Author: Crypto Insider

The US Securities and Exchange Commission’s Crypto Task Force met with several representatives from the cryptocurrency and traditional finance sectors to discuss regulatory issues impacting digital assets in early February. Key themes included staking, clear guidelines for exchange-traded products (ETPs) and a new framework for policing the emerging asset class. According to memoranda available on…

Dubai’s Virtual Assets and Regulatory Authority (VARA) issued a warning about the risks associated with memecoins, cautioning investors against speculative and unregulated assets. On Feb. 13, Dubai’s crypto regulator warned investors that memecoins are high-risk and unregulated. The regulator said these assets are speculative, volatile and subject to market manipulation. VARA wrote: “Many such assets lack intrinsic…

The Ethereum Foundation allocated $120 million of Ether to decentralized finance (DeFi) protocols, responding to community concerns about the foundation’s reliance on ETH sell-offs for funding. On Feb. 13, the Ethereum Foundation’s multisignature address deposited 4,200 Ether into Compound, 10,000 ETH into Spark and 30,800 ETH into Aave. With ETH hovering at around $2,600, the…

Multinational payment services giant Mastercard reported that it had tokenized 30% of its transactions in 2024; it also recognized stablecoins and other cryptocurrencies’ ability to disrupt traditional financial services. In a filing with the US Securities and Exchange Commission, the company said it achieved significant developments toward its goal of “innovating the payments ecosystem,” including tokenizing transactions,…

US President Donald Trump has officially signed an executive order to place reciprocal tariffs on the country’s trading partners, which included provisions for non-monetary policies and defined value-added taxes (VATs) as meeting the criteria for a reciprocal import tax. President Trump tapped Secretary of Commerce Howard Lutnick, Secretary of State Marco Rubio, and Secretary of…

The price of Ether jumped 3.5% as CBOE BZX Exchange filed on behalf of asset manager 21Shares to introduce staking to its spot Ether exchange-traded fund (ETF). Ether jumped 3.5% to $2,776 on the news before pulling back to $2,729 at the time of publication, according to CoinMarketCap. 21Shares wants to stake a portion of Ether…