In a groundbreaking move, the cryptocurrency market witnessed a massive surge in stablecoin adoption, adding $4 billion to reach a staggering $250 billion market cap. This Bitcoin news today highlights how the U.S. GENIUS Act is reshaping the crypto landscape while Bitcoin exchange reserves hit historic lows. What does this mean for investors? Stablecoins Surge […]
In a surprising turn of events, the U.S. Department of Justice (DOJ) has dropped its investigation into Dragonfly Capital regarding its investment in Tornado Cash. This development marks a significant moment in crypto regulation. Here’s what you need to know. Why Did the DOJ Drop the Tornado Cash Investigation? The DOJ confirmed it won’t pursue […]
The White House has unveiled a groundbreaking crypto reporting framework aimed at tightening oversight of digital assets and combating offshore tax evasion. This bold move could reshape the future of cryptocurrency regulation in the U.S. Here’s what you need to know. What Does the Crypto Reporting Framework Propose? The new policy focuses on three key […]
July is shaping up to be a pivotal month for cryptocurrency regulation in the U.S. With the GENIUS Act on the verge of becoming law, the crypto industry is bracing for significant changes. Here’s what you need to know. What is the GENIUS Act? The GENIUS Act introduces strict rules for stablecoin issuers, aiming to […]
In a bold move that could reshape South Korea’s financial landscape, lawmaker Min Byeong-dug has proposed groundbreaking legislation to allow crypto as underlying assets in ETFs. This revolutionary bill could open floodgates for Bitcoin ETFs and other digital asset investment vehicles in Asia’s fourth largest economy. What Does the South Korean Crypto ETF Bill Propose? […]
The U.S. crypto report has unveiled a groundbreaking dual regulatory framework for digital assets, aiming to balance innovation and investor protection. This pivotal move could reshape the future of cryptocurrency regulation in the United States. What Does the U.S. Crypto Report Propose? The report, issued by the President’s Working Group on Digital Assets, outlines a […]
A significant development has emerged from China, impacting the global cryptocurrency landscape. Specifically, Chinese authorities have directed brokers to cease all forms of stablecoin promotion targeting domestic users. This decisive action underscores China’s unwavering commitment to its strict anti-crypto stance. Furthermore, it aims to cool growing enthusiasm for digital assets China, reinforcing the nation’s 2021 […]
The digital asset landscape in Hong Kong recently witnessed a significant development. **Animoca Brands**, a prominent Web3 company, has joined forces with Standard Chartered Bank Hong Kong (SCBHK) and telecom giant HKT. Together, they formed a new joint venture, Anchorpoint Financial. This strategic alliance aims to develop a regulated stablecoin business, marking a crucial step […]
In a bold move that could reshape the crypto investment landscape, two major U.S. exchanges—Cboe BZX and NYSE Arca—are pushing the SEC for faster Bitcoin ETF approvals. This proposed rule change could eliminate lengthy case-by-case reviews, opening the floodgates for crypto investment products. Here’s what you need to know. Why This Bitcoin ETF Rule Change […]
The crypto world holds its breath as the Tornado Cash trial nears its verdict, a case that could redefine the legal landscape for decentralized finance (DeFi) and privacy tools. With co-founder Roman Storm facing severe charges, the outcome may set a precedent affecting developers and users alike. Here’s what you need to know. What Is […]
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