An Ohio state senator has introduced a second bill aimed at creating a Bitcoin reserve fund, positioning the state as a leader in cryptocurrency adoption. Senate Bill 57 (SB 57), introduced by Senator Sandra O’Brien on Jan. 28, was referred…
The US Securities and Exchange Commission (SEC) is reportedly downsizing its crypto enforcement unit of over 50 lawyers and staff. Per a New York Times report, the members are reassigned to other departments in the SEC, sources noted. The unnamed…
Coinbase on Tuesday called on US banking regulators to clarify or update their stance on banks offering crypto services and partnering with digital asset companies. The exchange aims to spur banks to partner with crypto companies, as these collaborations could…
More Seoul districts will seize and liquidate crypto from citizens who fail to pay their local taxes, as South Korea’s regions step up a nationwide crackdown. The South Korean media outlet EDaily reported that Gwanak, a district in Southern Seoul,…
Andean Medjedovic, a Canadian national, has been charged with defrauding DeFi protocols KyberSwap and Indexed Finance out of $65 million, a February 3 press release from the United States Attorney’s Office of the Eastern District of New York reveals. According…
Hardware Registry’ /> Russia’s Energy Ministry has unveiled plans to create a national registry of crypto mining rigs and other related hardware. Per the Russian media outlet RBC and a post on the ministry’s official Telegram channel, the government wants…
A representative of FTX creditors, Sunil, has confirmed that repayments for claims under $50,000 will begin at 10:00 a.m. Eastern Time on February 18, 2025. FTX Repayments: 18 Feb 2025 Funds available from 10am ETFTX Claims < $50k FTX Creditors…
Indian cryptocurrency exchange WazirX warned on Tuesday that repayments related to the $234 million hack could be delayed—potentially until 2030—depending on the outcome of its restructuring scheme. In an X post, the company outlined two possible scenarios: one if the…
President Donald Trump on Monday, signed an executive order for the creation of the nation’s sovereign wealth fund. The move has already sparked curiosity over potential Bitcoin acquisitions. The executive order directs US treasury and commerce departments to deliver a…
Crypto majors crumbled in early Monday session as financial markets reacted to President Trump’s decision to impose hefty tariffs on its key trade partners. While the risk-off mood pushed the digital assets to multi-month lows, savvy investors saw an opportunity…