Ethereum continued its startling surge Tuesday, pushing its weekly jump to over 50% as Bitcoin rose alongside other top coins.
In a significant move highlighting the growing convergence of traditional finance and blockchain technology, modular oracle provider RedStone Oracle has announced its collaboration with global investment manager VanEck. RedStone is set to become the oracle provider for VanEck’s first tokenized fund, known as VanEck VBILL . This partnership is pivotal, specifically supporting the essential daily NAV calculation for the fund. Understanding VanEck VBILL and the Need for Reliable Data What exactly is VanEck VBILL ? It’s designed as a blockchain-based alternative to traditional money market funds, offering qualified investors exposure to U.S. Treasuries in a tokenized format. Think of it as taking the stability and security of short-term government debt and wrapping it in a digital, blockchain-native structure. This allows for potential benefits like faster settlement times and increased transparency compared to legacy systems. The fund is fully collateralized, meaning each token represents an underlying asset – in this case, U.S. Treasury bills and related instruments. For any fund, especially one dealing with fluctuating asset values, accurately determining the Net Asset Value (NAV) is absolutely critical. The NAV represents the per-share value of the fund and is calculated by taking the fund’s total assets, subtracting its liabilities, and dividing by the number of outstanding shares (or tokens, in this case). Daily NAV calculations are the backbone of investor confidence, ensuring that the price at which investors buy or sell tokens accurately reflects the fund’s underlying value. In the world of tokenized assets living on a blockchain, this data needs to be fed reliably and securely from the off-chain financial world onto the chain. This is precisely where an oracle comes in. How RedStone Oracle Ensures Accurate NAV Calculation RedStone Oracle specializes in providing decentralized applications (dApps) with reliable, frequently updated data feeds. What sets RedStone apart is its modular architecture. Instead of pushing all data onto the blockchain directly (which can be costly and inefficient), RedStone delivers data through various models, including a pull model where dApps can fetch the data they need, when they need it, and verify its integrity on-chain. This approach makes it particularly suitable for data points that require high frequency or specific formatting, like a fund’s NAV. For VanEck VBILL , RedStone will be responsible for sourcing the necessary financial data related to the underlying U.S. Treasuries and other fund assets. They will then process this data to calculate the daily NAV off-chain, using established financial methodologies. The crucial part is then making this calculated NAV securely available on the blockchain for the VBILL smart contracts and potentially for investors or other protocols to access and verify. Here’s a simplified look at the process: Data Sourcing: RedStone collects relevant financial data on the VBILL fund’s assets (U.S. Treasuries, etc.) from reliable off-chain sources. NAV Calculation: The daily Net Asset Value is calculated based on the collected data and fund structure. Data Transmission: RedStone makes the calculated NAV available via its oracle network. On-Chain Verification: The VBILL smart contract or users can pull this data and verify its integrity using RedStone’s on-chain verification mechanisms. This process ensures that the NAV calculation provided to the Blockchain fund is accurate, timely, and tamper-proof, building trust in the tokenized representation of the fund. The Significance of Tokenized Treasuries and Blockchain Funds The emergence of products like Tokenized Treasuries represents a significant step in bridging traditional finance with the blockchain ecosystem. U.S. Treasuries are considered one of the safest asset classes globally. Tokenizing them makes this stability accessible within the blockchain world, opening up new possibilities for collateral, yield generation within DeFi protocols, and easier fractional ownership and transfer. VanEck, a well-respected name in traditional asset management, entering this space with a product like VBILL signals increasing institutional confidence in the potential of tokenization. However, for these Blockchain fund initiatives to succeed and gain widespread adoption, they need reliable infrastructure. Data oracles like RedStone are a fundamental part of this infrastructure, providing the necessary link to the real-world financial data that governs the value of the tokenized assets. Benefits of the RedStone and VanEck Partnership This collaboration brings several key benefits to the forefront: Enhanced Data Reliability: RedStone’s robust oracle infrastructure ensures that the critical daily NAV data for VBILL is accurate and consistently available. Increased Transparency: By providing the NAV data on-chain, the fund offers a level of transparency not always present in traditional funds, allowing for easier verification. Bridging TradFi and DeFi: This partnership serves as a strong example of how established financial institutions can leverage blockchain technology with the support of specialized crypto infrastructure providers. Validation for RedStone: Partnering with a firm like VanEck provides significant validation for RedStone’s technology and its capability to handle the data needs of regulated financial products. Accessibility for Investors: Qualified investors get access to a familiar asset class (U.S. Treasuries) in an innovative, potentially more efficient format via the VanEck VBILL token. Potential Challenges and Considerations While promising, the