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European Central Bank president Christine Lagarde is warning that stablecoins pose serious liquidity risks unless policymakers close loopholes that let foreign issuers skirt EU rules. “We know the dangers,” she said i n prepared remarks for the European Systemic Risk Board conference. “And we do not need to wait for a crisis to prevent them.” Lagarde highlighted concerns over “multi-issuance schemes,” where stablecoins are jointly issued by entities inside and outside the EU. She said such schemes could leave European investors exposed in a run, since non-EU issuers aren’t bound by the bloc’s Markets in Crypto Assets (MiCA) framework, which mandates safeguards like prohibiting redemption fees. “In a crisis, investors would naturally prefer to redeem in the jurisdiction with the strongest safeguards,” she said. “But the reserves held in the EU may not be sufficient to meet such concentrated demand.” She compare...

A post to X, made by the official Solana handle over the weekend, has drawn criticism from the Ethereum community after comparing the blockchain to NASDAQ’s throughput of 2,000 transactions per second (TPS).  According to Etherscan data, Ethereum mainnet has processed a little under 1.7 million transactions in the last 24 hours, which works out at an average of 19 TPS. Solana’s post has been received by Ethereum “maxis” as a petty, apples-to-oranges comparison of Ethereum, a decentralized, permissionless global network, to NASDAQ’s closed-off, centralized stock exchange infrastructure. When they say the future of markets runs at 22 TPS but NASDAQ handles 2k trades per second pic.twitter.com/TAsGAcFc7k — Solana (@solana) August 9, 2025 Read more: Coinbase Base network halts for 44 minutes due to ‘unsafe head delay’ Samczsun, a well-respected pseudonymous crypto security researcher at Paradigm, implied that the post was an aggressive over-reac...

Robinhood (NASDAQ: HOOD) officially launched its tokenized equities offering in the European Union (EU) on June 30, enabling users to trade more than 200 U.S. stocks and exchange-traded funds (ETFs) 24/5 with zero commissions.  The new system Features tokenized versions of real-world assets (RWAs), fully backed and settled on-chain, while offering transparent audit trails and promising to blend blockchain and traditional finance (TradFi). A significant milestone for blockchain finance, the rollout led to a 13% surge in Robinhood’s share price.  Tokenized equities As blockchain adoption expands, more businesses are turning to tokenized shares as a new way to raise capital.  Namely, instead of issuing traditional stock certificates, companies can now offer equity in the form of digital assets, such as crypto, to expedite their operations and potentially expand their global reach. Robinhood’s tokenized trading platform runs on the Ethereum (ETH)...

The Ripple v. U.S. Securities and Exchange Commission (SEC) case has been going on for over four and a half years now.  Today, however, could prove pivotal, as June 16 marks the deadline for the SEC to submit a status update to the U.S. Court of Appeals for the Second Circuit, disclosing whether a settlement has been reached or if the appeal proceedings are set to continue.  On June 12, the two parties filed a revised joint motion with a Manhattan federal court to release the $125 million civil penalty held in escrow. Both sides cited past legal precedents to support their position and renewed their request for the judge to provide an indicative ruling. If Judge Analisa Torres approves the new motion, both parties are expected to drop their appeals and potentially clear the way for a full resolution.  XRP price analysis XRP gained 1.18% on June 15 as excitement before the deadline grew. At press time, the token is trading at $2.27, up 4.79% as ant...

Bitcoin plan controversy has recently emerged when Anthony Scaramucci actually revealed that Michael Saylor quite specifically criticized his rather conservative allocation strategy amid the ongoing and persistent market volatility and various cryptocurrency security concerns that currently exist in today’s ever-changing Bitcoin regulation environment. Also Read: AI Predicts Hedera Price If HBAR ETF Is Approved By May 2025? Understanding the Impact of Scaramucci’s Bitcoin Strategy on Market Volatility, Security, and Regulation Source: Fortune The bitcoin plan debate between these two prominent figures essentially catalyzed numerous discussions highlighting distinctly different approaches to cryptocurrency investment strategies. Scaramucci’s journey with bitcoin originally commenced during his brief White House tenure and subsequently evolved into a published strategy that ultimately faced significant criticism from industry leaders. The White House Introduction Scaramu...

Amid the ongoing overhaul of the US crypto policy and one of its key agencies, the US Securities and Exchange Commission (SEC) reportedly intends to dismiss its enforcement case against the Coinbase cryptocurrency exchange. Indeed, the agency has agreed, in principle, to drop the lawsuit, according to a report from the Wall Street Journal. The decision is now only pending the approval of key commissioners but could signal yet another turn toward embracing the asset class for the Trump administration. Since he was inaugurated in January, the SEC has sought to overhaul its stance regarding the emerging industry. JUST IN: SEC agrees in principle to dismiss enforcement case against Coinbase. — Watcher.Guru (@WatcherGuru) February 21, 2025 Also Read: SEC Launches Cyber Unit to Combat Cryptocurrency Fraud SEC Agrees to Dismiss Coinbase Lawsuit Pending Final Approvals The last several years have seen the SEC form a rather combative stance opposing the cryptocurrency sector. Under Gary Gensle...

