The Federal Reserve has officially ended the ‘Novel Activities Supervision Program’ which previously applied extra scrutiny to banks involved in crypto businesses. This move signals a significant shift […]
China’s Duyun City Pilots New Protocol for Handling Crypto Assets
Duyun City, Guizhou, China is pioneering a unique approach to crypto asset management by implementing a new protocol that involves freezing seized virtual currencies and storing them in […]
China Tightens Crypto Control with New Storage Protocols Amid Trading Ban
Facing challenges in managing seized crypto assets following a 2021 ban, China’s Duyun City is implementing new protocols for handling them. This includes using cold wallets and joint […]
Cardano Sees Price Rally Amidst Market Volatility, Navigating Regulatory Uncertainty
Despite volatility in the cryptocurrency market, Cardano’s price has surged significantly, driven by institutional investors and technical breakthroughs. The price target for Cardano remains around $1.15 as of […]
US Treasury Examines Digital ID Verification for DeFi to Combat Illicit Finance
The US Department of the Treasury is actively seeking public feedback on how digital identity tools and emerging technologies can be used to combat illicit finance in crypto […]
Federal Reserve Terminates Novel Activities Supervision Program
The Federal Reserve has officially ended its Novel Activities Supervision Program, marking a significant shift in financial regulation for cryptocurrency and fintech businesses. The decision marks the return […]
US Fed Closures Crypto Bank Oversight Program, Signaling Regulatory Shift
The Federal Reserve has closed its dedicated crypto bank oversight program, signaling a shift in regulatory approach towards reduced oversight of digital assets. The decision follows a broader […]
Hong Kong Tightens Crypto Custody Rules to Enhance Investor Protection
The Hong Kong Securities and Futures Commission (SFC) has introduced new regulations for crypto custody, bolstering oversight of digital asset trading platforms in the region. These updates aim […]
Institutional Investment Fuels Ethereum’s Surge
Recent price increases for Ethereum are driven primarily by investment from institutions, particularly those based in the United States, according to BlockBeats data. This trend is further bolstered […]
Michael Saylor Predicts New Era of Bitcoin Integration into Banking
Michael Saylor believes recent regulatory changes by the Federal Reserve signal a turning point for Bitcoin integration in financial systems. Following the Fed’s policy shift, Saylor highlighted this […]
BIS Proposes New Framework for Cryptocurrency Conversions, Aiming to Enhance Security
A recent research paper from the Bank for International Settlements (BIS) outlines a proposal that would grade cryptocurrencies based on their transaction history and assign compliance scores. This […]
U.S. Tightens Rules on Crypto ATMs Amidst Fraud Surge
The digital currency landscape is constantly evolving, presenting both opportunities and challenges. Recent regulatory actions in the U.S., prompted by a surge in crypto ATM fraud, highlight the […]
New York Prepares for Cryptocurrency Transfer Tax, Aiming to Fund Substance Abuse Programs
New York Assemblymember Phil Steck has proposed legislation introducing a 0.2% excise tax on cryptocurrencies, NFTs, and similar digital assets. If approved, this new tax would impact both […]
South Korea Pursues Crypto Ecosystem Development with New Regulatory Focus
In a move reflecting its commitment to fostering innovation in the digital asset sector, South Korea’s government has unveiled plans for robust regulatory reforms. This initiative aims to […]
Crypto Execs Push Trump to Block Bank Fees for Customer Data
A group of executives from the cryptocurrency and fintech sectors has urged US President Donald Trump to prohibit banks from charging fees for accessing customer data. They argue […]