Dubai’s digital asset regulator has ordered cryptocurrency exchange KuCoin to immediately halt all unlicensed crypto services in the emirate, intensifying regulatory scrutiny as …
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U.S. Regulation
Strike Secures New York BitLicense, Opening Bitcoin Financial Services to State Residents
Bitcoin payments company Strike, founded by entrepreneur Jack Mallers, has secured a New York BitLicense and Money Transmitter License from the New York State Department …
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The National Bank of Kazakhstan is preparing to invest up to $350 million in cryptocurrency-related assets, marking one of the largest moves by …
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U.S. Regulation
Elizabeth Warren Blasts SEC Over Justin Sun Case, Warns Crypto Bills Must Address “Trump’s Crypto Corruption”
U.S. Senator Elizabeth Warren (D-Mass.) has sharply criticized the U.S. Securities and Exchange Commission (SEC)after the agency agreed to settle and drop its …
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U.S. Regulation
Trump’s Cyber Strategy Pledges Support for the Security of Cryptocurrencies and Blockchain
The Trump administration’s newly released national cybersecurity strategy explicitly includes support for the security of cryptocurrencies and blockchain technologies, marking one of the …
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Crypto asset manager 21Shares has launched the first U.S. spot exchange-traded fund (ETF) tracking Polkadot, giving American investors regulated exposure to the blockchain’s …
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Market Watch
Investor Withdrawals Shake Private Credit as BlackRock Limits Redemptions and Blackstone Sees Fund Outflows
Two of Wall Street’s largest asset managers — BlackRock and Blackstone — are facing growing investor withdrawals from their flagship private credit funds, raising concerns …
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Florida lawmakers have approved the state’s first comprehensive stablecoin regulation bill, sending the legislation to Governor Ron DeSantis for final approval. The measure …
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U.S. Regulation
Senator Murphy Alleges White House Insiders Profited From Iran Strike Bets, Pushes to Ban Prediction Markets on Government Actions
U.S. Senator Chris Murphy (D-Conn.) is calling for legislation to ban prediction markets that allow traders to bet on government actions, after alleging …
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U.S. Regulation
IRS Proposes Electronic-Only Delivery For Crypto Tax Forms Under New Reporting Rules
The U.S. Internal Revenue Service (IRS) has proposed a new rule that would allow cryptocurrency brokers to deliver crypto tax forms exclusively through …