Bitcoin is becoming like digital gold. This major shift comes from Federal Reserve Chair Jerome Powell, who says the leading cryptocurrency competes with gold, not regular money. Bitcoin’s price is now close to $100,000, changing how the financial world sees digital assets. This view from the top U.S. banking official marks a big change in how we think about cryptocurrency in global finance. Also Read: Shiba Inu: How High Will SHIB Go When Bitcoin Hits $115,000 Bitcoin’s Potential as Digital Gold: Impact on Investment, Security & Regulation “People use Bitcoin as a speculative asset. It’s like gold, it’s just like gold—only it’s virtual, it’s digital,” Powell said at the summit. Bitcoin has grown from a new technology into something many see as valuable, like gold. More investment firms now include Bitcoin in their portfolios, treating it similarly to how they treat gold investments. Market Volatility and Investment Security Bitcoin’...

Here, we look at the current state of cryptocurrency regulations and talk to experts on what to expect in 2024. As we step into the new year, analysts expect to see a surge in regulatory clampdowns in the crypto space. The rules will expand to cover anti-money laundering and counter-terrorist financing risks, the conduct of companies operating in the crypto space, and supervisory actions concerning token sales. In the U.S., the tempo of regulatory actions shows no signs of abating; likewise, the UK has introduced a set of rules equating the sale of crypto tokens to that of traditional financial products. Similarly, the European Union (EU) is set to become the first significant global jurisdiction to formally enact a broad suite of laws and regulations governing the crypto sector in 2024.  The Markets in Crypto Assets Regulation, or MiCA, aims to establish uniform EU crypto regulation and provide legal certainty for digital assets beyond the scope of current EU financial servic...

Bitstamp’s decision to discontinue operations in Canada is “primarily a timing issue” related to the firm’s expansion priorities, Bitstamp U.S. CEO said. Cryptocurrency exchange Bitstamp hopes to return to Canada after halting operations early next year, according to Bitstamp U.S. CEO and global chief commercial officer Bobby Zagotta. Bitstamp will officially discontinue its services to customers in Canada starting from Jan. 8, 2024, the exchange confirmed in a statement to Cointelegraph. As a result of the service termination, all Canada accounts on Bitstamp will be closed and customers will no longer have access to their accounts. Bitstamp has strongly recommended its Canadian customers withdraw their funds by January 2024, also urging the clients to deactivate their Bitstamp accounts. “We want to emphasize that your crypto assets always remain yours, and we are committed to reaching out to any customers who were unable to close their accounts themselves to ensure the return of the...

The sale has sparked chatter in local crypto enthusiasts, who say the two sites appear so similar that CommEx could be a "Russian version" of Binance.US. Cryptocurrency exchange Binance has claimed that it will fully quit Russia by selling its local business to a completely new exchange known as CommEx. While promising its customers a “smooth” migration, Binance hasn’t provided much information about its successor in Russia. At the time of the announcement, little is known about CommEx’s founders or background. The exchange was launched on Sept. 26, 2023, or just one day before Binance announced the sale of its business to the newly created exchange for an undisclosed amount. A spokesperson for CommEx didn’t respond to multiple questions from users about the company’s owners or executives in the official Telegram group. The person claimed that CommEx is registered in Seychelles and will serve its customers as a global exchange, focused on two main regions: the Commonwealth ...

Brazil’s Central Bank revealed the official name of the new central bank digital currency (CBDC), also known as the digital real, DREX. The name was revealed during a live broadcast on the bank’s YouTube channel, hosted by Fábio Araújo, coordinator of the digital real, and Aristides Cavalcante, deputy head of the Central Bank’s technology and information department. Araújo explained that DREX combines elements representing digital, real (Brazil’s currency), electronic, and transaction. It complements the Pix platform, a successful system in Brazil that offers free, instant electronic fund transfers using QR codes and simplified IDs like phone numbers. The branding for DREX includes two arrows leaning into the ‘D,’ symbolizing the evolution of currency from physical to digital, and a color transition from blue to light green, signifying ‘transaction completed.’ You might also like: Brazil central bank launching CBDC in 2024 DR...

Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology. Crypto industry advocacy bodies have slammed a newly proposed United States Senate bill for what they say is a confused approach to regulating the decentralized finance (DeFi) sector. On July 20, crypto think tank Coin Center and crypto advocacy group the Blockchain Association released separate statements describing the legislation as a “messy," " unworkable ," and "unconstitutional” way of regulating DeFi. Introduced on July 18, the bipartisan Crypto-Asset National Security Enhancement Act (CANSEE) bill aims to reign in money laundering violations in DeFi. If passed, the legislation would extend new penalties to anyone who “controls” or “makes available an application designed to facilitate transactions using a digital asset protocol.” They would also be required to adhere to anti-money laundering and financial reporting standards. T...

The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24. The United States Securities and Exchange Commission (SEC) will present its response to Coinbase’s first legal defense on July 13, according to a court order issued on Thursday, June 29. In a legal document filing, the SEC submitted a request to the court for a three-business-day extension. This extension was sought to provide the SEC adequate time to prepare a response to the letter submitted by Coinbase, the defendant. The defendants have agreed to the request. The previous deadline for the SEC to file its response to Coinbase’s letter was July 3, 2023, according to Rule 4(A) of the court’s individual rules. However, Judge Katherine Polk Failla approved the SEC’s request for more time and set the new date of July 13. In addition, the court rescheduled the pre-trial conference to a pre-motion conference, bringing it forward to July 13 at 2:00 p...