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Oklahoma bill aims to integrate Bitcoin into everyday transactions. Oklahoma State Senator Dusty Deevers has filed the “Bitcoin (BTC) Freedom Act” (SB325), which might signal a key step toward incorporating cryptocurrencies into conventional financial systems in the state. According to…
BTC
Bitcoin
State Duma lawmaker Adam Delimkhanov says crypto miners in Chechnya will be equated with terrorists, following the ban on cryptocurrency mining in several regions in Russia starting in January 2025. According to Russian news outlet Tsargrad TV, Delimkhanov stated that…
BTC
Bitcoin
Lawmakers, industry leaders, and blockchain innovators gathered this week to discuss the future of crypto policies and their impact on national security. The Blockchain Association hosted its third annual Policy Summit in Washington, D.C., on December 16-17, 2024. With key…
President-elect Trump met with crypto industry leader Kris Marszalek to prepare an order for a BTC reserve in a bid to strengthen the U.S. financial landscape.
BTC
Bitcoin
A proposed legislation in Ohio seeks to incorporate Bitcoin into its financial plan. Derek Merrin, the Leader of the Ohio House Republicans, introduced the bill.Â
BTC
Bitcoin
On December 13, Mohammed Azharuddin Chhipa residing in Springfield, was convicted by a federal jury on multiple counts associated with the Islamic State of Iraq and al-Sham, a foreign terrorist organization.
Nigerian authorities have fined two crypto firms $30,000 for conducting USDT to naira transactions without a license. According to local Nigerian media outlet Nairametrics, the Federal High Court in Abuja convicted two crypto companies, Egomsinachi Road Autos Limited and Chimera…
USDT
Tether
The Cyprus Securities and Exchange Commission has extended its suspension on FTX Europe’s investment firm license, banning the crypto exchange from offering services or accepting any new clients. In a notice published on Nov. 5, Cyprus regulators announced that they…
Former FTX executive, Nishad Singh, avoids prison time after being sentenced the Manhattan federal judge. Singh is sentenced to three years of supervised release for his role in FTX’s collapse. According to NBC News’ report, Singh was spared from spending…
Co-founder of Satoshi Action Fund, Dennis Porter, claims a Democratic lawmaker is planning to introduce a legislation that would protect the rights of Bitcoin holders in a Democratic trifecta state, known as the Bitcoin Rights Bill. According to a post…
BTC
Bitcoin
The Federal Reserve Bank of Minneapolis recently released a working paper that suggested governments should ban or tax Bitcoin in order to maintain primary deficits. In a working paper recently published by the Minneapolis Feds on Oct. 17, governments are…
BTC
Bitcoin
Ireland will draft urgent cryptocurrency regulations before the European Union Anti-Money Laundering and terror financing standards come into effect on Dec. 30. According to the Irish Examiner on Oct. 16, Ireland’s Finance Minister, Jack Chambers told the Cabinet that he…
The U.S. Securities and Exchange Commission has filed charges against Cumberland DRW LLC for operating as an unregistered dealer. The SEC alleges that Cumberland, a Chicago-based crypto market maker, bought and sold over $2 billion in crypto assets, including those…
The Dubai Court of First Instance has set a new precedent by recognizing cryptocurrency as a valid form of salary payment under employment contracts. According to a report appearing on Lexology, the Dubai court made the landmark decision in a…
Jian Wen, a 42-year-old British-Chinese woman, has been handed a sentence of six years and eight months in prison for her involvement in a 61,000 Bitcoins (BTC) money laundering scheme valued at around $4 billion.
BTC
Bitcoin
Lawyer Bill Morgan is joining CryptoLaw founder John Deaton and Ripple's chief legal officer Stuart Alderoty in criticizing the SEC over crypto-related cases.