Tag: Cryptoslate
Blockchain
SEC declares memecoins are not securities in landmark staff statement
The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance clarified that memecoins do not constitute securities under federal law, marking a notable stance on a sector
Blockchain
Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor voting
The Texas Senate Banking Committee unanimously approved a bill on Feb 27 to create a state-managed Bitcoin (BTC) and crypto reserve, sending the proposal to the full Senate for consideration Senate
Blockchain
SEC withdraws Coinbase lawsuit amid crypto regulatory pivot
The Securities and Exchange Commission (SEC) has dismissed its civil enforcement action against Coinbase Inc and Coinbase Global Inc, citing a shift in its approach to crypto regulation, according to
Blockchain
Revolut faces investor pressure for share sale before $1B profit report
Investors are urging Revolut to consider another secondary share sale as new stakeholders seek entry into the fintech firm, Bloomberg News reported on Feb 27 Sources familiar with the matter told the
Blockchain
Bitcoin’s next breakout movement could take 4 more months
Bitcoin’s (BTC) selling pressure is potentially subsiding as traders register 12% in unrealized loss margins, according to CryptoQuant’s head of research, Julio Moreno Moreno added that this
Blockchain
Cybercriminals ditch Bitcoin for stablecoins as illicit trades potentially surpassed $51 billion in 2024 – Chainalysis
Illicit crypto transactions exceeded $51 billion in 2024, significantly higher than previous estimates due to underreporting, according to blockchain analytics firm Chainalysis The findings,
Blockchain
SEC agrees to dismiss enforcement case against Consensys
The US Securities and Exchange Commission (SEC) has agreed in principle to dismiss its securities enforcement case against Consensys, according to a Feb 27 statement Once final approvals are secured,
Blockchain
US Congressman pushes MEME Act to ban officials potentially profiting from memecoins
US Democratic Congressman Sam Liccardo introduced a bill on Feb 27 to prevent government officials and their families from profiting from cryptocurrencies, including memecoins The proposed
Blockchain
Bitcoin’s steep decline fueled by short-term holders
Bitcoin’s price dropped to $86,000 on Feb 27 after struggling to maintain support at $88,000 for the past two days The sudden price drop caused a swift and aggressive reaction across the
Blockchain
UK lawmakers advance bill to strengthen crypto seizure powers
UK legislators are advancing a new bill designed to enhance law enforcement’s ability to confiscate crypto linked to criminal activities The Crime and Policing Bill is currently being reviewed
Blockchain
Russia delays digital ruble CBDC launch, extends pilot phase indefinitely
Russia’s central bank has postponed the full-scale launch of its digital ruble project indefinitely, according to a report from local media outlet TASS Russia’s central bank began testing its
Blockchain
Pi Network token soars to new ATH amid fraud allegations and market skepticism
Pi Network’s native token has soared to a new all-time high less than a week after its mainnet launch despite mounting concerns over its legitimacy Data from CryptoSlate shows that Pi has
