The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes […]
Photo by Benjamin Girette, Getty Images. Key Takeaways Ryan Selkis resigned as CEO of Messari after his tweets about Trump opponents caused controversy. Eric Turner has been appointed as the acting CEO of Messari following […]
Key Takeaways Block, the company behind Cash App, cites regulatory difficulties in the UK as a reason for the shutdown. Block has been heavily investing in partnerships and integrations for Bitcoin, Bitcoin Lightning, and mining […]
Screengrab from the ad, as posted by A. Westgate on X. Key Takeaways BlackRock will remove an ad featuring Thomas Matthew Crooks, the gunman from the Trump rally. The company expressed relief that Trump was […]
Turkey legalizes cryptocurrencies, defining them as “intangible fixed assets.” SPK permission required for crypto organizations, with strict regulatory oversight. Severe penalties for unauthorized activities, enhancing market security and compliance. In a landmark move, Turkey has […]
Cardano updates MiCA compliance indicators six months ahead of regulatory deadline. MiCA regulations focusing on stablecoins are already in effect since June 30. However, the broader MiCA regulations impacting crypto asset service providers are set […]
Paxful’s lack of AML led to regulatory breaches, prompting leadership changes. Artur Schaback pled guilty to failing to maintain AML and KYC programs at Paxful. Schaback faces up to 5 years in jail and a […]
Key Takeaways Binance plans to reduce its stake in Gopax from 72.6% to 10%. The stake sale is a response to governance structure demands by South Korean regulators. Share this article Binance is reportedly in […]
The US Marshals Service (USMS) has selected Coinbase Prime to safeguard and trade its large-cap digital assets. The custody services contract is valued at $32.5 million. This decision follows a comprehensive due diligence process by […]
US House voted 228-184 in favor of overriding President Joe Biden’s veto of H.J.Res. 109 on SAB 121. The vote however fell short of required two-thirds majority. The US House of Representatives has failed to […]
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