Binance co-founder and former CEO Changpeng Zhao (CZ) recently shared insights on crypto market predictions and investment strategies. As Bitcoin experiences extreme volatility, briefly dipping below $80,000 before surging to $95,000, CZ addressed the challenge of short-term forecasting.
Singapore is considering harsher penalties, including caning, for crypto fraud as authorities crack down on financial crimes. Minister of State for Home Affairs Sun Xueling revealed that stricter punishments are under review to combat the growing threat of cryptocurrency scams.
Thousands of crypto miners have started to move out from various US ports of entry after months of delay.
As per a latest report from Reuters, the U.S. authorities have recently begun returning Chinese-made equipment that was seized for cryptocurrency mining, as shared by two industry leaders. Notably, cryptocurrency miners are high-powered computers that compete to solve tricky math problems.
The US Office of Foreign Assets Control says the marketplace created by Iran-based Behrouz Parsarad facilitated the sale of drugs, fake IDs and hacking resources.
Popular stablecoin payment app Wirex has recently expanded to the US market. The app will allow US residents to use their stablecoins for daily transactions via Visa Cards.
The U.S. Senate overwhelmingly rejected an IRS crypto rule targeting DeFi, dealing a major blow to regulations critics say would cripple crypto innovation and threaten digital privacy. Senate Overturns IRS DeFi Rule With a 70-28 Vote The U.S.
The President of Belarus, Aleksandr Lukashenko, suggested that the Eastern European country could begin mining digital assets. “Look at this mining.
Coinbase CEO Brian Armstrong signaled growing interest in tokenized securities amid the shifting regulatory landscape under the Trump administration.
President Donald Trump's administration has officially started executing plans for its federal crypto strategic reserve, and step one is figuring out exactly how much crypto the US government already owns, according to a report from the Journal.
The Russian Finance Ministry says it has no immediate plans to build a national strategic crypto reserve, but has claimed that this could change if a key condition is met. The post Russian Finance Ministry ‘Would Consider Building Crypto Reserve' – On One Condition appeared first on Cryptonews.
The Singapore Minister of State for Home Affairs, Sun Xueling, has urged the population not to invest in cryptocurrencies as the number of associated scams has increased. Speaking in parliament on the 4th of March, she noted that the regulation of cryptocurrency is complicated due to its anonymous features and is advantageous to criminals.
Investment bank TD Cowen noted that President Donald Trump did not mention cryptocurrency in his Congress speech.
The Finance Minister of Pakistan has named Bilal bin Saqib, a Web3 investor, as the chief advisor for the Pakistan Crypto Council. Bilal bin Saqib an Ideal Candidate Pakistan's Finance Minister has appointed Bilal bin Saqib, a Web3 investor, as the chief advisor for the Pakistan Crypto Council.
We have excess electricity. Let them make this cryptocurrency and so on," Lukashenko told Minister of Energy Alexei Kushnarenko
Turkish law firm GlobalB plans to file a legal case against the current ban on cryptocurrency payments that Turkey scheduled for May 28 in Ankara. The firm, led by founding partner Sima Baktaş, is planning to present the potential economic benefits of cryptographic and blockchain-based transactions.
The Solana-aligned communications startup is coordinating a global network of fiber optic cables.
The United States Senate has voted to repeal a Joe Biden-era tax rule requiring cryptocurrency platforms to report detailed customer transaction information.
If the repeal is enacted, the IRS cannot create a similar rule without explicit Congressional permission.
Robinhood CEO Vlad Tenev believes that blockchain technology will eventually underpin stock trading, arguing that crypto's infrastructure could make financial markets more accessible, cost-efficient, and resilient.
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U.S. Representative Mike Collins, a strong advocate for alternative financial assets, has said his campaign will now accept cryptocurrency donations. ‘Destigmatizing the Crypto Industry' U.S. lawmaker and advocate for alternative financial assets Mike Collins has announced that his campaign will accept cryptocurrency donations.
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Coinbase Inc. (NASDAQ:COIN) is revisiting its ambition to bring tokenized securities to the U.S., a move it first attempted years ago but abandoned due to regulatory opposition. What Happened: The renewed push comes as the Donald Trump administration signals a more accommodating approach toward crypto, prompting changes at the U.S. Securities and Exchange Commission that could create room for blockchain-based financial products.
