India Central Bureau of Investigation (CBI) has acted at the behest of the U.S. Department of Justice (DOJ) to freeze digital assets tied to a major bank impersonation scam in Florida. This move underscores the growing international cooperation in tackling cryptocurrency fraud and financial crimes. U.S. Leads the Investigation in $122,000 Bank Scam The case …
Hong Kong’s top financial regulator, Julia Leung, is reportedly set to receive another three-year term as the Chief Executive Officer of the Securities and Futures Commission (SFC), signaling continuity in the city’s efforts to revive its status as a global financial powerhouse. The decision has not been officially confirmed, and both the government and the …
Nigeria is rewriting its digital finance playbook as the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) team up to create a sustainable framework for digital currencies and crypto regulation. This collaboration marks a major policy shift under President Bola Tinubu’s administration, potentially redefining Nigeria’s place in the global digital asset …
Bitcoin (BTC) price extended its recent gains on Friday to almost retest its all-time high (ATH) around $124,128. The flagship coin gained around 3% on Friday to reach a range high of about $123,855, 1.3% shy of its ATH, before retracing to trade about $122k at press time. Bitcoin Price Gains on High-Leveraged Market The …
Nomura Holdings is planning to grow its presence in Japan’s fast-growing digital asset market. Its subsidiary, Laser Digital Holdings, is seeking regulatory approval to offer crypto trading services to institutional clients. CEO Jez Mohideen confirmed that Laser is in talks with Japan’s Financial Services Agency, showing Nomura’s confidence in the country’s growing crypto ecosystem. Japan’s …
The United States Securities and Exchange Commission (SEC) has been forced to extend its decision time on the Canary Litecoin ETF. With the ongoing partial U.S. government shutdown, the SEC is likely not in a position to make its final decision on the Canary Litecoin ETF set on Thursday October 2, 2025. Furthermore, the SEC …
The ongoing impasse between the two major political parties in the United States, which resulted in the government’s shutdown, is likely to continue. On Wednesday, Democratic Senators failed to back a vote to end the U.S. government shutdown. As such, crucial services in the United States government will continue to be affected. Moreover, the executive …
Brazil has a problem that might sound like a dream for crypto miners: it has too much clean electricity. Wind and solar farms are generating far more power than the grid can handle. In some cases, up to 70% of energy is going to waste, costing utilities nearly $1 billion over the past two years. …
Crypto treasury firms have been on the rise lately, attracting both investor attention as well as regulatory scrutiny. While adoption may be growing, not every rally is being welcomed. The SEC has been cracking down on companies experiencing sudden stock surges, especially around crypto announcements. QMMM Holdings Ltd, a digital advertising and marketing production service …
The Republic of Kazakhstan through the Ministry of Artificial Intelligence and Digital Development has announced a strategic investment in Binance Coin (BNB). Kazakhstan’s Alem Crypto Fund, which is managed by Qazaqstan Venture Group and registered within the ecosystem of the Astana International Financial Centre (AIFC), announced its first investment in BNB today. “The fund’s choice …
The sitting governor of New York Kathy Hochul has announced the departure of Adrienne Harris as the head of the Department of Financial Services (DFS). After four years of service at the DFS, Harris stepped down on Monday, September 29. “It has been a privilege and an honor to serve New Yorkers, delivering positive outcomes …
The United States Securities and Exchange Commission (SEC) has requested that spot crypto ETFs withdraw their 19b-4 filings. The U.S. SEC is ostensibly anticipating the fund managers seeking to offer spot Litecoin (LTC), XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) to withdraw their respective 19b-4 filings. Why Has the U.S. SEC Requested Fund Managers …
The Australian government has released draft legislation that would bring crypto firms under the same rules as traditional financial services. The proposal introduces a framework for new crypto products, aiming to strengthen oversight and protect investors. By aligning digital assets with established finance laws, authorities hope to build greater trust, stability, and clarity in the …
Brazil’s central bank (BCB) is moving to tighten oversight of the foreign exchange market with a new set of proposed rules. While the framework is primarily aimed at electronic forex platforms (eFX), the ripple effects could reach far beyond traditional finance—potentially reshaping how cryptocurrency exchanges operate in Brazil. New Oversight Rules for Brazil’s Forex Market …
The Commodity Futures Trading Commission (CFTC) has announced a new initiative focused on the mainstream adoption of stablecoins and blockchain technology. The acting CFTC chair Caroline Pham announced that the agency will unveil a new initiative to enhance the use of tokenized collaterals, led by stablecoins, in derivatives. According to the announcement, the new CFTC …
