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United States President Donald Trump has vowed to continue military operations as the country’s Middle East war with Iran enters the third week of intensified hostilities. “We are going to hit them extremely hard over the next two to three…
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Alabama has become the second state in the United States to grant legal status to decentralized autonomous organizations under the Decentralized Unincorporated Nonprofit Association Act. The DUNA Act, introduced in February by Republican Senator Lance Bell, provides legal recognition and…
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The U.S. Treasury has proposed its first set of rules to implement the GENIUS Act and has opened a 60-day public comment period to define how stablecoin oversight can be handled at the state level. Under the proposal, issuers with…
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Cryptocurrency exchange KuCoin’s parent company has agreed to pay a $500,000 civil penalty in a settlement that claimed it operated an unregistered offshore commodities exchange. The Commodity Futures Trading Commission said in a Monday announcement that KuCoin’s parent company, Peken…
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Republican senators Bill Cassidy and Cynthia Lummis have introduced a new bill that seeks to bring Bitcoin mining manufacturing back to the U.S. and support the establishment of a Strategic Bitcoin Reserve. On Monday, the two senators introduced the “Mined…
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The US Department of Labor has advanced a proposal that could allow cryptocurrencies and other alternative assets to be included in 401(k) retirement plans, bringing digital assets closer to mainstream retirement investing. The proposal, published in the Federal Register under…
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Britain’s company register has moved to dissolve cryptocurrency exchange Zedxion, accused of processing funds for Iran’s Islamic Revolutionary Guard Corps. According to a notice published on its website, Britain’s company register, Companies House said Zedxion has been shut down due…
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Whale activity around the Official Trump (TRUMP) token, which is tied to United States President Donald Trump, has hit a five-month high according to on-chain data. According to Santiment, there are now 83 wallets that hold more than 1 million…
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This week banks and crypto lobbyists may reach a compromise on stablecoin yield payments, according to U.S. Senator Tim Scott. Currently, the Senate’s crypto market structure bill progress remains stalled. Speaking at a crypto lobby event in Washington, Scott, who…
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The US Securities and Exchange Commission and the Commodity Futures Trading Commission have issued a joint interpretation outlining how crypto assets are treated under federal securities laws. Most notably, the statement emphasised that most crypto assets are not themselves securities.…
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US Securities and Exchange Commission Chair Paul Atkins has proposed a “safe harbor” framework aimed at easing regulatory pressure on crypto firms while keeping them within the federal oversight structure. Speaking at the DC Blockchain Summit in Washington, Atkins said,…
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The U.S. Securities and Exchange Commission has dropped a multi-year case against Nader Al‑Naji, who had been accused of misleading investors and violating federal securities laws tied to the launch of the BitClout platform. A joint stipulation of dismissal filed…
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The U.S. Department of the Treasury has imposed sanctions on a network accused of helping North Korea generate illicit revenue through overseas information technology workers and cryptocurrency transactions. U.S. blacklists facilitators of DPRK scheme that used crypto to move illicit…
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Three Democratic senators have said they will oversee the Justice Department’s investigation into crypto exchange Binance over possible violations of U.S. sanctions tied to Iran-linked transactions. In a joint statement released Thursday, Senators Elizabeth Warren, Chris Van Hollen, and Ruben…
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Artificial intelligence developer Anthropic has filed a lawsuit against multiple U.S. government agencies, accusing the federal government of unlawfully blacklisting its technology after the company refused to allow certain military uses of its AI systems. The complaint, filed in the…
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A banking lobby group in the United States is considering legal action against the Office of the Comptroller of the Currency over the agency granting national trust bank charters to crypto firms. An unnamed source familiar with “the lobby’s thinking”…
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