November, 2024

November, 2024

UK to introduce comprehensive crypto regulations in 2025 as global competition heats up
The UK is set to unveil a comprehensive crypto regulatory framework in early 2025, with plans to address oversight challenges for stablecoins, staking, and other digital asset services. The announceme...

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ
The Department of Justice (DOJ) recently unsealed charges against five alleged scammers for running a crypto phishing scam that cost victims millions of dollars. According to a new press release from ...

Texas Judge Tosses SEC’s Controversial ‘Dealer Rule’ After Lawsuit From Crypto Groups
A Texas judge tossed the Securities and Exchange Commission’s (SEC) controversial “dealer rule,” handing crypto stakeholders a regulatory victory. Earlier this year, the SEC adopted a new rule r...

Trump Electoral Win a ‘Massive Game Changer’ for Crypto, Says Bitwise CIO Matt Hougan – Here’s What He Means
The chief investment officer of crypto asset management firm Bitwise says that Trump’s landslide electoral win against Kamala Harris is a game changer for the crypto industry. In a new interview on ...

Bankrupt Crypto Exchange FTX Set To Begin Paying Creditors and Customers in Early 2025, Says CEO
The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments soon. In a statement, John Jay Ray III says payments to FTX creditors and customers will begin early...

Crypto Giants Scramble for Spot on Trump’s Promised Advisory Board: Report
Blue-chip crypto firms are reportedly scrambling to obtain a spot on President-elect Donald Trump’s promised advisory board. According to a new report by Reuters, US crypto industry giants – inclu...

FLOKI Flourishes As Coinbase Adds Support for Dogecoin (DOGE)-Rivaling Memecoin
A dog-themed meme asset that rivals Dogecoin (DOGE) and Shiba Inu (SHIB) is flourishing after gaining support from top US-based crypto exchange platform Coinbase. In a new thread on the social media p...

Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
The U.S. is working to keep the dollar as the dominant currency in global usage at a time when new cross-border payment arrangements are emerging, Department of the Treasury Assistant Secretary for I...

Main Street Lending Program Borrowers Challenged by High Interest Rates
The Federal Reserve’s pandemic-era Main Street Lending Program reportedly had $1.23 billion in interest and principal payments in default as of Oct. 31. The program delivered $17.5 billion in loans,...

Fraudsters Shift Tactics to Customers, Challenging Financial Institutions to Innovate
With financial institutions (FIs) fortifying their defenses and evolving their strategies against digital payment fraud, criminals are turning to a new weak spot: the customers themselves. Gone are th...

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