Binance founder and former CEO Changpeng “CZ” Zhao asked crypto platforms to adopt a “will function” to enable users to distribute their digital assets in the event of their death. “This is a topic people […]
US Senate passed the “GENIUS Act” (68-30) to create a regulatory framework for stablecoins. The bill requires stablecoins to be backed by liquid assets and issuers to disclose reserves monthly. This is a major milestone […]
Former Celsius CEO Alex Mashinsky has agreed not to claim any assets from the Celsius bankruptcy proceeds. In a motion filed on Monday, the United States Bankruptcy Court for the Southern District of New York […]
Marc Andreessen, co-founder of the Andreessen-Horowitz venture capital (VC) firm, said that the current race to establish dominance in the artificial intelligence sector is analogous to the Cold War between the United States and the […]
Brazil has ended its tax exemption for small-scale crypto profits, introducing a 17.5% flat rate on all capital gains from digital assets. The new rule was announced under Provisional Measure 1303 as part of the […]
The US Securities and Exchange Commission (SEC) has announced several new hires, including those with experience in the cryptocurrency and blockchain industry. In a Friday notice, the SEC said Jamie Selway would join as the […]
The alleged operators of My Big Coin have been ordered to pay around $25.8 million in fines to the Commodity Futures Trading Commission for their roles in the crypto scheme. The CFTC said on Wednesday […]
DeFi Development Corp has run into a minor setback on its quest to raise $1 billion to buy more Solana after the US Securities and Exchange Commission knocked back its S-3 filing. The Nasdaq-listed firm […]
Republican Representative William Timmons has asked US Securities and Exchange Commission chair Paul Atkins to turn over documents on the agency’s historical treatment of Ether under its Biden-era chair, Gary Gensler. Timmons asked Atkins in […]
Five men have pleaded guilty to their roles in a $36.9 million international crypto scam scheme that targeted Americans, with funds ultimately being sent to a crypto scam center in Cambodia. Crypto scammers funneled stolen […]
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