Cryptocurrency — Page 2 of 169
4034 total articles about Cryptocurrency.
US seized $500M in Iranian crypto assets, Treasury secretary says
Seizure of Iranian Crypto Assets The US government continues its crackdown on Iranian cryptocurrency assets, with Treasury Secretary Scott Bessent announcing that they have seized nearly $500 million. This surpasses the previously reported amount of $344 million in frozen assets. This move is part of the ongoing effort
Canada proposes ban on crypto ATMs as fraud cases mount
The Rise of Crypto Scams in Canada Crypto scams have been on the rise in Canada, and the Liberal government has taken notice. In a recent statement, they have identified machines as a primary method for these scams, linking them to the increase in financial losses reported by Canadians. The Role of Data and Law Enforce
Coinbase backer Blockchain Capital hunts $700 million for new funds
Fundraising for Early-Stage and Growth Funds In the world of cryptocurrency, venture capital firms play a crucial role in funding the development of innovative projects. And one of the top players in this space is the San Francisco-based firm, ABC Ventures. With their successful track record in backing promising startu
New York sues Coinbase and Gemini Titan, calls their prediction markets illegal gambling
What are Prediction Markets? Prediction markets are platforms where users can place bets on the outcome of future events. These events can range from sports games to political elections to stock market fluctuations. These markets rely on the wisdom of the crowd to accurately predict the outcome of these events. One of
From smelters to servers: Alcoa to cash in on crypto's thirst for energy
Alcoa in Talks to Sell Massena East Smelter to NYDIG Alcoa, a leading producer of aluminum, is currently in discussions with NYDIG, a Bitcoin mining company, to sell its Massena East smelter in upstate New York. The potential sale comes as NYDIG looks to expand its operations in the region, taking advantage of the area
X Cashtags Trigger Estimated $1 Billion Surge In Crypto Trading
X's Cashtags Feature: Unlocking the Power of Social Media for Crypto Trading X's Cashtags feature has quickly become one of the most talked-about developments in the world of cryptocurrency trading. This innovative feature allows users to easily track and trade different cryptocurrencies by using specific hashtags, sim
Deutsche Boerse takes $200 million stake in crypto exchange Kraken, Bloomberg News reports
Introduction Crypto trading platform Kraken receives $200 million investment from Deutsche Boerse Overview - German exchange operator Deutsche Boerse has decided to invest $200 million in Payward Inc, the parent company of popular crypto trading platform Kraken. - This investment shows the growing interest and confiden
Bank of Korea floats crypto ‘circuit breakers' after Bithumb blunder
Bithumb's Costly Mistake: In February, Bithumb, a popular South Korean cryptocurrency exchange, made a major blunder when they accidentally sent 620,000 Bitcoin instead of 620,000 Korean won to customers. This mistake resulted in a loss of millions of dollars for the exchange and caused chaos among its users. The incid
Japan approves bill to classify crypto as financial instruments
Reclassification of Crypto as Financial Instrument Japan has been a pioneer in the adoption and regulation of cryptocurrencies, and this latest move solidifies its position as a leader in the industry. On May 1, 2020, the Japanese Cabinet officially reclassified cryptocurrencies as financial instruments, bringing them
Iran eyes crypto toll for oil tanker transits through Strait of Hormuz, according to FT
Impact on Cryptocurrency Market: The news of Iran's plans to collect cryptocurrency as transit fees has caused a stir in the cryptocurrency market. Crypto Ticker: BTC, ETH, LTC, XRP Many investors are closely monitoring the situation, with some speculating that this move could potentially increase the adoption and use
SEC Chair Atkins Says ‘Reg Crypto' Proposal Covering Fundraising and Startup Exemptions Is One Step From Publication
Crypto Regulation Proposal in the Hands of White House for Final Review The cryptocurrency market has been on a rollercoaster ride in recent years, with the rise and fall of various digital assets and the emergence of new technologies. As the industry continues to grow and evolve, governments around the world are grapp
Apple pulls Jack Dorsey's Bitchat from China at Beijing's request
How Bitchat is Making a Difference Bitchat is making a difference by providing a secure and decentralized communication platform for individuals and groups facing internet shutdowns and censorship. Its use of blockchain technology ensures that messages and calls cannot be intercepted or traced by authorities, making it
