Binance plans to change how South African users make crypto deposits and withdrawals to ensure greater regulatory compliance.
As centralized stablecoins repeatedly break their pegs during market stress, a new wave of crypto-collateralized alternatives has emerged
The Kuwait Ministry of Interior (MoI) has issued a statement saying that crypto mining in the country is illegal and unlicensed. Officials from Kuwait's Ministry of Electricity, Water, and Renewable Energy have noted that there are over 1,000 crypto mining sites in the country.
Global payment infrastructure platform Mercuryo has announced the launch of a new cryptocurrency debit card on the Mastercard network. The new card, Spend, is available via companion app Ledger Live, and allows Ledger users to seamlessly make purchases using their digital holdings, which are converted to fiat currency.
Crypto drainers — malware designed to steal cryptocurrency — have become easier to access as the ecosystem evolves into a software-as-a-service (SaaS) business model.In an April 22 report, crypto forensics and compliance firm AMLBot revealed that many drainer operations have transitioned to a SaaS model known as drainer-as-a-service (DaaS). The report revealed that malware spreaders can rent a drainer for as little as 100 to 300 USDt (USDT).
Yuga Labs seeks to seize $400,000 in crypto from influencer Jeremy Cahen who allegedly evaded court judgment in Bored Ape trademark case.
SEC charges Ramil Palafox with running $198M crypto fraud that misappropriated $57M for luxury purchases while deceiving 90,000 investors.
Trump Media partners with Crypto.com to launch "Made in America" ETFs focusing on US industries and digital assets, expanding Trump's crypto ventures.
A brewing showdown between Europe's top financial institutions could shape how the world approaches crypto regulation in a Trump-led era. This week, tensions erupted between the European Central Bank (ECB) and the European Commission over how well Europe's new crypto laws can hold up if Trump's policies trigger a wave of financial volatility.
Paul Atkins, President Trump's nominee to chair the U.S. Securities and Exchange Commission, was formally sworn into office on April 21. Atkins, who is a long-time supporter of crypto, assumes the role of the 34th chair of the regulatory agency.
Grayscale is accelerating its ETF expansion as the company seeks new avenues for growth amid increasing competition in the crypto ETF market.
The US Securities and Exchange Commission (SEC) has charged Ramil Palafox, a dual US-Philippine national, with orchestrating a $198 million crypto scam.
Binance is set to implement new compliance measures for South African users, requiring sender and receiver information for all crypto deposits and withdrawals.In an official announcement on April 23, the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies said the move comes in response to local regulatory demands. Starting April 30, 2025, Binance users in South Africa will be prompted to provide additional information when transferring crypto.
Binance CEO Richard Teng has taken to the social media platform X to warn community members about a new scam ravaging the crypto ecosystem. Teng flagged SMS spoofing as the next biggest strategy among scammers, noting the need to stay safe.
The Securities and Exchange Commission accused PGI Global's CEO of orchestrating an international scheme that raised $198 million under false crypto exchange claims.
TMTG finalized a binding agreement this week. It partnered with Crypto.com and Yorkville America Digital to launch a suite of ETFs and related products.
On April 22, Richard Heart shared on X that he and his crypto projects—HEX, PulseChain PLS, and PulseX —had "defeated the SEC completely" and gained “regulatory clarity that nearly no other coins have".
There are a lot of opportunities with cryptocurrency. It hasn't been dimmed for the past fifteen years.
The U.S. government's evolving approach to crypto regulation could mark a pivotal moment for payments innovation. “There's certainly a change in how the administration views the digital assets industry,” Dan Boyle, partner at Boies Schiller Flexner, told PYMNTS CEO Karen Webster.
Layer 1 blockchain Concordium, known for providing an enterprise-focused platform, has announced that four leading stablecoin platforms will issue their assets natively on its chain.
Trump Media and Technology Group (TMTG) has announced the new line of cryptocurrency-themed ETFs, following the agreement signed with Crypto.com. For the launch of the new ETFs, Trump Media will collaborate with Yorkville America Digital. The initiative, made public on April 22, represents a decisive step for the company in diversifying its activities, going beyond media and technology to embrace the world of investments. The new ETFs will be launched under the Truth.Fi brand and will offer combined exposure to digital assets and key sectors of the US economy, such as energy. Distribution will be entrusted to Foris Capital US LLC, the regulated broker-dealer division of Crypto.com, pending the necessary regulatory approvals.
U.S. endorsement of cryptocurrencies and promotion of dollar-based stablecoins has reportedly sparked tensions between the European Commission and the European Central Bank. ECB Dollar-Based Stablecoin Concerns Overblown U.S.
YouTubers Kyle Forgeard and John Shahidi, known as the Nelk Boys, are asking a California court to dismiss a lawsuit accusing them of misleading buyers in their Metacard non-fungible token (NFT) project.
A senior French central banker has warned that U.S. policy shifts promoting stablecoins could erode European monetary sovereignty in the absence of a digital euro.
