The SEC is set to begin overhauling its cryptocurrency policies under Trump's administration, with Republican commissioners planning to review enforcement cases and develop clearer guidelines for the industry, marking a shift from the agency's previous strict regulatory approach.
The explosive growth of AI agents demonstrates their rising popularity with their combined appeal of technical innovation and market influence.
Apple and Google have decided to remove apps developed by Huione Group from their marketplaces following allegations of their involvement in illicit activities. The removal from the app stores of these major tech giants ramps up Huione Group's mounting problems.
On Jan. 15, 2025, BitMEX, a prominent cryptocurrency exchange, was ordered to pay an additional $100 million fine for violating the U.S. Bank Secrecy Act (BSA) between 2015 and 2020.
NFT trading volumes saw a significant drop in 2024, falling by 19% to $13.7 billion, the lowest since 2020.
South Korea's regulatory industry for cryptocurrency continues to evolve, with authorities adopting a cautious approach to corporate investments in digital assets. On Wednesday January 15, the Financial Services Commission (FSC) hosted its second Virtual Asset Committee meeting, where it discussed the progress of new crypto investor protection laws.
Crypto scammers have shifted dramatically to Telegram-based malware attacks, showing a 2,000% increase since November 2023, leading to $2.3 billion in total crypto theft for 2024 through sophisticated verification bot scams and social engineering tactics.
The U.S. Securities and Exchange Commission (SEC) could see a shift in its approach to cryptocurrency enforcement under the incoming Trump administration.
Arkansas lawmakers have introduced Senate Bill 60 (SB 60), which takes a critical stance against crypto mining businesses near military facilities. Senator Ricky Hill and House Speaker Brian Evans proposed a bill on Jan.
Dubai's upcoming Crypto Tower will redefine blockchain innovation, offering on-chain transparency, AI-powered solutions, and cutting-edge facilities for Web3 startups and decentralized finance leaders.
Ledger's focus on India highlights its efforts to drive crypto self-custody adoption with secure, user-friendly hardware wallets.
In December, crypto trading on centralized exchanges hit $11.3 trillion, with spot volumes blowing past the May 2021 peak as volatility spiked.
The crypto world is abuzz as Bitcoin (BTC) breaks the $100,000 barrier pushing the global crypto market value to $3.5 trillion. Trading volume has jumped 25% to $158 billion, and the market keeps riding this wave of excitement.
The completion of the project is expected by 2027 and represents a milestone in Dubai's strategy to establish itself as the global capital of blockchain.
Asset management firm VanEck has filed for approval with the US Securities and Exchange Commission (SEC) to launch its “On-chain Economy” Exchange-Traded Fund (ETF).
The US House of Representatives has named the vice chair who will lead the Congressional subcommittee tasked in overseeing policies and proposed measures involving crypto.
Scam Sniffer initially raised the alarm about Telegram malware scams in December last year but says bad actors have since evolved tactics to snare new victims.
The Malaysian Prime Minister discussed cryptocurrency policies during his three-day official visit to the UAE. The country's regulator recently shut down local operations of Bybit.
Burwick claimed that the platform collected “hundreds of millions” of dollars in fees while it displayed anti-social acts.
A US law firm has urged those allegedly harmed by Pump.fun to step forward and support a potential legal case aimed at securing restitution.
The U.S. Department of Justice noted that BitMEX violated the Bank Secrecy Act by “willfully failing” to establish US AML rules. The post BitMEX Hit With $100M Fine Over Bank Secrecy Act Violations appeared first on Cryptonews.
The U.S. Securities and Exchange Commission (SEC) is set for a significant shift in cryptocurrency policy as President-elect Donald Trump appoints new leadership to the agency. On January 15, Reuters cited three sources familiar with the matter, reporting that senior Republican officials at the SEC may begin a comprehensive revamp of crypto regulations once Trump assumes office next week.
Crypto trading volume on centralized exchanges hit a new record in December, the same month Bitcoin breached $100,000 and clocked a new all-time high.
The bill includes military bases, camps, hospitals, clinics, and arsenals, and restricts crypto mining within a 30-mile radius of them.
