In brief
Trump has urged the House to pass the GENIUS Act without delay or amendments.
The bill would create a framework for issuing and trading stablecoins in the U.S.
But critics have…
In brief
Meta's Oversight Board said the company should have removed a deepfake ad of Brazilian footballer Ronaldo Nazário.
The post promoted a deceptive online game and misled viewers.
The decision highlights Meta's…
Congressman Bill Huizenga (R-MI) said digital assets are “the future” while discussing potential crypto policy during a key House Financial Services Committee hearing on Wednesday.HFSC Holds Critical Crypto Hearing Amid…
Australian
FX and CFD brokers holding Australian Financial Services (AFS) licenses are
under renewed pressure from the Australian Securities and Investments
Commission (ASIC) to ensure all information on the Financial Advisers Register
(FAR) is…
Key Points:SEC focuses on budget and digital asset oversight.The newly created Crypto Task Force led by Hester Peirce.Emphasis on transparency and tailored regulation.
Chairman Paul S. Atkins will address the SEC’s…
Australia's
financial market watchdog has uncovered significant compliance failures across
the managed investment sector, with responsible entities overseeing nearly $1
trillion in assets failing to maintain adequate oversight plans.$1 Trillion Fund Industry Fails…
Billionaire entrepreneur Elon Musk has announced his exit from the Trump administration’s Department of Government Efficiency, also known as DOGE, concluding a temporary role in which he spearheaded efforts to…
Key Points:Main event, leadership changes, market impact, financial shifts, or expert insights.
Elon Musk personally supervises response efforts for X platform issues.
Focus is required on infrastructure improvement at X and related…
Zach Witkoff, one of the co-founders of the Donald Trump family-backed crypto platform World Liberty Financial (WLFI), has rebuffed efforts by US lawmakers to investigate the president’s potential conflicts of…
In brief
India has directed crypto platforms to increase surveillance on transactions from border regions, particularly Jammu and Kashmir, to counter potential terror financing.
Exchanges must specifically monitor "private wallets" that enable…