US lawmakers introduce bill to suspend crypto mixer transactions

US lawmakers have proposed a new bill that aims to temporarily prevent financial institutions from engaging in transactions involving funds that have been through crypto mixers. Congressman Sean Casten (IL-06) introduced the bill on May 7 and received support from Representatives Bill Foster, Brad Sherman, and Emmanuel Cleaver. дальше »

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Ripple’s proposed stablecoin is an ‘unregistered crypto asset’ — SEC

The SEC calls Ripple's proposed stablecoin an "unregistered crypto asset" in its court battle over XRP sales, seeking almost $2 billion in fines. The post Ripple’s proposed stablecoin is an ‘unregistered crypto asset’ — SEC appeared first on Crypto Briefing. дальше »

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SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’

The US Securities and Exchange Commission (SEC) appears to be targeting Ripple’s proposed stablecoin in its latest court filing against the crypto company. In its May 7 redacted remedies reply brief, the regulator described the proposed stablecoin as an “unregistered crypto asset” and further evidence that the company will continue to engage in unregulated activities […] The post SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’ appeared first on CryptoSlate. дальше »

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Nearly All FTX Creditors Will Get 118% of Their Funds Back in Cash, Estate Says in New Plan

Bankrupt cryptocurrency exchange FTX has proposed a new reorganization plan that would see a whopping 98% of its creditors get back 118% of their claims – in cash – within 60 days of court approval, according to new documents filed Tuesday evening. дальше »

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NYSE Arca withdraws Grayscale’s futures ETH ETF 19-b4 filing

The US SEC reported a critical Grayscale withdrawal on May 7 that could have broad implications for spot Ethereum ETFs. Specifically, NYSE Arca withdrew a 19-b4 filing containing a proposed rule change through which it intended to list and trade shares of Grayscale’s Ethereum Futures Trust ETF. дальше »

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XRP Ledger To Undergo Major Upgrades: What To Expect

The XRP Ledger (XRPL) is set to undergo a series of substantial enhancements that promise to expand its functionality and market relevance significantly. These proposed upgrades, outlined by renowned community member Krippenreiter via X, cover a broad spectrum from improving interoperability to bolstering the ledger’s decentralized finance (DeFi) capabilities. дальше »

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New stablecoins law proposed in US — but what are the pros and cons?

Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in… дальше »

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Charles Hoskinson Proposes Merging Cardano With Bitcoin Cash

Charles Hoskinson has proposed merging Cardano with Bitcoin Cash, aiming to create the fastest, most efficient proof of work chain while enhancing blockchain scalability and DeFi functionalities. The post Charles Hoskinson Proposes Merging Cardano With Bitcoin Cash appeared first on BeInCrypto. дальше »

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New US bill aims to eliminate double taxation on crypto staking rewards

Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify… дальше »

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Aave proposes upgrade to v4 in strategic 2030 roadmap

Aave Labs has released its strategic roadmap for 2030 that introduces several key initiatives, including the launch of Aave V4, a new visual identity, and expanded DeFi functionalities. The “Temp Check” proposal aims to gather the Aave community’s feedback on the proposed enhancements to advance the Aave protocol. дальше »

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Is Litecoin Next? Proposed ETF Could Bolster Crypto’s Mainstream Appeal

The world of cryptocurrencies is abuzz with the potential arrival of a new Exchange Traded Fund (ETF): the Litecoin ETF. Championed by Litecoin founder Charlie Lee, the proposed ETF is aiming to gain the coveted approval from the US Securities and Exchange Commission (SEC). дальше »

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Russia crypto ban starts September 2024, but there's some exceptions

Russia plans to “ban” crypto Q3 2024, citing “geopolitical realities.” There are exceptions, like miners, to the proposed cryptocurrency ban. Russia plans to enforce strict regulatThe post Russia crypto ban starts September 2024, but there's some exceptions appeared first on AMBCrypto. дальше »

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Franklin Templeton Spot Ether ETF Added On DTCC Website, Fueling Hopes For SEC Approval

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Ace Exchange Suspects Should Get 20-Year Prison Sentences: Prosecutors

Prosecutors in Taiwan have proposed lengthy prison sentences for ACE Exchange’s founder, David Pan, and former executives as main suspects in an alleged fraud and money laundering case. This development came after the Taiwanese authorities initiated a fresh round of charges against the exchange founder and several others. дальше »

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Goodbye Ethereum Spot ETFs — US SEC Angling To Reject Offering With Approvals Touted For 2025

The US Securities and Exchange Commission (SEC) appears set to reject applications for spot ether exchange-traded funds (ETF), with recent in-house meetings painting a bleak future for the proposed offering. дальше »

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Russia’s Legislative Body Considers Diving Into Crypto – Will They Mine Or Maul It?

