The US Securities and Exchange Commission has delayed decisions on multiple crypto exchange traded funds (ETF) proposals Wednesday, pushing back deadlines for funds including BlackRock and Franklin Templeton. According to SEC filings, the agency has set a new deadline of Nov. 13 for Franklin’s Ethereum staking amendment, and Nov. 14 for its Solana and XRP ETFs….
Over 48,000 Nepalese people downloaded Block CEO Jack Dorsey’s peer-to-peer messaging app, bitchat, amid a series of violent protests over corruption and a short-lived social media ban earlier this week. It followed a similar uptick in downloads in Indonesia last week after corruption-related protests erupted, according to Bitcoin open-source developer “callebtc,” who is working on…
Brian Quintenz, US President Donald Trump’s pick to chair the US Commodity Futures Trading Commission (CFTC), has made public several texts between himself and Gemini co-founders Cameron and Tyler Winklevoss, suggesting reasons why the brothers may have attempted to interfere with his nomination to the agency. In a Wednesday X post, Quintenz said he had…
Today in crypto, the Polygon Foundation said it has restored consensus and finality functions after a software bug knocked some nodes out of sync. US SEC Chair Paul Atkins weighed in on Project Crypto. Meanwhile, analysts argue the current bearish sentiment in digital asset markets may be short-lived. Polygon fixes RPC node bug, consensus returns…
Keith Kelley, a Republican state senator representing Alabama’s 12th district, is sounding the alarm for the potential impact of the federal stablecoin bill, the GENIUS Act, two months after it was signed into law by US President Donald Trump. In a Wednesday op-ed for 1819 News, Kelley said there was a loophole in the GENIUS…
The US Senate Banking Committee has advanced the nomination of Stephen Miran to a temporary position on the Federal Reserve Board of Governors after another member resigned in August. In a Wednesday meeting, the banking committee voted along party lines, 13 to 11, to advance Miran’s nomination to the full Senate for consideration. All Democrats…
US Securities and Exchange Commission (SEC) Chair Paul Atkins said that “most crypto tokens are not securities,” while outlining a sweeping plan to integrate crypto activities like trading, lending and staking under a unified regulatory framework. “It is a new day at the SEC,” Atkins said during a keynote address at the Organization for Economic…
Key takeaways Japan plans to replace progressive crypto tax rates up to 55% with a flat 20% by fiscal year 2026. New rules will align digital assets with equities, adding safeguards against insider trading and unfair practices. Investors will gain three-year loss carry-forward provisions, which ease volatility and improve portfolio risk management. Japan shifts from…
Indian regulators are reportedly holding back from introducing comprehensive crypto rules over concerns that regulation could legitimize digital assets and create systemic risks. According to a Wednesday Reuters report citing documents the outlet’s reporters viewed, the Reserve Bank of India (RBI) maintains the view that containing the risks posed by cryptocurrencies through regulation would be…
As the EU Council heads to vote on the so-called “Chat Control” law, Germany could prove the deciding factor. Put forward by Denmark, the law would essentially eliminate encrypted messaging, requiring services such as Telegram, WhatsApp and Signal to allow regulators to screen messages before they are encrypted and sent. Legislators from 15 member states…