The Algorand Basis introduced a 25% workforce discount on March 18, 2026, affecting roughly 50 employees from a complete of fewer than 200. The layoffs got here in the future after US regulators issued joint steerage classifying ALGO as a digital commodity moderately than a safety. The layoffs coincide withContinue Reading
Senator Cynthia Lummis confirmed on March 18 that the Senate Banking Committee will mark up the Digital Asset Market Readability Act within the second half of April, after the Senate’s Easter recess ends April 13. The invoice goals to determine a bright-line SEC/CFTC jurisdiction break up and a framework forContinue Reading
Arizona has escalated its case towards Kalshi by submitting prison prices over alleged unlawful playing exercise. Kalshi argues the case is a jurisdictional overreach and a part of a broader battle over regulatory management. The dispute highlights stress between state playing legal guidelines and federal oversight by way of theContinue Reading
As crypto adoption hits document highs, Australians are more and more being thwarted by financial institution insurance policies that block or delay transactions with crypto exchanges — affecting nearly one in three traders. Regardless of uncertainty round market path, rising participation and better portfolio allocations suggests Australians are trying previousContinue Reading
NFTs are usually handled as digital collectibles, not securities, below the SEC’s up to date framework. Classification nonetheless will depend on construction, notably whether or not revenue expectations depend on others’ efforts. The brand new steering goals to make clear crypto guidelines whereas permitting flexibility for edge circumstances. US SECContinue Reading
CryptoQuant Head of Analysis Julio Moreno recognized US$75,000 and US$85,000 as essential resistance ranges tied to the Merchants’ On-chain Realized Worth, a metric monitoring the common value foundation of short-term market individuals. Hourly Bitcoin inflows into exchanges hit 6,100 BTC on March 16, with giant deposits accounting for 63% ofContinue Reading
Citigroup lowered its 12-month Bitcoin forecast from US$143K to US$112K and its Ethereum goal from US$4,304 to US$3,175, citing weaker community exercise and slower legislative progress. The financial institution minimize its projected bitcoin ETF demand from US$15 billion to US$10 billion. Nevertheless, it nonetheless considers institutional inflows by ETFs theContinue Reading
The SEC and CFTC issued joint interpretive steerage on March 17 introducing a five-category token taxonomy: digital commodities, digital collectibles, digital instruments, stablecoins, and digital securities. The steerage explicitly classifies protocol mining, staking, and sure airdrops as non-securities actions. SEC Chairman Paul Atkins said the interpretation “acknowledges what the previousContinue Reading
The Legal professional Normal of the US state of Arizona, Kris Mayes, has filed felony costs towards prediction market Kalshi for working an unlicensed playing platform and establishing betting markets on the outcomes of elections. Kalshi is dealing with 20 counts, together with costs associated to creating betting markets onContinue Reading
Moody’s brings credit score scores onchain by way of TIE, enabling institutional customers to entry insights inside blockchain workflows underneath issuer-controlled entry. A brand new Moody’s platform connects conventional credit score evaluation with blockchain programs, launching on Canton with plans to increase throughout markets and property. TIE introduces onchain distributionContinue Reading
