As part of a move to reduce crypto scams, lawmakers in North Dakota are proposing House Bill 1447, a bill seeking to cap crypto ATM transactions. The new bill would limit crypto ATM transactions to $1,000 daily and cap fees at $5 or 3% of the transaction.

CLS Global FZC LLC, a major player in the cryptocurrency financial services sector, has pleaded guilty to charges of market manipulation and fraud as part of a settlement agreement with the United States Department of Justice (DoJ). The firm admitted to engaging in illegal wash trading to artificially inflate trading volumes of specific cryptocurrencies, misleading investors with false market activity.

Video game giant Atari has unveiled 500 limited-edition physically redeemable NFTs through DYLI, a blockchain-powered collectibles marketplace. Through a Jan.

UAE headquartered, DP World, a global player in the logistics and trade ecosystem, has announced at the World Economic Forum in Davos, that it will be issuing a stablecoin, making it the first entity in the logistics and trade ecosystem to do so.

Gate.io officially announced the launch of GT Hub, a dedicated service platform for GT holders. The GT Hub integrates a suite of exclusive benefits and innovative features, designed to maximize user value.

Senator Elizabeth Warren and Rep. Jake Auchincloss demand U.S. regulators investigate President Trump's TRUMP and MELANIA meme coins.

The SEC's 2024 crypto enforcement actions resulted in $4.98B in penalties, targeting fraud, unregistered offerings, and NFTs. Learn how these cases shape the future of crypto regulation.

On Thursday, President Donald Trump signed an executive action that addresses key promises he made to the cryptocurrency industry during his 2024 campaign. “The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our nation's international leadership,” the order said.

Singapore-based cryptocurrency exchange platform, Phemex lost over $70 million on Thursday due to the security failure. The occurrence has elicited concern across the crypto space, with strong indications pointing to North Korean hackers per usual.

The total stablecoin supply on Solana has reached new all-time highs, exceeding $10 billion for the first time.

“Bye, bye SAB 121! It's not been fun,” says a post published in X by SEC Commissioner Hester Pierce after the US regulator withdrew the controversial accounting guidance of 2022, which required companies to report customers' crypto assets on their balance sheets. The cryptocurrency industry has welcomed the move wholeheartedly.

Vanessa A. Countryman, Secretary of the SEC, confirmed that SAB 122 has officially replaced SAB 121 in the regulatory framework. The post SEC Commissioner Hester Peirce Says Goodbye to Controversial Crypto Accounting Guidance SAB 121 appeared first on Cryptonews.

The U.S. Securities and Exchange Commission (SEC) saw a 30% decline in crypto-related enforcement actions during the final year of former Chair Gary Gensler's tenure.

President Donald Trump has signed an executive order aimed at elevating America's leadership in digital asset innovation and blockchain technology. Issued on Jan. 23, 2025, this directive outlines a vision to cultivate a responsible digital economy, refine regulatory frameworks, and safeguard financial independence. Trump Signs Executive Order Advancing U.S.

White House Crypto Czar David Sacks called NFTs and meme coins “collectibles” on Thursday, reframing them as cultural assets.

Senator Elizabeth Warren said Donald Trump's memecoin could raise “the specter of uninhibited and untraceable foreign influence over the US president.”

Today, on Jan 24. 2025, the Securities and Exchange Commission (SEC) issued a staff accounting bulletin that revered a previous bulletin that made public banks and other publicly traded entities treat digital assets held in custody differently on their balance sheets.

The repeal of SAB 121 may boost crypto adoption by reducing financial barriers for banks, potentially expanding digital asset services. The post SEC scraps SAB 121 rule, easing crypto custody accounting for banks appeared first on Crypto Briefing.

The CFTC's new leadership will prioritize cryptocurrency, defi, and digital asset oversight, signaling a shift in regulatory focus toward innovation and market engagement. CFTC and SEC Leadership Transitions Mark Crypto Policy Shift Acting Chairman Caroline D. Pham of the U.S. Commodity Futures Trading Commission (CFTC) announced on Jan.

Vitalik Buterin, co-founder of Ethereum (CRYPTO: ETH), expressed concerns over the rise of political meme coins on Thursday, warning that they could become “vehicles for unlimited political bribery.” What Happened: In an X post, Buterin criticized the current state of the cryptocurrency industry, particularly the increasing popularity of political tokens.

