As Ethereum’s potential rises, market analysts caution that Ether’s recent performance might impede ETF inflows despite potential staking benefits. Bloomberg’s Eric Balchunas emphasizes that sustained price growth is essential for
The explosive growth of crypto gambling platforms has been one of the digital asset industry's best-kept secrets.
According to a recent report by COINOTAG on April 30, Bloomberg’s Senior ETF Analyst, Eric Balchunas, provided significant insights into the cryptocurrency ETF landscape. Bloomberg Intelligence forecasts that there is
Binance to Support THORChain (RUNE) Network Upgrade Hard Fork 💰Coin: RUNE ( $RUNE ) $1.35
Bitcoin may have some interesting price prospects in the year 2025.
A pivotal date is fast approaching in the ongoing legal and regulatory odyssey surrounding Ripple and its native token, XRP. On May 2, Ripple Executive Chairman Chris Larsen is set to meet with Paul Atkins, the newly appointed Chairman of the U.S. Securities and Exchange Commission (SEC). This development , brought to public attention by John Squire via X, is fueling a fresh wave of speculation across the crypto industry about what could be a transformative shift in the future of digital asset regulation in the United States. May 2 could change everything for $XRP Chris Larsen (Ripple) will meet with new SEC Chairman Paul Atkins. A pro-innovation shift? End of the legal saga? The future of crypto regulation in the U.S. is on the line. pic.twitter.com/oYijYOHddw — John Squire (@TheCryptoSquire) April 29, 2025 Why This Meeting Matters Since December 2020, Ripple has been embroiled in a protracted legal battle with the SEC, which alleges that the company conducted an unregistered securities offering through the sale of XRP. The case has had sweeping implications—not just for Ripple, but for the entire crypto industry, casting a long shadow of regulatory uncertainty over digital asset innovation in the U.S. Now, with Paul Atkins, a known proponent of market-friendly regulation and technological advancement, stepping into the SEC’s leadership role, the tides may be turning. Chris Larsen’s upcoming meeting with Atkins marks the first major dialogue between Ripple and the commission under new leadership, potentially laying the groundwork for a more pragmatic, innovation-driven approach to crypto policy. A Shift Toward Pro-Innovation Regulation? Paul Atkins, who previously served as an SEC Commissioner from 2002 to 2008, has historically advocated for less burdensome regulation and greater market efficiency. His return as Chairman has already sparked optimism among blockchain proponents who argue that outdated regulatory frameworks are stifling innovation in the U.S. fintech sector. If Atkins’ leadership reflects his past philosophy, the SEC may finally consider clarifying crypto asset classifications, providing a path to compliance for legitimate blockchain projects, and possibly reevaluating ongoing enforcement actions, including the Ripple lawsuit. In this light, May 2 isn’t just a meeting—it could be the turning point that reshapes the U.S. regulatory stance on digital assets. For XRP holders and Ripple investors, the implications are enormous. Should the meeting lead to renewed negotiations or policy recalibrations, XRP could shed its long-standing legal baggage and reemerge as a leading player in the global remittance and cross-border payments space. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The End of the Legal Saga? While no official statements have been released regarding the agenda of the May 2 meeting, market sentiment suggests that a settlement or resolution of the SEC v. Ripple case may be within reach. This would not only unshackle XRP from its regulatory limbo but could also set a precedent for how other digital assets are treated in future litigation. Ripple has already notched partial victories in the legal arena, most notably Judge Analisa Torres’ July 2023 ruling that XRP sales on public exchanges did not constitute securities offerings. However, the case has dragged on with unresolved issues around institutional sales and financial penalties. A strategic discussion between Larsen and Atkins could accelerate a settlement timeline or at least foster a collaborative tone that has been sorely missing in crypto-regulatory relations. A Broader Implication for the Crypto Market Beyond XRP, this meeting signals something more profound: the U.S. government may be ready to course-correct its approach to digital assets. As other jurisdictions like the UK, EU, and UAE sprint ahead with clear regulatory frameworks, the U.S. has risked losing its edge in blockchain innovation. A thaw in relations between Ripple and the SEC could open the door for industry-wide reform, giving crypto companies the clarity and support they need to thrive. For now, all eyes are on May 2. As John Squire aptly hinted in his X post, this meeting could be the moment everything changes—for Ripple, for XRP, and the future of cryptocurrency in America. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post May 2 Could Change Everything for XRP. Here’s What Is Coming appeared first on Times Tabloid .
