Dubai’s financial regulator has banned privacy tokens across the DIFC from Jan. 12. Stablecoins must now be fiat-pegged and backed by high-quality, liquid assets. Algorithmic stablecoins like Ethena are excluded from the stablecoin category. Dubai’s […]
Federal Reserve Chair Jerome Powell says his refusal to drop interest rates led to Donald Trump opening a criminal investigation over renovations to the central bank’s headquarters. Federal Reserve chair Jerome Powell has blasted the […]
RWA projects are treated as illegal fundraising, securities, or futures activities under existing law. Hong Kong-linked and offshore structures with mainland staff are explicitly targeted. Liability extends to the full Web3 service chain, not just […]
Colombia’s tax authority, DIAN, has introduced a mandatory reporting regime for crypto service providers, requiring exchanges and intermediaries to collect and submit user and transaction data as part of its oversight of the digital asset […]
Wyoming has launched FRNT, the first stablecoin issued and backed by a US state government. The dollar-pegged token is fully backed by cash and Treasuries and managed by Franklin Templeton. Interest from reserves is directed […]
The bank lobby’s requested changes to the stablecoin-regulating GENIUS Act could undermine competition and weaken the US dollar’s global position, crypto executives and industry groups have claimed. Crypto advocacy group the Blockchain Association said on […]
The proposal would let regulators suspend transactions before gains are laundered or moved. Authorities want to extend stock market-style enforcement tools to crypto trading. Recent actions by tax and financial regulators show tighter alignment with […]
Two major cryptocurrency exchanges have contributed more than $21 million to a political action committee (PAC) supporting US President Donald Trump. In a Friday filing with the Federal Election Commission, the MAGA Inc. Super PAC […]
Crypto billionaires are threatening to leave the state of California after a prominent trade union proposed a 5% assets tax on residents worth more than $1 billion. The Service Employees International Union-United Healthcare Workers West […]
Ilya Lichtenstein, the hacker behind one of the largest Bitcoin thefts on record, has been released from prison just over a year after receiving a five-year sentence, thanks to a criminal justice reform law signed […]
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