The U.S. SEC has revoked its controversial crypto accounting guidance, SAB 121, which required financial institutions to list crypto assets as liabilities on their balance sheets.

The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a crypto accounting rule introduced in 2022, just days after SEC Chair Gary Gensler stepped down.

In a big move that signals a major shift in U.S. policy, President Donald Trump has signed a sweeping crypto executive order aimed at making America the global leader in digital finance.

President Donald Trump signed an executive order prohibiting the creation and use of CBDCs in the U.S.

Trump AI and 'crypto czar' David Sacks discusses the administration's crypto policies and future ambitions for the digital currency during an exclusive interview on ‘The Evening Edit.'

Crypto exchange Phemex appears to have been the victim of a multi-million exploit on Thursday, according to online reports. Millions worth of USDT, USDC, Ethereum (ETH), and other crypto assets were stolen from the exchange's hot wallets, resulting in a temporary half of withdrawals.

The US Securities and Exchange Commission (SEC) has removed the much-debated and unpopular crypto accounting guidance Staff Accounting Bulletin No. 121 (SAB 121) only a few days after the exit of the SEC chair Gary Gensler.

Cornerstone Research says the US Securities and Exchange Commission launched 33 crypto-related lawsuits last year, down from 47 in 2023.

Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden's Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S.

U.S. President Donald Trump signed an executive order forming the Digital Asset Working Group to create a federal regulatory framework for cryptocurrencies.

The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot away from the policies of the prior administration and a win for the crypto sector.

David Sacks hails President Donald Trump's executive order on crypto while slamming the Biden administration's "prosecution and persecution" of the industry.

Ethereum co-founder Vitalik Buterin posted a cautionary screed about TRUMP, political meme coins, and the current state of the crypto industry.

The volatility in the crypto market hasn't missed the mining industry. Since the beginning of the year, we've seen volatility in miner behavior, with alternating periods of accumulation and distribution.

“Bitcoin” wasn't mentioned once in Trump's executive order to study a crypto stockpile, so some maximalists fear it could include other cryptocurrencies.

Two low-cap memecoins are primed to surge higher amid low market sentiment, according to a popular crypto analyst.

Altcoin rally in January has been delayed as key alt season index remained neutral and BTC dominance jumped back to 58%.

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Representative Nicole Malliotakis (R) New York shares why she wants a raise in the SALT Cap and states “there's really no other way to do it” when referring to placing it in the Reconciliation Bill Congress is working on.

The letter to federal regulators warns the TRUMP meme coin opens up covert foreign influence, urging regulators to answer the call.

A newly established Presidential Working Group on Digital Asset Markets will work to develop a federal regulatory framework governing digital assets and consider the creation of a “strategic national digital assets stockpile.

Today, the Securities and Exchange Commission (SEC) has pulled the plug on Staff Accounting Bulletin No. 121 (SAB 121), a rule that had tied crypto companies in regulatory knots since 2022.

The co-founder of Ethereum, Vitalik Buterin, has expressed his concerns over the increasing number of political tokens and their potential use as a tool for bribery. In his recent post, Buterin pointed out the possible adverse effects of such tokens particularly when they are linked to powerful politicians.

Binance Labs has officially rebranded as YZi Labs and expanded its investment scope to include artificial intelligence (AI) and biotechnology, according to a Jan. 23 statement shared with CryptoSlate. YZi Labs aims to foster groundbreaking projects in Web3, AI, and biotech while identifying potential synergies across these sectors.

Taiwan will allow banks to issue stablecoins like USDT and USDC by June 2025 with FSC licensing. New AML regulations for virtual asset service providers take effect in January 2025, requiring strict compliance and registration.

The pre-authorization for Okx brings it closer to obtaining a complete MiCA license after establishing a dedicated MiCA hub in Malta. Okx Inches Closer to Full MiCA License Okx Exchange has announced the receipt of Markets in Crypto-Assets Regulation (MiCA) pre-authorization for Virtual Financial Assets (VFA).

Trump-era CFTC leadership appoints Harry Jung, former Citigroup executive, to advance the agency's digital assets agenda.

Coinbase rolled out the newest State of Crypto report. The study was conducted by Ipsos.