News
Senators Propose Legislation to Protect Blockchain Developers
A new bill seeks to ensure that developers maintaining blockchain networks are not classified as money transmitters, fostering innovation in the crypto space.
Weekly Summary
Weekly Crypto and AI Digest: Market Movements and Innovations
This week saw significant movements in the cryptocurrency markets as Bitcoin's price fluctuates amidst critical options expirations, while innovations arise in AI and blockchain technologies.
Crypto
WazirX Resumes Operations After Year-Long Shutdown Amid UK Regulatory Actions
Indian exchange WazirX reopens after resolving its year-long hiatus following a substantial hack, while UK regulators intensify scrutiny on crypto exchanges.
Crypto
South Korea Intensifies Crackdown on Crypto Assets Held in Cold Wallets
South Korea's National Tax Service is expanding measures against tax evasion by targeting cryptocurrency cold wallets.
Crypto
New Draft Bill for Crypto Regulation Circulated in U.S. Senate
The Senate Banking Committee has circulated a new draft of the cryptocurrency market structure bill, enhancing protections for developers and establishing bankruptcy guidelines.
Weekly Summary
Crypto Weekly Digest: Regulatory Developments and Market Fluctuations
This week saw significant regulatory updates and fluctuations within the cryptocurrency market, highlighting evolving dynamics as investor sentiment shifts. Key discussions around Bitcoin, Ethereum, and ongoing SEC actions were particularly noteworthy.
Crypto News
White House Releases Comprehensive Crypto Regulation Blueprint
The White House has unveiled a detailed roadmap for crypto policy that aims to streamline regulation and promote innovation within the industry.
Africa Crypto News
Africa Crypto News Update: Sui Foundation Establishes Hub in Nigeria, MoneyBadger Gains $400,000 as Kenya Explores Crypto Regulation
This week in African cryptocurrency news involves Kenya contemplating regulatory measures while the Sui Foundation opens a new hub in Nigeria, enhancing support for local developers. MoneyBadger has successfully raised substantial funding to further Bitcoin payments in South Africa.
Legal
Trial for Tornado Cash Developer Roman Storm Begins with Jury Selection
A jury has been selected for the trial of Roman Storm, a developer of Tornado Cash, with opening arguments expected soon.
Crypto News
Trial of Tornado Cash Developer Roman Storm Begins Amid Legal and Industry Ramifications
The trial of Tornado Cash developer Roman Storm kicks off in Manhattan, raising questions about the future of crypto regulations and privacy in the industry.
Weekly Summary
Weekly Crypto Market Overview Amid Rising Geopolitical Tensions
This week, significant events regarding geopolitical tensions and regulatory movements have influenced the cryptocurrency market, causing volatility and shifts in price dynamics across major assets.
Crypto
Will Tether Sustain Its Edge Amid U.S. Stablecoin Regulations?
The U.S. Senate is nearing a decision on the GENIUS Act, which may reshape regulations for Tether and other stablecoin issuers.
Crypto
Stablecoins Set to Transform into the 'Internet's Money Network' Following LEGAL Reforms: Insights from Bernstein
Bernstein anticipates the imminent passage of the GENIUS Act, which will likely usher in a new era for stablecoins, positioning them as integral to internet transactions.
Legal
Rapid Approval of Crypto Licenses Sparks Controversy in the EU
The EU's new crypto regulations have triggered a race for licenses among major exchanges, raising concerns among regulators about compliance and oversight.
Crypto
SEC Roundtable Promotes DeFi Crypto Coins and AAVE Ahead of CPI News: Expectations and Implications
The SEC shows a surprising openness towards decentralized finance (DeFi) cryptocurrencies during its latest roundtable, significantly impacting the market.
Crypto
South Korea’s President Proposes Legal Framework for Stablecoins
Lee Jae-myung, South Korea's newly elected President, has introduced a bill to allow local companies to issue stablecoins, marking a significant step in the country's crypto regulation.
Finance
New Vice Chairman for Supervision at the Federal Reserve to Address Crypto Regulation
Michelle Bowman steps into the role to shape the future of crypto and banking regulation amid ongoing debates over stablecoin oversight.
Crypto
A Transformative Era at the SEC: Paul Atkins Advocates for Clear Crypto Regulations
Paul Atkins, chair of the SEC, emphasizes a new era of transparency and rational regulations for crypto asset markets during his testimony.
Crypto
David Sacks Predicts GENIUS Act Could Unlock Trillions for US Treasury
Crypto expert David Sacks emphasizes the potential economic benefits of the GENIUS Act, linking it to vast increases in demand for U.S. Treasuries.
Finance
Supreme Court Questions India's Lack of Clear Crypto Policy
India's Supreme Court raises concerns about the government's failure to establish a definitive cryptocurrency regulation policy.
