SEC Chair Gensler plugs changes to exchange definition that worries crypto
Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too.
Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too.
The crypto-friendly billionaire appears to be throwing his full support behind US presidential candidate Kamala Harris.
According to the World Bank, less than 50% of adults in the Middle East and North Africa region had access to adequate banking services.
Threats like AI-driven attacks and quantum computing vulnerabilities need to be addressed with real-time monitoring and solid regulation.
Despite the regulatory hurdles, the project’s WLD token surged 35% this week, from $1.60 on Sept. 19 to $2.16 on Sept. 26.
VARA CEO Matthew White said that clear and actionable guidance helps crypto providers deliver their services responsibly.
A spokesperson confirmed that Binance continues to serve a “limited number of existing Russian users” a year after announcing its full exit from Russia.
“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers.
According to BlockBeats, data from CME's 'FedWatch' tool on September 25 indicates that there is a 39.7% probability of a 25 basis point rate cut by the Federal Reserve in November. Additionally, there is a 60.3% probability of a 50 basis point rate cut.
According to PANews, stablecoin research firm Bluechip has revealed on the X platform that for every 50 basis points the Federal Reserve cuts interest rates, Tether's annual revenue decreases by $488 million, while Circle's annual revenue drops by $144 million. As the Federal Reserve lowers interest rates, the income stablecoin issuers earn from U.S. Treasury bonds declines, potentially forcing them to seek higher-risk investments to offset the revenue loss.Additionally, Bluechip shared a screenshot indicating that as of September 22, Circle and Tether collectively hold over $125 billion in U.S. Treasury bonds.