path for Tokenized Treasuries and blockchain funds isn’t without its challenges. Regulatory clarity surrounding tokenized securities is still evolving globally. Ensuring the oracle’s continued security and uptime is paramount, as any disruption could impact the fund’s operations and investor confidence. Furthermore, educating traditional investors about the nuances of blockchain and tokenized assets remains a key hurdle for broader adoption. What Does This Mean for the Future? The RedStone and VanEck collaboration on VBILL is more than just a single product launch; it’s a potential blueprint for the future. It demonstrates that critical functions like NAV calculation can be reliably handled by decentralized oracle networks for regulated, tokenized financial products. We may see more traditional asset classes tokenized and brought onto the blockchain, relying on robust oracle solutions to connect their real-world value to their digital representation. This could pave the way for increased institutional participation in the blockchain space, bringing more liquidity and stability. It also highlights the increasing demand for specialized oracle services that can handle complex data feeds beyond simple price points. Actionable Insights for the Reader For those interested in the intersection of TradFi and crypto: Keep an eye on tokenized asset developments; they are a key area for growth and institutional adoption. Understand the role of oracles – they are critical infrastructure enabling real-world data on-chain. RedStone’s modular approach is worth exploring further. For qualified investors, VanEck VBILL offers a new avenue to access U.S. Treasuries via blockchain, but always conduct thorough due diligence on the fund structure and underlying technology. Conclusion The partnership between RedStone Oracle and VanEck for the VBILL tokenized fund is a landmark development. By providing reliable NAV calculation for this innovative Blockchain fund backed by Tokenized Treasuries , RedStone is playing a crucial role in building trust and functionality in the emerging world of on-chain financial assets. This collaboration not only validates RedStone’s technology but also signals a clear path forward for how traditional finance can effectively leverage blockchain infrastructure, powered by essential services like decentralized oracles. It’s an exciting step towards a more integrated and efficient global financial landscape. To learn more about the latest crypto market trends, explore our article on key developments shaping tokenized assets institutional adoption.
A monumental shift is underway in the United Kingdom’s financial landscape. For years, institutional investors and traditional financial firms have eyed the volatile yet lucrative cryptocurrency market with caution, largely due to the lack of robust regulation. That barrier is now significantly lower with the official launch of GFO-X , the first cryptocurrency derivatives exchange to receive full authorization from the U.K.’s Financial Conduct Authority (FCA). What Makes GFO-X’s FCA Regulation a Game Changer? The launch of GFO-X isn’t just another platform opening its doors; it represents a critical milestone for the adoption of regulated digital assets in a major global financial hub. The Financial Conduct Authority (FCA) is the regulatory body for financial services firms and markets in the U.K. Its authorization signifies that GFO-X meets stringent requirements for market integrity, consumer protection, and financial stability. Here’s why FCA regulation is so impactful: Increased Trust: Regulation provides a layer of credibility and trust that unregulated platforms often lack, particularly for institutions managing large sums of client money. Compliance Assurance: Firms operating under FCA oversight must adhere to strict anti-money laundering (AML) and know-your-customer (KYC) procedures, reducing risks associated with illicit activities. Investor Protection: The FCA framework includes measures designed to protect investors, offering greater security compared to unregulated environments. Pathway for Institutions: Many large financial institutions, asset managers, and hedge funds have mandates that prevent them from interacting with unregulated entities. An FCA regulated platform like GFO-X removes this major hurdle. This development is a clear signal that the U.K. is positioning itself as a leader in the future of finance, bridging the gap between traditional markets and the burgeoning world of cryptocurrencies. The First Trade: A Sign of Institutional Confidence The significance of the launch was underscored by its very first executed trade. This initial transaction took place between two prominent names in the financial world: Virtu Financial and IMC. Both are major global financial trading firms, and their participation from day one highlights the immediate institutional interest in a regulated digital assets trading environment. Adding another layer of traditional finance credibility, the clearing for this historic first trade was handled by LSEG’s DigitalAssetClear. LSEG, the London Stock Exchange Group, is a globally recognized financial infrastructure provider. Their involvement in the clearing process brings the robust, established mechanisms of traditional clearing houses to the crypto derivatives market, further de-risking the process for participants. The fact that major players like Virtu, IMC, and LSEG are involved from the outset demonstrates strong market confidence in GFO-X’s regulated framework and its potential to facilitate significant trading volume. What are Crypto Derivatives and Why Do They Matter for Institutions? The focus of GFO-X is on crypto derivatives . Unlike buying and holding cryptocurrencies directly (spot trading), derivatives are financial contracts that derive their value from the performance of an underlying asset – in this case, cryptocurrencies like Bitcoin or Ether. Common types of crypto derivatives include: Futures Contracts: Agreements to buy or sell a cryptocurrency at a predetermined price on a specific future date. Options Contracts: Give the holder the right, but not the obligation, to buy or sell a cryptocurrency at a specific price before or on a certain date. Why are these important for institutions? Derivatives offer sophisticated tools for: Hedging: Institutions can use derivatives to protect their existing crypto holdings (or exposure) against adverse price movements. Speculation: They allow traders to profit from predicting price movements without needing to own the underlying asset, often with leverage. Arbitrage: Opportunities to profit from small price differences between different markets or instruments. Capital Efficiency: Derivatives often require less upfront capital than buying the equivalent amount of the underlying asset. The availability of regulated crypto derivatives in the U.K. provides institutions with the familiar tools they use in traditional markets (like equities or commodities) but applied to the digital asset space. This comfort level is crucial for unlocking significant institutional capital. How Does This Impact the UK Crypto Landscape? The launch of an FCA regulated crypto derivatives platform is a pivotal moment for the entire UK crypto ecosystem. For a long time, the U.K.’s regulatory stance on crypto has been perceived as cautious, sometimes leading businesses to look elsewhere. GFO-X’s successful authorization and launch send a clear message: Regulatory Clarity: It demonstrates that the FCA is capable of authorizing complex crypto financial products under its existing or developing frameworks. Attracting Investment: A regulated environment is more attractive to both domestic and international financial firms looking to enter the UK crypto market. Boosting Innovation: By providing a regulated ‘sandbox’ (in a broader sense) for complex products, it can encourage further innovation within the U.K.’s fintech sector. Setting a Precedent: GFO-X’s path through the regulatory process can serve as a template or guide for other crypto firms seeking authorization in the U.K. While challenges remain, such as evolving regulatory requirements and educating market participants, this step firmly places the U.K. on the map as a potential hub for institutional-grade digital asset trading. Benefits and Challenges of Regulated Crypto Platforms The move towards regulated digital assets platforms like GFO-X brings numerous benefits, but also presents ongoing challenges. Benefits: Enhanced Security: Stricter requirements for cybersecurity and asset custody. Greater Liquidity: Attracting institutional players typically increases trading volume and liquidity. Market Integrity: Rules against market manipulation and insider trading help create a fairer trading environment. Easier Onboarding: Simplified compliance for institutions compared to dealing with multiple unregulated venues. Challenges: Regulatory Costs: Adhering to FCA standards is expensive and resource-intensive for the platform. Pace of Innovation vs. Regulation: The crypto market evolves rapidly; regulations can sometimes struggle to keep pace. Global Consistency: Differences in regulation between countries can still create complexities for international firms. Market Education: Many traditional finance professionals still require education on the specifics of crypto assets and their derivatives. Despite the challenges, the benefits of attracting significant institutional flow into a regulated environment are substantial for the maturity and stability of the UK crypto market. Actionable Insights for Market Participants What does the launch of this FCA regulated platform mean for different players? For Institutions: Explore GFO-X as a compliant venue for accessing crypto derivatives. Evaluate how these products fit into existing trading strategies and risk management frameworks. Engage with regulatory bodies to provide feedback on evolving rules. For Crypto Firms: Observe GFO-X’s success as a case study for navigating U.K. regulation. Consider the potential for partnerships or building infrastructure that supports regulated institutional activity. For Individual Traders: While GFO-X is aimed at institutions, its success could lead to increased market stability and liquidity which can indirectly benefit retail markets. Stay informed about the broader regulatory landscape in the U.K. For Regulators: Continue dialogue with market participants to ensure regulations are effective, proportionate, and foster responsible innovation. Monitor market activity on regulated platforms to inform future policy. Conclusion: A New Era for UK Crypto Trading The launch of GFO-X as the U.K.’s first FCA regulated platform for crypto derivatives is a watershed moment. It signals a clear intent from the U.K. to embrace regulated digital assets within its established financial framework. The participation of major players like Virtu, IMC, and LSEG from day one validates the market’s appetite for compliant trading venues. While the journey towards mainstream institutional adoption of UK crypto is ongoing, this launch removes a significant barrier and lays crucial groundwork for the future. It promises increased liquidity, enhanced security, and greater confidence, potentially unlocking substantial capital flow into the digital asset space within a trusted regulatory environment. To learn more about the latest UK crypto trends, explore our article on key developments shaping regulated digital assets institutional adoption.