Dubai developer DMCC is planning a 17-story Crypto Tower in Dubai, while a Bitcoin hotel in Tokyo is set to open its doors later this year.
The financial industry is experiencing a transformative moment as it navigates the intersection between traditional financial systems and emerging blockchain technology.
Senator Tim Scott of South Carolina assumed the chairmanship of the Senate Banking Committee. The Committee's actions will be closely monitored by stakeholders in the crypto industry.
A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation.
2024 saw nearly $41 billion worth of illicit crypto volume, but that could climb to around $51 billion as more criminal-tied addresses are found, Chainalysis says.
VanEck's new fund seeks to invest 80% in blockchain firms and instruments through a Cayman Islands subsidiary.
The total liquidations between Jan. 14 and Jan. 15 reached $201.87 million, with a skewed distribution favoring short positions. Data from CoinGlass showed that 74,152 traders were liquidated during this period, showing that yesterday's price spike caught many traders off guard.
A popular crypto strategist thinks an altcoin in the decentralized finance (DeFi) space looks strong against the US dollar and Bitcoin (BTC). Pseudonymous analyst Bluntz tells his 308,500 followers on the social media platform X that DeFi lending platform Aave (AAVE) is flashing multiple bullish signs on the eight-hour chart.
HDR Global Trading, BitMEX's parent company, faces a $100M penalty for BSA violations, while its founders previously settled separate charges for $10M each.
Only 0.4% of the 14 million crypto wallets that have interacted with Pump.fun have made a profit of over $10,000 — indicating that Burwick's client base may be in the millions.
Pump.fun is facing a lawsuit from Burwick Law, which is acting on behalf of investors who lost “significant amounts of money” on the platform. The law firm has invited Pump.fun users to file an intake form and join the legal battle.
TradFi is moving on-chain, with platforms like Clearpool's Ozean embracing tokenization amid institutional adoption.
The U.S. Securities and Exchange Commission (SEC) is delaying its decision on asset management firm Bitwise's proposed crypto index exchange-traded fund (ETF) to March of this year.
Illicit cryptocurrency activity reached significant levels in 2024, with $40.9 billion directed to wallets linked to criminal activities, according to the latest report from Chainalysis. As blockchain systems continue to mature, malicious actors are adopting increasingly sophisticated techniques and refining their operations into organized ventures.
As President-elect Donald Trump prepares to take office, the U.S. Securities and Exchange Commission (SEC) signals a shift in cryptocurrency regulation. Republican commissioners Hester Peirce and Mark Uyeda are expected to lead efforts in reassessing policies, potentially easing previous enforcement actions. The post U.S. SEC to Review Cryptocurrency Cases After Trump Takes Office: Reuters appeared first on Cryptonews.
The US Department of Justice announced on Jan. 15 that BitMEX and its parent company, HDR Global Trading Limited, have been fined $100 million for violating the Bank Secrecy Act (BSA). The firms pleaded guilty to the violations in July 2024 after a lengthy legal process.
Emmer aims to guide U.S. digital assets with American values, pushing for regulations that support innovation and consumer protection.
Two of the three Democratic commissioners at the SEC will be leaving before Donald Trump takes office on Jan. 20.
Senate Banking Chair Tim Scott outlines crypto regulation and consumer protection as key priorities in his 2025 agenda. The post US Senate Banking Chair Tim Scott to prioritize crypto regulation in new agenda appeared first on Crypto Briefing.
Vitalik Buterin showcased Soneium as a bull case for business usage of L2. Despite being able to blacklist tokens, Soneium remains transparent and the community can choose their approach to the new chain.
Cannes Mayor David Lisnard has unveiled plans to train local merchants on accepting cryptocurrency payments as the city prepares to host the Ethereum Community Conference later this year.
The Texas Blockchain Council is optimistic about Trump's comeback — but miners may face new difficulties in Texas.
Financial services titan Franklin Templeton is predicting artificial intelligence (AI) agents and the cryptocurrency ecosystem will continue to merge through ongoing innovation. The asset management firm says the development of AI agents, which are capable of performing tasks autonomously, is showing a high potential for crypto uses.