The European Union (EU) is implementing a ban on anonymous cryptocurrencies and privacy tokens by 2027, aligning with stringent Anti-Money Laundering (AML) regulations. This landmark decision aims to […]
Ripple Believes UK Regulations Can Fuel Crypto Expansion
Cassie Craddock, Ripple’s Managing Director for the UK and Europe, believes that the UK has enormous potential to become a leading international center for digital asset innovation. However, […]
Crypto Advocacy Group Urges SEC to Clarify Staking Rules
A coalition of 30 crypto industry groups has urged the Securities and Exchange Commission (SEC) to clarify regulations surrounding staking. The Crypto Council for Innovation, leading this coalition, […]
Appeals Court Halts DOGE’s Access to Social Security Data
In a significant setback for DOGE, a federal appeals court has blocked its attempts to access millions of Social Security records. The 4th US Circuit Court of Appeals […]
Tornado Cash Founder Plea: DOJ Case Threatens US DeFi Growth
The case against Roman Storm, co-founder of Tornado Cash, has ignited concern in the US DeFi community. The DeFi Education Fund has urged former President Trump to halt […]
US SEC Closes Investigation into PayPal’s PYUSD Stablecoin
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into PayPal’s PYUSD stablecoin, dropping enforcement action without penalty. This decision is boosting market sentiment as it […]
UK Introduces Draft Crypto Rules Targeting Exchanges and Stablecoins
The UK government has released draft regulations aimed at crypto exchanges and stablecoin issuers under the 2023 Financial Services and Markets Act. The proposed rules seek to establish […]
UK Unveils Regulatory Bill for Crypto Assets
The UK government has taken a significant step towards regulating the cryptocurrency market with the release of a comprehensive regulatory bill. The bill, released by the HM Treasury, […]
US Court Dismantles Tornado Cash Sanctions, Ending Legal Battle
In a significant victory for the crypto community, the US District Court has voided sanctions imposed on Tornado Cash by the Office of Foreign Assets Control (OFAC). This […]
AUSTRAC Issues Warning to Inactive Crypto Platforms
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has raised alarm bells about the integrity of Australia’s cryptocurrency landscape, alerting inactive cryptocurrency exchanges that they risk deregistration unless […]
Federal Court Blocks U.S. Sanctions on Tornado Cash
A federal court has dealt a major blow to the U.S. Treasury’s attempt to sanction cryptocurrency mixer Tornado Cash, striking down its actions based on legal limitations. The […]
Judge Bars OFAC from Restoring Tornado Cash Sanctions: A Victory for Web3
A significant victory for the decentralized finance (DeFi) community has been secured as a US District Judge ruled that the Office of Foreign Assets Control (OFAC) is prohibited […]
SEC Disposes of Dragonchain Lawsuit, Shifting Regulatory Approach in Crypto
The U.S. Securities and Exchange Commission (SEC) has dismissed its lawsuit against Dragonchain, ending a legal battle stemming from the company’s 2017 Initial Coin Offering (ICO). This marks […]
Circle Clarifies Stablecoin Regulatory Plans: No Federal Bank Charter Pursuit
Crypto platform Circle has clarified its stance on regulatory compliance for stablecoins, denying any pursuit of a U.S. federal bank charter. Instead, the company will focus on adapting […]
Janet Yellen Testifies on 2025 Budget: Fiscal Focus & Crypto Oversight
During a Congressional hearing on July 9, 2024, U.S. Treasury Secretary Janet Yellen presented her budget proposal for 2025, emphasizing fiscal responsibility and deficit reduction. The proposal also […]