Major Governance Platform Tally Announces Shutdown Amid Regulatory Shifts

The regulatory climate in the US is shifting, and although many consider it for the better, the changes are already taking effect. Tally, a governance tooling platform that’s used by more than 500 decentralized autonomous organizations (DAOs), including Uniswap, Ethereum Name Service (ENS), and Arbitrum, announced that it will...
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Mastercard Snags BVNK After Failed $2 Billion Coinbase Deal

Mastercard has announced an acquisition of stablecoins infrastructure firm BVNK, which was previously in talks with Coinbase over a $2 billion deal. Mastercard Will Be Acquiring BVNK For Up To $1.8 Billion As announced in a press release, Mastercard has reached a definitive agreement to acquire BVNK for up...
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What the SEC and CFTC’s New Guidance Actually Means for Your Crypto

For years now, the entire cryptocurrency industry has operated under a fog of regulatory uncertainty. Investors and developers alike were wondering which crypto asset the U.S. government might suddenly decide to classify as an unregistered security. Take Ripple’s XRP, for instance – one of the most obvious examples. The...
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Anthony Scaramucci Backs Michael Saylor’s Preferred Stock Bet: ‘This Is His iPhone Moment…Has Set The Clock On Global Adoption’

Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, labeled Strategy Inc.‘s (NASDAQ: MSTR) preferred stock issuance an “iPhone moment” that would trigger widespread Bitcoin (CRYPTO: BTC) adoption. Setting The ‘Clock On Global Adoption’ In an X post, Scaramucci said that Strategy’s high-yield instrument, Perpetual Stretch Preferred Stock (NASDAQ: STRC), has...
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SEC Finally Clarifies That Most Crypto Assets Are Not Securities

The SEC issued an interpretation on Tuesday clarifying how federal securities laws apply to certain crypto assets and transactions involving cryptocurrencies. This is a “major step in the Commission’s efforts to provide greater clarity regarding the treatment of crypto assets,” it stated. The guidance also “complements Congressional endeavors to...
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