A team from South Korea’s Industry Ministry will leave for Washington on Wednesday, aiming for potential trade deals and to slow the impact of tariffs on Korean firms. The delegation plans “technical discussions” with staff at the office of the United States Trade Representative. Their goal is to win exemptions, or at least softer terms, for automobiles, steel, and other goods before the Trump administration’s tariffs resume on 8 July after a temporary pause. Rates of up to 25% were announced in March and are to apply unless exceptions are granted. Last week, Industry Minister Ahn Duk-geun and Finance Minister Choi Sang-mok visited the U.S. capital, where the two allies agreed to draw up a package that could remove the planned duties. Wednesday’s trip is meant to carry that work forward. Negotiations between South Korea and the U.S. have not begun yet Officials in Seoul stress negotiations have not yet begun. Instead, both sides are laying the groundwork for future talks, likely to stretch beyond South Korea’s 3 June presidential election and the seating of a new government. Domestic politics are a factor in Washington. U.S. Treasury Secretary Scott Bessent told reporters on Tuesday that some partners are “much more keen to come to the table, get this done, and then go home and campaign on it.” Asked whether the remark pointed at Seoul, Choi replied that progress is “moving very slowly” and said Bessent’s words were not aimed at South Korea. Seoul has asked for exemptions on cars, steel and several other items and has offered cooperation on shipbuilding, energy projects and the reduction of trade imbalances. The ministry’s submission lists electric vehicles, steel sheets, ship components and consumer electronics among the goods it wants spared. Vice Industry Minister Park Sung-taek told parliament this week that U.S. red tape blocks shipbuilding discussions. He pointed to the Jones Act, which requires vessels carrying goods between U.S. ports to be built domestically, and said the rule must be eased before discussions can move forward. “So we are conveying this to the U.S. and expect to discuss them going forward,” Park said. Separately, South Korea is in talks with Alaska over a USD $44 billion liquefied natural gas project that Washington hopes to finance with funds from South Korea and Japan. The two countries plan to review what Washington calls non-tariff barriers, including currency practices and regulations affecting automobiles, rice and beef imports over the coming months. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
The post Stablecoin Regulation in the U.S. to be Decided by May 26 with GENIUS Act appeared first on Coinpedia Fintech News Senate Majority Leader John Thune has informed Republican lawmakers that a vote on the GENIUS Act, a crucial piece of legislation aimed at regulating stablecoins, is expected before the May 26 Memorial Day break. The bill introduced by Senator Bill Hagerty in February and passed by the Senate Banking Committee in March, seeks to regulate the issuance of stablecoins in the United States . Under the GENIUS (Guiding and Establishing National Innovation for US Stablecoins) Act, stablecoin issuers would be required to be licensed entities, known as “permitted payment stablecoin issuers.” What Does the GENIUS Act Mean? The GENIUS Act is designed to bring much-needed clarity and structure to the growing stablecoin market. Complementing the GENIUS Act, the STABLE Act has been introduced in the Republican-controlled House. Together, the two bills aim to set clear regulatory guidelines for the issuance of dollar-pegged stablecoins—cryptocurrencies intended to maintain a stable value by being backed by real-world assets. Currently, stablecoins are a popular digital dollar used for fast, low-cost payments. However, the absence of clear regulations has led to concerns around safety and trust. The GENIUS Act addresses these concerns by mandating that stablecoin issuers hold full reserves, comply with anti-money-laundering regulations, and undergo regular audits. The act also makes clear that stablecoins are not classified as securities or commodities, resolving a key area of confusion. With these measures in place, the GENIUS Act aims to foster safer growth for stablecoins, positioning them as potential competitors to traditional payment systems