In a recent joint press conference in Washington, DC, David Sacks—President Trump’s newly appointed crypto czar—detailed a broad pro-crypto agenda for the new administration. Sacks revealed that assessing the feasibility of including bitcoin as a reserve asset in a proposed U.S. sovereign wealth fund is among

Hong Kong's Securities and Futures Commission (SFC) is planning to significantly expand its team dedicated to cryptocurrency regulation, reflecting the region's ongoing efforts to establish itself as a major crypto hub. The proposed increase in staffing comes as part of the SFC's budget plan

President Donald Trump took a decisive step toward reshaping America’s economic strategy by signing an executive action on Monday that directs officials to create a sovereign wealth fund for the United States. Speaking from the Oval Office, Trump expressed his optimism: “We have tremendous potential.” The new directive places

The U.S. Commodity Futures Trading Commission (CFTC) is taking a closer look at Super Bowl-related betting contracts offered by Crypto.com and Kalshi Inc., two prominent players in the digital asset space. The regulator is examining whether these "event contracts," which allow traders to wager on the

Russia is tightening its grip on the cryptocurrency mining industry with plans to create a mandatory registry for all mining equipment. This move, announced by the Ministry of Energy, aims to enhance oversight of domestic mining activities and comes alongside the introduction of a new tax reporting system for crypto

The U.S. Federal Reserve announced on Thursday that it is maintaining its benchmark federal funds rate within the range of 4.25% to 4.50%, marking the first pause in rate adjustments since September of last year. This decision comes as the central bank acknowledges that while the unemployment

Cryptocurrency exchange Crypto.com has announced it will suspend certain stablecoin and staking services in Europe starting January 31, 2025, due to the European Union's Markets in Crypto-Assets (MiCA) regulation. This move affects services related to Tether (USDT), PayPal USD, Pax Dollar, Crypto.com Staked ETH, and Crypto.

Coinbase, a leading cryptocurrency exchange, has bolstered its Global Advisory Council by adding four distinguished figures from the political and financial sectors. This strategic move underscores Coinbase’s commitment to navigating the evolving landscape of cryptocurrency regulation and policymaking. The newly appointed members include former Senator Kyrsten Sinema, Chris LaCivita—

Arizona has taken a significant step towards potentially becoming the first U.S. state to invest public funds in Bitcoin. The state's Senate Finance Committee approved a bill proposing the creation of a strategic Bitcoin reserve, signaling a growing interest in cryptocurrencies at the state government level. A

The U.S. Senate has officially confirmed Scott Bessent as the new Treasury Secretary, succeeding Janet Yellen. The confirmation vote took place on Monday, with 68 senators voting in favor of Bessent against 29 opposition votes. Appointed by President Donald Trump, Bessent is recognized for his strong advocacy of cryptocurrency

Cryptocurrency exchange KuCoin has agreed to pay nearly $300 million in fines and forfeitures after pleading guilty to operating an unlicensed money transmitting business in the United States. The plea deal, entered by one of KuCoin's operating entities, Peken Global Ltd., resolves a criminal case and follows a

The U.S. Commodity Futures Trading Commission (CFTC) is signaling a fresh approach to cryptocurrency regulation under its new Acting Chair, Caroline Pham. In a significant move, Pham has announced a series of public roundtable discussions focused on digital assets, prediction markets, and innovation in market structure, suggesting a more

U.S. Senator Elizabeth Warren and Representative Jake Auchincloss have formally expressed their concerns regarding the newly launched TRUMP and MELANIA meme coins by President Donald Trump and First Lady Melania Trump. In a letter addressed to key federal regulators—including the Securities and Exchange Commission (SEC), Commodity Futures Trading

The introduction of President Donald Trump’s memecoin, TRUMP, has ignited a heated debate within the U.S. political and cryptocurrency communities. While David Sacks, the White House’s first-ever AI and Crypto Czar, downplays concerns, members of Congress argue that the token represents a significant conflict of interest. David

The U.S. Commodity Futures Trading Commission (CFTC) is undergoing a significant leadership shakeup, signaling a potential shift in the agency's approach to cryptocurrencies. Acting Chair Caroline Pham, recently appointed by the incoming administration, has named Harry Jung as Acting Chief of Staff, tasking him with leading the

Hong Kong's Legislative Council is actively discussing a new bill aimed at regulating stablecoins, a crucial step in the region's ambitious plan to become a leading global hub for the cryptocurrency industry. The proposed legislation, which had its first reading in December, outlines licensing requirements for

In a major victory for cryptocurrency privacy advocates, a U.S. District Court has overturned a previous ruling that upheld sanctions against Tornado Cash, a crypto mixing service. The decision, which sent the platform's native token TORN soaring by 140%, hinges on the unique nature of Tornado Cash&

CLS Global, a Dubai-based cryptocurrency market maker, has agreed to plead guilty to charges related to wash trading on the decentralized exchange Uniswap. This admission follows an undercover FBI investigation that exposed the firm's manipulative practices, highlighting the ongoing challenges of policing illicit activity in the rapidly evolving

President Donald Trump has fulfilled a significant campaign promise to the crypto community by granting a full and unconditional pardon to Ross Ulbricht, the founder of the infamous Silk Road darknet marketplace. The decision marks a turning point in the controversial case that has captivated libertarians, digital rights advocates, and

Several of President Donald Trump’s potential cabinet nominees have reported significant cryptocurrency holdings in recent financial disclosures. These disclosures, required as part of the nomination process, show that some of Trump’s picks—who could soon lead key federal agencies—hold sizable stakes in Bitcoin, as well as various

In a move signaling a potential shift in U.S. crypto regulation, President Donald Trump has appointed Mark Uyeda as acting chair of the U.S. Securities and Exchange Commission (SEC) following Gary Gensler's departure. Uyeda, a Republican SEC commissioner, will lead the agency until a permanent chair

Helium, the company behind the decentralized wireless network, is facing a lawsuit from the U.S. Securities and Exchange Commission (SEC) alleging the sale of unregistered securities and misleading investors. Helium's founder, Amir Haleem, has vowed to "vigorously" defend the company, framing the lawsuit as part

A flurry of new cryptocurrency exchange-traded fund (ETF) filings has hit the desks of U.S. regulators, signaling a renewed push to expand the range of digital assets accessible to mainstream investors. Asset managers like VanEck, ProShares, and others are proposing funds that would track everything from Litecoin and XRP

Tether Holdings Ltd., the issuer of the world's largest stablecoin, USDT, is considering expanding its presence in the United States while simultaneously establishing a global headquarters in El Salvador. This ambitious move follows a year of record profits for the company, fueled by surging cryptocurrency markets and strategic

President-elect Donald Trump is set to make cryptocurrency a national priority through a groundbreaking executive order, signaling a new chapter for the digital asset industry in the United States. The order, expected to be unveiled soon, aims to elevate crypto as a strategic focus and establish direct collaboration between government