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New York senator proposes crypto task force
Feb 14,2025
A New York senator has introduced a bill to create a task force dedicated to studying the impact of cryptocurrencies in the state. The proposed legislation, known as the New York State Cryptocurrency and Blockchain Study Act, aims to assess how digit...
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Fed Governor backs stablecoin regulations
Feb 14,2025
Federal Reserve Governor Christopher Waller has called for a regulatory framework allowing both banks and non-banks to issue stablecoins. Speaking at a conference in San Francisco, he stressed that a well-defined approach is essential for stablecoins...
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Coinbase to relaunch in India after 2022 Setback
Feb 14,2025
Coinbase is making fresh efforts to relaunch its services in India after its failed attempt in 2022. The US-based crypto exchange is reportedly in discussions with Indian regulators, including the Financial Intelligence Unit, in a bid to secure appro...
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Lawmakers push for Michigan's crypto investment strategy
Feb 14,2025
Michigan has introduced a bill to create a strategic cryptocurrency reserve, joining 19 other US states exploring similar initiatives. The proposal, put forward by Representatives Bryan Posthumus and Ron Robinson, would allow up to 10% of the state's...
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South Korea moves to lift corporate crypto trading ban
Feb 14,2025
South Korea is set to gradually lift its ban on corporate cryptocurrency trading, according to the latest announcement from the Financial Services Commission. The phased approach will begin with law enforcement agencies, non-profits, universities and...
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Russia eyes digital rouble for welfare payments
Feb 13,2025
Russia is moving closer to using the digital rouble for welfare payments, with the government discussing its introduction despite concerns over adoption hurdles.Reports suggest the Central Bank, the Federal Treasury, and the Ministry of Finance are e...
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Crypto exchange Gemini secures key approval in Europe
Feb 13,2025
Gemini has taken a major step towards expanding in Europe after securing in-principle approval from the Malta Financial Services Authority. This pre-approval moves the crypto exchange closer to offering regulated investment services across the Europe...
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Six charged after Chicago family kidnapped for cryptocurrency
Feb 13,2025
A Chicago family and their nanny were kidnapped for five days in October by armed men demanding a ransom in cryptocurrency.The kidnappers stole$15 million in digital assets, including Bitcoin and Ether, and forced the victims to transfer funds from t...
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Hackers target Trump-linked crypto project with fake Barron meme coin
Feb 13,2025
Zach Witkoff, co-founder of the Trump-affiliated crypto project World Liberty Financial, had his X account hacked on Wednesday. The hacker used the account to promote a fake memecoin project involving Barron Trump, claiming that the news would soon b...
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Jerome Powell confirms US will not issue CBDC under his leadership
Feb 12,2025
Federal Reserve Chair Jerome Powell has confirmed that the US will not launch a central bank digital currency (CBDC) while he remains in charge. Speaking during a Senate Banking Committee meeting on 11 February, Powell assured lawmakers that under hi...
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Toyota to launch blockchain-powered security token bonds
Feb 12,2025
Toyota Financial Services is set to issue its first blockchain-powered security token bonds next month, marking a significant step in the company's embrace of blockchain technology. The offering will be a 1 billion yen ($6.6 million) unsecured bond, ...
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Klarna CEO signals a move into crypto
Feb 12,2025
Swedish payments giant Klarna is considering integrating cryptocurrency into its services, marking a potential shift in its approach to digital assets. CEO Sebastian Siemiatkowski recently hinted at the company's interest, asking his followers for id...
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