Topic: crypto regulation
-
Coinbase Withdraws Support for Senate CLARITY Act
Coinbase unexpectedly withdrew its support for the CLARITY Act, a major crypto regulation bill, just before a key Senate vote, derailing the legislative process. The company's reversal, citing problematic last-minute changes influenced by traditional banks, created a rift within the industry, as ...
Read More » -
Trump Pardons Binance Founder Changpeng Zhao
President Donald Trump has pardoned Changpeng Zhao, founder of Binance, following his support for a Trump-affiliated crypto initiative and advocacy from the company. Zhao had previously received a four-month prison sentence and Binance paid a $4.3 billion fine for anti-money laundering failures a...
Read More » -
UAE Adopts Global Crypto Tax Reporting Standards
The United Arab Emirates has committed to the Crypto-Asset Reporting Framework (CARF), a major international standard for cryptocurrency tax reporting, to enhance financial regulation and transparency. Implementation of the framework will begin in 2027, with the first automatic exchange of tax-re...
Read More » -
Robinhood Launches Copy Trading After Warning Rivals on Regulation
Robinhood is launching a copy trading service called Robinhood Social, allowing users to manually follow and replicate trades of well-known investors, marking a strategic shift from its previous regulatory caution. The move reflects a changing regulatory environment and growing competition in soc...
Read More » -
YC Startups Can Now Get Funded in Stablecoin
Y Combinator now offers its standard $500,000 seed investment in stablecoins, integrating traditional venture capital with digital assets for practical benefits, especially for international founders. The funding will be available on major blockchains like Base, Solana, and Ethereum, aiming to in...
Read More » -
Melania Trump Named in Memecoin Fraud Lawsuit
A federal class action lawsuit alleges that Benjamin Chow and Hayden Davis orchestrated a multimillion-dollar fraud scheme involving multiple cryptocurrencies, including the $MELANIA token promoted by Melania Trump, by artificially inflating and dumping them. The plaintiffs claim the defendants u...
Read More » -
Warren Challenges Trump Admin Over AI Bailout Risks
Senator Elizabeth Warren is intensifying scrutiny over potential Trump administration plans to use public funds for AI corporate bailouts, citing close industry ties as a risk. She referenced OpenAI's actions, including a request to expand a federal subsidy to cover AI infrastructure, as evidence...
Read More »