A16z Crypto Urges UK to Avoid US-Style Crypto Regulation
A16z Crypto has written a letter to the UK Treasury, warning against adopting a “one-size-fits-all” approach to crypto regulation based on the Howey Test. A16z Crypto: The United Kingdom Must Take a Nuanced Approach to Crypto Policy The United States needs to catch up in digital asset policy. Industry players hope the United Kingdom will […]
Pepe Coin Soars, Ranks Third Among Meme Coins
Pepe, an Ethereum-based token inspired by a popular internet meme, has surged 92% in 24 hours to become the third-largest meme coin by market cap. Pepe launched on April 17 and has since increased by more than 1,800% from its local bottom, making some investors millionaires. The Meme Coin is designed in tribute to Pepe […]
FTM Co-Founder Plans to Launch Crypto Bank, Excluding US Customers
Andre Cronje, the co-founder of Fantom, a fast and secure smart contract platform, reveals his intention to open a crypto bank later this year but excludes US citizens due to regulatory hurdles. Andre Cronje, the co-founder of Fantom (FTM) , has hinted at introducing a new crypto-friendly bank later this year. However, due to the […]
MiCA: The EU’s Game-Changing Crypto Regulation
A summary of MiCA, the first-ever comprehensive regulation of cryptocurrencies in the EU. Learn what it is, why it matters when it will apply, and what it means for the crypto industry. The European Union has approved the world’s first comprehensive regulation of cryptocurrencies. The new rules will provide legal clarity and reduce risks for […]
Coinbase Sues SEC Over Crypto ETF Application Delay
Coinbase has filed a lawsuit against the SEC for its “unreasonable” delay in responding to its application for a crypto-based exchange-traded fund (ETF). The exchange claims that the SEC is acting in bad faith and creating uncertainty for the crypto industry. Coinbase, the largest cryptocurrency exchange in the US, has taken legal action against the […]