News
Trish Turner is resigning as head of the IRS crypto division after just months, following two private-sector leaders who each served about a year.
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Latest News on Regulation
Crypto regulation is an umbrella term for the network of laws, statutes and legal practices surrounding the crypto and blockchain industries. Since Bitcoin's 2008 white paper, the legal status of these industries has been the subject of a huge amount of conversation. Lawmakers and regulators have had to cope with an entirely new set of concerns. Some governments have reacted hostilely, seeing crypto as a threat to monetary control. Others have embraced the industry for its capacity to link distant economies and facilitate trustless transactions across the globe. But most of the world is still figuring out exactly how to legislate, regulate and prosecute the set of laws surrounding such a young industry.
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The proposed bill included a list of targetable offenses, including the theft of cryptocurrencies, ransomware attacks, and pig butchering scams.
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The judge suggested that a brief stay while awaiting a ruling in a similar case in the appellate court could “reduce the burden of litigation.”
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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.
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VanEck has filed to launch the first US ETF backed by a liquid staking token, JitoSOL, testing the SEC’s evolving stance on staking.
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After a BlockFi investor withdrew an objection filed in February, a judge appeared to clear the way for the next step in a settlement of a class-action lawsuit.
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Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.
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The forecast, which was published on Thursday, came amid renewed interest in stablecoins from several governments around the world.
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A mining ban went into effect in the African nation in April 2024, followed by Chinese officials warning residents not to “support or engage in virtual currency mining activities.”
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Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures.
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Beijing’s consideration of a yuan-backed stablecoin could mark a new front in the global financial system, but experts say dollar dominance, liquidity and trust are high hurdles.
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China’s split renminbi system suggests a rumored yuan stablecoin won’t mark a crypto shift.
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Taiwanese prosecutors reportedly indicted 14 people accused of orchestrating the country’s biggest money laundering case involving cryptocurrency.
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AUSTRAC has ordered Binance Australia to appoint an external auditor after identifying serious shortcomings in the exchange’s Anti-Money Laundering controls.
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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.
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