Thailand to Block Unlicensed Crypto Exchanges Thailand is taking a firm stance against unlicensed cryptocurrency exchanges through new anti-cybercrime laws that empower authorities to swiftly shut down illegal digital asset platforms targeting local users. This move marks a significant step in the country’s efforts to regulate the rapidly growing cryptocurrency market and protect investors from […]
India increases scrutiny of crypto in border regions
India Strengthens Oversight of Crypto in Border Regions to Combat Financial Abuse In a bid to tackle financial abuse in its border regions, India has ramped up its scrutiny of cryptocurrency transactions. The move comes as authorities are increasingly concerned about the potential misuse of digital assets to bypass formal financial channels and engage in […]
German watchdog demands Meta stop AI training with EU user data
German Watchdog Demands Meta to Obtain Consent for AI Training with EU User Data The realm of data privacy and ethics in artificial intelligence (AI) is once again under scrutiny, with a recent demand from a German data watchdog directed at Meta, the parent company of social media giant Facebook. The watchdog insists that Meta […]
Insider trades suspected before MELANIA token launch
Insider Trading Suspected Before MELANIA Token Launch The world of cryptocurrency is no stranger to controversy, with tales of overnight millionaires and dubious dealings making headlines regularly. The recent launch of the $MELANIA token has stirred up its fair share of drama, with suspicions of insider trading running rampant in the digital space. One particular […]
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 […]
Long-dormant Bitcoin wallets awaken, moving $322M in BTC
Long-dormant Bitcoin wallets awaken, moving $322M in BTC In the ever-changing landscape of the cryptocurrency world, recent developments have caught the attention of investors and enthusiasts alike. A total of 3,421 BTC, equivalent to a staggering $322 million, linked to the infamous Silk Road marketplace, have been on the move. These funds were transferred from […]
Apple forced to ease rules on crypto apps
Apple Forced to Ease Rules on Crypto Apps In a recent turn of events, tech giant Apple found itself in hot water as a US judge ruled in favor of allowing external payment links and eliminating fees on out-of-app crypto purchases. This decision comes as a significant shift in Apple’s strict App Store policies, marking […]
SEC targets crypto executive in $198 million Ponzi case
SEC Targets Crypto Executive in $198 Million Ponzi Case The world of cryptocurrencies has been a hotbed of innovation and opportunity, but it is not without its pitfalls. Recently, the SEC set its sights on a prominent crypto executive in a staggering $198 million Ponzi case. PGI Global, a company that promised lucrative returns on […]
Russian firm urges government to regulate crypto for international trade
Russian Firm Urges Government to Regulate Crypto for International Trade The global economy is facing unprecedented challenges, with ongoing sanctions disrupting international trade flows. In the midst of this turmoil, one Russian firm, ETE Group, is advocating for the regulation of cryptocurrencies as a potential solution to streamline cross-border transactions. By harnessing the power of […]