Stablecoins have been regulated in different ways across the globe, raising concerns about their viability and possibly putting up barriers for newcomers. Europe’s framework, Markets in Crypto-Assets (MiCA), varies significantly from the US’s GENIUS Act. Both are distinct from Hong Kong’s own stablecoin rules, which were finalized just two weeks ago. These three regulatory frameworks…
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The conviction of Tornado Cash co-founder and developer Roman Storm could set a “dangerous” precedent for developers and privacy, legal observers in the crypto space say. Storm was found guilty of operating an unlicensed money-transmitting business on Wednesday, Aug. 6. The crime carries a maximum sentence of five years. The jury could not reach a…
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While crypto adoption is spreading across the globe, companies operating in the industry have increasingly become the target of class-action lawsuits. According to a recent report from economic and financial consulting firm Cornerstone, the number of class-action lawsuits opened against crypto firms in the first half of 2025 has nearly matched last year’s total. Investors…
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The White House released its long-awaited report on crypto on Wednesday, detailing a number of policy recommendations that omitted a Bitcoin (BTC) reserve. The 166-page document provides recommendations for multiple aspects of the crypto industry, including banking policy, stablecoins and countering illicit finance. The report does mention the Strategic Bitcoin Reserve, insofar as it was…
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Crypto market analysts are optimistic as July winds to a close, and Bitcoin reserves on crypto exchanges are down 2% on the month. This is a bullish signal. A decrease in exchange reserves indicates people are taking their Bitcoin (BTC) off exchanges and holding it, anticipating the price to go higher. While 2% on the…
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Crypto custodians are reporting increased interest in their services amid the rising frequency of so-called “$5 wrench attacks” on cryptocurrency traders, investors and project leaders. In the last year, several high-profile wrench attacks — physical attempts to steal someone’s crypto — have targeted prominent investors and business executives in the blockchain industry. The crypto mantra…
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Despite promises from past prime ministers to turn the UK into a crypto hub, the UK is still cautious about regulating the crypto industry. In 2022, then Prime Minister Rishi Sunak promised to amend laws governing the crypto industry in the UK, making them friendlier to blockchain businesses. The rhetoric may have relieved entrepreneurs, but…
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The US Congress has concluded its Crypto Week with the passage of the GENIUS Act and is sending other bills to the Senate after successful votes and no small amount of deliberation. The US crypto industry was jubilant as the House of Representatives passed the GENIUS Act — the industry’s flagship stablecoin bill — and…
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Crypto is now at the center of the UK’s debate on campaign finance reform, with some members of parliament calling for a ban on crypto donations. Cabinet Office Minister Pat McFadden of the UK Labour Party told fellow MPs on July 14 that cryptocurrency donations to political campaigns should be banned. McFadden, who is a…
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Despite initial concerns about its effect on the European crypto industry, the Markets in Crypto-Assets (MiCA) regulation is proving a benefit to crypto customers and exchanges alike. The EU’s first regulatory package concerning cryptocurrencies has been in effect for almost 200 days, and since then, a number of prominent exchanges has set up operations on…
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