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Tornado Cash users file appeal over judgment in favor of US Treasury

14.11.2023
The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court

Bim Afolami takes the reins on UK crypto policy as new Economic Secretary

14.11.2023
Under U.K. Prime Minister Rishi Sunak, former Economic Secretary Andrew Griffith will become the next Minister of State in the Department for Science, Innovation and Technology

Lloyds Bank: UK Sees 23% Increase in Cryptocurrency Scam Reports

14.11.2023
Source: AdobeStock / JeromeMaurice Lloyds Bank, a big four bank in the United Kingdom, reports that crypto scams have risen 23% compared to the same period last year. The firm warned that fraudsters are targeting young people over social media, with victims losing an average of £10,741 ($13,183.72)...

APEC finance ministers to share perspectives on crypto at meeting in San Francisco

13.11.2023
U.S. Treasury Secretary Janet Yellen said she is looking forward to hearing from the finance ministers of some of the world’s most crypto-forward countries

Crypto advocacy group pushes back against proposed IRS rules on brokers

13.11.2023
The Blockchain Association claimed the U.S. Treasury overstepped its authority in proposing crypto tax rules difficult or impossible to follow by many in the space

U.S. FSC to discuss illicit activity in crypto at upcoming hearing

13.11.2023
Discussions around illicit activity, such as money laundering and terror financing, will take center stage at the Financial Services Committee hearing

Hackers claim to have stolen user data from defunct crypto ATM firm Coin Cloud

13.11.2023
The hackers say they have nabbed the data of about 300,000 users of Coin Cloud residing in the United States and Brazil

US Government Remains Hostile Toward Crypto Despite Ripple’s SEC Win, Says CEO

12.11.2023
Ripple’s CEO says the U.S. government is still hostile toward crypto despite the cryptocurrency firm’s victory against the U.S. Securities and Exchange Commission (SEC). “Until that changes, the banks in the United States are not going to engage meaningfully,” he warned, adding:...

Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns

11.11.2023
The credit agency Moody’s has revised the United States credit outlook to “negative” from “stable” due to concerns over persistent large fiscal deficits and diminishing debt affordability. The announcement follows a previous downgrade by Fitch and reflects ongoing...

Bank of Russia to Develop Digital Ruble Payment System With the UAE

11.11.2023
The Bank of Russia has announced it will create a joint payment system with the United Arab Emirates (UAE) using the digital ruble. Bank of Russia’s First Deputy Governor Olga Skorobogatova stated that the system would serve individuals and businesses alike and estimated its development would...

Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE

11.11.2023
Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including...

Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown

11.11.2023
The Campaign for Accountability wanted to let the anti-crypto senators know that the threat of terrorist financing with crypto was worse than they thought

BlackRock ETH ETF helps price past $2k; community sees BTC ETF as 'done deal'

10.11.2023
BlackRock has previously also filed for a Bitcoin ETF, for which the SEC approval window is currently open until Nov. 17

Court Halts SafeMoon’s CEO Bail After Prosecutors Allege a “Danger to the Community”

10.11.2023
Source: Adobe United States federal prosecutors have halted the bail of SafeMoon’s CEO Braden John Karony after they challenged the previous order citing a danger to the community and a potential flight risk. Court filings show New York District Judge LaShann DeArcy Hall has paused Karony’s bail...

US and Allies to Intensify Sanctions Against Hamas, Targeting Crypto Assets to Cut Funding

10.11.2023
Source: Adobe Stock/ sveta The United States and its allies are set to escalate sanctions against the militant group Hamas in the coming days. According to the U.S. Deputy Treasury Secretary Wally Adeyemo, more actions will be taken in the coming days and weeks to cut funding channels to Hamas...

SafeMoon CEO bail release goes on hold after Feds cite flight risk

10.11.2023
Prosecutors argued SafeMoon CEO Braden John Karony poses a flight risk given his alleged access to funds and overseas connections

Standard Chartered and SBI Holdings Collaborate on $100 Million Crypto Investment Venture

9.11.2023
Source: Pixabay SBI Holdings and Standard Chartered’s investment arm, SC Ventures, have joined forces to set up a $100 million joint venture in the United Arab Emirates targeting crypto startups. In a statement released on Thursday, the two companies announced the launch of their Digital Asset...