Trump’s Crypto Ventures Delay Stablecoin and Crypto Policy Progress The intersection of politics and cryptocurrencies has always been a contentious one. With the rise of digital currencies and blockchain technology, governments around the world are grappling with how to regulate this new and rapidly evolving sector. In the United States, the debate over crypto policy […]
€34 million in crypto seized from eXch for facilitating money laundering
€34 Million in Crypto Seized from eXch for Facilitating Money Laundering In a significant crackdown on illicit activities within the cryptocurrency sphere, authorities have successfully seized a staggering €34 million from eXch, an exchange platform allegedly involved in facilitating money laundering. This bold move not only underscores the growing concerns surrounding the misuse of digital […]
FTC says Amazon misused legal privilege to dodge scrutiny
FTC Says Amazon Misused Legal Privilege to Dodge Scrutiny The Federal Trade Commission (FTC) recently made a significant accusation against retail giant Amazon, alleging that the company misused legal privilege in an attempt to avoid scrutiny. This comes after a court review revealed that almost none of the documents that Amazon had withheld were found […]
SEC official says crypto ETF process was mishandled
Missed Opportunities: SEC Official Criticizes Mishandling of Crypto ETF Approval Process SEC Commissioner Hester Peirce recently voiced her concerns over the mishandling of the approval process for Bitcoin exchange-traded funds (ETFs). Peirce, known for her support of innovation in the financial sector, criticized the Securities and Exchange Commission for the prolonged delays in greenlighting crypto […]
US Senate blocks stablecoin regulation bill
US Senate Blocks Stablecoin Regulation Bill The recent setback in the US Senate regarding the GENIUS Act has left many in the fintech industry disappointed. The bill, which aimed to introduce much-needed regulations for stablecoins, failed to advance with 48 votes against it, showcasing the challenges of navigating legislative processes in the ever-changing landscape of […]
South Korea’s ruling party targets crypto deregulation in its new agenda
South Korea’s Ruling Party Targets Crypto Deregulation in Its New Agenda South Korea’s political landscape is gearing up for a significant shift in its approach to digital assets. The ruling party, the People Power Party (PPP), has set its sights on crypto deregulation as a key component of its new agenda. This move signals a […]
SEC hears proposal on tokenised securities from Ondo Finance
Tokenised Securities: Ondo Finance Proposal Under Review by SEC The world of finance is constantly evolving, with new technologies and innovations reshaping the way we think about investments and assets. One such innovation that has been making waves in recent years is tokenised securities. These digital assets represent ownership in real-world assets such as stocks, […]
ING eyes Euro stablecoin as MiCA opens door for banks
ING Explores Euro Stablecoin Opportunity as MiCA Regulation Allows Banks to Issue Digital Currencies The world of banking is on the brink of a major transformation as the European Union’s Markets in Crypto-Assets (MiCA) regulation opens up new possibilities for financial institutions. Among the frontrunners in exploring these opportunities is ING, one of the largest […]
Slovenia’s crypto-friendly status faces test with new tax proposal
Slovenia’s Crypto-Friendly Status Faces Test with New Tax Proposal Slovenia has long been hailed as a haven for cryptocurrency enthusiasts, with its progressive stance on digital assets attracting a growing number of investors and blockchain startups to the small European nation. However, the country’s crypto-friendly status is now facing a critical test as the government […]
Russia plans to add cryptocurrency terms to the criminal code
Russia Plans to Add Cryptocurrency Terms to the Criminal Code Russia is gearing up to make significant changes to its legal framework by adding cryptocurrency terms to the criminal code. This move comes as the country aims to regulate the burgeoning crypto market and address the challenges posed by digital currencies. Legal experts have suggested […]