Paraguay Strenghtens Mandatory Reporting Requirements for VASPs and Individuals
Individuals transacting cryptocurrency on offshore platforms or independently must now report their movements when the amount of crypto transacted surpasses...
Business
Swissborg Secures MiCA License From France’s AMF, Expanding Regulated Crypto Services Across EU
Europe’s Markets in Crypto-Assets regulation is rapidly reshaping the region’s crypto industry, with Swissborg obtaining regulatory approval in France that...
Elon Musk removes more xAI founders during restructuring ahead of potential IPO
Elon Musk has forced out additional xAI co-founders and employees as the startup reorganizes after being acquired by his aerospace...
Ex-JP Morgan and Dresdner Kleinwort traders launch crypto prop platform
Velotrade, a Hong Kong-based firm founded by former institutional derivatives traders from JPMorgan and Dresdner Kleinwort, has unveiled its funded...
Olivier Janssens’ Nevis Project Offers Residents $100 a Month
Belgian-born crypto millionaire, Olivier Janssens, reportedly offered to pay Nevis residents $100 per month if the government approves his development...
Bank of England Comes Around on Stablecoins
The Bank of England’s (BOE) position on stablecoins is evolving to a more friendly stance, but according to the bank’s...
Prediction Markets Will Scale As Far As Resolution Infrastructure Allows
Opinion by: David Azubike, lead analyst at BlocksquarePrediction markets are no longer an experimental corner of crypto. Data now shows...
Hong Kong to Approve First Stablecoin Licenses for Banks
HSBC Holdings and a joint venture led by Standard Chartered are reportedly set to become the first authorized stablecoin issuers...
Democrats Promise to Oversee Reported DOJ Probe Into Binance
A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on...
US Sanctions Ring Enabling North Korea IT Worker Fraud
The US Treasury has sanctioned six people and two entities for their alleged roles in an IT worker fraud scheme...
SEC and CFTC Strike Historic Pact to Align US Financial and Crypto Market Rules
U.S. regulators move to tighten coordination as the SEC and CFTC launch a joint framework aimed at reducing regulatory conflicts,...
US Senate Leader doesn‘t Expect Market Structure to Pass before April
US Senator Majority Leader John Thune reportedly said he doesn’t expect the chamber to move forward with legislation to establish...
Hester Peirce Calls For Simpler Disclosure Rules, Tokenization Experiments
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said regulators should avoid micromanaging markets and consider simplifying disclosure requirements...
Senate Includes CBDC Ban Amendment in Housing Affordability Bill
The United States Senate voted on Thursday to include an amendment in the 21st Century Road to Housing Act that...
Binance Claims ‘Full and Complete Legal Victory‘ in Alabama Court
A federal court in Alabama has granted a motion to dismiss a 2024 complaint filed against Binance, its separate US...
Coinbase Execs Say They Aren’t Opposing BTC Tax Exemption
Executives at Coinbase have denied allegations that the crypto exchange is blocking a de minimis tax exemption for Bitcoin (BTC)...
CFTC Chair Opens Prediction Markets Rulemaking to Public Comment
“This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction...
Eightco Holdings shares swing after $125M funding round led by Bitmine and ARK Invest
Eightco Holdings (ORBS) shares swung sharply after the company announced a $125 million funding round led by Bitmine and ARK...
South Korea Moves to Build AI Platform to Monitor Crypto Gains
South Korea’s tax authority is preparing to deploy artificial intelligence to track cryptocurrency investment gains as the government moves closer...
Tim Draper-backed Ark Labs secures $5.2 million from Tether and investors to scale Bitcoin infrastructure
Ark Labs, a Bitcoin infrastructure startup backed by Tim Draper, has secured $5.2 million in seed funding to build a...
Offshore Crypto Exchanges Create Oversight Gaps, FATF Says
A new report from the Financial Action Task Force (FATF) warns that crypto service providers operating offshore pose risks of...
Stablecoins Are Becoming Crypto’s Largest Wasted Resource
Opinion by: Artemiy Parshakov, vice-president of Institutions at P2P.orgStablecoins sit at the center of the digital asset economy, functioning as...
