Daily Crypto News & Musings

Latest News and Articles about Crypto Regulation

Michael Selig Faces Senate Scrutiny in Bid to Lead CFTC and Shape Crypto Rules

Senators Grill Crypto Regulator Michael Selig in High-Stakes Bid to Lead CFTC Michael Selig, the chief counsel for the SEC’s Crypto Task Force, found himself in the hot seat on Wednesday during a Senate Agriculture Committee hearing to decide if he’s the right fit to lead the Commodity Futures Trading Commission (CFTC). With the global […]

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Michael Selig’s CFTC Nomination: A Turning Point for Crypto Regulation?

Trump’s Nominee Michael Selig Under Senate Spotlight as CFTC Gears Up for Crypto Overhaul President Donald Trump’s choice for the next chair of the Commodity Futures Trading Commission (CFTC), Michael Selig, is stepping into a regulatory storm as the U.S. grapples with the future of cryptocurrency oversight. With a Senate confirmation hearing set for November […]

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U.S. Senators Push CFTC Oversight in Groundbreaking Crypto Regulation Bill

U.S. Senators Propose CFTC Oversight in Major Crypto Regulation Bill A groundbreaking bipartisan push in the U.S. Senate could finally bring order to the untamed frontier of crypto rules. Senators John Boozman (R-Ark.) and Cory Booker (D-N.J.) have introduced a draft bill through the Senate Agriculture Committee to grant the Commodity Futures Trading Commission (CFTC) […]

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XRP Spot ETFs on DTCC: Breakthrough for Crypto or Regulatory Trap?

Spot XRP ETFs Hit the DTCC List: A Turning Point for Crypto or a Regulatory Mirage? Five spot XRP Exchange-Traded Funds (ETFs) from major players—CoinShares, Franklin Templeton, 21Shares, Canary Capital, and Bitwise—have surfaced on the Depository Trust & Clearing Corporation (DTCC) list, hinting at a U.S. market debut as soon as late November. This marks […]

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Trump Pardons Binance Founder CZ: A Crypto Game-Changer or Political Stunt?

Binance Founder CZ Pardoned by Trump: Shocking Turn for Crypto’s Future Changpeng “CZ” Zhao, the mastermind behind Binance, received a jaw-dropping full pardon from U.S. President Donald Trump in October 2025, erasing his 2023 conviction for anti-money-laundering (AML) violations. This bombshell has set off a firestorm of debate about political agendas, regulatory tides, and the […]

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Kazakhstan’s $1B Crypto Reserve Fund: Bold Digital Finance Bet for 2024

Kazakhstan’s $1B Crypto Reserve Fund: A Bold Bet on Digital Finance for 2023-2024 Kazakhstan is making a seismic move into the world of digital finance with the announcement of a national cryptocurrency reserve fund valued between $500 million and $1 billion, set to launch by late 2023 or early January 2024. Spearheaded by Central Bank […]

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Zohran Mamdani Wins NYC Mayor: Polymarket Predicts, Crypto Faces Regulatory Risks

Zohran Mamdani Elected NYC Mayor: Polymarket Triumphs, Crypto Braces for Regulatory Heat New York City has ushered in a new era with Zohran Mamdani’s election as mayor, a historic win for the 34-year-old democratic socialist who secured just over 50% of the vote against former Governor Andrew Cuomo. As the city’s first Muslim mayor, Mamdani’s […]

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CZ Threatens Defamation Suit Against Senator Warren Over False Money Laundering Claims

CZ vs. Senator Warren: Binance Founder Threatens Defamation Lawsuit Over False Money Laundering Claims A billionaire crypto mogul, a outspoken U.S. senator, and a controversial presidential pardon—Binance founder Changpeng “CZ” Zhao is locking horns with Elizabeth Warren in a showdown that could ripple through the cryptocurrency world. Zhao is threatening a defamation lawsuit over Warren’s […]

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Norway’s Crypto Tax Surge: 30% Rise, $4B Declared in 2024 Sparks Debate

Norway Crypto Tax Surge: 30% Rise, $4B Declared in 2024 Norway has become a surprising frontrunner in cryptocurrency adoption, recording a 30% surge in tax reporting for digital assets in 2024. Over 73,000 individuals declared holdings worth a staggering $3.9 billion (NOK 40.3 billion), marking a historic leap in transparency. But behind the numbers lies […]

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Trump Nominates Crypto Expert Michael Selig as CFTC Chairman for Bold Regulatory Shift

CFTC Chairman Nomination: Trump Picks Crypto Expert Michael Selig for Top Role President Donald Trump has made a bold move for the cryptocurrency sector by nominating Michael Selig, a lawyer with extensive experience in digital assets, as the new Chairman of the Commodity Futures Trading Commission (CFTC). Announced on October 24, 2025, this nomination, pending […]

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Trump Pardons Binance Founder CZ Amid Pay-for-Crime Allegations and Crypto Backlash

Trump Pardons Binance Founder CZ: Pay-for-Crime Allegations Fuel Crypto Controversy President Donald Trump’s pardon of Changpeng Zhao, widely known as CZ, the founder of Binance, has unleashed a torrent of outrage, with critics slamming the move as a glaring example of political favoritism intertwined with shady financial dealings. Announced on October 23, 2025, this decision […]