The resurgence of Bitcoin ETFs marks a significant turning point, with over $41 billion in inflows, igniting interest in the cryptocurrency market. The unprecedented rise showcases a recovery from previously
Twenty One Capital announced Tuesday that Tether Investments purchased 4,812 bitcoin for $458.7 million at an average price of $95,319.83 per BTC, part of a business combination agreement involving multiple entities. Tether Acquires 4,812 Bitcoin at $95.3K Each for Cantor-Led Business Deal The Cayman Islands-based firm disclosed in a U.S. Securities and Exchange Commission (SEC)
The cryptocurrency market is often characterized by volatility and the significant influence of large holders, often referred to as ‘whales’. These entities, possessing vast amounts of digital assets, can impact market dynamics with their trading activities. Recently, the spotlight turned to a specific ETH whale whose strategic long-term hold of Ethereum (ETH) resulted in a truly massive profit. Tracking the Movements of a Strategic ETH Whale Understanding the movements of large holders is a key part of navigating the crypto landscape. Thanks to the transparency of blockchains, analysts can track significant transactions. On-chain data revealed a particular ETH whale who accumulated a substantial amount of Ethereum back in September 2022. This whale acquired a total of 120,874 ETH at an average entry price of approximately $1,647 per token. Fast forward two and a half years, and this patient holder decided it was time to exit their position. The liquidation process concluded recently with the sale of the remaining 30,874 ETH on the Kraken exchange, fetching around $77.71 million at the time. This final transaction marked the full exit from a position that had been held through various market cycles. Let’s break down the key figures: Amount Accumulated: 120,874 ETH Average Buy Price: ~$1,647 Total Investment (Estimated): ~$199 million Holding Period: ~2.5 years Average Sell Price (Estimated): ~$2,732 (calculated from total profit and amount sold) Total Revenue from Sales (Estimated): ~$330 million Realized Profit: ~$131 million This demonstrates the potential returns achievable through strategic long-term holding in the Ethereum market, provided one enters at opportune moments and holds through significant price fluctuations. Why Do Crypto Whale Movements Matter? The term crypto whale refers to individuals or entities holding large amounts of cryptocurrency. Their transactions, especially large sales or purchases, can sometimes influence market sentiment and price action due to the sheer volume involved. While a single whale’s sale might not crash the market, a series of large sales from multiple whales could signal potential downward pressure. Conversely, significant accumulation by whales can be seen as a bullish signal, indicating confidence in the asset’s future prospects. Tracking these large players provides valuable insights into market sentiment and potential trends. However, it’s crucial to remember that whale movements are just one data point among many to consider when analyzing the market. Harnessing the Power of On-Chain Data How do we know about this whale’s activity? This is where on-chain data and analysis come into play. Blockchains are public ledgers, meaning all transactions are recorded and visible (though wallet addresses are pseudonymous). On-chain analysts use sophisticated tools and techniques to monitor these transactions, identify large wallets, track their activity, and interpret what these movements might signify. Key insights derived from on-chain data include: Tracking Large Transactions: Identifying when significant amounts of crypto are moved between wallets or to/from exchanges. Wallet Profiling: Attempting to link addresses to known entities (exchanges, institutions, or identifying patterns that suggest a single owner). Flow Analysis: Observing the movement of funds into or out of exchanges, which can indicate selling or buying pressure. Holder Behavior: Analyzing how long addresses hold assets (HODLing) or their trading frequency. This data provides a layer of transparency that is unique to public blockchains and offers valuable context for market participants beyond just looking at price charts. Analyzing the Crypto Trading Strategy: Patience Pays Off The strategy employed by this particular whale was a classic example of long-term crypto trading , often referred to as ‘HODLing’ (holding On for Dear Life). Entering the market in September 2022 meant accumulating ETH during a period following significant