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Only the altcoins with potential ETF approvals and solid revenue-generation models will outperform the crypto market in 2025. Tether’s competitors are exerting increasingly more pressure to push the world’s largest stablecoin issuer out of the crypto market, including political pressure aimed at reducing the firm’s leading market share. In the wider crypto markets, analysts are…
The Competition and Markets Authority — the U.K.’s antitrust watchdog — is wasting no time in lodging its first official investigation of 2025 under its new rules that came into effect this month. It’s looking into the market dominance of Google in Search, including the new work it’s doing in AI search as well as…
The Republicans will have total control of the executive branch and all of Congress after the GOP was projected to keep a majority in the House. The Republicans are projected to keep the United States House, giving the party total control of the government after taking a majority in the Senate along with Donald Trump’s…
Tether has reacted to lawmakers’ requests for DOJ action over its stablecoin use, claiming it wants to be a “world class partner to the U.S.” <p>Tether, the company behind the stablecoin Tether (USDT), <a rel=”nofollow noopener” target=”_blank” href=”https://tether.to/en/tether-releases-letters-shared-with-the-us-senate-committee-on-banking-housing-and-urban-affairs-and-the-us-house-financial-services-committee/”>disclosed</a> letters directed to U.S. legislators, addressing requests for intervention by the Department of Justice in relation to…
The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come. <p>The digital tenge, Kazakhstan’s central bank digital currency (CBDC), has been declared a success following a month-long pilot project. A host of business, regulatory and technical improvements are lined up for it in 2024. During…
According to a recent report, crypto enthusiasm in El Salvador lags behind despite the country’s ongoing pro-crypto initiatives. <p>In spite of the continuous efforts by the government of El Salvador to promote widespread cryptocurrency adoption within the nation, a recent CoinGecko report highlights the limited number of crypto owners in the country. Published on December…
Presidential candidate Vivek Ramaswamy has slammed Gary Gensler and the SEC at the Republican presidential debate. <p>Presidential hopeful Vivek Ramaswamy came down hard on SEC chair Gary Gensler and other “three letter agencies” during the recent Republican presidential debate, claiming that regulators had failed to keep up with crypto. During the 4th Republican presidential debate…
“Spicy” AI chatbot Grok hasn’t been seen by the public yet, but it’ll be worth plenty after this securities issue. <p>Elon Musk’s X-linked AI modeler xAI has an agreement for the private sale of $865.3 million in unregistered equity securities, according to a filing with the United States Securities and Exchange Commission (SEC) made on…
The new CEO of Binance takes stock of the exchange’s future following a landmark $4.3 billion settlement with United States authorities in a one-on-one interview with Cointelegraph. <p>“As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains. Despite that, the incumbent CEO of Binance cuts…
Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to trial. <p>Lawyers representing the United States Securities and Exchange Commission and Terraform Labs and co-founder Do Kwon sparred in court over information provided by a whistleblower in the securities…