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The U.S. Commodity Futures Trading Commission (CFTC) has launched a robust expansion of its oversight over cryptocurrency markets, signaling a new era of regulatory scrutiny, according to a CFTC press release. On August 22, Acting Chairman Caroline D. Pham announced the second phase of the “Crypto Sprint” initiative, aiming to strengthen federal supervision of digital assets while fostering innovation, per …

Ripple CEO Brad Garlinghouse has declared a “new dawn” for cryptocurrencies, citing a dramatic shift in U.S. regulatory sentiment at the Wyoming Blockchain Symposium on August 22. In a post on X, Garlinghouse noted that discussions with policymakers, including Federal Reserve Governors Michelle Bowman and Christopher Waller, revealed unprecedented openness to blockchain innovation, a stark contrast to last year’s skepticism. …

Despite rising institutional involvement in cryptocurrencies, Bitcoin investors remain deeply skeptical of banks, hedge funds, and traditional financial players, according to crypto commentator Preston Pysh. Speaking on his podcast, The Investor’s Podcast, Pysh highlighted that Bitcoin’s core community continues to prioritize decentralization and self-sovereignty over institutional embrace, even as the market sees $11.5 billion in Bitcoin ETF trading volumes in …

Pennsylvania lawmakers have introduced a bill to ban cryptocurrency activities in workplace environments, igniting a heated debate between regulatory advocates and tech innovators. The proposed legislation, introduced on August 20, aims to prohibit employees from trading, accepting, or promoting cryptocurrencies during work hours or on company premises, citing risks to productivity and cybersecurity. Unlike House Bill 1812, which targets public …

Bitcoin (BTC) has surged to $117,300, igniting a frenzy of bearish liquidations and fueling speculation of new all-time highs, according to Cointelegraph. The rally, sparked by Federal Reserve Chair Jerome Powell’s hint at a September rate cut during the Jackson Hole Symposium, liquidated $379.88 million in short positions, with $56.4 million tied to BTC alone, per CoinGlass data. This short …