Browsing: Regulation

Daniel Ianello faces allegations of an exit scam involving The Phoenix crypto project, as he seeks to dismiss a lawsuit filed by investors in Tennessee federal court.

A Belgian court sentences three to 12 years in a cryptocurrency-related kidnapping case, highlighting the risks for public figures in the crypto space.

A $20 million crypto scam victim escalates legal actions against banks for alleged negligence in monitoring fraudulent transactions linked to a fake NFT trading platform.

US Republicans have set mid-July as ‘Crypto Week’ to deliberate on three key cryptocurrency bills, marking a pivotal moment for digital asset regulation in the United States.

Ildar Ilham, founder of WhiteRock Finance, detained in UAE over $30M ZKasino scam, as reported by ZachXBT, marking a significant development in the international crypto fraud investigation.

Ondo Finance and Pantera Capital launch a $250 million fund to fuel tokenized real-world assets, signaling a competitive surge in the tokenization market.

Roman Storm, co-founder of Tornado Cash, faces a pivotal trial on July 14, with the crypto community closely watching the outcome and its implications for privacy and regulation in the space.

US Senator Cynthia Lummis drafts a standalone crypto tax bill aiming to eliminate double taxation and clarify tax obligations for digital asset transactions.

Bitstamp gains MAS approval to operate in Singapore, marking a milestone in the exchange’s APAC expansion and Singapore’s crypto regulatory landscape.

A US government watchdog report criticizes the IRS Criminal Investigation division for not adhering to protocols in crypto seizures, recommending significant improvements.

Amundi highlights potential risks the GENIUS Act poses to the US dollar’s global dominance, amidst growing stablecoin market.

Exploring the need for onchain attribution in AI to ensure fair compensation for data contributors, highlighting the proposal of Payable AI as a solution.

The IMF has rejected Pakistan’s plan to subsidize electricity for Bitcoin mining, citing concerns over market distortions, as the country continues to pursue its crypto ambitions.

Pakistan’s proposal to use surplus electricity for Bitcoin mining faces rejection from the IMF over concerns of market distortion, with the plan now under review by international partners.

Bitpanda’s Benedikt Faupel discusses the fragmented enforcement of MiCA across the EU, highlighting the need for harmonization to ensure a level playing field in the crypto market.

The REX-Osprey Solana + Staking ETF (SSK) launched with a remarkable $33 million in trading volume, outperforming previous crypto ETFs and marking a significant milestone for Solana and the crypto staking ecosystem.

Australian cryptocurrency billionaire Tim Heath narrowly escaped a kidnapping attempt in Estonia by biting off part of his assailant’s finger, highlighting the risks faced by high-net-worth individuals in the crypto space.

JD.com and Ant Group are lobbying for yuan-based stablecoins to enhance the Chinese currency’s global role and challenge the dominance of US dollar-pegged tokens.

Peter Märkl of Bitcoin Suisse critiques the EU and Swiss stablecoin regulations for their lack of clarity and issuer-unfriendly provisions, calling for reforms to support the crypto-asset market’s growth.

Tether’s USDT is closing the gap with USDC on BitPay, signaling a shift in stablecoin preferences among users and merchants by 2025.