US stablecoin legislation continues to evolve, drawing attention from industry leaders and policymakers alike. Coinbase CEO Brian Armstrong has voiced concerns about a proposed prohibition on yield generation […]
Ripple Reaches $50 Million Settlement With SEC, Ending Legal Dispute
After a lengthy legal battle, Ripple Labs has reached a settlement with the U.S. Securities and Exchange Commission (SEC) for $50 million, ending their dispute regarding XRP sales. […]
U.S. Senate Blocks GENIUS Act, Threatening Financial Innovation
The U.S. Senate’s rejection of the GENIUS Act has sent shockwaves through the financial industry, raising concerns about the future of financial innovation in America. The decision marks […]
Stablecoin Regulation Blocked in U.S. Senate: A Close Vote Remains Unclear
The U.S. Senate narrowly voted against a bill aiming to regulate stablecoins on May 8, 2025, with a 48-49 vote. This decision leaves the status of stablecoin issuers […]
U.S. Senate Blocks Stablecoin Regulation, Raising Market Uncertainty
The U.S. Senate’s attempt to regulate stablecoins has failed, with a narrow 48-49 vote against the GENIUS Act. The bill aimed to establish regulations for these cryptocurrencies, but […]
Celsius Founder Sentenced to Prison: A Landmark Case in Crypto Fraud
Alex Mashinsky, the founder of Celsius Network, was sentenced to 12 years in prison for securities and commodities fraud related to the 2022 crypto market crash. This is […]
Alex Mashinsky Sentenced for Crypto Fraud: 12-Year Prison Term
Alex Mashinsky, former CEO of Celsius Network, has been sentenced to 12 years in prison for orchestrating a fraud scheme that left investors with billions in losses. The […]
Crypto Market Navigate New Policy Landscape: Dollarization & Institutional Influence Drive Transformation
The cryptocurrency industry is undergoing a pivotal shift as global economic forces reshape market dynamics. HTX Ventures, the investment arm of HTX, recently published its report, ‘Industry Insights: […]
Kuwait Takes Crackdown on Illegal Crypto Mining: 116 Individuals Questioned
In a significant development impacting the Middle East’s cryptocurrency landscape, Kuwait has escalated its regulatory efforts against unauthorized digital asset mining operations. Authorities have initiated investigations and enforcement […]
Upbit Implements New Verification Procedures to Meet Regulatory Demands
South Korean cryptocurrency exchange Upbit, operated by Dunamu, will make changes to its customer verification processes starting May 13, 2025, following pressure from the Financial Intelligence Unit (FIU). […]
ChatGPT’s Instagram Post Raises Questions About Crypto Oversight
An unexpected move by the official ChatGPT account on Instagram has raised eyebrows in the crypto community, sparking questions about oversight in a space where even seemingly innocuous […]
Trump’s Crypto Tweet: Lobbyist Influence Shapes Market Impact
Former President Donald Trump proposed a ‘U.S. Crypto Reserve’, including XRP, Solana, and Cardano, on Truth Social, following influence from a Ripple-affiliated lobbyist. This move had significant market […]
Arizona & Oregon Lead the Way: New Bitcoin Reserve Laws Spark Market Reaction
Arizona and Oregon have taken significant steps toward mainstreaming cryptocurrency by enacting new Bitcoin reserve laws, marking a pivotal shift in state-level digital asset regulation. The move comes […]
Ripple Wins SEC Lawsuit; $75 Million Settlement Reaches Historic Milestone
The long-running legal battle between Ripple and the SEC has reached a resolution. The court has approved a $50 million settlement portion of a proposed $125 million agreement, […]
USD1 Stablecoin Market Cap Reaches $2 Billion Amidst Trump-Linked Investments
A USD1 stablecoin linked to Donald Trump and World Liberty Financial has seen a significant surge in its market capitalization, exceeding $2 billion. This rapid growth is driven […]