Germany’s Financial Intelligence Unit (FIU) reported a record increase in cryptocurrency-related suspicious activity reports (SARs) in 2024, even as the total number of filings declined. According to the agency’s annual report released on Tuesday in Cologne and published by...
The U.S. Securities and Exchange Commission (SEC), under the leadership of Chair Paul Atkins, is taking significant steps to foster blockchain innovation by proposing a new “innovation exemption” for onchain services. This proposal aims to provide conditional regulatory relief for...
The UK Insolvency Service has taken a significant step in modernizing its approach to asset recovery by appointing its first cryptocurrency intelligence specialist. This move comes as digital assets, such as Bitcoin and Ethereum, become increasingly prevalent in bankruptcy...
Société Générale-Forge (SG-Forge), the crypto division of French banking giant Société Générale, has unveiled a new stablecoin pegged to the U.S. dollar, marking its latest foray into the digital asset space. The stablecoin, named USD CoinVertible (USDCV), will be...
BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest exchange-traded fund (ETF) in history to surpass $70 billion in assets under management (AUM), according to data cited by Bloomberg ETF analyst Eric Balchunas. The milestone was reached in just...
The conversation around artificial intelligence is intensifying across the crypto space, with AI discussions now overshadowing crypto itself in online forums, according to blockchain analytics firm Santiment. In a post shared on June 9, Santiment revealed that from May...
Bybit is making significant strides in enhancing accessibility and innovation for its global user base. The platform today announced the launch of a new fiat deposit and withdrawal channel in Kazakhstan and simultaneously unveiled an industry-first direct minting and...
Ripple is significantly expanding its commitment to the Asia-Pacific (APAC) region, injecting over $5 million in additional funding through its University Blockchain Research Initiative (UBRI). This investment aims to cultivate next-generation blockchain talent and advance academic research across six...
Five individuals have pleaded guilty to their roles in a sprawling $36.9 million cryptocurrency fraud scheme that defrauded U.S. citizens and funneled the stolen funds to a scam hub in Cambodia, according to the U.S. Attorney’s Office for the...
South Korea’s ruling Democratic Party has introduced a groundbreaking bill to legalize the issuance of stablecoins by local companies, marking a major step forward for the country’s digital asset sector. The Digital Asset Basic Act, unveiled just days after...
