A massive liquidation event in the crypto market caused a $200 million drop within just four hours, shaking market confidence and highlighting the volatile nature of digital assets. […]
Crypto ETF Applications Stuck as Government Shutdown Continues
The US government shutdown enters its third week, and 16 crypto exchange-traded fund (ETF) applications remain in limbo. This delay stems from the inability of Congress to pass […]
Kenya Introduces Regulatory Framework for Cryptocurrencies
Kenya has taken a significant step forward in regulating its cryptocurrency sector by passing the Virtual Asset Service Providers (VASP) Bill. This landmark legislation sets the stage for […]
Ex-BitForex CEO Addresses Insider Trading Allegations, Calls for Further Investigation
Garrett Jin, former CEO of BitForex, is facing allegations of insider trading linked to President Donald Trump. The claims, brought forward by an anonymous on-chain investigator, suggest Jin […]
Democrats Stalled US Crypto Framework Bill, Industry Outcry Mounts
The Senate’s Responsible Financial Innovation Act (RFIA), intended to provide legal clarity for the cryptocurrency industry, faces a standstill. Democratic senators proposed amendments that have drawn criticism from […]
Societe Generale and Bitpanda Partner to Integrate Bank-Issued Stablecoins into DeFi
Societe Generale’s FORGE division and cryptocurrency exchange Bitpanda are expanding their collaboration to integrate regulated, bank-issued stablecoins into the decentralized finance (DeFi) ecosystem. This move signifies a significant […]
Bitcoin Price Drops Amid U.S. Government Bitcoin Transfer
Bitcoin’s price experienced a notable decline, falling to around $110,000 following the US government’s transfer of 667 BTC to a new wallet on Tuesday. This unexpected move has […]
California Protects Unclaimed Crypto from Liquidation
California Governor Gavin Newsom signed Senate Bill No. 822, marking the first U.S. state to enact legislation safeguarding unclaimed digital assets. The new law ensures that cryptocurrency remains […]
Crypto Regulation Stalls: Political Gridlock Threatens Progress
After months of negotiations, US senators remain deeply divided over how to regulate digital assets. Key disagreements include defining digital assets, power distribution between regulatory agencies, and even […]
US Banking Giant Warns of Delays in Crypto Regulation Bill, ‘Things are Not Going Well’
A major US banking firm, TD Cowen, has issued a concerning update regarding the progress of cryptocurrency regulation legislation. The bank warns that the ongoing government shutdown is […]
Global Effort to Regulate Stablecoins: Navigating a Complex Landscape
There is growing urgency for global regulatory action regarding stablecoins, with international efforts to establish unified frameworks gaining momentum. The Financial Stability Board (FSB) under Andrew Bailey’s leadership […]
FSB Chair Urges Swift Action on Global Stablecoin Regulation
Financial Stability Board (FSB) Chair Andrew Bailey has emphasized the urgent need for global regulatory action concerning stablecoins, highlighting the risks associated with their rapid growth and potential […]
Kenya Parliament Approves First Crypto Regulatory Bill: A Step Towards Financial Sector Development
Kenya’s parliament has passed a crucial legislation, paving the way for the country to become a leader in the regulation of digital assets. The Virtual Asset Service Provider […]
Kenya Enacts Crypto Regulation Law, Aims for Blockchain Investment
Kenya’s parliament has passed a bill outlining regulatory frameworks for digital assets. The law aims to establish clear guidelines for cryptocurrency use, taxation, and management, paving the way […]
Crypto Market Trends: Key Economic Events to Watch This Week
This week is shaping up to be pivotal for crypto markets as significant economic events are set to unfold. The week kicked off with the Blockworks’ Digital Assets […]