Seoul, South Korea: The South Korean cryptocurrency market witnessed a dramatic and volatile event this week as the digital asset ZK experienced a price explosion of nearly 1,000% on the major exchange Upbit. The surge, which saw ZK’s price rocket from approximately 33 Korean Won (KRW) to around 350 KRW within a mere three-hour window, […]
Washington, D.C., April 2025: In a significant escalation of regulatory scrutiny on the cryptocurrency sector, the U.S. House of Representatives has launched a formal congressional probe into World Liberty Financial, a digital asset venture with reported ties to former President Donald Trump. The investigation, spearheaded by House Democrats, centers on profound national security and financial […]
New York, May 2025: A significant controversy has erupted in the cryptocurrency sector following revelations that Jeremy Allaire, the co-founder and CEO of Circle, the company behind the USDC stablecoin, publicly promoted the PURCH token. This endorsement, highlighted by prominent on-chain investigator ZachXBT, preceded a staggering 93% collapse in the token’s market value, raising serious […]
Washington D.C., May 2025: A critical impasse over the landmark CLARITY Act shows signs of potential movement. Cryptocurrency firms are now advancing new, detailed compromises on stablecoin regulation in a concerted effort to break the legislative deadlock that has stalled the comprehensive market structure bill. This development comes as key banking committees and lawmakers resume […]
San Francisco, April 2025: TRM Labs, a leading provider of blockchain intelligence and cryptocurrency compliance solutions, has officially reached a $1 billion valuation. This pivotal milestone follows the successful closure of a $70 million Series C funding round. The massive capital infusion underscores a critical and growing global demand for sophisticated tools to combat illicit […]
New York, April 2025: A proposed federal law designed to bring regulatory clarity to stablecoins is facing intense scrutiny and backlash from state law enforcement. The stablecoin law, formally known as the Generative Economic Nexus for Internet Usability and Stability (GENIUS) Act, is under fire for what the New York Attorney General’s office describes as […]
Hong Kong, February 2025: The Hong Kong Monetary Authority (HKMA) is poised to issue the city’s first stablecoin issuer licences in March, marking a pivotal regulatory milestone for the digital asset industry. HKMA Chief Executive Eddie Yue confirmed the imminent licensing phase, noting that regulators anticipate granting only a limited number of approvals as they […]
Luxembourg, October 26, 2023: In a significant regulatory milestone, Ripple has obtained a full Electronic Money Institution (EMI) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This definitive approval, first reported by The Block, transforms Ripple’s operational capacity within the European Union. The license grants the blockchain payments firm the authority to offer […]
Hong Kong, February 2025: The Hong Kong Monetary Authority (HKMA) has confirmed a significant milestone in its journey to become a regulated hub for digital assets. Thirty-six financial institutions have formally applied for stablecoin licenses, responding to the new regulatory framework established last year. This substantial interest underscores the financial sector’s commitment to operating within […]
Seoul, South Korea – February 2, 2025: In a landmark move for financial market integrity, South Korea’s Financial Supervisory Service (FSS) has fundamentally transformed its approach to monitoring the volatile cryptocurrency sector. The regulator announced the deployment of VISTA, its proprietary trading analysis platform, now supercharged with a sophisticated artificial intelligence algorithm designed to autonomously […]
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