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Trump Treasury’s Trade Deficit Win: How Tariffs Could Impact Bitcoin and Crypto

Trump Treasury Claims Trade Deficit Victory with Tariffs and Cuts: What It Means for Bitcoin and Crypto The Trump administration’s Treasury Department is crowing about a supposed win in shrinking the U.S. trade deficit, pointing to hefty tariffs and slashed government spending as the magic formula. With billions in projected revenue and a fiscal tightrope […]

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Bybit Breaks Ground with UAE’s First SCA License Amid $1.4B Hack Fallout

Bybit Makes History in UAE with First SCA License for Regulated Crypto Trading Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has scored a groundbreaking victory by securing a full Virtual Asset Platform Operator License from the UAE’s Securities and Commodities Authority (SCA). Announced on Thursday, this makes Bybit the first crypto exchange to […]

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BlackRock’s IBIT Hits $244M Revenue: Bitcoin ETFs Surge Amid Centralization Concerns

BlackRock’s IBIT Smashes Records with $244M Revenue: Bitcoin ETFs Redefine Mainstream Crypto BlackRock’s iShares Bitcoin Trust (IBIT) has roared to the top of the ETF heap, pulling in over $244 million in annual revenue in less than two years since its launch. This explosive growth, fueled by a pro-crypto political tailwind and unprecedented institutional interest, […]

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ESMA Criticizes Malta’s Crypto Regulation: MiCA and EU Blockchain Future at Risk

ESMA Slams Malta’s Crypto Oversight: A Wake-Up Call for MiCA and the EU Malta, once celebrated as the “Blockchain Island” for its pioneering crypto-friendly policies, is now in the hot seat as the European Securities and Markets Authority (ESMA) tears into the Malta Financial Services Authority’s (MFSA) approach to cryptocurrency licensing. With the Markets in […]

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White House Withdraws Quintenz’s CFTC Nomination Amid Crypto Regulation Dispute

White House Withdraws Brian Quintenz’s CFTC Nomination Over Crypto Regulation Clash The White House has officially pulled Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission (CFTC), a regulatory powerhouse overseeing futures, derivatives, and increasingly, the cryptocurrency market. Reported by Politico on September 30, 2025, this move follows intense opposition from crypto industry titans […]

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Gary Gensler’s Lost Texts Spark GOP Rage and Crypto Regulation Firestorm

Gary Gensler’s Text Message Wipe Ignites Republican Fury and Crypto Regulation Debate Nearly a year of text messages from former SEC Chair Gary Gensler’s government-issued phone has vanished, erased by a botched IT policy during a time of relentless crypto crackdowns. This data loss scandal, spanning October 18, 2022, to September 6, 2023, has sparked […]

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Turkey’s Crypto Crackdown: Financial Watchdog Gains Power to Freeze Accounts

Turkey’s Crypto Clampdown: Financial Watchdog Gets Power to Freeze Accounts Turkey is rolling out a hard-hitting bill that could change the game for crypto users, granting its financial watchdog, Masak, unprecedented authority to freeze and control both digital and fiat accounts. With a struggling economy and skyrocketing crypto adoption, the government is drawing a line […]

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SEC’s Hester Peirce Apologizes for Crypto Crackdowns, Hints at NFT Plans

SEC’s Hester Peirce Apologizes for Past Crackdowns, Teases NFT Venture Hester Peirce, the SEC Commissioner fondly known as “CryptoMom” for her unwavering support of cryptocurrency, delivered a striking mix of remorse and humor in a recent speech at Coin Center. With her official term at the Securities and Exchange Commission (SEC) concluded—though she remains in […]

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Brazil’s New Forex Law Could Reshape Crypto: Challenges and Opportunities Ahead

How New Brazilian Forex Rules Could Shake Up Crypto Operations Brazil’s latest move to overhaul its foreign exchange system is a high-stakes play that could either turbocharge its crypto scene or slam the brakes on one of Latin America’s biggest blockchain hubs. Under Law No. 14,286/2021, the Central Bank of Brazil (BCB) is introducing sweeping […]

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Australia Orders Binance Audit Over Money Laundering Concerns: Crypto Giant Under Scrutiny

Australia Slams Binance with Audit Order Over Money Laundering Fears: A Wake-Up Call for Crypto Binance, the heavyweight of crypto exchanges, has just been hit with a serious reality check in Australia. The Australian Transaction Reports and Analysis Centre (AUSTRAC), the nation’s financial watchdog, has ordered Binance Australia to bring in an external auditor due […]

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Tim Scott’s Crypto Bill: Bipartisan Hope or Regulatory Risk for Bitcoin?

Tim Scott’s Crypto Bill: A Bipartisan Breakthrough or a Regulatory Disaster? Senator Tim Scott (R-SC), head of the Senate Banking Committee, is making waves with his push for the Responsible Financial Innovation Act of 2025, a bill that could finally bring clarity to the chaotic world of cryptocurrency regulation in the U.S. Speaking at the […]

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