japan Mulls Reclassifying Crypto as a ‘Financial Product’ to Curb Insider Trading: Report
Cryptocurrencies are currently categorized as a “means of settlement” under the Payment Services Act, a designation that has governed their use primarily as a payment tool rather than as investment vehicles.
Unicoin CEO: Why Are We Still Under the SEC’s Gun?
As a dozen crypto companies have been freed from enforcement actions and ongoing investigations, Unicoin remains in enforcement limbo.
U.S. House Stablecoin Bill Goes Live in Flurry of Crypto Activity on Capitol Hill
The House version of stablecoin legislation was released publicly as another bill on crypto clarity was reintroduced and the Senate weighed its crypto IRS effort.
Sen. Gillibrand Warns Against a ‘Watered-Down’ Stablecoin Bill
Gillibrand suggested that the long-awaited stablecoin bill could become law before the August recess.
Wyoming State Gears Towards Launching a Stablecoin This Year
The token is currently being tested on multiple blockchains, aiming to launch in July, state officials said at the DC Blockchain Summit
Ripple to Get $75M of Court-Ordered Fine Back From SEC, Drops Cross-Appeal
Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.
SEC Drops Investigation into Web3 Gaming Firm Immutable
The Australian crypto company disclosed it had received a Wells notice from the U.S. SEC last November.
Fidelity Files for Spot Solana ETF on Cboe Exchange
Cboe Exchange, which the ETF would be listed on, submitted a 19b-4 filing with the Securities and Exchange Commission on Tuesday.
U.S. Bank Agency Cuts ‘Reputational Risk’ From Exams After Crypto Sector Cites Issues
The crypto industry argued that U.S. regulators used the idea of risks to banks’ reputation to pressure them to reject digital assets clients, and the OCC has answered.