Binance is working hard to improve its ties with Indian regulators and is enforcing stricter Know Your Customer (KYC) requirements. The crypto exchange previously faced several frictions with Indian regulators, including atemporal service disruptions.
The US Securities and Exchange Commission (SEC) has filed charges against Ramil Palafox, accusing him of running a large-scale investment scam that promised profits through Bitcoin BTC and foreign exchange trading.
A MEXC study reveals that airdrops drive over a third of new user registrations, surpassing referrals and organic sign-ups. The Commonwealth of Independent States region leads in airdrop participation, followed by Southeast and South Asia.
Bitcoin's 12% rally over the week and a surge in related exchange-traded fund inflows have analysts thinking it could soon reach $100,000, but one crypto analyst has said to temper hopes as a key indicator is still giving mixed signals.“Given that our stablecoin minting indicator has yet to return to high-activity levels, we remain cautious about the sustainability of the current Bitcoin rally,” 10x Research head of research Markus Thielen said in an April 23 markets report.
The SEC has yet again cracked down on crypto fraud. The agency has charged the man behind PGI Global, Ramil Palafox, for running a massive $198 million scam through his company, PGI Global, which falsely claimed to be a crypto and forex trading platform.
The Australian court found that the discontinued ‘Earner' product was a loan, not a managed investment scheme, dismissing ASIC's allegations. The post Australian Federal Court Dismisses ASIC Appeal, Favoring Crypto Lender Block Earner appeared first on Cryptonews.
Cryptocurrency markets are showing strong signs of recovery, with total capitalization reclaiming the psychological barrier.
Mario Kart on-chain with rocket launchers — that's Battle Derby. Race, strategize, and earn in this fast-paced Web3 thrill ride. Regina's Web3 Gaming Odyssey: Episode 24 From high-stakes battlegrounds to zany, car-fueled chaos! Welcome to a Web3 racing shooter that's redefining competitive gameplay with style and speed.
The enterprise-grade Layer 1 blockchain, Concordium, is set to significantly expand its stablecoin offerings, announcing that four distinct platforms – Agant, Noon, Deep Blue, and AEDX – will issue their respective stablecoins natively on its network.
The SEC alleged PGI Global sold “membership packages” as unregistered securities amounting to $198 million.
Jay Clayton takes charge of Wall Street's most powerful prosecutor's office, bringing a controversial crypto enforcement record and deep ties to the financial sector.
In a major crackdown, the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have charged Ramil Palafox, a dual U.S.-Philippines citizen, with orchestrating a $200 million Ponzi-like crypto trading scam that misled over 90,000 investors worldwide.
U.S. President Donald Trump voiced strong support for new Securities and Exchange Commission (SEC) Chairman Paul Atkins on Tuesday, emphasizing the urgent need for regulatory clarity in the rapidly growing cryptocurrency industry. Speaking at Atkins official swearing-in ceremony, Trump stressed that crypto innovators are calling for a clear and stable regulatory framework.
Malaysia is accelerating its push into blockchain, holding discussions with Binance's founder as it aims to become Southeast Asia's leading hub for tokenization and digital finance.
US President Donald Trump's media conglomerate, Trump Media and Technology Group, has signed an agreement with crypto exchange Crypto.com to launch exchange-traded funds “with a Made in America focus.”Trump Media, which operates the social media site Truth Social, said on April 22 that it signed a binding agreement with Crypto.com and asset manager Yorkville America Digital to launch ETFs, which “are expected to comprise digital assets as well as securities with a Made in America focus spanning diverse industries such as energy.
The US Securities and Exchange Commission and federal prosecutors have charged a man they allege created a crypto scheme that swindled 90,000 people out of $200 million in the hopes of earning returns from Bitcoin and forex trading.The SEC said on April 22 that it had charged Ramil Palafox, a dual citizen of the US and the Philippines, claiming he misappropriated over $57 million in investor funds gained through his company, PGI Global, between January 2020 and October 2021. The regulator alleged Palafox used a multilevel marketing model to execute a “Ponzi-like” scam until the company's collapse in 2021.
Oregon's Attorney General (AG) has listed XRP and 30 other cryptocurrencies as alleged “unregistered securities” in its state-level complaint against Coinbase.
The company has accused influencer Jeremy Cahen of evading a court order tied to the Bored Ape trademark case.
Paul Atkins, who was sworn in as the chairman of the Securities and Exchange Commission at the White House on Tuesday, said his top priority will be to have a firm foundation for digital assets and keep politics out of securities laws.
Atkins' remark echoes his previous testimony, where he said laying the groundwork for a digital asset framework would be his top priority.
Galaxy Digital reallocates major crypto holdings in strategic asset shift.
The price of LUCE, a Solana-based meme coin themed around the Vatican's Holy Year 2025 mascot, has surged dramatically following the death of Pope Francis.
The BTC.D was above 63.8%, a level that had been a support back in early 2020, and could rise even higher.