Russia is dipping its toes into the world of cryptocurrency with a proposed bill aimed at legalizing and regulating crypto mining within its borders. The bill, submitted to the State Duma, the lower house of parliament, seeks to strike a balance between encouraging this new industry and mitigating potential risks. Related Reading: David Vs. Goliath? […] дальше »

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Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said. дальше »

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WEEX Exchange Set to Launch WXT Token to Revolutionize Its Ecosystem and Community Engagement

WEEX Exchange, a renowned crypto trading platform catering to over 2 million users worldwide, has announced plans to launch its proprietary token, the WEEX Token (WXT). While the exchange is committed to offering diverse trading options, including spot and futures trading, alongside innovative features such as copy trading, the proposed launch of the WEEX token […] дальше »

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Ripple proposes $10M settlement to SEC’s $2B fine

Ripple has proposed a $10 million settlement to the SEC instead of paying a $2 billion fine demanded by the regulator over XRP token sales. The post Ripple proposes $10M settlement to SEC’s $2B fine appeared first on Crypto Briefing. дальше »

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Ripple challenges SEC’s $2 billion fine, proposes $10 million settlement instead

Crypto company Ripple has responded to the Securities and Exchange Commission’s (SEC) pursuit of nearly $2 billion in fines by advocating for a different approach. In a court filing dated April 22, Ripple proposed that the Court reject the SEC’s demands and instead impose a civil penalty not exceeding $10 million. дальше »

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Ripple Officially Opposes Sec’s $2 Billion Fine in Ongoing XRP Lawsuit

Ripple Labs contests the SEC's proposed $2 billion fine, setting a potential industry precedent. They argue for a reduced penalty, citing broader sector implications. The post Ripple Officially Opposes Sec’s $2 Billion Fine in Ongoing XRP Lawsuit appeared first on BeInCrypto. дальше »

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PayPal to offer BTC rewards to sustainable Bitcoin miners

Paypal plans to reward Bitcoin mining firms who take steps to reduce the environmental effects of their operations. PayPal’s Blockchain Research Group, in partnership with Energy Web and DMG Blockchain Solutions, has proposed utilizing “cryptoeconomic incentives” to encourage Bitcoin miners… дальше »

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Robert F. Kennedy Jr proposes putting the 2024 US budget on blockchain

United States presidential candidate Robert F. Kennedy Jr. has proposed to put the nation’s 2024 budget on a public blockchain. During his April 21 rally in Michigan, Kennedy said that putting the U. дальше »

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Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s

CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules. дальше »

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Coin Center says Senate-presented stablecoin bill poses risks to innovation and free speech

Coin Center says the recently proposed stablecoin bill from Senators Cynthia Lummis and Kirsten Gillibrand may be “unconstitutional” due to its ban on algorithmic payment stablecoins. Coin Center, a non-profit advocating crypto organization, said in a recent blog statement that… дальше »

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Buckle Up, Injective (INJ) Primed For Takeoff Towards $50 — Analyst

Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is currently at the center of attention. The platform’s proposed upgrade, Injective 3. дальше »

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FTX investors agree to drop civil lawsuit against SBF if he snitches on celebrity promoters

FTX investors may drop claims against the company’s co-founder and former CEO, Sam Bankman-Fried, in return for his support. Bloomberg reported on April 19 that, under a proposed settlement, Bankman-Fried would cooperate against celebrity promoters named as defendants in a $1. дальше »

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Senator Warren wants to extend anti-money laundering rules to crypto miners and validators

US Senator Elizabeth Warren said any new crypto regulation, including the newly proposed regulatory framework for the stablecoin market, must include the full suite of anti-money laundering authorities that the Treasury Department requested in November 2023. дальше »

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New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee

The Arkansas Senate has greenlit a resolution introducing legislation to impose fees on crypto miners for excessive energy consumption, Arkansas Times reported on April 15. The proposed legislation introduces a tiered fee structure to the emerging industry. дальше »

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Ripple Steps Into DeFi, Announces XRP Lending Protocol

Ripple's XRPL proposed native lending protocol would enable direct lending and borrowing of fungible tokens like XRP, wBTC, and wETH. The post Ripple Steps Into DeFi, Announces XRP Lending Protocol appeared first on BeInCrypto. дальше »

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XRPL On-Chain Lending Protocol Design Proposed by Devs

Native on-chain lending protocol idea employs three new XLS and is set to advance DeFi ecosystem on XRPL дальше »

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TokenFi Developers Propose New Program to Boost Benefits for TOKEN Holders

The proposed move would allow eligible users to acquire up to four times more tokens than the standard quota per wallet, among other benefits. дальше »

