The SEC staff statement was based on observations about previous disclosures, the agency said. …

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The US Securities and Exchange Commission (SEC) and Ripple Labs have jointly filed a motion to hold their appeals in abeyance, citing an agreement in principle to resolve their long-standing case.  The motion, submitted to the United States Court of Appeals for the Second Circuit on April 10, seeks to suspend proceedings while the parties […]

The post SEC and Ripple file joint motion to pause appeals to pursue settlement terms appeared first on CryptoSlate.

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Escalating geopolitical tensions threaten to balkanize blockchain networks and restrict users’ access, crypto executives told Cointelegraph. 

On April 9, US President Donald Trump announced a pause in the rollout of tariffs imposed on certain countries — but the prospect of a global trade war still looms, especially because Trump still wants to charge a 125% levy on Chinese imports. 

Industry executives said they fear a litany of potential consequences if tensions worsen, including disruptions to blockchain networks’ physical infrastructure, regulatory fragmentation, and censorship. 

“Aggressive tariffs and retaliatory trade policies could create obstacles for node operators, validators, and other core participants in blockchain networks,” Nicholas Roberts-Huntley, CEO of Concrete & Glow Finance, told Cointelegraph. 

“In moments of global uncertainty, the infrastructure supporting crypto, not just the assets themselves, can become collateral damage.”

According to data from CoinMarketCap, cryptocurrency’s total market capitalization dropped approximately 4% on April 10 as traders weighed conflicting messages from the White House on tariffs amid a backdrop of macroeconomic unease. 

Related: Trade tensions to speed institutional crypto adoption — Execs

Bitcoin’s vulnerabilities

Bitcoin (BTC) is especially vulnerable to a trade war since the network depends on specialized hardware for Bitcoin mining, such as the ASIC chips used to solve the network’s cryptographic proofs. 

“Tariffs disrupt established ASIC supply chains,” David Siemer, CEO of Wave Digital Assets, told Cointelegraph. Chinese manufacturers such as Bitmain are key suppliers for miners.

However, “the greater threat is the erosion of blockchain’s core value proposition—its global, permissionless infrastructure,” Siemer said. This could be especially problematic for everyday crypto holders. 

“If global trade breaks down and capital controls tighten, it may become harder for citizens in restrictive countries to acquire bitcoin,” said Joe Kelly, CEO of Unchained. “Governments could crack down on exchanges and on-ramps, making accumulation and usage more difficult,” Kelly added.

Ironically, these types of fears also underscore the importance of cryptocurrencies and decentralized blockchain networks, the executives said. 

Bitcoin has already shown “signs of resilience” amid the market turbulence, highlighting the coin’s role in hedging against geopolitical risks. 

“While the environment is challenging, it also creates an opening for crypto to prove its long-term value and utility on the global stage,” noted Fireblocks’ executive Neil Chopra.

Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research

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Bitcoin (BTC) fell more than 3% on April 10, slipping to a low of $78,200 as global markets unwound gains from soaring to an intraday high of $83,424 the previous day triggered by President Donald Trump’s announcement of a temporary tariff pause. The retreat reflects growing investor skepticism over the durability of the previous day’s […]

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Learn MoreBitcoin erases gains as geopolitical tensions continue ramping up

Prosecutors told a New York judge on Thursday that they don’t plan to change the charges against Kwon in light of the memo. …

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