OpenSea has called on the United States Securities and Exchange Commission to make it official that NFT marketplaces aren’t exchanges or brokers under US securities laws. “We propose that the SEC clearly state that NFT marketplaces like OpenSea do notqualify as exchanges under federal securities laws,” the non-fungible token marketplace said in a letter to…
Share this article Singapore, April 8, 2025 — Kraken, one of the world’s leading cryptocurrency exchanges, has announced the listing of WINkLink (WIN) for spot trading, with new WIN/USD and WIN/EUR trading pairs. WINkLink is the first comprehensive oracle of the TRON ecosystem. The listing comes alongside the launch of the Reef Program, an airdrop…
Binance sets USDC as the default for Binance Pay as Trump pushes for deregulation. The stablecoin market cap soars to over $233 billion. Is tokenization the future? Crypto, like any other industry, thrives on collaboration. Recently, Binance—the world’s largest crypto exchange by trading volume and client count—announced that USDC, the stablecoin issued by Circle that…
Argentina’s Chamber of Deputies voted to approve the formation of a special congressional committee to investigate the controversial Libra (LIBRA) meme coin scandal, which has tied President Javier Milei to the project. The vote saw 128 in favor, 93 against, and seven abstentions. Libra Meme Coin Scandal According to the report, the committee will have…
Magic Eden has acquired Slingshot, a cross-chain crypto trading app that allows users to swap any token on any chain using a single USDC balance. According to an Apr. 9 press release statement, the acquisition marks a huge step for Magic Eden into broader on-chain trading, as interest in non-fungible tokens continues to decline. Slingshot’s…
Key Takeaways Paul Atkins confirmed as SEC chair, replacing Gary Gensler. Atkins aims to introduce a rational crypto framework at SEC. Share this article The US Senate on Wednesday confirmed Paul Atkins as head of the US Securities and Exchange Commission (SEC) in a 52-44 vote. He is expected to be sworn in and assume…
The U.S. Justice Department has scrapped its Crypto Enforcement Team, redirecting prosecutorial efforts exclusively toward cases linked to cartels and terrorism. This comes after the International Monetary Fund (IMF) launched a new Global Financial Stability Report, in which an entire chapter was dedicated to the worldwide risks posed by crypto. Although it wasn’t mentioned by name, El…
The U.S. Department of Justice (DOJ) has announced that it will no longer pursue criminal cases against crypto exchanges, developers, or users involved in regulatory violations. This follows the disbanding of the National Cryptocurrency Enforcement Team (NCET), a specialized unit that focused on crypto-related criminal activities. A Shift In Focus In a memo sent to…
Goldman Sachs has reversed its recession forecast after President Donald Trump announced a 90-day pause on most of the administration’s new tariffs, calming markets rattled by trade war fears. Earlier Wednesday, Goldman analysts shifted to a recession baseline following the rollout of new country-specific tariffs. But after Trump’s announcement, the firm updated its outlook to…
Key Takeaways Treasury Secretary Scott Bessent plans to review regulations affecting blockchain technology and digital assets. Financial inclusion is a key priority under Scott Bessent’s vision for regulatory reforms. Share this article The US Treasury will re-evaluate regulations that may be hindering innovation in blockchain, stablecoins, and emerging payment technologies, said Treasury Secretary Scott Bessent…