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SEC seeks comments on three spot Ethereum ETF filings, analysts not bullish 

All eyes are on the United States Securities and Exchange Commission (SEC), which has opened a period for public feedback on three ether spot exchange-traded fund (ETF) proposals. “The Commission is publishing this notice to solicit comments on the proposed… дальше »

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SEC opens request for comments on 3 spot Ethereum ETFs

The SEC has opened comments on Grayscale, Fidelity, and Bitwise‘s applications to launch spot Ethereum exchange-traded funds (ETFs). The notices apply to proposed rule changes through which two exchanges — Cboe BZX and NYSE Arca — aim to list and trade shares of the three funds. дальше »

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'Asking to get hurt' - Why Aave founder bashed MakerDAO's move

Ethena’s USDe faced strong criticism after the MakerDAO deal.  Aave proposed the delisting of DAI as collateral against MakerDAO move.  Ethena’s [ENA] so-called 'synthetic dollar,' USDThe post 'Asking to get hurt' - Why Aave founder bashed MakerDAO's move appeared first on AMBCrypto. дальше »

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MakerDAO Initiates Massive $600 Million DAI Investment In USDe And sUSDe

Decentralized Finance (DeFi) protocol MakerDAO is considering allocating 600 million DAI stablecoins to the USDe and staked USDe (sUSDe) protocols through the DeFi lending platform Morpho Labs. The proposed allocation aims to improve risk management and maximize user incentives in the DeFi landscape. дальше »

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Aave considers dropping DAI as collateral over contagion concerns from MakerDAO’s USDe move

Marc Zeller, the founder of the Aavechan Initiative, has proposed to the decentralized autonomous organization (DAO) overseeing Aave to remove DAI stablecoin’s collateral status within the protocol’s lending ecosystem. дальше »

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SEC seeks $2b fine from Ripple Labs for misconduct

The U.S. SEC has proposed a $1.95 billion penalty against Ripple Labs, urging a New York court to assess the gravity of the company's actions. дальше »

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New Hampshire Has a Better Approach to DAOs

The state's proposed law would grant legal personhood and limited liability for participants of decentralized autonomous organizations (DAOs). дальше »

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Ripple execs reveal SEC seeking $2 billion in fines, say regulator has ‘become unhinged’

Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty have revealed that the SEC is seeking a staggering $2 billion in fines and penalties. According to the company’s executives, the fines have been proposed in a court filing that will be unsealed on March 26. дальше »

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Canary network testing proposed after AMM launch issues on Ripple’s XRP Ledger

Ripple‘s developer arm, RippleX, revealed that some of the recently introduced Automated Market Maker (AMM) pools on XRP Ledger (XRPL) encountered technical issues that prevented transactions from processing correctly. дальше »

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European Parliament approves ban on anonymous crypto transactions

The European Parliament has a approved a proposed ban on anonymous crypto transactions executed through self-hosted wallets. дальше »

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Estonia’s crypto service providers face new regulations as government approves bill

The Estonian government has passed a bill that would see crypto service providers subject to new requirements. Under the proposed legislation, crypto firms would be supervised by Estonia’s Financial Supervision Authority (FSA). дальше »

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BEFE Coin Takes the Meme Market by Storm: Trending this week!

Billy Markus and Jackson Palmer may not have anticipated the seriousness with which the BEFE token would rise to prominence in the memecoin family when they first proposed the idea of creating a memecThe post BEFE Coin Takes the Meme Market by Storm: Trending this week! appeared first on AMBCrypto. дальше »

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Bankman-Fried’s lawyers decry proposed 50-year sentence as ‘medieval view of punishment’

Sam Bankman-Fried’s lawyers criticize prosecutors’ 50-year prison proposal as distorted, amid wire fraud and conspiracy accusations related to his crypto empire’s downfall. U.S. prosecutors’ proposal to put FTX founder Sam Bankman-Fried in prison for as long as 50 years adopts… дальше »

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DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say

Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not. дальше »

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Fidelity adds staking feature in amended spot Ethereum ETF filing

Fidelity, a financial services behemoth, is seeking approval to stake a portion of the Ether held by its proposed spot Ether exchange-traded fund (ETF) in order to offer additional income to clients. дальше »

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Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees

The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry. дальше »

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UK Treasury proposes regulatory overhaul for crypto assets and money laundering

The United Kingdom Treasury has released a consultation paper detailing proposed changes to money laundering regulations, with significant implications for the regulation of crypto assets.  These amendments are motivated by the outcomes of a comprehensive review of the Money Laundering,… дальше »

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Biden’s 2025 budget targets crypto tax loopholes, expands digital asset oversight

The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025. дальше »

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