market downturns. The price of around $1,647 proved to be a strategic entry point. Holding for two and a half years meant enduring volatility, including periods where the price might have dropped below their entry point, and significant rallies. Their decision to liquidate after this period, realizing an average selling price significantly higher than their purchase price, highlights the potential rewards of patience and conviction in one’s investment. This approach contrasts with short-term crypto trading strategies that involve frequent buying and selling to capitalize on smaller price movements. While both can be profitable, they carry different risk profiles and require different levels of market monitoring and emotional discipline. What Does a $131 Million Crypto Profit Mean? A profit of $131 million is a staggering figure by any standard. It underscores the immense wealth that has been created in the cryptocurrency space since its inception. For the individual or entity behind this wallet, it represents a significant financial windfall, potentially enabling further investments, diversification, or other ventures. While the headline focuses on the gain, it’s also a reminder of the risks involved. The whale held through potential dips where their unrealized profit would have been lower or even turned into a loss. Exiting such a large position also requires careful execution to minimize market impact, often involving over-the-counter (OTC) deals or executing trades on exchanges with deep liquidity like Kraken, as reported in this case. Summary: Insights from a Whale’s Big Move The story of the ETH whale who turned a $199 million investment into a $131 million profit over 2.5 years offers valuable insights into the crypto market. It highlights the potential of long-term holding strategies, the significant impact that large players can have, and the power of on-chain data in providing transparency into market activities. While not financial advice, observing the moves of experienced large holders through tools like on-chain data analysis can be an interesting part of understanding market dynamics and the various approaches to crypto trading and investing in assets like Ethereum . To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum price action.
The post Semler Scientific Reports 22.2% BTC Yield YTD in Q1: Company Now Holds 3,808 Bitcoin appeared first on Coinpedia Fintech News Semler Scientific stock gained over 5% on Tuesday following the first quarter 2025 financial results announcement. Bitcoin has signaled the onset of a euphoric rally catalyzed by rising demand from institutional investors. Semler Scientific, Inc. (NASDAQ: SMLR) released its first quarter 2025 financial results on Tuesday, May 13, 2025. During the first three months of 2025, which ended on March 31, Semler Scientific reported a BTC Yield of 21.9 percent, thus a 22.2 percent YTD BTC Yield. As of March 31, 2025, Semler Scientific held about 3,192 Bitcoins, after purchasing 894 BTCs for an aggregate value of about $90.7 million during the quarter. Meanwhile, the company has accumulated 616 Bitcoins since the end of Q1, 2025, through May 12, thus achieving a total holding of 3,808 BTC. “We continue to actively grow our bitcoin arsenal using operating cash flow and proceeds from debt and equity financings,” Eric Semler, chairman of Semler Scientific, noted . “And we are excited to launch the Semler Scientific dashboard today on our website to provide the public with regularly updated information on our bitcoin holdings and other key metrics.“ Ultimate Impact on Bitcoin Price Bitcoin price has approached its all-time high in the past few days amid the quelling of the trade war after the recent U.S. vs China deal. On-chain data shows the rising demand for Bitcoin from institutional investors has decreased the overall BTC supply on centralized exchanges to a multi-year low of about 2.4 million. $BTC [1W] – Parabolic Curve Step-Like Formation – Update After having broken out of Base 4, price is ready to finally blast off to the sell line @ ~$320k. Invalidation: weekly close pic.twitter.com/Ap5YRxaWlQ — Gert van Lagen (@GertvanLagen) May 13, 2025 As a result, BTC price is well positioned to follow a similar fractal pattern to the 2017 and 2021 crypto bull cycles. According to crypto analyst Gert van Lagen, Bitcoin price will likely rally towards $320k in this cycle, unless the flagship coin falls below $79k.
The popular U.S. Bitcoin ETFs have now accumulated over $41 billion worth of collective inflows, following a recent bounceback in demand.
