A legislative effort to formally establish a strategic reserve of Bitcoin within the United States is slated for reintroduction in the coming weeks. Representative Nick Begich, a proponent of the bill, indicated this plan during a panel discussion at the…
Senator Thom Tillis has emerged as a significant obstacle to the proposed cryptocurrency legislation, commonly referred to as the Clarity Act. His opposition stems from a demand for the inclusion of specific ethics provisions designed to address potential conflicts of…
French judicial authorities have brought charges against 88 individuals, including 10 minors, in connection with a series of organized criminal activities involving cryptocurrency wrench attacks. These charges stem from 12 separate judicial inquiries coordinated by the National Public Prosecutor’s Office…
A 22-year-old individual has received a 70-month federal prison sentence for his involvement in laundering substantial sums of cryptocurrency on behalf of a sophisticated theft syndicate. The sentencing, which also includes three years of supervised release, underscores the escalating legal…
A significant legal conflict has intensified between state regulators and the Commodity Futures Trading Commission (CFTC) concerning the oversight of prediction markets. This comes as New York Attorney General Letitia James joined 37 other state attorneys general in a brief…
Brazil has implemented a comprehensive prohibition on prediction markets and online betting platforms, a move aimed at enhancing investor protection and market integrity. The Brazilian Central Bank’s resolution specifically targets derivative contracts whose underlying assets are linked to events such…
The United States Department of the Treasury has announced sanctions against multiple cryptocurrency wallets linked to Iran. This action is part of a broader strategy to intensify economic pressure on the Iranian regime. The announcement follows closely on the heels…
Tennessee has enacted a statewide ban on cryptocurrency ATMs, classifying their operation and hosting as a misdemeanor. This legislative move, signed into law by Governor Bill Lee, prohibits the installation or use of virtual currency kiosks, commonly known as Bitcoin…
The U.S. Department of Justice has concluded its criminal investigation into Federal Reserve Chair Jerome Powell. This development removes a significant hurdle for the Senate’s confirmation of Kevin Warsh, who is slated to take over as the incoming central bank…
The DeFi Education Fund, alongside 35 other prominent figures in the cryptocurrency industry, is formally requesting that the Securities and Exchange Commission (SEC) convert its recent guidance on decentralized finance (DeFi) interfaces into established rulemaking. This follows an earlier statement…