FBI Sting Reveals Bitcoin Scheme Behind Counterfeit Goods Network
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Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday. Between August 2020 and February 2021, Joseph conducted transactions, including a $25,000 cash-to-bitcoin exchange, for an undercover agent who claimed involvement […]

Russia Approves Crypto Tax Law, Redefining Digital Currency Rules
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Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house of parliament, approved a government-initiated bill outlining the taxation framework for digital […]

Ripple Drops $25M to Champion Crypto-Friendly Policies
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Ripple boosts Fairshake with another $25M, amplifying its push for crypto-friendly policies and challenging regulatory overreach to solidify its leadership in innovation advocacy. Ripple Doubles Down on Fairshake With Third $25M Contribution Ripple has reaffirmed its dedication to fostering innovation-friendly policies by contributing $25 million to Fairshake, a bipartisan Super PAC supporting pro-crypto candidates. CEO […]

Ethereum Explodes With 10% Gain—Is Altcoin Season About to Ignite?
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As bitcoin enjoyed a bit of a lift on Wednesday, ether (ETH) stole the spotlight by jumping more than 10% in just 24 hours. The second-largest cryptocurrency now claims over 13% of the $3.33 trillion total market cap. Ether’s $47B Volume Surge Sparks Wild Speculation—$7,500 Next? Bitcoin (BTC) gained 4.4% against the U.S. dollar in […]

Ripple Invests in XRP ETP as Crypto Demand Explodes Globally
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Ripple’s investment in the Bitwise Physical XRP exchange-traded product (ETP) underscores XRP’s rising prominence, driven by surging institutional demand. Ripple Invests in XRP’s Future With Bold Bet on Bitwise ETP Ripple announced its investment in the rebranded Bitwise Physical XRP exchange-traded product (ETP) on Wednesday, signaling its commitment to expanding access to XRP in institutional […]

FCA Prepares to Regulate Crypto as Awareness Climbs to 93%
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The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information. Alarmingly, 10% of buyers admitted to […]

Proposal Filed With SEC to Transition Bitwise Crypto Fund to Exchange-Traded Product
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Bitwise Asset Management has taken a bold step forward by filing to list its Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP) on NYSE Arca. This move sets the stage for what could be a transformative chapter for the well-known and diversified cryptocurrency investment vehicle. Bitwise Proposes Uplisting Crypto Index Fund to […]

Stocktwits and Spot.dog Partner to Simplify Solana Meme Coin Purchases
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Solana has become a hub for meme coins and the addition of convenient payment options by Stocktwits could accelerate their adoption. Buying Solana Meme Coins Just Got Easier Stocktwits, a social platform for traders and investors has teamed up with Spot.dog to make buying Solana meme coins easier than ever. According to an announcement on […]