US securities regulators have charged the founder and chief executive of bitcoin mining firm VBit with orchestrating a large scale fraud that allegedly misappropriated nearly $48.5 million from investors. According to the complaint, Danh C. Vo raised more than $95 million from thousands of retail investors by promoting bitcoin mining as a simple and passive […]
Do Kwon returned to the spotlight as he prepared to receive his U.S. federal sentence for fraud and conspiracy tied to the multibillion dollar collapse of TerraUSD and Luna, a failure that reshaped digital asset regulation and sparked one of the sharpest market cascades in crypto history. The thirty four year old entrepreneur previously pleaded […]
Banks in the United States have officially been cleared to act as intermediaries in crypto transactions, signaling a new direction in how traditional finance plugs into digital markets. Fresh guidance from the Office of the Comptroller of the Currency says banks can facilitate crypto trades through riskless principal transactions, a model where they match buyers […]
Spot crypto trading is set to enter a new chapter as the U.S. Commodity Futures Trading Commission confirms that spot digital asset contracts will begin trading directly on CFTC-registered futures exchanges for the first time. The development marks one of the most significant regulatory milestones of the year, signaling a structural shift that pulls crypto […]
The European Commission has unveiled a sweeping plan aimed at boosting the bloc’s competitiveness by fixing long standing gaps inside its capital markets and steering more of Europe’s massive private savings into real economic activity. The proposal focuses on easing cross border financial operations and giving broader authority to the European Securities and Markets Authority, […]
Turkmenistan has delivered an unexpected signal to the global digital asset market after approving a sweeping law that formally legalizes and regulates cryptocurrency mining, exchange operations and the broader use of virtual assets across the country. The legislation, signed by President Serdar Berdymukhamedov, takes effect on January 1 and marks one of the most dramatic […]
A major coalition of cryptocurrency organizations is urging the administration to fast track long delayed tax and regulatory guidance, arguing that the lack of clear federal rules is now one of the biggest risks to digital asset growth in the United States. More than sixty five industry groups have signed a new request calling for […]
The United States is pursuing one of its most aggressive digital currency strategies in decades, betting that widespread adoption of dollar backed stablecoins could strengthen American monetary power and create trillions in new demand for U.S. Treasuries. Senior officials have argued that the expansion of dollar stablecoins could supercharge capital inflows, elevate the global reach […]
The U.S. Securities and Exchange Commission is preparing to define a formal classification system for digital assets, marking a major step toward bringing legal certainty to the cryptocurrency industry. SEC Chair Paul Atkins said the agency plans to propose a “token taxonomy” within months to establish clearer boundaries between securities and commodities. The initiative aims […]
Circle delivered stronger-than-expected third-quarter results, signaling the growing influence of stablecoins in mainstream finance. The issuer of the USDC token reported adjusted earnings of 36 cents per share, beating analyst expectations of 22 cents, while total revenue soared 66 percent to $739.8 million. The company said profit growth was fueled by higher reserve income generated […]