'Working on It': Coinbase CEO Eyes Crypto in Hands of Billion People
This statement has sparked a lot of conversation and excitement in the cryptocurrency community. Let's dive into some of the reasons why this goal is within reach and what it means for the future of crypto. Mass Adoption: One of the main reasons why the idea of 1 billion people using crypto is not far-fetched is due to
Russian residents to report foreign crypto wallets to tax office under new regime
The bill, which aims to provide a legal framework for cryptocurrencies, will also require crypto exchanges to collect and provide information about their users’ transactions. The New Legislation The new legislation, titled “On Digital Financial Assets,” was introduced by the Russian government in an effort to regulate
CFTC chair says agency is ready to oversee entire crypto market
The Beginning of a New Era for the CFTC Michael Selig, the new chairman of the Commodity Futures Trading Commission (CFTC), has hit the ground running since being confirmed by the US Senate in December. As he wraps up his first 100 days in office, he has wasted no time in implementing his vision for the agency and the
Australia passes crypto regulation requiring exchanges to obtain financial services licenses
Regulatory Changes: The cryptocurrency industry is constantly evolving, and with that comes changes in regulations. Recently, there has been a major development in the crypto space, as exchanges and custody platforms must now obtain financial services licenses within six months under the new framework. This new regulat
Russia moves to narrow crypto trading to regulated intermediaries
New Crypto Regulations in Russia The Russian government has recently approved a draft crypto bill package that aims to regulate the cryptocurrency market in the country. This move has sparked debates and discussions among crypto enthusiasts and investors, with many wondering how it will affect the market and their inve
KuCoin operator barred from U.S. after CFTC order, following $297 Million DOJ case
What is KuCoin and why is it popular? KuCoin is a popular cryptocurrency exchange platform that allows users to buy, sell, and trade various digital assets. It was founded in 2017 by Peken Global Limited and has quickly gained popularity among crypto enthusiasts due to its user-friendly interface, low trading fees, and
StanChart hires former Deutsche Bank executive Matthiessen in digital assets push
Introduction: Standard Chartered Hires New Global Head of Transaction Services and Digital Assets Sub Heading 1: Who is Ole Matthiessen? Ole Matthiessen is an industry veteran with over 20 years of experience in the financial services sector. He has previously worked at Deutsche Bank and most recently at Barclays, wher
Canada moves to ban crypto donations for election campaigns following UK
The Risks of Crypto Donations for Electoral Integrity With the rise of cryptocurrency in recent years, there has been growing concern about its potential impact on electoral integrity. This issue has been at the forefront of discussions surrounding Bill C-25, a proposed legislation in Canada that aims to regulate polit
Australia court fines Binance Australia $6.9 million over client onboarding failures
The Ruling The ruling by the Australian Federal Court comes after an investigation by the Australian Securities and Investments Commission (ASIC) into the activities of Binance Australia. The court found that Binance had failed to properly identify and classify its Australian clients, resulting in them being treated as
UK political crypto donations banned by Starmer government
Government Halts Crypto Political Donations The recent decision by the government to halt crypto political donations has caused quite a stir in the crypto community. This move comes as a result of concerns over foreign interference in political campaigns, as highlighted by the Rycroft review. The review also points out
Robinhood Announces $1.5 Billion Share Buyback Program as Stock Slides 39%
Board Approval of Share Repurchase Program The board of directors at Robinhood Markets recently approved a share repurchase program worth $1.5 billion on March 24. This move comes as the company's share prices continue to slump in 2026. This new buyback capacity adds over $1.1 billion to the existing share repurchase p
The SEC just gave crypto its clearest win in years, but much of it could still be reversed
Regulatory Clarity at Last With the recent announcement from the US Securities and Exchange Commission (SEC) that Ethereum (ETH) is not a security, the crypto community is breathing a collective sigh of relief. This long-awaited ruling brings much-needed regulatory clarity to the world of cryptocurrency. ETH Soars, Oth