Crypto has topped the list of most-muted topics on X since the platform rolled out its snooze feature, with spam and artificial intelligence content, or “AI slop,” likely playing a major role. On Thursday, Nikita […]
The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to […]
Key Takeaways Central Bank of Brazil issued Instruction 739, forcing VASPs to get independent audits to secure licenses.Audits must ensure that each VASP is prepared to combat and prevent crypto-linked crime.Following the $5B Hidden Flow […]
Samsung Securities, Samsung SDS and Samsung Card will acquire a combined 4% stake in Dunamu, the operator of South Korean crypto exchange Upbit, in a deal that expands Samsung affiliates’ exposure to the country’s digital […]
Blockchain infrastructure platform and stablecoin issuer Paxos said it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency. Paxos said on Thursday that its […]
Key Takeaways Britain sanctioned crypto exchanges, payment providers, and individuals linked to Russia-focused financial networks.Officials connected the A7 network to military procurement, oil proceeds, and cross-border settlement channels.Stablecoin infrastructure and exchange screening now face heightened […]
At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding. Crypto trading card platform Fantasy.top, cross-blockchain infrastructure company […]
Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this week in races for the US Senate and House of Representatives. […]
Key Takeaways Regulators moved to set compliance standards for FDIC-supervised payment stablecoin issuers.Proposed requirements include AML/CFT programs, sanctions controls, reporting, and enforcement procedures.The proposal would establish a federal enforcement framework for stablecoin issuers tied to […]
Galaxy Digital founder Mike Novogratz appeared in court on Tuesday to face off against BitGo CEO Mike Belshe in a long-running legal fight over a failed proposed $1.2 billion merger in 2021. The planned deal […]
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