Overturned Chevron deference likely won’t impact crypto regulation: Tom Emmer

Bitcoin (BTC) dipped below $50,000 again on Thursday as the fallout from Elon Musk’s criticism continued to resonate.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders wait for telltale buy signalsData from Cointelegraph Markets Pro and TradingView confirmed BTC/USD failing to establish $50,000 as support after initially dipping to $45,650.Musk, speaking as CEO of Tesla, had claimed that…

US Representatives Tom Emmer and Patrick McHenry gave Gary Gensler until the end of the month to answer questions about the SEC’s approach to crypto airdrops. 

The agreement was made in a memorandum of understanding, but SBI Holdings must first register as an electronic payment instruments service provider in the country. 252 Total views 3 Total shares Circle, the stablecoin issuer behind USD Coin (USDC), is teaming up with Tokyo-based financial services firm SBI Holdings to boost the adoption of USDC

Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs

The crypto ecosystem tends to see regulations as “the big bad wolf.” In this narrative, government and regulators set rules that slow down innovation and damage growth for the crypto industry. That might have been the case a few years ago, but not anymore, according to BitPanda CEO Eric Demuth: “Depending on the regulation, it…

Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.

Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents' persistent use of cash? 1182 Total views 4 Total shares Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen. The group consists…

The accounts had over 8 million in combined followers before they were removed. 100 Total views 5 Total shares Sina Weibo, one of the most popular Chinese social media apps with over 258 million daily active users, has removed 80 influencer accounts promoting cryptocurrency activities citing official legislation.According to the Sept. 5 announcement, 80 crypto

BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected. 322 Total views 9 Total shares Global financial market took a hit on Nov. 30 after comments from U.S. Federal Reserve Chair Jerome Powell hinted…