Hong Kong Representative Explores Adding Bitcoin to National Reserve Under ‘One Country, Two Systems’ Framework
A lawmaker in Hong Kong is reportedly proposing adding Bitcoin (BTC) to the region’s reserves for the purpose of financial...
Regulations
FCA struggles with crypto ads as UK looks to encourage crypto compliance
The United Kingdom faces mounting challenges in regulating crypto advertising as the Financial Conduct Authority (FCA) grapples with widespread violations,...
Former CEO of Crypto Exchange Bithumb Sentenced to Two Years in Prison: Report
Former Bithumb CEO Lee Sang-jun has reportedly been sentenced to prison after being found guilty of receiving cash and gifts...
Tether boosts Bitcoin reserves amid EU MiCA’s regulatory tension
USDT stablecoin issuer Tether has expanded its Bitcoin holdings by acquiring 7,629 BTC valued at roughly $705 million, according to...
Blockchain Association Files Suit To Challenge IRS and Treasury Department’s DeFi Broker ‘Midnight’ Rulemaking
A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance (DeFi) brokers....
US Government’s Motivations for BTC Standard Likely Differ From Bitcoiners, Warns CryptoQuant CEO
The chief executive of market intelligence platform CryptoQuant is warning investors that the US government’s motivations for creating a Bitcoin...
MoonPay approved under MiCA to operate in the EU
MoonPay, a crypto payment solutions provider, has officially received approval to operate under the European Union’s Markets in Crypto-Assets (MiCA)...
A16z is suing IRS over new DeFi rules
Andreessen Horowitz’s blockchain arm, A16z Crypto, has criticized the US Internal Revenue Service (IRS) and the Treasury Department over their...
Bybit shut down in Malaysia over unlicensed operations
Malaysia’s Securities Commission (SC) has directed crypto exchange Bybit and its CEO Ben Zhou to cease all operations within the...
Singapore’s Central Bank Sees Good Potential for Stablecoins To Become Widely Used Payment Instrument
The Monetary Authority of Singapore (MAS) says that stablecoins have the potential to become a widely adopted means of payment....
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