Bitcoin’s Corporate Slowdown: What’s Driving the Change? The once-booming trend of publicly traded companies, such as MicroStrategy and Tesla, boosting their balance sheets with Bitcoin holdings is hitting a political wall. Recent data shows a marked slowdown in this corporate Bitcoin accumulation, signaling not just a market adjustment but also a shifting political and regulatory…
Crypto Whiplash: Stellar’s Price Decline Puts Regulatory Politics In Focus The latest turbulence in the cryptocurrency markets is sending ripples right through the political arena. Stellar’s recent price slide, despite an impressive institutional milestone, has sparked renewed debate not just among investors, but among policymakers on Capitol Hill and regulators in Washington. As volatility returns,…
Figment’s Strategic Acquisition: A New Front in the Crypto Regulatory Debate When Figment announces its acquisition of Rated Labs, it might sound like a routine business development in the fast-paced world of blockchain. But beneath the surface, this move is a clear signal to lawmakers, regulators, and the broader financial system: the crypto industry is…
Crypto Meets Energy: Why Daylight’s Ambition Is Sparking Political Debate Daylight’s recent $75 million fundraising round to build a decentralized energy network isn’t just business as usual in the fast-moving world of cryptocurrency. It’s a development with serious political ramifications, putting the Biden Administration and federal regulators squarely in the spotlight as they grapple with…
Crypto Whiplash: Stellar’s Price Decline Puts Regulatory Politics In Focus The latest turbulence in the cryptocurrency markets is sending ripples right through the political arena. Stellar’s recent price slide, despite an impressive institutional milestone, has sparked renewed debate not just among investors, but among policymakers on Capitol Hill and regulators in Washington. As volatility returns,…
Bitcoin Mining Slows Down—Why Regulators and Lawmakers Are Watching Closely When JPMorgan reported that the Bitcoin network’s hashrate—a key measure of mining activity—took a noticeable breather in the first two weeks of October, it wasn’t just a technical footnote for crypto enthusiasts. For policymakers and regulators in Washington, this slowdown is yet another flashpoint in…
In a move with significant regulatory and political implications, cryptocurrency exchange Kraken has acquired a U.S.-licensed derivatives trading platform from IG Group for $100 million. The deal, which enables Kraken to expand its footprint in American financial markets, offers clear evidence of the intensifying race among crypto companies to secure legitimacy within the tightly regulated…
In a significant intervention in the growing debate over digital asset regulations, Federal Reserve Vice Chair for Supervision Michael Barr outlined a series of pressing risks attached to stablecoins, urging lawmakers to proceed with vigilance as the United States considers a regulatory framework for the burgeoning sector. Appearing before policymakers, Barr catalogued potential dangers from…
