The Federal Reserve’s recent 25 basis point rate cut is amplifying gold’s ongoing rally, with prices already surpassing $3,700. Market analysts suggest further aggressive cuts could drive the precious metal to new record highs in the coming months.
about Fed Rate Cuts Fuel Gold Rally to Record HighsPaul
0 posts last weekUS Senate Repeals IRS DeFi Reporting Rule in Bipartisan Vote
The US Senate has voted 70 to 27 to repeal an IRS rule requiring decentralized finance (DeFi) platforms to report customer information, arguing that such platforms are not traditional brokers and would incur high compliance costs. This bipartisan decision, led by Senator Ted Cruz, reflects a growing recognition of the importance of crypto in the political landscape. Critics, however, warn that the repeal may push the digital asset industry further into the shadows, complicating efforts to combat financial crimes.
about US Senate Repeals IRS DeFi Reporting Rule in Bipartisan VoteSEC Task Force Engages Crypto Firms on Regulatory Framework Changes
The SEC’s crypto task force, led by Commissioner Hester Peirce, is engaging with industry leaders to discuss potential regulatory changes for cryptocurrencies, suggesting a reevaluation of their classification as securities. Recent meetings included firms like Paradigm Operations and Zero Hash, and the SEC has dropped investigations into Robinhood Crypto and OpenSea, with a possible case dismissal for Coinbase on the horizon. As the agency navigates leadership transitions, it appears to be leaning towards a more industry-friendly regulatory approach.
about SEC Task Force Engages Crypto Firms on Regulatory Framework ChangesRobinhood Expands Crypto Ambitions After SEC Investigation Closure
Robinhood announced that the SEC has dropped its investigation into the firm’s crypto business, reflecting a shift in regulatory attitudes towards digital assets. With plans to expand globally, Robinhood aims to enhance its crypto offerings, including a $200 million acquisition of Bitstamp, while maintaining its core brokerage services. The company is optimistic about clearer US regulations that could facilitate faster innovation in the crypto space.
about Robinhood Expands Crypto Ambitions After SEC Investigation ClosureSEC Crypto Task Force Unveils New Regulatory Framework for Digital Assets
The newly established SEC Crypto Task Force, led by Hester Peirce, aims to create a clear regulatory framework for crypto assets, marking a shift towards collaboration with the industry. Key initiatives include repealing SAB 121, examining security status, and developing guidelines for token offerings and custody solutions. This proactive approach seeks to foster innovation while ensuring necessary oversight in the evolving crypto landscape.
about SEC Crypto Task Force Unveils New Regulatory Framework for Digital AssetsSEC Pauses Crypto Lawsuits Amid Regulatory Changes and Leadership Transition
The SEC is reportedly pausing cryptocurrency enforcement cases with imminent deadlines, affecting lawsuits against Ripple and Kraken. Ripple’s next court deadline is April 16, while Kraken’s is March 31. Under President Trump, who has nominated Paul Atkins to chair the SEC, the agency is expected to adopt a more industry-friendly approach, potentially reducing enforcement actions against crypto firms.
about SEC Pauses Crypto Lawsuits Amid Regulatory Changes and Leadership TransitionElon Musk’s D.O.G.E. Launches SEC Investigation Over Waste and Fraud
Elon Musk’s D.O.G.E. has initiated an investigation into the SEC, seeking public input on waste and fraud, which may lead to workforce reductions within the agency. This move comes amid a shifting relationship between the SEC and the crypto industry, with some advocating for less regulation while others stress the importance of experienced staff for effective oversight.Hester Peirce, an SEC commissioner, has defended the agency’s personnel, emphasizing the need for a balanced approach to crypto regulation. Meanwhile, Coinbase’s Paul Grewal is calling for the SEC to cover legal fees for companies that have faced unsuccessful enforcement actions, highlighting ongoing tensions in regulatory policies.
about Elon Musk's D.O.G.E. Launches SEC Investigation Over Waste and FraudBitcoin as a Superior Alternative to Fort Knox Gold Reserves
Senator Rand Paul has called for an audit of the US gold reserves at Fort Knox, which have remained unchecked since 1974, amid growing concerns and conspiracy theories. Advocates for Bitcoin, including Senator Cynthia Lummis, argue that Bitcoin offers a transparent alternative, allowing for 24/7 audits without the need for intermediaries, unlike physical gold, which is susceptible to counterfeiting. With a capped supply of 21 million BTC, supporters claim Bitcoin represents a secure and trustworthy store of value.
about Bitcoin as a Superior Alternative to Fort Knox Gold ReservesCorsair Executives Predict Early 2026 Release for GTA VI on PC
Corsair executives predict that the PC release of GTA VI will occur in early 2026, following its anticipated console launch on October 28, 2025. The game’s release is expected to significantly impact the gaming industry, similar to the effects of Fortnite and PUBG, as noted by Corsair’s CEO and VP of Finance.
about Corsair Executives Predict Early 2026 Release for GTA VI on PCCoinbase Explores Return to India as Regulations Evolve
Coinbase is in talks with India’s Financial Intelligence Unit (FIU) to potentially re-enter the market after suspending operations in September 2023 due to regulatory challenges. The FIU has begun registering offshore crypto exchanges, allowing platforms like KuCoin and Binance to return after penalties. Coinbase’s chief legal officer, Paul Grewal, has joined the US-India Business Council, emphasizing India’s growing Web3 ecosystem and the company’s commitment to compliance with evolving regulations.
about Coinbase Explores Return to India as Regulations EvolveJudge Rules Coinbase Must Face Class Action Lawsuit in New York
A federal judge in New York has ruled that Coinbase must face a class action lawsuit alleging it illegally sold securities without proper registration. The judge dismissed Coinbase’s argument that it was not a “statutory seller,” emphasizing that customers transact directly with the exchange. Coinbase maintains it does not sell securities and plans to contest the claims in court.
about Judge Rules Coinbase Must Face Class Action Lawsuit in New YorkCoinbase Faces Legal Challenges Over Alleged Unregistered Securities Sales
A U.S. federal judge has ruled that Coinbase must face a lawsuit alleging the sale of unregistered securities, rejecting the company’s claim that it is not a “statutory seller.” The lawsuit, which involves 79 cryptocurrencies, allows investors to pursue claims of securities law violations. Coinbase maintains it does not sell securities and is also contending with a separate SEC lawsuit regarding its operations as an unregistered exchange. These legal battles could significantly impact the U.S. cryptocurrency market and regulatory landscape.
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