The US state of Massachusetts is cracking down on illegal cryptocurrency market practices, with a federal court sentencing CLS Global, a UAE-based crypto financial services firm, to a […]
Congress Weighs In: Stablecoin Regulation Takes Center Stage
The U.S. House of Representatives Financial Services Committee has initiated a series of discussions concerning the potential regulation of stablecoins. This bill, aiming to introduce new rules for […]
Genius Group Battles Legal Hurdles While Attempting to Liquidate Bitcoin Holdings
Singapore-based education and technology company, Genius Group, is facing significant legal hurdles in attempting to liquidate its Bitcoin holdings. A recent court ruling by the Southern District Court […]
US House Advances Anti-CBDC Bill, Prepping for Vote
The US House Financial Services Committee has taken a major step forward by advancing a bill aimed at prohibiting federal banks from issuing or using central bank digital […]
South Korea May Open Crypto Market to Foreign Investors, Driven by AML Improvements
South Korea is considering easing restrictions on foreign investors buying cryptocurrencies through local exchanges. This potential change depends on the progress of these exchanges’ anti-money laundering (AML) capabilities. […]
Justin Sun Calls for Hong Kong Trust Reforms After TUSD Fund Crisis
Tron founder Justin Sun intervened with emergency funding after the stablecoin TrueUSD (TUSD) issuer, Techteryx, faced a liquidity crisis of $456 million due to illiquid investments. Although claiming […]
House Approves Bill Blocking Central Bank Digital Currency by U.S. Federal Reserve
The U.S. House of Representatives’ Financial Services Committee has voted to advance legislation that would prevent the Federal Reserve from issuing a central bank digital currency (CBDC). The […]
U.S. House Passes Bill Blocking Federal Digital Currency
The U.S. House of Representatives voted to block the Federal Reserve from creating a central bank digital currency (CBDC), advancing legislation backed by Rep. Tom Emmer. The Anti-CBDC […]
UK Must Seize £57B Crypto Opportunity by 2030 for Economic Boost
The UK has a massive opportunity to boost its economy significantly through the cryptocurrency market, projected to grow to £57 billion by 2030. This presents a unique chance […]
BlackRock and Galaxy Digital Receive UK Regulatory Approvals for Crypto Operations
The UK’s Financial Conduct Authority (FCA) has granted BlackRock permission to operate as a crypto asset firm within the country, opening doors for transactions related to iShares Digital […]
U.S. Lawmakers Call for Streamlining Blockchain Regulations
A letter penned by several Republican members of the U.S. House Financial Services Committee urges the Federal Reserve, the FDIC, and the OCC to revise their regulatory approaches […]
UK Trade Bodies Push for Government to Prioritize Cryptocurrency
UK trade organizations are urging the government to prioritize cryptocurrency as a key focus area within its economic strategies. They emphasize the substantial market potential of this sector, […]
BlackRock Receives UK Crypto Asset Firm Approval: Expanding Bitcoin ETP Reach
BlackRock, the world’s largest asset manager with over $12 trillion in assets under management, has secured official recognition as a crypto asset firm from the UK’s Financial Conduct […]
SEC Chair Nominee Paul Atkins Faces Senate Vote
Paul Atkins, nominated by President Donald Trump for the SEC Chair position, faces a crucial vote on April 3, 2025, by the Senate Banking Committee. This leadership change […]
Coinbase Seeks Court Intervention to Revive Lawsuit Against FDIC
Leading cryptocurrency exchange Coinbase has filed a motion in the D.C. District Court seeking to revive its Freedom of Information Act (FOIA) lawsuit against the Federal Deposit Insurance […]