in the future. Broader Regulatory Context The GENIUS Act is part of a broader push for stablecoin regulation. In January, President Donald Trump signed an executive order forming a working group to explore stablecoin regulations and the possibility of creating a national crypto stockpile. However, while executive orders signal intent, they lack the legal weight of Congressional approval. The timing of Trump’s order has raised some concerns, particularly after World Liberty Financial—a crypto firm backed by his family—launched the USD1 stablecoin. Critics, mainly from the Democratic camp, argue that Trump’s influence, combined with his financial ties to the firm, creates a significant conflict of interest as Congress debates this critical piece of crypto legislation. As the Senate prepares to vote on the GENIUS Act, the future of stablecoin regulation in the U.S. hangs in the balance. FAQ What is a Stablecoin? A stablecoin is a type of cryptocurrency designed to maintain a stable value by being pegged to real-world assets, like the U.S. dollar. How Will the GENIUS Act Impact Stablecoin Issuers in the U.S.? The GENIUS Act will require stablecoin issuers to hold full reserves, comply with audits, and follow anti-money laundering rules. What Are the Key Requirements for Stablecoin Issuers Under the GENIUS Act? Issuers must be licensed, hold full reserves, undergo regular audits, and follow anti-money laundering regulations.
In a bold declaration, Trump’s advisor Bo Hines emphasizes the US strategy to claim its position as the leading global “Bitcoin superpower” through aggressive Bitcoin accumulation. The anticipated Strategic Bitcoin
El Salvador continues to stack Bitcoin despite a high-stakes $1.4 billion IMF deal , the nation’s economy minister, Maria Luisa Hayem, confirmed. Speaking to Bloomberg News live at the Rio de Janeiro Web Summit on Tuesday, she added that Bitcoin accumulation remains a government priority. “Bitcoin keeps being an important project,” she noted. “There is an asset accumulation that we’re seeing from the government perspective, from the private sector perspective.” The Salvadoran government reached a deal with the International Monetary Fund (IMF), last December, after four years of negotiations. They agreed on a $1.4 billion loan program to be disbursed over 40 months. The international financial body highlighted the reduced risks from Bitcoin adoption, which had been a major sticking point. After receiving $1.4 billion in funding, the country made a series of pledges, including scaling back its Bitcoin buying spree. El Salvador Breaks IMF Promise, Purchases 7 BTC According to El Salvador’s Bitcoin Office data, the Central American nation has acquired 7 Bitcoin worth more than $650,000 in the 7 days until April 29. However, in a recent press briefing , Rodrigo Valdes, IMF’s director of the Western Hemisphere Department, confirmed that EL Salvador “continues to comply with their commitment of non-accumulation of bitcoin by the overall fiscal sector.” “The program of El Salvador is not about Bitcoin. It’s much more, much deeper in structural reforms, in terms of governance, in terms of transparency,” he said. Further, Bitcoin Office, which oversees the coin accumulation, posted on social media last week that the purchases still continue. EL SALVADOR BUYS MORE BITCOIN El Salvador has just bought 1 BTC for our Strategic Bitcoin Reserve. New SBR total: 6,154.18 This is the way pic.twitter.com/qXswTRfnzq — The Bitcoin Office (@bitcoinofficesv) April 22, 2025 There is a Commitment to Accumulate Assets: Economy Minister Minister Hayem added that the nation is committed to accumulating the assets and that crypto remains a priority. “There’s a commitment of President Bukele to keep accumulating assets as a way to do precisely that,” she added. Additionally, in yet another strategic move, El Salvador’s Ministry of Education has announced a financial literacy program for schoolchildren, which would include Bitcoin education . The curriculum will initially roll out across 50 public schools located in the La Libertad department, an official release noted. The coastal department is recognised as the place of early and active Bitcoin adoption. The post El Salvador Continues Bitcoin Accumulation Despite IMF Loan Agreement: Economy Minister appeared first on Cryptonews .