Treasury and IRS finish broker rules for DeFi, require KYC from protocols
The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker...
Regulation
Japan cracks down on unregistered crypto exchanges
Japan’s Financial Services Authority (FSA) plans to strengthen internal audit processes at financial institutions, including crypto exchanges. According to a...
South Korea Teams Up With US To Combat Crypto Heists and Efforts of North Korean-Linked Hackers: Report
The United States and South Korea are reportedly partnering in a joint research initiative aimed at strengthening protections against the...
Russian Companies Now Using Bitcoin (BTC) for Foreign Trade, According to Finance Minister: Report
The Finance Minister of Russia has reportedly confirmed that many companies in the country are now using Bitcoin (BTC) to...
Donald Trump Appoints Former College Football Player Bo Hines To Lead ‘Crypto Council’ Chaired by David Sacks
President-elect Donald Trump has appointed Bo Hines, a former Republican Congressional candidate, to serve as executive director of his new...
SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg
The Securities and Exchange Commission has charged a subsidiary of Jump Crypto, Tai Mo Shan Limited, with misleading investors about...
Coinbase believes tokenization, DeFi will be key themes in 2025 amid pro-crypto policies
Coinbase’s latest market outlook for 2025 identifies tokenization, DeFi resurgence, and a shift toward pro-crypto regulation in the US as...
EU’s upcoming crypto rules could impact liquidity due to USDT delistings
The EU’s imminent crypto regulations are raising alarms about potential disruptions to market liquidity as exchanges prepare to comply with...
JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $870,000,000 To Scammers on Zelle, Forcing Victims To ‘Fend for Themselves’: CFPB Lawsuit
Customers at JPMorgan Chase, Wells Fargo and Bank of America have collectively lost $870 million to scammers on Zelle in...
SEC Commissioner predicts early improvements for crypto ETFs under new leadership
Crypto exchange-traded funds (ETF) changes, such as in-kind redemptions and staking permission for Ethereum (ETH) products, are likely to happen...
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