Browsing: Regulation

The shutdown of Huione Guarantee has led to the rise of at least 30 successor marketplaces, with Tudou Guarantee emerging as the primary beneficiary, according to Elliptic.

Trump Media reaffirms its commitment to a Bitcoin treasury strategy, unaffected by a new $400-million stock buyback program.

Senator Adam Schiff’s COIN Act aims to regulate public officials’ involvement in cryptocurrency, addressing ethical concerns and potential conflicts of interest.

The US Senate is set to discuss a bipartisan crypto market structure framework, following the GENIUS Act’s passage, with key industry figures testifying, as the House advances its own CLARITY Act amidst concerns over personal gains from the legislation.

OKX, a leading cryptocurrency exchange, is reportedly considering a US IPO after its recent relaunch in the country, amidst regulatory challenges in Asia.

FTX disputes a $1.53 billion claim by Three Arrows Capital’s liquidators, citing the hedge fund’s own risky trading strategies as the cause of its losses.

Michael Saylor hints at more Bitcoin buys for Strategy amidst a lawsuit over Q1 losses, showcasing the company’s unwavering commitment to cryptocurrency.

The Hacken Token (HAI) suffered a 99% drop after a security breach allowed a hacker to mint and dump $250,000 worth of tokens, highlighting ongoing security challenges in the crypto space.

The RISE Act introduces measures to protect AI developers and ensure professionals can safely use AI tools, amidst debates on its scope and protections.

Europe’s cryptocurrency market thrives under the MiCA framework, outpacing the US despite its crypto-friendly stance, with France leading in adoption and engagement.

Texas becomes the first U.S. state to officially include Bitcoin in its reserves, setting a precedent for cryptocurrency adoption at the governmental level.

A Florida investor alleges a $860K loss in a crypto trading scam involving a Denver-based school and a fake exchange, underscoring the risks in the cryptocurrency market.

Samson Mow is leading the charge for Bitcoin adoption in Europe, with France showing significant interest through investments and regulatory discussions.

Experts warn that the UK’s delay in crypto regulation is causing it to lag behind the EU and US, with significant implications for its position in global digital finance.

Blockchain investigator ZachXBT accuses Garden Finance of laundering funds from major crypto thefts, challenging its claims of decentralization.

CoinMarketCap has swiftly removed a malicious wallet verification scam, reinforcing its commitment to user security amidst ongoing investigations.

Reddit is evaluating Worldcoin’s iris-scanning orbs for user verification, sparking debates on privacy and anonymity in the digital space.

Thailand’s SEC is gathering public input on new rules for utility token issuance to enhance transparency and combat insider trading in the crypto industry.

Norway’s government is considering a temporary ban on cryptocurrency mining to address energy supply concerns, with a decision expected by autumn.

Exploring the impact of Bitcoin’s $96 billion open interest on market dynamics and the dual role of leverage in fueling rallies and increasing risks.