This week, a Freedom of Information Act request shed some light on the US Treasury's investigation into cryptocurrency transactions linked to Hamas. The Wall Street Journal reported that Treasury officials sent Congress a report outlining their probe into $165 million in crypto transactions ...
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READ MORE +Ripple's USD stablecoin (RLUSD) is almost ready to launch. While details are still under wraps, the launch is anticipated to happen within weeks, not months. The stablecoin aims to fill the void left by Circle USDC's depegging from the US dollar. Bitget Research Chief Analyst Ryan Lee has ...
READ MORE +Binance CEO Richard Teng has confirmed that former CEO Changpeng Zhao (CZ) has been barred from managing or operating the exchange, despite retaining a majority stake in the company. Teng stated in an interview that CZ's ban is permanent, not just for three years as previously reported by some ...
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READ MORE +The crypto market is buzzing with speculation about the upcoming US presidential election. Both candidates are making moves to win over crypto voters. Trump's Crypto Push Republican candidate Donald Trump has been actively courting crypto supporters, touting his plans to make America the ...
READ MORE +Himachal Pradesh, a state in India, has been hit by a cryptocurrency scam that has resulted in losses of around 20 billion rupees. The police have been busy, arresting 89 individuals in connection with the scam and registering 20 cases across the state. Despite the efforts, the scam has impacted ...
READ MORE +John Deaton, a lawyer known for his support of Ripple XRP, has won the Republican nomination for the Massachusetts Senate seat. He'll face current Democratic Senator Elizabeth Warren in the general election this fall. Deaton is the founder of CryptoLaw US, a firm that focuses on legal and ...
READ MORE +The Commodity Futures Trading Commission (CFTC) has fined Uniswap Labs, the company behind the popular decentralized exchange Uniswap, $175,000 for offering leveraged or margined retail commodity transactions in digital assets through its protocol. The CFTC found that Uniswap Labs' platform ...
READ MORE +Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is back in the crypto scene with a new venture. He is launching a new crypto trading platform called EllipX in September. EllipX will initially target European users but plans to expand globally. Karpeles aims to restore trust in ...
READ MORE +The U.S. Commodity Futures Trading Commission (CFTC) has slapped Uniswap Labs, the brains behind the decentralized Uniswap exchange, with a $175,000 fine. The reason? Uniswap Labs allegedly offered illegal crypto derivatives trading through leveraged tokens. **The CFTC's beef:** Uniswap's ...
READ MORE +Japan's financial regulator, the Financial Services Agency (FSA), is proposing a major overhaul of the country's tax code for 2025, with a focus on making crypto taxes more friendly. This could be a big deal for crypto investors and businesses in Japan. Crypto as a Financial Asset? The FSA ...
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