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Crypto Promoter Hit With New Indictment Over $1.8 Billion HyperFund Case

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Crypto promoter Rodney Burton, popularly known as “Bitcoin Rodney,” is facing new charges for his alleged role in the $1.8 billion HyperFund pyramid scheme. This development comes almost two years after the US Department of Justice brought criminal charges against two of the co-founders of the crypto Ponzi scheme. In January 2024, the US DOJ […]
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Crypto Regulation: European Commission Proposes Single Oversight Regime

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The European Commission has moved to allocate the supervision of crypto companies and their activities under the sole jurisdiction of the European Securities and Markets Authority (ESMA).  This move will end the application of different regulatory styles in several member states operating under the EU’s Markets in Crypto-Assets regulation (MiCA). Related Reading: Key Updates On […]
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Japan Reshapes Its Crypto Framework as Regulation Moves Under Securities Law For The First Time

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The crypto market is entering a decisive moment as Bitcoin and most major altcoins continue to face intense selling pressure, with investors increasingly capitulating and locking in losses. Short-term holders are realizing losses at historic levels, while liquidity thins across spot and derivatives markets. Yet, amid this downturn, a new development from Japan introduces a potential […]
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CFTC Chairmanship: Trump Taps SEC’s Michael Selig For Top Role – Details

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US President Donald Trump has selected Michael Selig to lead the Commodity Futures Trading Commission (CFTC) in a major development on Friday. This move adds to the long list of positive actions by the Trump administration targeted at providing regulatory clarity for the crypto industry. Related Reading: Solana Staking ETF Moves Closer To SEC Approval […]
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Crypto Tax Crackdown Intensifies As UK Regulator Sends 65,000 Letters To Evaders — Details

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According to a recent report, the United Kingdom tax authority has sent out tens of thousands of “nudge letters” to individuals suspected of owing or underreporting taxes on their crypto asset gains. This move reflects the increased tax scrutiny of cryptocurrency investors around the world over the past year. UK Tax Regulator To Obtain User […]
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US Senate Push for DeFi Restrictions Raises Fears of Crypto Market Slowdown

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A leaked draft from the US Senate Banking Committee Democrats outlines an aggressive approach to decentralized finance (DeFi), proposing that any person or firm “designing, deploying, operating or profiting from a DeFi front-end” be regulated as a broker and register with the SEC or CFTC. Related Reading: Ripple Execs Meet Luxembourg’s Finance Minister: A Deal […]
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Stablecoin Crackdown: European Central Bank Gathers Backing For Joint Issuance Ban

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The European Central Bank (ECB) is reportedly gaining traction in its pursuit of a ban on multi-issuance stablecoins across the European Union (EU). This move comes in light of recommendations from the European Systemic Risk Board (ESRB), which is tasked with safeguarding Europe’s financial integrity. Multi-Issuance Stablecoins Under Fire Last week, the ESRB approved a […]
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Ripple CEO’s Past Words On XRP’s Utility Resonate Today As Community Awaits ETF Decision

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Ripple CEO Brad Garlinghouse’s comments have long emphasized that the value of XRP is rooted in its utility in the financial world rather than speculation or replacing traditional finance as a whole. One of such comments was made in an old interview which has resurfaced to catch the eye of some XRP investors on the […]
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Bank Of Italy Seeks Rules For Multi-Issuance Stablecoins, Australia Offers Exemptions

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On Thursday, a senior Bank of Italy official urged uniform standards to protect users as stablecoins position to go mainstream toward global traditional finance markets. Australia has also granted regulatory relief to stablecoin intermediaries, exempting them from holding separate financial services licenses when distributing these assets. Uniform Standards In Stablecoin Regulation During a speech at […]
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New US Crypto PAC With $100 Million Fund: Three Essential Priorities Outlined

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A new pro-crypto political action committee (PAC) has been established in the United States amid increased favorable legislation surrounding digital assets in the country under President Donald Trump’s second term in the White House.  $100 Million To Boost Pro-Crypto Candidates The Fellowship PAC, unveiled through a press release on Monday, has pledged over $100 million […]