US House Members Call for Investigation into Trump’s Memecoin Dinner A group of US House Representatives is calling for an investigation into a dinner hosted by Donald Trump for his top memecoin investors. The representatives are concerned about potential foreign influence and violations of the US Constitution’s emoluments clause. This news comes amid ongoing discussions…
Trump’s Memecoin Dinner: A Meeting of Crypto and Politics A recent dinner hosted by former US President Donald Trump at his Virginia golf course has stirred up quite a buzz in the crypto world. The exclusive event brought together the top 220 holders of the TRUMP memecoin for a meet-and-greet, sparking discussions about crypto policy…
US Seizes $24M in Crypto Linked to Qakbot Malware Developer The U.S. Department of Justice (DOJ) is making moves in the fight against cybercrime. They’ve filed a civil forfeiture complaint targeting Rustam Rafailevich Gallyamov, a Russian national accused of being the mastermind behind the Qakbot malware. The DOJ aims to seize over $24 million in…
CZ Zhao Denies WSJ Report Linking Him to Trump-Affiliated Crypto Project Changpeng “CZ” Zhao, the co-founder and former CEO of Binance, is pushing back against a recent report in The Wall Street Journal (WSJ) that suggests he played a key role in facilitating deals for World Liberty Financial (WLF), a decentralized finance project with ties…
Hyperliquid Supports 24/7 Crypto Trading in Comments to CFTC The decentralized finance (DeFi) landscape is constantly evolving, and regulatory bodies are increasingly paying attention. Hyperliquid, a decentralized perpetuals exchange, has recently submitted comments to the United States Commodity Futures Trading Commission (CFTC) regarding 24/7 derivatives trading. This move highlights the ongoing dialogue between crypto platforms…
Tether’s Stance Against MiCA: A Detailed Look The crypto world is buzzing about Tether’s decision to not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulation. MiCA is a comprehensive attempt to regulate the crypto space, with a significant focus on stablecoins like Tether’s USDT. But why is Tether, a major player in the…
Crypto Perpetual Futures Could Soon Be Trading in the US, Says CFTC Commissioner The United States might soon see crypto perpetual futures trading on its soil. According to outgoing Commodities and Futures Trading Commission (CFTC) Commissioner Summer Mersinger, regulatory approval for these products could be just around the corner. As reported by Cointelegraph, Mersinger highlighted…
US Senators Plan Amendment to Stablecoin Bill, Citing Trump’s Crypto Ties The United States Senate is currently debating the Guiding and Establishing National Innovation for US Stablecoins Act, also known as the GENIUS Act, aimed at regulating payment stablecoins. However, some high-ranking Democrats are planning to introduce an amendment to this bill due to concerns…
US Lawmaker Aims to Block Trump’s Crypto Activities with New Bill In a move to increase crypto regulation, California Representative Maxine Waters has announced plans to introduce a bill targeting former President Donald Trump’s involvement in the crypto space. The proposed legislation, named the Stop Trading, Retention, and Unfair Market Payoffs (TRUMP) in Crypto Act…
Senators’ Crypto Investments Under Scrutiny Amid Stablecoin Regulation Debate As the U.S. Senate grapples with stablecoin regulation, attention is turning to which senators have personal investments in cryptocurrencies and related firms. The recent vote to advance the GENIUS Act, aimed at establishing a regulatory framework for stablecoins, has intensified scrutiny, especially concerning potential conflicts of…
Stablecoin Bill Gains Momentum Amidst Crypto Regulation Discussions The crypto world is buzzing as a bill designed to regulate stablecoins in the U.S. gains traction. According to a recent CNBC report, David Sacks, a key advisor to President Trump on crypto and AI, believes the stablecoin bill is likely to pass the Senate with bipartisan…
Bipartisan Support Emerges for Blockchain Regulation Amid Crypto Industry Concerns In a notable development for the crypto space, a bipartisan effort is underway in the U.S. Congress to provide regulatory clarity for blockchain technology. As reported by Cointelegraph, the Blockchain Regulatory Certainty Act, reintroduced by Minnesota Representative Tom Emmer, aims to define that digital asset…
CFTC Commissioner Kristin Johnson Announces Departure Amid Regulatory Uncertainty The U.S. Commodity Futures Trading Commission (CFTC) is facing a potential leadership shakeup as Commissioner Kristin Johnson announced her plans to leave the agency before 2026. This news arrives amidst ongoing debates about the future of crypto regulation and the roles of agencies like the CFTC…
The former CEO of SafeMoon, Braden John Karony, has been found guilty on multiple felony charges, marking a significant development in the ongoing scrutiny of crypto companies and their executives. The verdict, delivered by a New York jury, underscores the increasing regulatory pressure within the cryptocurrency space. This Uncategorized event is a crucial point for…
Donald Trump’s foray into the world of memecoins has stirred significant controversy, drawing criticism from lawmakers and advocacy groups alike. A planned dinner with top holders of his “Official Trump” (TRUMP) memecoin has become a focal point, raising concerns about potential conflicts of interest and the sale of access to the former president. This situation…
Navigating the world of cryptocurrency can be exciting, but it also comes with its own set of challenges, especially when it comes to accounting. Keeping track of your crypto gains and losses is crucial for accurate tax reporting and maintaining a clear picture of your financial health. This is particularly important for crypto investors and…
Hong Kong is making significant strides in the digital asset space. The Legislative Council has officially passed the Stablecoin Bill, setting the stage for a regulated environment for stablecoins and potentially positioning Hong Kong as a key player in the global Web3 landscape. This move signals Hong Kong’s ambition to become a hub for crypto…
