Iraq Bulletin

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US banks gain flexibility to participate in crypto markets

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The United States Federal Reserve Board has announced the withdrawal of previous guidance that restricted banks from participating in cryptocurrency-related activities without prior approval. The move, made official on Thursday, signals a shift towards a more flexible regulatory environment, aligning...
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ETF adoption accelerates as U.S. advisors turn to crypto investments

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CryptoWire News Desk: U.S. financial advisors are increasingly embracing cryptocurrency exchange-traded funds (ETFs), with a majority signaling plans to expand their exposure in 2025. According to a survey presented by TMX VettaFi at the Exchange conference in Las Vegas, 57%...
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XRP surges after SEC drops lawsuit against Ripple

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XRP surged following an announcement by Ripple CEO Brad Garlinghouse that the U.S. Securities and Exchange Commission (SEC) is dropping its appeal in the long-running lawsuit against the payments company. The cryptocurrency saw an increase of nearly 11%, reaching $2.52....
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Top crypto executives to attend White House regulatory summit

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The White House Crypto Summit is set to take place on March 7, 2025, with President Donald Trump hosting the event to address the future of digital asset regulation in the United States. The summit will bring together leading cryptocurrency...
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Robinhood crypto case dismissed as SEC scales back enforcement

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The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Robinhood's cryptocurrency unit without pursuing enforcement action, the company announced on Monday. The decision marks a significant regulatory shift under the administration of President Donald Trump. The financial...
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SEC lawsuit against Coinbase faces dismissal, signaling policy shift

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Coinbase announced that the U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against the cryptocurrency exchange, pending final approval by the commission’s leadership. The move signals a potential shift in regulatory attitudes toward digital assets...
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Cyber and Emerging Technologies Unit replaces SEC’s crypto squad

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The U.S. Securities and Exchange Commission (SEC) has announced a restructuring of its crypto enforcement efforts, renaming and downsizing the unit previously dedicated to digital assets. The move signals a shift in the agency’s approach under Acting Chairman Mark Uyeda,...
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Goldman Sachs now holds $2 billion in Bitcoin and Ethereum ETFs

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Goldman Sachs has significantly increased its holdings in cryptocurrency exchange-traded funds (ETFs), accumulating over $2 billion in Bitcoin and Ethereum ETF shares, according to recent U.S. Securities and Exchange Commission (SEC) filings. The investment banking giant now holds approximately $1.3...
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SEC’s lawsuit against Binance faces pause amid regulatory shift

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The U.S. Securities and Exchange Commission (SEC) has requested a 60-day pause in its ongoing lawsuit against Binance and its founder, Changpeng Zhao, in a move that could signal a shift in regulatory policy on cryptocurrency enforcement. The joint motion,...