Policy News

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

AUSTRAC has ordered Binance Australia to appoint an external auditor after identifying serious shortcomings in the exchange’s Anti-Money Laundering controls.

The EU is exploring Ethereum and Solana for its digital euro, marking a shift toward public blockchains over private models like China’s CBDC, according to the FT.

Tether and Circle are set to meet with the CEOs of South Korea’s four largest banks this week to discuss potential partnerships.

Bitcoin fell below $113,000 as investors braced for Jerome Powell’s Jackson Hole speech that could set the US Fed’s path on interest rate cuts.

China’s cabinet will review a roadmap that includes yuan-pegged stablecoins to bolster yuan internationalization, sources told Reuters.

Crypto advocacy groups accuse Wall Street bankers of trying to tilt stablecoin rules in their favor, warning Congress against changes to the GENIUS Act.

A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors.

A DeFi investor was hit with a $10.5 million tax bill after the Spanish tax agency classified a crypto-backed loan as taxable gains.

Concordium launched a mobile app using zero-knowledge proofs for anonymous age verification as UK rules fuel demand for privacy-safe solutions.

Wyoming announced the mainnet launch of the Frontier Stable Token stablecoin, becoming one of the first US states to issue a stablecoin.

South Korea’s financial regulator ordered crypto exchanges to halt new crypto lending services as thousands of users suffered forced liquidations.

A China Merchants Bank subsidiary launched a Hong Kong-based crypto exchange for professional investors after securing a virtual asset service provider license.

The FSC will introduce a bill that’s expected to provide guidelines on issuance, collateral management and internal control systems for stablecoins.

Amdax is launching a Bitcoin treasury company, aiming for a Euronext listing as more European companies join the growing corporate Bitcoin adoption wave.