Nickson Omondi, manager of the digital economy tax office at KRA, said that the tax collection agency planned to roll out a real-time tax collection system that would be integrated into exchanges. Through this initiative, the KRA sought to increase Kenya's tax base to tap into the growing sector, which reported crypto transactions of about $18.6B in 2022.

The SEC embraced shorter settlement times after the GameStop short squeeze—but crypto already does 24/7 markets and quick trade completions.

The bitcoin mining company and vertically integrated blockchain firm DMG Blockchain Solutions has announced a partnership with Malahat Nation to develop Canada's first Indigenous-led artificial intelligence (AI) data centers. The project, designed to utilize clean energy, is expected to expand technology infrastructure while promoting economic growth in Indigenous communities.

The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges.

The U.S. Securities and Exchange Commission (SEC) will continue to include cryptocurrency in its 2025 SEC Focus Review.

A large-scale crypto fraud trial opened on Monday in Nancy, France. Over 20 defendants are accused of scamming 1,300 victims through fake crypto and diamond investment schemes.

Bitcoin miner Core Scientific expects to generate roughly $8.7 billion in revenue over the next 12 years, following an expansion of its hosting agreement with CoreWeave, according to an Oct. 22 statement.

The Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam expressed optimism on October 21 that Congress could pass crypto legislation in the United States following the 2024 U.S. presidential election.

International exchanges have frozen Iranian crypto assets and blocked their accounts after Intel revealed local exchanges may be working for the Iranian government. International centralized exchanges exited the Iranian market following primary and secondary sanctions from the U.S. government.

The former president has been on a positive streak in recent weeks, pulling ahead as the election approaches.

The crypto lobbyist group Fairshake disbursed nearly $29 million in September ahead of the American presidential election next month. A Federal Election Commission filing indicates Fairshake, a super political action committee (PAC), had dispensed more than $142.3 million year-to-date by the end of September and still had $42.8 million of cash on hand.

Advertising will reach approximately $667 billion globally in 2024, including the spike in advertising accompanying a U.S. Presidential election. According to an ISBA Programmatic Supply Chain Transparency study, 15% of digital advertising spend is “unattributable —that's about one-third of supply chain costs.

In this interview, OKX President Hong Fang discusses the company's strategy for global expansion, with a focus on their recent launch in the UAE. This content is not an offer or solicitation to buy, sell, or hold virtual assets.

Residents of the Argentine capital now have access to decentralized digital IDs on their mobile devices, powered by the scaling protocol ZKsync Era.

The United Arab Emirates (UAE) has introduced a structured legal framework for Decentralized Autonomous Organizations (DAOs) through the RAK Digital Assets Oasis (RAK DAO).

During a recent interview with Bloomberg, U.S. Securities and Exchange Commission Chair Gary Gensler stated that "all too many people" had been hurt by the crypto industry.

Hailey Lennon and Nic Carter refuted Kashkari's claims, citing data that only 0.34% of crypto transactions were linked to illegal activity.

The Bank for International Settlements (BIS) released a report on October 21 highlighting both the potential and the pitfalls of tokenization in traditional finance.

In honor of Halloween, Binance has created the ‘Halloween Pumpkin Chase' to celebrate this occasion from October 21, 2024, to October 31, 2024. Participants can win up to 10 BNB.

TL;DR Azura, a new DeFi platform, debuted on October 22, 2024, backed by a $6.9 million investment round led by Initialized Capital. The platform aims to simplify access to DeFi applications and reduce entry barriers for new investors and users.

Stablecoins kept expanding their influence on the crypto market, with 70 active new assets. Liquidity still clustered into the leading tokens, with only 10 stablecoins reaching $10M in daily volumes.

Minneapolis Federal Reserve President Neel Kashkari — who once compared Bitcoin to Beanie Babies — on Monday clashed with the crypto community after proclaiming that digital assets are only useful for purchasing drugs and other criminal activities.

Operation Shamrock, led by Erin West, tackles crypto crimes and pig butchering scams through collaboration and innovation in law enforcement strategies.

