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The SEC said that “the dismissal will facilitate the Commission’s ongoing efforts to reform and renew its regulatory approach to the crypto industry.”
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It comes after the two parties announced an agreement to end the legal dispute on Feb. 21.
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Bitdeer clocked Q4 revenues of $69 million, down nearly 40% from the same period last year. Meanwhile, it reported net losses of more than $530 million, far worse than Q4 2023’s $5-million loss, according to the company’s earnings release.
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The sell-off marked the highest two-week period of withdrawals from Bitcoin ETFs since they began trading on Jan. 11, 2024.
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While he is bullish on memecoins, he added that they may have been a hindrance to onboarding retail, as new investors “walked into the most corrupt casino in the world, just filled with insiders, snipe bots and whatever else. So, I think it’s going to be a long time before retail gets here, but they will come.”
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https://warpcast.com/rubylian8e/0xcd0bafef
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Polkadot Blockchain Academy (PBA) is set to launch the crypto industry’s first educational course designed for policymakers, aiming to equip lawmakers with a deeper understanding of blockchain technology and Web3
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Tokenizing real-world assets (RWAs) introduces onchain and offchain challenges, which Youssefi said requires balancing to maintain consistency for this “extremely complex” process:
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Lamine Brahimi, co-founder and managing partner of Taurus, told Cointelegraph that the partnership aims to expand into these regions “where regulatory frameworks have been clarified or are on the verge of being established.”
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If you have never heard about it, make a note of this word: tokenization. It refers to the art of turning traditional assets into tokens, making them tradable, even in small fractions.
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Experts are closely watching emerging trends poised to not only redefine the crypto landscape but also affect the world as a whole. To explore what lies ahead, Cointelegraph has compiled a list of key crypto trends expected to take center stage in the months to come.
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With its resilience finally paying off, the industry is now setting its sights on another promising year as hopes for regulatory clarity converge with years of innovation and development.
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The Securities and Exchange Commission (SEC) brought up the “concerning rhetoric” that an ERC-20 token in tandem with a blockchain game cannot be issued without it first being registered as a security, CyberKongz said in a Dec. 16 X post.
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Gaming tokens could be in for a setback after non-fungible token (NFT) platform CyberKongz was hit with a Wells notice by the United States securities regulator.
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“It is time to change the paradigm. It is time to protect our people from inflation and the poor economic choices of our states. It is time to say no to the totalitarian temptations of the European Central Bank, which wants to impose a digital euro entirely in its hands,” Knafo said.
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The lawmaker said that it’s time to stop “totalitarian temptations” by the ECB, calling for a shift from regulatory overreach in crypto to adopting the decentralized nature of Bitcoin.
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“No to the digital euro, yes to a strategic Bitcoin reserve,” Knafo said in an X post, which included a video of her speech before the European Parliament.
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European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro,” a CBDC under development by the European Central Bank (ECB).
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Today in crypto, a European lawmaker has called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro” central bank digital currency (CBDC), CyberKongz said it has been hit with a Wells notice from the United States Securities and Exchange Commission, which could spell trouble for gaming tokens, and New York regulators approved Anchorage Digital’s BitLicense.
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Cointelegraph approached several exchanges for comment regarding USDT delistings but did not receive responses by publication.
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