The United States authorities shutdown has entered its thirty eighth day, marking the longest in historical past, as the Senate prepares for a vital vote on a brand new funding invoice that might decide when Washington reopens. The political impasse has halted progress on key legislative priorities, together with the long-anticipated crypto market construction invoice…
Samourai Wallet developer Keonne Rodriguez acquired the utmost sentence of 5 years in jail for his position within the digital asset scheme on Thursday. Keonne Rodriguez Receives Five-Year Sentence According to Inner City Press reporter Matthew Russell Lee, Southern District of New York Judge Denise Cote slapped Rodriguez with 60 months in federal prison adopted…
Scams make up the majority of illicit activity in the cryptocurrency sector. Findings from the Federal Bureau of Investigation (FBI) present that U.S. citizens lost $9.3 billion to crypto scams last year. The rise of synthetic intelligence (AI) has solely made this worse. According to blockchain analytics agency TRM Labs, there was a 456% increase…
The week in crypto regulation was a rollercoaster, marked by courtroom drama, political shifts, and high-level debates about the way forward for Bitcoin in authorities coverage. From the Samourai Wallet founders dealing with jail to Zohran Mamdani’s win, which might imply stricter guidelines in New York City, the worldwide dialog round digital belongings continues to…
Dollar-pegged stablecoins are transferring from buying and selling instruments to retail merchandise in economies dealing with inflation and weak currencies. Two current incidents body the shift: Tether continues allocating a share of profits into Bitcoin, whereas OKX launched a high-yield stablecoin pockets and card in Brazil that converts reais to greenback tokens. Together, these strikes…
Australia’s monetary regulator has warned that the nation dangers falling behind as blockchain-driven tokenization reshapes international markets, urging swift motion to modernize laws and embrace innovation. Speaking at the National Press Club in Canberra on November 5, Australian Securities and Investments Commission (ASIC) Chair Joe Longo stated tokenization, the method of turning real-world belongings into…
Crypto apps at the moment are outearning the blockchains that energy them, marking a serious shift in how worth flows throughout the crypto ecosystem. Following Ethereum’s breakthrough in enabling decentralized applications, numerous protocols emerged to help area of interest use circumstances. However, as the business matures, totally developed blockchain-based purposes have gotten the major drivers…
Kazakhstan plans to set up a nationwide cryptocurrency reserve fund valued between $500 million and $1 billion by early 2026, in accordance to a Bloomberg report. The initiative marks certainly one of Central Asia’s boldest steps towards integrating digital belongings right into a state-managed funding portfolio—although authorities say the fund will take a cautious method,…
The yr 2035 will not be merely one other date on the calendar; it’s the inflection level the place the guarantees of blockchain, Artificial Intelligence, and immersive digital environments totally converge with conventional finance. We are transferring past easy digital transactions and in the direction of a programmable, clear, and hyper-personalized world financial system. The…
Japan’s Financial Services Agency has officially endorsed a joint stablecoin pilot initiative involving Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group. The regulator on Friday mentioned that it will present assist as the primary challenge beneath the Payment Innovation Project (PIP). PIP is a newly established initiative by the regulator to…