FINTRAC revealed that cryptocurrencies are being used to launder money from synthetic fentanyl and opioid trafficking.
‘'We're embracing the future with crypto and leaving the slow and outdated big banks behind'', President Donald Trump declared, signaling a shift in his administration's approach to digital assets.
David Balland's kidnap in France earlier this week raises concerns about security in the crypto sector, especially with him being a not-so-recognized public figure. The full story leading to his freedom is in this article.
Venture capital giant a16z shifts focus from UK crypto investments to US market following Trump's re-election, signaling strategic realignment amid changing regulatory landscape.
A new report from the financial insights firm Cornerstone Research claims that Gary Gensler slowed down crypto enforcement actions in his final year as the U.S. Securities and Exchange Commission (SEC) chair. According to the Cornerstone report titled “SEC Cryptocurrency Enforcement”, the last year of Gensler's tenure witnessed a significant drop in crypto enforcement.
The House Committee on Oversight and Government Reform has issued a formal letter to multiple crypto firms and organizations, requesting evidence and accounts of instances where crypto firms and individuals have been systematically denied access to banking services.
Scammers hacked the social media account of Jair Bolsonaro, Brazil's former President, promoting a fake meme coin. The resulting BRAZIL token rose over 10,000% in a matter of minutes, netting the scammers over $1.3 million.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Andreessen Horowitz (a16z) has announced plans to close its London office and refocus its efforts on the US cryptocurrency market following the re-election of President Donald Trump. In 2023, a16z made headway into the London market when it opened its first office outside the United States in the UK.
According to data from CoinMarketCap, the decentralized physical infrastructure network sector has a market capitalization of over $27 billion.
The combination of AI and Web3 could turn us all into developers, says Bailey Reutzel, after attending a recent boot camp sponsored by Coinbase.
The Blockchain Association announced today that it received a letter from the House Oversight Committee asking for information on Operation Choke Point 2.0.
President Donald Trump's executive order on digital assets issued Thursday (Jan. 23) will reportedly boost stablecoins and issuers like Tether Holdings and Circle Internet Financial. Trump's order aligned stablecoins with the government's efforts to maintain the global supremacy of the dollar, Bloomberg reported Friday (Jan. 24).
European Central Bank (ECB) executive board member Piero Cipollone has urged EU banks to accelerate efforts to implement a digital euro.
In typically Trump style, the Jan. 20 presidential inauguration was marked by excitement, concern and outright confusion from the crypto faithful.
Binance CEO Changpeng Zhao has urged other countries to "work harder" in order to remain attractive for businesses now that the U.S. is embracing crypto.
President Trump's move to gauge creating a potential crypto stockpile leaves open questions on what it is and what happens next.
Taiwan's Financial Supervisory Commission (FSC) has unveiled plans to allow banks to issue stablecoins as part of a comprehensive regulatory framework for virtual asset service providers (VASPs). The draft bill, expected in June, aims to establish stablecoins as a bridge between the New Taiwan dollar (TWD) and digital currencies, according to local media reports.
The U.S. House Oversight Committee has launched an investigation into alleged debanking practices targeting crypto companies.
The co-founders of market intelligence platform Glassnode are identifying two catalysts that need to line up for altcoin season to officially kick off.
The London building, opened in 2023 while UK Prime Minister Rishi Sunak was in office, will be shuttered in favor of focusing on the venture capital firm's US operations.
Cambrian Asset Management President Tony Fenner-Leitão sheds light on his firm's data-driven approach to the crypto market
The US government under Joe Biden has allegedly been stifling the crypto industry through the process of debanking, which experts labeled “Operation Chokepoint 2.0.” With Donald Trump's re-election, the crypto industry expects a reform that will lead to the US banking industry embracing cryptocurrencies.
On today's episode of CNBC Crypto World, bitcoin trades flat after President Trump signs an executive order to explore a bitcoin stockpile. That order also bans the creation of a central bank digital currency, and looks to promote the use of dollar-backed stablecoins.
CNBC's Mackenzie Sigalos joins 'Power Lunch' to discuss Trump's latest executive order that impacts the crypto sector.
The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth An analysis by OKG Research predicts that stablecoins such as USDT and USDC will directly increase the demand for U.S. debt in 2025.
The senator urges a federal investigation into Trump meme coins, questioning ethics, foreign influence risks, and regulatory gaps.
The House Oversight and the Senate Banking committees are probing accusations that U.S. regulators blocked crypto insiders from banking.
Crypto migration in Korea increased 2.3x in 2024 compared to 2023. Vague regulation in Korea is weakening its competitiveness in the crypto and Web3 space.
Venture capital (VC) giant Andreessen Horowitz (a16z) is scaling back its high-profile push into the UK crypto market, as reported by The Financial Times, to refocus its efforts on the US under President Donald Trump's administration.
Blockchain protocol Chain is weighing legal action against TRON founder Justin Sun following allegations of market manipulation. On January 24, Sun accused Chain of engaging in activities that could harm cryptocurrency exchange users, specifically referencing the use of high leverage and contracts.
President Donald Trump has signed an executive order to support the “responsible growth” of the digital assets industry. According to a new memo released by the White House, Trump signed an executive order yesterday promoting the use of blockchains for individuals and entities.
EO and SEC's Rescission of SAB 121: President Trump's second administration painted a new landscape for digital assets and cryptocurrency in the United States
Chris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish rules for the sector. African Regulators Seen Following U.S.
From Trump to Melania, we now have the Ivanka Trump coin. The crypto industry is going full-throttle on Trump mania, but at least one family member isn't happy with the latest development, particularly the release of the $IVANKA coin.
Nearly a week into his presidency, and Donald Trump has yet to mention bitcoin. But despite the absence by name of any one particular digital asset, the crypto world still had reason to perk up on Thursday (Jan.
GOP House investigates crypto debanking practices in ChokePoint 2.0, probing into alleged unlawful banking restrictions on crypto firms. The post GOP House begins ChokePoint 2.0 investigation into crypto debanking appeared first on Crypto Briefing.
In a letter sent to crypto executives Friday, the chair of the House Oversight Committee announced an inquiry into alleged debanking.
The double dose of news is a celebrated time for crypto but not with some reservations about what the U.S. will do next.
President Trump took a hardline stance against an American CBDC—but now the European Central Bank is even more eager about a digital euro.
ECB board member Piero Cipollone said the European Central Bank (ECB) must accelerate efforts to launch a digital euro in response to President Donald Trump's push to promote dollar-backed stablecoins globally, Reuters reported on Jan. 24.
David Sacks classified NFTs and meme coins as collectibles, likening them to memorabilia with cultural and commemorative value.
The companies behind the crypto exchanges Kraken and Blockchain.com have joined the dozens of corporations and wealthy individuals that have hired the President Trump-tied lobbying firm Ballard Partners since November's elections, records show.
Andreessen Horowitz, the Silicon Valley-based venture capital giant, is planning a pullback from the crypto investing market in the United Kingdom, the Financial Times has reported.
Representatives French Hill and Bryan Steil have voiced strong support for President Trump's recent executive orders advancing digital assets and artificial intelligence Hill is the Chair of the House Financial Services Committee, and Steil is the Chair of the Digital
Piero Cipollone reportedly said Donald Trump's executive order affecting stablecoins could potentially influence people considering abandoning big banks.
The independent government agency regulating Taiwan's financial markets will reportedly propose a special law that will allow banks to issue stablecoins. The United Daily News reports that Taiwan's Financial Supervisory Commission (FSC) plans to submit the draft legislation on virtual asset service providers (VASPs) in June.