News with the tag "Regulators"

A bipartisan piece of legislation aimed at combating illegal blockchain activities has been reintroduced to the U.S. House of Representatives. According to a new press release , Republican Representative Zach Nunn of Iowa and Democrat Representative Jim Himes of Connecticut have together reintroduce...

The U.S. Department of Justice says the financial scheme of a terrorist organization was disrupted after authorities confiscated a substantial amount of the group’s crypto funds. In a statement , the DOJ announces the seizure of $201,400 in USDT held in wallets and accounts set up to support the act...

The Treasury Department’s Office of Foreign Asset Control (OFAC) is removing Tornado Cash from its Specially Designated Nationals (SDN) blacklist. According to a new announcement from the Treasury Department, OFAC is removing economic sanctions against the crypto protocol. Tornado Cash is a “crypto ...

US President Donald Trump is optimistic that dollar-backed stablecoins will help maintain the US dollar as the leading currency in the world. In a pre-recorded video for the participants of the Blockworks Digital Asset Summit in New York, Trump said he encourages the creation of a legal framework fo...

A Russian national who was charged for his role in a crypto market manipulation scheme will give up his access to millions worth of assets after striking a plea deal with US prosecutors. In November, the U.S. Justice Department filed charges against the crypto market maker Gotbit’s CEO and founder A...

VanEck chief executive Jan van Eck is outlining what he thinks will be the biggest milestone for the crypto sector in 2025. While speaking with Anthony Pompliano at Bitcoin Investor Week, Van Eck argues that stablecoins are the most interesting part of the digital asset world. The CEO praises the st...

Ripple CEO Brad Garlinghouse says the firm’s dollar-pegged crypto asset will become a top stablecoin by the end of the year after the U.S. Securities and Exchange Commission (SEC) dropped its lawsuit against the payments platform. In a new interview, Garlinghouse says that RLUSD – which launched in ...

Bitwise chief investment officer (CIO) Matt Hougan says the crypto markets are undervaluing the US government’s policy shift on digital assets. In a new interview with Natalie Brunell, Hougan says that the buying opportunity in crypto is now one of the best ever as the regulatory landscape has drama...

Top on-chain analyst ZachXBT says that crypto will most likely fall into the hands of strict government regulations if it can’t figure out how to prevent hacks. In a new post in his Telegram channel, the blockchain detective says his most recent work with the Bybit hack has given him some clarity on...

South Korea’s central bank reportedly has no plans to include Bitcoin ( BTC ) in its foreign exchange reserves. The Bank of Korea said “a cautious approach is needed” when it comes to Bitcoin, citing the top crypto asset’s price volatility, per a new report from The Korea Herald, a South Korean news...