Buenos Aires has introduced a new digital identity system that prioritizes privacy using zero-knowledge technology. The Argentinian government has integrated QuarkID, a blockchain-based identity solution, into its miBA app, which offers services and documents to over 3.

The intersection of cryptocurrency and artificial intelligence (AI) is reshaping industries, offering new opportunities for decentralized finance and programmable money, according to Pantera Capital.

Coinbase has submitted two Freedom of Information Act (FOIA) requests against American regulators. The crypto exchange is demanding the disclosure of documents related to the prosecution of crypto companies by U.S. banks.

TechCrunch founder Michael Arrington says payments giant Stripe has completed the acquisition of stablecoin startup Bridge. In an X post referencing a report about Stripe's discussions to acquire Bridge, the tech publication executive says the $1.1 billion purchase of Bridge is a done deal.

The recently confirmed acquisition of stablecoin payment platform Bridge for $1.1 billion by U.S. payment processor Stripe validates the growing importance and legitimacy of stablecoins as a use case for public blockchains—particularly for global cross-border transactions, according to Bernstein. “Stablecoins have become systemically important, now the 18th largest holder of U.S.

The U.S. SEC signals a push for more oversight and regulation of crypto in 2025.

US Securities and Exchange Commission Chair Gary Gensler talks about the challenges around regulating artificial intelligence and cryptocurrencies on "Bloomberg Technology."

On October 2nd the UAE Federal Tax Authority exempted crypto transaction from value-added tax (VAT). Effective from Nov. 15, 2024, the exemption applies retrospectively to transactions dating back to Jan. 1, 2018.

The US Securities and Exchange Commission (SEC) has once again published its list of 2025 exam priorities, adding “Crypto Assets” for the second time in a row. Notably, this new exam priorities list has drawn a new round of criticism.

Cryptocurrency continues to be on the SEC focus review list in 2025 despite most crypto companies not being registered with the agency.

Billionaire Elon Musk has publicly rallied behind John Deaton, who is known among crypto fans for his legal advocacy, in his bid to replace the crypto industry's least favorite U.S. lawmaker, Sen. Elizabeth Warren.

The regulator's Division of Examinations specifically named spot Bitcoin and Ether exchange-traded products in its priorities after their 2024 launch.

CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations.

A ‘proximity breach' is a rising trend, when someone exploits someone close to them to steal money—this time through a WiFi network.

The Financial Stability Board identified three vulnerabilities of tokenization: The underlying reference asset; the participants in distributed ledger technology based tokenization projects; and new technology's interaction with legacy systems.

BitMEX launches SCRUSDT perpetual swap, allowing traders to leverage up to 50x on SCR, the native token of Scroll. Discover the new trading opportunities now available.

Key Points:

How can crypto be without regulators? That is a question a lot of crypto enthusiasts would want an answer to. Is MiCA in our favor? Probably.

Grant Colthup, former CEO faces a fraud charge for allegedly stealing $1.5M from a customer. The court has adjourned the case to December 16, 2024.

X Empire, a popular tap-to-earn game themed around Elon Musk, is set to launch its X token on The Open Network (TON) on Oct. 24.

This year's Bitcoin halving and subsequent drops in network activity have once again put pressure on miners' profit margins. With block rewards cut in half and reduced revenue from transactions, many operations are desperate for creative ways to remain viable.

India is currently weighing a potential ban on cryptocurrencies like Bitcoin and Ether while exploring the adoption of a Central Bank Digital Currency (CBDC), according to reports published on Tuesday, October 22, 2024.

The hype around Meme coins is still persistent and have continuously offered the best crypto trading experience. Just recently, a crypto trader made $9M within just three days in GNON, explaining these meme-themed cryptos hype.

On Monday, Coinbase's Chief Legal Officer, Paul Grewal, announced that the exchange is ramping up its legal efforts in their ongoing battle with US regulators by filing two new sets of Freedom of Information Act (FOIA) requests.