Bitcoin continues to show resilience, maintaining a price above $100,000 as market sentiment shifts positively thanks to a recent US-China trade agreement. Factors such as declining inflation and increased investor
Key Takeaways: By establishing a dedicated Digital Asset Committee, the Democratic Party is making crypto regulation a defining issue in South Korea’s upcoming presidential election. The committee includes academics, industry experts, and exchange representatives, showing a rare blend of government and private sector input in shaping national digital asset laws. With ambitions to place the committee under direct presidential control, the initiative could centralize crypto policymaking and accelerate South Korea’s push to lead in digital finance. South Korea jolted its presidential race on May 13 when the Democratic Party unveiled a Digital Asset Committee, vowing to pull crypto regulation straight into the next president’s office. The committee, formed under the party’s election campaign arm, held its first meeting on Tuesday at the National Assembly Members’ Hall in Seoul. Local news agency, News1, reported that the initiative comes as digital assets emerge as a key issue in the upcoming presidential election. The committee will play a central role in drafting pledges, driving legislation, and building frameworks for digital assets, with early discussions focused on the Basic Digital Asset Act, known as the “Stage 2 Bill.” Source: News1 South Korea’s Digital Asset Committee to Draft Crypto Laws, Push Industry Reform Rep. Min Byeong-deok leads the committee as chairman. He emphasized the long-term vision, stating, “The goal is to make the Digital Asset Committee directly under the president so that it can have expertise and implement actual policies.” The committee is structured around two main groups. The Industrial Innovation Growth Committee, chaired by Professor Kang Hyung-goo of Hanyang University, will focus on boosting South Korea’s leadership in the global digital economy. The Policy and System Support Committee, led by Dr. Yoon Min-seop, will work on laws and regulatory frameworks. In addition, four subcommittees will handle user protection, legal reform, industry growth, and external cooperation. Experts from exchanges and blockchain companies will participate, reflecting a mix of government and private sector involvement. Stablecoins were among the topics raised during the launch meeting. The debate also reflects growing political interest. Democratic Party presidential candidate Lee Jae-myung previously supported a won-linked stablecoin, while rival candidates raised concerns, citing past failures like the Terra-Luna collapse. “There are discussions about whether stablecoins should be subject to a licensing system or a reporting system,” Chairman Min noted. “There is also debate over whether the Bank of Korea or the Financial Services Commission should lead regulation.” Bank partnerships with crypto exchanges were also discussed. Currently, one exchange typically pairs with one bank. Min acknowledged this as a limitation, saying, “There are clear shortcomings to the one-exchange-one-bank principle.” Yoon Yeo-jun, a senior official with the campaign, warned that unclear regulations are pushing companies and investors abroad. “We must resolve these issues during the presidential election,” he said, “and achieve both market development and investor protection.” South Korea’s Central Bank Clashes With Lawmakers Over Stablecoin Control Amid Election Heat As South Korea’s Democratic Party pushes forward with its new Digital Asset Committee, the Bank of Korea (BOK) is drawing a firm line on who should oversee the nation’s stablecoin future. Stablecoins , particularly those pegged to the Korean won, have rapidly become a major point of contention in the lead-up to the June 3 presidential election. On May 12, BOK officials publicly stated that they must have final authority over the approval and issuance of KRW-based stablecoins, citing risks to monetary policy and financial stability. Koh Kyung-chul, head of the bank’s electronic finance unit, warned that excluding the central bank from early discussions could undermine national monetary control. He emphasized that legal frameworks must be crafted with input from the BOK to avoid destabilizing the country’s financial ecosystem. The debate comes as Democratic Party candidate Lee Jae-myung calls for South Korea to “enter the stablecoin market quickly,” warning that delays could lead to capital flight. Democratic Party (DP) presidential candidate Lee Jae-myung appealed for support during a visit to Yeongju, North Gyeongsang, on Sunday, asking, “What did I do so wrong?” https://t.co/YF27ZsVGkG — The Korea JoongAng Daily (@JoongAngDaily) May 4, 2025 Meanwhile, People Power Party candidate Kim Moon-soo has promised to allow major government funds to invest in digital assets and supports institutional reforms to legitimize crypto. With over 16 million Koreans engaged in crypto, digital asset policy has become a defining issue, transforming the election into a showdown between central bank caution and political ambition. The post Is South Korea’s Digital Asset Committee About to Redefine Crypto Regulation? appeared first on Cryptonews .