Author: Coin Viz
Tether is working to improve its relations with regulators following the recognition of its USDT stablecoin as property in the UK. On Sept. 13, Tether announced that it hired Jesse Spiro to spearhead its global engagement efforts with lawmakers, regulators, and key stakeholders. Strengthening government relationship According to the statement, Spiro’s extensive background in the legislative and regulatory industry would help to advance Tether’s goal of building a “future-proof financial and technological ecosystem.” Spiro said: “Tether plays a significant role in the current and future development of the digital economy and US dollar hegemony. The ever-evolving legislative and regulatory landscape…
Tron (TRX) has gained a lot of momentum this year, with its market cap surging and long-term holders growing too.
The SEC’s actions spark debate over whether its enforcement ensures accountability or stifles crypto innovation and growth.
Ethereum is facing bearish pressure from institutions and market sentiment, but all is not lost.
Blockchain gaming has reached a new milestone with 4.2 million daily active users in August, according to a recent DappRadar report. The web3 gaming industry saw a 5% increase in daily unique active wallets (dUAW) last month despite falling to second place in terms of the most active crypto sector amid the AI boom. Ronin keeps its dominance Ronin continues to dominate the blockchain gaming landscape with the highest average number of Unique Active Wallets (UAW), which grew 24% in August to 1.32 million. Pixels and Forgotten Runiverse were the main games driving activity on the network during the month. The second…
AAVE bulls find resistance, leading to a mid-week pivot that could be the start of sizable wave of profit-taking.
VeChain approaches key $0.05 resistance – is a major breakout coming?
STX experiences a 15.68% surge in the last seven days, leaving analysts excited for a 140% increase to $3.78.
The Stand With Crypto Alliance, a Coinbase-backed non-profit organization, is leading efforts to establish the Creator Defense Fund initiative that has raised $6 million from venture capital firm Andreessen Horowitz (a16z) and NFT marketplace OpenSea. According to a Sept. 13 press release, a16z contributed $1 million to the fund, while OpenSea pledged the remaining $5 million. The alliance said that legal pressures — like the SEC’s recent Wells Notice to OpenSea — signal that blockchain-based creators will continue to face significant regulatory threats, and the fund aims to help those who need it. Creator Defense Fund The fund aims to…
The US Securities and Exchange Commission (SEC) has filed an amended complaint against Binance in the District of Columbia, introducing procedural updates and legal modifications to its original filing. The amendment, approved this morning, includes a motion under Federal Rule of Civil Procedure 15(a)(2), accompanied by a memorandum explaining the reasons for the changes, a proposed amended complaint, and a redline version highlighting the alterations. Paul Grewal, Chief Legal Officer at Coinbase, commented on the SEC’s amended complaint via social media. “The SEC regrets any confusion it may have invited by falsely and repeatedly stating that tokens themselves are securities,”…