BITPRISMIA
The US Treasury Department's OFAC has imposed sanctions on crypto wallets linked to Russia-based Garantex and the A7A5 stablecoin, targeting networks aiding Russia in evading financial sanctions.
President Donald Trump's tenure saw a relaxation in regulatory pressure on the crypto and tech industries, with Web3 and crypto firms benefiting the most, amid significant campaign contributions from these sectors.
Google has updated its Play Store policies to require cryptocurrency wallet developers to comply with AML/KYC regulations in the U.S. and MiCA regulations in the EU, impacting non-custodial wallets.
Terraform Labs co-founder Do Kwon is set to admit to two charges in the U.S. following the collapse of TerraUSD and Luna, which caused significant financial losses and eroded trust in the cryptocurrency market.
A new executive order will allow retirement funds to invest in cryptocurrencies, influencing BTC's price, while the NYDFS concluded a case against Paxos with a $26.5 million penalty.
Tornado Cash developer Roman Storm faces legal verdicts for violating North Korean sanctions and money laundering allegations, impacting the value of TORN Coin.
Binance founder Changpeng Zhao has requested the dismissal of a $1.76 billion lawsuit filed by the FTX bankruptcy estate, arguing he is not subject to the jurisdiction of the Delaware court due to his residence in the UAE.
The Osaka Exchange is focusing on crypto-based futures and options to align Japan's financial markets with the liquidity and stability that derivatives can provide, aiming to prevent Japan from lagging in the crypto industry.
SEC Commissioner Hester Peirce is conducting a listening tour to engage with crypto stakeholders, aiming to foster innovation and direct engagement in the cryptocurrency sector.
CBOE has proposed a rule change to the SEC to streamline and standardize the approval process for crypto ETFs, aiming to accelerate market entry and enhance accessibility.