The cryptocurrency market has received new updates for the exchange-traded funds (ETFs). On Tuesday, September 23, Grayscale Investments received a green light from the United States Securities and Exchange Commission (SEC) regarding part of its ETF filing application. Hashdex, a highly regarded investment firm focused on crypto asset management, filed with the U.S. SEC to …
President Donald Trump concluded his much-awaited speech at the United Nations to world leaders. The pro-Bitcoin and crypto president of the United States did not make a direct statement about the digital asset industry. However, his speech will have a positive long-term impact on the Bitcoin and crypto space. What Were the Key Pillars of …
A group of Congress members have urged the United States Securities and Exchange Commission (SEC) to facilitate seamless crypto adoption. In a letter on Monday sent to the SEC, the group of lawmakers urged the agency to help implement President Donald Trump’s Executive Order (EO) dubbed Democratizing Access to Alternative Assets for 401(k) Investors signed …
The Commodity Futures Trading Commission (CFTC) is making major moves to influence the future of digital assets. It has announced the latest appointments to its Global Markets Advisory Committee (GMAC) and its subcommittees, tapping leaders from leading financial firms to help shape the future of crypto and digital asset markets. Wall Street Leaders Take Key …
A group of Democratic Senators has reaffirmed their commitment to working together with their Republican counterparts to pass the Clarity Act soon. According to a joint statement, the group of Senators from the Democratic Party requested the Republican Senators to agree to a bipartisan authorship process of the Crypto Market Structure legislation. “We hope our …
Australia has taken another step toward bringing crypto into the mainstream. The country’s financial watchdog, the Australian Securities and Investments Commission (ASIC), has announced that intermediaries distributing stablecoins will no longer need a separate license, as long as the tokens come from issuers already licensed under local laws. What the New Rule Means Stablecoins are …
The United States Securities and Exchange Commission (SEC) has approved generic listing standards for commodity-based exchange-traded products, including spot crypto ETFs. The generic listing standards eliminate the SEC’s traditional approval processes, which was lengthy under section 19(b) of the Securities Exchange Act of 1934. What are the Key Requirements for Crypto Assets to Qualify for …
Crypto leaders are heading to Capitol Hill Thursday to meet with the Senate Banking Committee They will discuss key regulatory issues and the future of digital assets in the U.S. This comes as lawmakers consider new proposals to bring more clarity to the crypto space. Hoskinson to Join Senate Crypto Roundtable In a recent post …
Starting in 2026, the UK’s Financial Conduct Authority (FCA) will officially regulate crypto firms, adapting traditional financial rules to fit the unique crypto market. The FCA plans to ease some standard requirements for crypto companies while tightening rules in areas like cybersecurity and consumer protection. This balanced approach aims to promote innovation, maintain market trust, …
The U.S. and the UK are preparing to work more closely on cryptocurrency regulations, a move that could reshape the future of global digital finance. According to the Financial Times, UK Chancellor Rachel Reeves and U.S. Treasury Secretary Scott Bessent discussed a joint framework for crypto rules during a high-level meeting in London. This signals …
Tuttle Capital, an investment adviser firm with over $3.6 billion in assets under management, has filed for the second-ever spot Bonk (BONK) ETF. According to the SEC filing, Tuttle Capital filed for a Bonk Income Blast ETF with the United States Securities and Exchange Commission (SEC). The fund manager filed with the SEC to offer …
Binance Holdings Ltd., the largest cryptocurrency exchange globally by daily traded volume and registered users, is nearing a major deal with the United States Department of Justice (DOJ). According to a report by Bloomberg, Binance is on the cusp of ending the three-year compliance monitoring if a deal is completed with the DoJ. At the …
The United States and the United Kingdom are exploring ways to cooperate on digital asset regulations and adoption. According to people familiar with the matter, who spoke to the Financial Times, the United Kingdom is seeking to close its crypto regulatory gap with the United States to foster mainstream adoption of digital assets. Furthermore, the …
President Trump has shared progress on trade relations in a latest post on Truth Social, hinting that a deal over TikTok may finally be within reach. This comes just days before the September 17 deadline for the app to meet U.S. ownership requirements. “The big Trade Meeting in Europe between the United States of America, …
The Bank of England’s (BoE) plan to limit how much stablecoin individuals and businesses can hold is drawing sharp backlash from crypto firms and industry groups. Critics warn the move could stifle innovation, push capital out of the U.K., and isolate the country from global standards. What the BoE is Proposing According to the Financial …