US regulatory clarity has begun in court after Ripple win: CFTC commissioner

    CFTC Commissioner Caroline Pham says recent court opinions around digital assets and securities are a first step to crypto regulatory clarity. Caroline Pham, one of five commissioner of the Commodities Futures Trading Commission, believes the path to United States crypto regulatory clarity has been laid out following Ripple’s partial victory. Speaking on Bloomberg TV on…

    BNB Beacon Chain to add ‘panic’ feature that can ‘halt’ blockchain

    BNB Beacon Chain mainnet is set to undergo the “ZhangHeng” hard fork around July 19, which will bring new upgrades aimed at improving security. The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “halt” the production of new…

    Parliamentary report recommends Canada recognize, strategize about blockchain industry

    “Canada punches above its weight” in blockchain innovation, parliamentarians conclude, but lots more should be done to encourage the industry. A Canadian House of Commons committee report has recommended that the country “recognize blockchain as an emerging industry” and take all the steps that entails. There are a lot of steps needed, it said. The…

    Coinbase layer-2 network Base closes in on mainnet launch

    While a date for mainnet wasn’t announced, the Base team said it’s now fulfilled four out of five of their criteria for launch. Base, a new layer 2 application-focused protocol by Coinbase, has just one criterion left to fulfill before being ready for mainnet launch. On June 29, the team said the Optimism-powered, Ethereum-secured network has been…

    Coinbase blasts SEC for ‘no straight answers’ following court order

    The comment from the crypto exchange came after the SEC asked for more time to respond to Coinbase’s rulemaking petition. Coinbase has slammed the United States securities regulator for failing to answer questions asked in the U.S. Court of Appeals as part of its ongoing legal battle with the regulator. In a June 17 letter filed in…

    SEC’s Gensler says BTC, ETH ‘not securities’ in a newly surfaced video

    The 2018-era Gensler appeared much more lenient towards certain cryptocurrencies, including Ether. A newly surfaced video featuring Gary Gensler from 2018 has made the rounds on social media, showing the now-chair of the United States securities regulator agastating that multiple cryptocurrencies are “not securities.” On June 12 multiple Twitter accounts shared the video which is understood to come…