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 […]
Japan Aims to Regulate Crypto as Financial Products by 2026
Japan is taking steps to redefine its approach to cryptocurrency, aiming to classify digital assets as financial products under stricter regulations by 2026. The Financial Services Agency (FSA) […]
Japan Tightens Crypto Rules: Insider Trading Focus & New Classification?
Japan is preparing to redefine cryptocurrency within its financial law, potentially subjecting it to new compliance requirements aimed at curbing insider trading. According to sources familiar with the […]
Japan Sets to Classify Crypto as Financial Products
Japan’s financial regulator is set to significantly impact the cryptocurrency landscape by classifying cryptocurrencies as financial products. The move, scheduled for early 2026, will see crypto assets fall […]
OKX Faces $500 Million Penalty for Unlicensed Trading, Admits Regulatory Breaches
Cryptocurrency exchange OKX has agreed to pay over $500 million in penalties after pleading guilty to operating an unlicensed money-transmitting business within the United States. The U.S. Department […]
OKX Operator Admits to Unlicensed Trading, Faces $505M Fine
Okx’s parent company affirms its commitment to enhancing compliance procedures by collaborating with global regulators and ensuring adherence to applicable laws and regulations. 🤝