Author: Cointelegraph By Stephen Katte

Australia’s next federal election, set for mid-May, could be a key inflection point for institutional crypto participation, according to crypto exchange OKX Australia’s newly appointed CEO. Speaking to Cointelegraph, OKX Australia CEO Kate Cooper said one of her hopes for the upcoming election is the introduction of the crypto legislation that’s already been designed and…
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US authorities have sanctioned the operator of a shuttered online darknet marketplace, including his crypto addresses, which recently profited from Bitcoin price fluctuations.  Iran-based Behrouz Parsarad established the darknet marketplace Nemesis in 2021 and used it to facilitate the sale of drugs, false identification documents, professional hacking resources, and a variety of other illicit services…
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Australia’s finance watchdog has charged Brendan Gunn, the brother of Olympian breaker Rachael Gunn, for allegedly dealing with money suspected to be proceeds of crime while operating a fiat-to-crypto conversion company. In a March 5 statement, the Australian Securities and Investments Commission said Gunn was charged with one count of dealing with money that could…
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The US Senate has passed a resolution to repeal a Biden-era rule that would require decentralized finance (DeFi) protocols to report to the Internal Revenue Service (IRS). The Senate voted 70 to 27 on March 4 to approve a motion to repeal the rule that would expand existing IRS reporting requirements to include decentralized exchanges…
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Australia’s government is not currently considering a strategic crypto reserve, despite US President Donald Trump announcing the effort in the United States just days earlier.   US President Donald Trump announced on March 2 that the President’s Working Group on Digital Assets was directed to include XRP (XRP), Solana (SOL), Cardano (ADA), Bitcoin (BTC) and Ether…
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Crypto exchange Coinbase is seeking to discover how much the US Securities and Exchange Commission (SEC) spent on enforcement action against crypto firms.   Coinbase chief legal officer Paul Grewal said in a March 3 statement to X that the request under the Freedom of Information Act (FOIA) was submitted to the SEC to find out…
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Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000. Santiment’s social sentiment tracker found that traders’ discussions on various social media channels like X, Reddit and Telegram between Feb. 25 and 26 are “showing a very high…
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