Czech Justice Minister Pavel Blazek resigned last month after the Justice Ministry auctioned off nearly 500 Bitcoin it received from a convicted online drug trafficker.
The SEC has withdrawn over a dozen rules the agency proposed under Joe Biden, including two crypto-related rules targeting DeFi and digital asset custody.
A staggering $25 million in penalties and restitution has been levied in a landmark federal court ruling, exposing a sham crypto project that duped investors with bogus claims of gold backing and market viability. CFTC Secures Judgment Against My Big Coin for Crypto Fraud Scheme The Commodity Futures Trading Commission (CFTC) announced on June 11 […]
The SEC is under fire from Better Markets for sidelining public rulemaking in crypto oversight, raising alarms over transparency failures and investor risks. SEC Accused of Undermining Public Accountability With Informal Crypto Policies Policy advocacy group Better Markets, a nonprofit organization focused on financial market reform and public interest protection, submitted a comment letter to […]
CFTC acting chair Caroline Pham says the agency won’t ease up on crypto just because the Trump administration has pledged to support the industry.
Bitgo has expanded XRP-related DeFi access by adding custody support for Flare and Songbird. The move enables institutions to securely store assets connected to the XRP ecosystem, with staking support planned. Bitgo Lights up Flare Support— XRP Institutions Get DeFi Infrastructure Digital asset infrastructure and custodian provider Bitgo announced on June 12 the addition of […]
Australia’s financial regulator alleges Glenda Maree Rogan told clients they were investing in a high-yield fixed-interest account but sent their funds to a crypto exchange listed as a scam.
Global financial stability faces a pivotal moment as crypto’s deepening ties with traditional finance drive urgent calls for regulatory overhaul. FSB Chair Warns of Crypto’s Systemic Risk, Demands Swift Global Action Financial Stability Board (FSB) Chair Klaas Knot sounded a warning on the expanding systemic implications of crypto assets during a keynote address at a […]
Bitcoin dipped below $104,000 on Wednesday, reaching an intraday low of $103,362 following reports of airstrikes in Tehran that unsettled global markets and triggered risk‑off sentiment. The cryptocurrency slid approximately 4.1% in the latest session, mirroring investor caution amid escalating Middle East tensions. In contrast, gold surged to $3,410 an ounce, up about 0.6% over […]
Stablecoins are projected to drive a sharp increase in demand for U.S. Treasurys and strengthen the dollar’s global dominance, with their market expected to surpass $2 trillion by 2028, according to the U.S. Treasury Secretary. US Treasury Sees Stablecoins as Strategic Dollar Expansion Tool Amid $2 Trillion Forecast U.S. Treasury Secretary Scott Bessent testified before […]
On Thursday, bitcoin slid into a steady decline, slipping beneath the $106,000 threshold and touching a fresh intraday low of $105,798. By 7:30 p.m. Eastern time on June 12, the top cryptocurrency had dropped 2.3% against the greenback. Bitcoin’s Slump Sends Waves Through $3.32T Crypto Market Overall, the mood stays gloomy, with bitcoin traders likely […]
USDC’s native launch on the XRP Ledger ignites a powerful new phase in cross-chain finance, unlocking real-time payments, seamless liquidity, and zero-bridge stablecoin integration. USDC Goes Native on XRP Ledger, Supercharging Its Blockchain Interoperability Financial technology company Circle Internet Group (NYSE: CRCL) announced on June 11 that its regulated stablecoin USDC is now available natively […]