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New Senate Bill Empowers US Secret Service to Combat Digital Asset Cybercrimes
5.8.2024
U.S. senators have introduced legislation to empower the Secret Service to combat cybercrimes involving digital assets. This legislation addresses the growing use of cryptocurrencies for illicit activities and mandates the Government Accountability Office to evaluate law enforcement’s...
Blockchain and Nation-State Infrastructure: Why Bother?
4.8.2024
We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel Kubat, Founder of Union Labs. As blockchain...
Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto
4.8.2024
Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described crypto as “a different form of currency” that is already “prominent”...
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
3.8.2024
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar and pay down national debt, aiming to position...
Indian Court Reaffirms Legality of Cryptocurrency, Grants Bail to Yes World CEO
3.8.2024
The Orissa High Court in India has reaffirmed that cryptocurrency trading and transactions are neither banned nor deemed illegal in India. Citing the legality of crypto, the court granted bail to Sandeep Chowdhury, CEO of Yes World, who was accused of defrauding investors through a Ponzi scheme...
Crypto leaders, Harris campaign officials set for roundtable
3.8.2024
The upcoming roundtable hosted by Ro Khanna represents a crucial opportunity for the cryptocurrency industry to influence the policy direction of the next administration
Sen Lummis bill gains swift support with 2,200 letters sent
3.8.2024
A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking
Coinzoom Operations Suspended in Ohio Following Regulatory Examination
3.8.2024
The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a regulatory examination. Current customers can still withdraw their assets, but the exchange cannot accept new business. The suspension follows a multi-state examination...
French regulator accepting CASP applications ahead of MiCA rollout
2.8.2024
The AMF is giving firms registered under its current DASP rules ample time to transition, too
Ex-Binance adviser to join Kamala Harris campaign: Report
2.8.2024
The prospective Democratic nominee’s position on crypto and blockchain was still unclear, but officials connected to the industry are reportedly getting on board
Kamala Harris supporting crypto could impact vote in key states — think tank
2.8.2024
The race between presumptive Democratic nominee Kamala Harris and Donald Trump is expected to be close in November — could crypto make a difference?
Morgan Stanley wealth managers to embrace Blackrock, Fidelity Bitcoin ETFs: Report
2.8.2024
Winning over the $3.75 trillion financial advisory firm is a historic milestone for crypto
Trump made many promises to Bitcoiners — Can he keep them?
2.8.2024
The Republican nominee for US president pledged to commute Ross Ulbricht’s sentence, fire SEC Chair Gary Gensler, and have all Bitcoin mined in the United States
EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert
2.8.2024
The European Central Bank recently joined forces with Crystal Intelligence, as its blockchain analytics partner for the upcoming MiCA implementation
Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
2.8.2024
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a key development for the broader crypto economy....
US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve
1.8.2024
U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance sheet. The initiative seeks to position the U.S. as a leader in financial innovation by proposing...
NY authorities announce charges related to ‘sham’ crypto recovery firm
1.8.2024
The New York County District Attorney seized roughly $14,000 that Coin Dispute Network operators allegedly stole from users
NY authorities announce charges related to ‘sham’ crypto recovery firm
1.8.2024
The New York County District Attorney seized roughly $14,000 that Coin Dispute Network operators allegedly stole from users
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
1.8.2024
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports the bank’s plans to foster the digital economy. VASP...
EU watchdog warns of offshore crypto risks under MiCA regulation
1.8.2024
The European Securities and Markets Authority warns crypto companies operating globally of the potential risks that may arise while seeking authorization under MiCA