Chief legal officer Paul Grewal said in his letter to the US Treasury Department that money laundering schemes have become increasingly sophisticated and law enforcement needs advanced technologies to counter them.
Latest News on Business

When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
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White House adviser Kevin Hassett says the US government shutdown will likely end this week, which could restart crypto regulatory progress.
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Dogecoin Foundation’s commercial arm has acquired a majority stake in US Triestina 1918 in a push for broader DOGE adoption, starting with sports.
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BitMine chairman Tom Lee said he expects Ethereum to enter a supercycle, making the current price an attractive risk vs reward purchase.
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The main goal of VCs is to "suck as much value as possible” from Ethereum, but they remain necessary bridges for global capital entering the crypto industry, according to Lubin.
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Available to Premium X users, the new marketplace could see rare usernames sell for up to seven figures.
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Wise is hiring a digital-asset product lead focused on stablecoins, signaling potential expansion into crypto amid shifting global regulations.
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Large Bitcoin mining companies are looking to expand into AI services for new sources of revenue amid the post-Bitcoin halving pressure.
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The move could make Evernorth one of the first public companies to anchor its balance sheet in XRP, signaling growing institutional appetite for digital assets.
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The plans for the new perpetual DEX come two months after a VanEck report highlighted Hyperliquid’s growth on the expense of Solana and other large chains.
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After its latest modest purchase, Michael Saylor’s Strategy has 59,582 BTC to go before hitting 700,000 BTC on its balance sheet.
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Grok 4 generated a 500% gain on the first day after identifying the crypto market bottom and switching to leveraged long positions.
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This marks the second major Amazon AWS outage since April, when “connectivity issues” created usability problems for at least eight large crypto exchanges.
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Jackson Denka, CEO of Azura, believes crypto airdrops will eventually take a backseat to IPO’s, but what if there was a way to save them?
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AI will automate most retail purchases in the future, with blockchain used to finalize payments, Shark Tank co-host and venture capitalist Kevin O’Leary says.
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