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Panetta wants global regulations to prevent tech giants from circulating digital tokens via easily accessible online payment platforms.
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“Commercial banks would risk losing an important part of their operations,” he said, warning against consequences to the fiat financial system if privately issued tokens were to attain widespread adoption.
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“Commercial banks would risk losing an important part of their operations,” he said, warning against consequences to the fiat financial system if privately issued tokens were to attain widespread adoption.
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darcylo996
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Panetta wants global regulations to prevent tech giants from circulating digital tokens via easily accessible online payment platforms.
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The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Nova Labs, the firm behind the open-source Helium Network, just days before SEC chair and known crypto critic Gary Gensler steps down as chair on Jan. 20.
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The SEC alleges that the company sold unregistered investment products, including those that mine cryptocurrency and a program that allowed users to trade their personal data for crypto assets.
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In a statement on Jan. 17, the SEC alleged that Nova Labs sold unregistered securities by offering electronic devices called “Hotspots,” which mine the company’s cryptocurrency, Helium (HNT), as well as a program called “Discovery Mapping,” where users could trade their private data for crypto.
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Meanwhile, the SEC also accused Nova Labs of making false claims to potential investors, saying major companies like micro-mobility company Lime, food and beverage giant Nestlé, and cloud computing software firm Salesforce were using or depending on its wireless network, when they allegedly were not.
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Ethereum co-founder Vitalik Buterin announced leadership changes to the Ethereum Foundation on Jan. 18, following a somewhat tumultuous year for the organization.
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Buterin outlined several goals designed to maximize technical expertise at the Foundation and increase communication between the organization and the many constituent parts of the Ethereum ecosystem.
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These included decentralized application developers, wallet providers, and layer-2 scaling networks building on the incumbent smart contract platform.
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The Ethereum co-founder also reiterated the Ethereum Foundation's commitment to decentralization, neutrality, and censorship-resistance, while asserting that the Foundation would not engage in political lobbying.
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Mad Lads, a non-fungible token (NFT) collection on the Solana blockchain, has climbed to sixth place among the most valuable NFTs by floor market cap.
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According to NFT price floor, Mad Lads currently has a market cap of $188.1 million and a floor price of $18,905. In the last 24 hours, the collection recorded $473,788 in trading volume from 24 sales, with the floor price up by 5.15%.
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According to NFT price floor, Mad Lads currently has a market cap of $188.1 million and a floor price of $18,905. In the last 24 hours, the collection recorded $473,788 in trading volume from 24 sales, with the floor price up by 5.15%.
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Mad Lads, a non-fungible token (NFT) collection on the Solana blockchain, has climbed to sixth place among the most valuable NFTs by floor market cap.
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“This growth hinges on a critical assumption: that Tether, the largest stablecoin, remains unregulated within the European Union,” Steno said, adding:
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Accelerating stablecoin adoption is particularly bullish for decentralized finance (DeFi), as “stablecoins are the on-ramp to decentralized finance,” Citi said.
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In December, Grayscale added several DeFi applications, including two on Solana, to its list of the top 20 tokens to watch in the first quarter of 2025. They include Ethena, Jupiter and Jito.
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On Jan. 1, cryptocurrency prediction platform Polymarket said the odds of a US Solana ETF listing in 2025 are around 77%. In a post on the X platform, Sigel described Polymarket’s forecast as “underpriced.”
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