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Crypto.com Expands Offerings With Acquisition in Australia


Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission. This move allows Crypto.com to broaden its financial product offerings, including derivatives...

DOJ’s Crypto Enforcement Cracks Down on $73M Laundering Scheme


The U.S. Department of Justice (DOJ) announced Tuesday that Daren Li, a dual citizen of China and St. Kitts and Nevis, has pleaded guilty to conspiracy to commit money laundering, admitting to laundering over $73 million from cryptocurrency investment scams. Li, 41, operated through a network...

Ripple CEO Predicts US Crypto Boom Amid XRP’s Explosive Growth


Ripple’s CEO predicts a seismic shift in U.S. cryptocurrency, citing potential reduced SEC oversight under Trump and surging market growth, including the recent $800 billion market unlock. Crypto in US Enters New Era: Ripple CEO Highlights XRP’s Market Resurgence Ripple CEO Brad...

Former SEC Official Calls for Gensler to Resign, End All Crypto Crackdowns


A former SEC enforcement chief has called for Chair Gary Gensler to resign and end crypto enforcement, citing Trump’s victory and stating: “the people have spoken.” Former SEC Enforcement Chief Wants Gary Gensler Step Down and Crypto Cases End Former chief of the U.S. Securities...

Nigerian Crypto Industry Players Applaud Proposal to Jail Ponzi Operators


Nigeria’s proposed Investments and Securities Bill, which proposes jail terms for Ponzi scheme operators, has been welcomed by crypto industry players who hope this will help clean up the sector’s reputation. 10-Year Jail Terms Proposed for Ponzi Operators Some members of Nigeria’s...

Crypto ETFs Take a Hit: Fidelity and Grayscale Lead Losses


On Friday, after a tough Thursday of losses, the 12 spot bitcoin exchange-traded funds (ETFs) faced another dip. Similarly, the nine spot bitcoin ETFs didn’t fare any better, wrapping up the day in the red. Bitcoin and Ether ETFs—Fidelity, Grayscale, Valkyrie, Bitwise, Ark Invest,...

It’s Morning in America for Crypto


With a decisive electoral sweep of the presidency and Congress, Trump’s second term could mark a transformative era for bitcoin, crypto, and the broader blockchain industry. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get...

Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks


The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims. The HKMA observed that two crypto firms, which are not licensed banks in Hong Kong...

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