The cryptocurrency sector is in turmoil after a dramatic week. That, of course, is nothing new for crypto — but what is new is the reason for the turmoil: ongoing action from the seat of power in Washington, D.C.
Staff at the Commodity Futures Trading Commission are engaging with their counterparts at the U.S. Securities and Exchange Commission regarding digital assets.
Sun Xueling, the Minister of Home Affairs in Singapore, warned citizens to avoid crypto in a recent budget hearing. The country has a reputation for industry friendliness, but sophisticated crypto scams are turning some politicians' opinions.
Blockchain analytics company Elliptic has revealed that the group behind the Bybit hack has started laundering funds. In an update to its February 23 report, the firm said the Lazarus Group, which is behind the hack, has started laundering funds with Bitcoin mixers.
U.S. authorities have in recent weeks begun releasing seized Chinese-made equipment used for cryptocurrency mining, two industry executives told Reuters.
Coinbase, a major cryptocurrency based in the U.S., is seeking financial information about the underpinnings of the administration's war against crypto through a Freedom of Information Act (FOIA) request against the SEC.
Two US lawmakers have launched a bipartisan “Congressional Crypto Caucus” in an effort to advance a digital asset policy agenda. House Reps. Ritchie Torres (D-NY) and Tom Emmer (R-MN) say in a press release that the caucus will “defend open, permissionless and private innovation in the United States.
Binance saw $3.9 billion in net inflows in the week after the Bybit hack. Overall, in February, the exchange saw $5.323 billion in net inflows, showing strong demand and investor confidence during a period of market uncertainty.
Singapore's Minister of State for Home Affairs warns against cryptocurrency investments, citing a 70% rise in scam losses to $1.1 billion in 2024, with crypto scams accounting for a quarter of the total. The post Singapore Minister Warns Public Against Crypto as Fraud Cases Surge appeared first on Cryptonews.
Despite controversy surrounding Trump's proposed US crypto reserve allocation, Bitwise CIO Matt Hougan believes the “market has this wrong.” The post Bitwise Warns Market is Missing 3 Key Bullish Details of Trump's Crypto Reserve Plan appeared first on Cryptonews.
The House Financial Services Committee debate highlights the tension between libertarian lawmakers and the national security state.
BVNK has launched what it calls the first embedded wallet unifying fiat and stablecoins globally. “Stablecoins are redefining how we transfer value around the world, enabling 24/7/365 global payments near-instantly,” the cryptocurrency-to-fiat firm said in a news release Wednesday (March 5).
The Middle East and North Africa (MENA) is rapidly emerging as a hub for cryptocurrency and Web3, fueled by regulatory support and increasing interest from businesses.
Crypto research and analytic platform, CryptoRank has revealed that Binance tops centralized exchanges in monthly net reserves, with a surge of $4.5 billion net inflows. The firm also noted that Bybit recorded massive outflows, an additional $3.5B over the past month.
For years, the US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have struggled with crypto regulation and jurisdictional clashes. Unfortunately, this has resulted in uncertainty for many businesses, including Web3 firms.
Vietnam's Ministry of Finance is set to propose a legal framework for digital assets and cryptocurrencies this month.
Yellow Card Financial CTO Justin Poiroux explains how stablecoins are reshaping payment systems in emerging markets.
Coinbase continues to explore tokenization of traditional financial assets, aiming to make securities trading more efficient and accessible.
A positive ruling could pave the way for new business models in Turkey, particularly for crypto exchanges seeking licenses.
Over the past month and a half, the Security and Exchange Commission (SEC) has started to move from its “aggressive” and “overreaching” crypto regulatory approach to a more welcoming one. Republican Commissioner Hester Peirce has shared some new insight on the US agency's regulatory shift and the upcoming framework.
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he has completely sold out of crypto.
TL;DR Noble launched USDN, a stablecoin backed by U.S. Treasury bonds, offering annual yields of around 4.15%. USDN allows users to earn yields from the income generated by U.S. Treasury bonds, distributing them among developers, validators, and platforms. Noble also introduced a “points” program with “Staking Vault” and “Flexible Vault” options for additional yields.
Commodity Futures Trading Commission (CFTC) acting chair Caroline Pham revealed that the regulator is cooperating closely with the US Securities and Exchange Commission (SEC) on crypto-related matters. Pham made the statement during the Milken Institute's “Future of Fintech Symposium, Fox Business' Eleanor Terrett reported.