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Crypto Services Firm Admits To Wash-Trading Coin Created by Feds in Undercover Operation

Crypto Services Firm Admits To Wash-Trading Coin Created by Feds in Undercover Operation

A United Arab Emirates (UAE) crypto services firm will plead guilty to charges related to a wash trading scheme to lure investors into buying a token created by US law enforcement authorities. In a statement, the U.S. Attorney’s Office for the District of Massachusetts says crypto market maker CLS Global is facing charges following an […]

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Morgan Stanley CEO Says the Financial Giant Will Collaborate With US Regulators on Crypto Offerings: Report

Morgan Stanley CEO Says the Financial Giant Will Collaborate With US Regulators on Crypto Offerings: Report

The chief executive of banking giant Morgan Stanley reportedly says the firm is willing to work with US regulators on crypto offerings. According to a new report by CNBC, Morgan Stanley CEO Ted Pick is collaborating with regulatory agencies to see if it can further venture into the digital assets industry. As stated by Pick […]

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President Trump Touts Push To Make US the ‘World Capital of Artificial Intelligence and Crypto’

President Trump Touts Push To Make US the ‘World Capital of Artificial Intelligence and Crypto’

President Trump says he plans to make the US the global leader in artificial intelligence and crypto. In a new speech at the World Economic Forum (WEF), Trump touts his push to boost the nation’s energy production and manufacturing capabilities to trigger a new “Golden Age of America.” “Not only will this reduce the cost […]

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Senator Cynthia Lummis To Lead New Congressional Panel on Bitcoin and Crypto Assets

Senator Cynthia Lummis To Lead New Congressional Panel on Bitcoin and Crypto Assets

Pro-Bitcoin Wyoming Republican Senator Cynthia Lummis has been named the first-ever chair of a new Senate panel devoted to digital assets. The Senate Banking Committee panel will focus on passing bipartisan legislation that boosts the industry while protecting investors. Lummis says there will be a specific focus on market structure, stablecoins and a strategic Bitcoin […]

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Over Two-Thirds of People in Four Countries See Crypto As Solution to Outdated Financial System: Coinbase Study

Over Two-Thirds of People in Four Countries See Crypto As Solution to Outdated Financial System: Coinbase Study

US-based crypto exchange Coinbase has commissioned a study to understand how people in Argentina, Kenya, Philippines and Switzerland view crypto and blockchain technology as a means of improving their country’s financial system. The study, conducted by market research and consulting firm Ipsos, shows that the majority of adults in all four nations believe that the […]

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Government Sanctions on Tornado Cash Reversed by U.S. Courts in Landmark Ruling

Government Sanctions on Tornado Cash Reversed by U.S. Courts in Landmark Ruling

A new court ruling has reversed the sanctions placed on crypto mixer Tornado Cash (TORN) by the US government. According to a recent filing by the New Orleans-based U.S. Court of Appeals for the Fifth Circuit, the previous decision to place sanctions on the digital assets tumbler has been lifted. “It is ordered and Adjudged […]

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Donald Trump’s World Liberty Financial Becomes Top 0.1% Holder of Staked Ethereum After Massive Accumulation

Donald Trump’s World Liberty Financial Becomes Top 0.1% Holder of Staked Ethereum After Massive Accumulation

New data from crypto analytics platform Arkham reveals that President Donald Trump’s decentralized finance (DeFi) platform has become a top 0.1% holder of staked Ethereum (stETH) after gobbling up tens of millions of dollars worth of ETH. In a new thread on the social media platform X, Arkham says that World Liberty Financial (WLFI) – […]

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Utah Introduces Bill Allowing State Treasurer To Invest Public Funds in Crypto

Utah Introduces Bill Allowing State Treasurer To Invest Public Funds in Crypto

Utah is considering a new proposal to allow for the creation of a state crypto strategic reserve using public funds. Utah State Representative Jordan Teuscher, a Republican, has introduced a bill that would allow the state treasurer to invest public funds in digital assets like Bitcoin (BTC) and stablecoins. Says Teuscher, “Utah is proud to […]

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Donald Trump to ‘Imminently’ Sign Executive Orders Allowing Banks To Trade Crypto, Says Jeremy Allaire: Report

Donald Trump to ‘Imminently’ Sign Executive Orders Allowing Banks To Trade Crypto, Says Jeremy Allaire: Report

Circle chief executive Jeremy Allaire thinks President Donald Trump will enable banks to trade crypto assets. In a new interview with Reuters, Allaire predicts Trump will sign a flurry of executive orders (EOs) enabling banks to hold digital assets in portfolios, trade them and offer crypto services to wealthy customers. The CEO also says he […]

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‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

‘Insane Bubble’ Coming to Crypto Assets Amid Memecoin Bottoming Phase, According to Economist Henrik Zeberg

Economist Henrik Zeberg is outlining the path forward for memecoins and the broader crypto market. Starting with the wider crypto market, Zeberg tells his 174,400 followers on the social media platform X that the total market cap of crypto assets could increase by approximately 141% from the current level. “I think it will reach a […]

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