Category: Law of the Chain
-
IMF claims El Salvador is NOT buying Bitcoin but simply moving coins between wallets
IMF reports El Salvador’s Bitcoin holdings growth is due to wallet reorganization, not new purchases, contradicting government claims. The country holds over 6,200 BTC and is improving transparency.
-
Russia’s largest bank Sberbank to roll out Bitcoin, crypto custody services to catch up with global banks
Russia’s largest bank Sberbank plans to launch crypto custody services, aligning with the country’s evolving regulations to ensure digital asset safety and accessibility.
-
U.S. Crypto Week: Reg Shift With GENIUS & CLARITY Acts
U.S. Crypto Week highlights regulatory progress with the GENIUS, CLARITY, and Anti-CBDC Acts advancing in Congress, aiming to define digital assets and stabilize the crypto market.
-
Financial Titans Embrace Stablecoins: Bank Of America’s Move, Morgan Stanley’s Consideration | Bitcoinist.com
Major US banks like Bank of America and Citibank are exploring stablecoin launches amid favorable regulations. Bank of America confirms development but awaits client demand, while Citigroup and Morgan Stanley also show interest.
-
Court victory clears path for first Bitcoin mortgage in Australia
Block Earner won a court case against ASIC, enabling Australia’s first Bitcoin-backed mortgages. Borrowers can use Bitcoin as collateral while retaining ownership, with flexible repayment options.
-
Epstein, Antichrists & Dragons: Crypto Week in Congress Nearly Goes Off the Rails – Decrypt
Crypto Week in Congress faced unexpected chaos due to GOP infighting over Epstein and CBDC concerns, derailing key bills despite initial plans for major legislative progress.
-
Upbit at Risk of Historic $131.5B Fine: South Korean Lawmaker Drops Bombshell – Coinspeaker
South Korea’s Upbit faces potential $131.5B fine for 9.57M KYC violations, threatening market stability as regulators tighten crypto oversight under new protection laws.
-
Pakistan and El Salvador Team Up on Crypto — What It Means for the Best Presales Right Now
Pakistan and El Salvador form a crypto alliance to boost Bitcoin adoption, mining, and regulation. This partnership highlights global crypto trends and benefits top presales.
-
Rep. Josh Gottheimer says Democrats are giving good feedback on GENIUS and Clarity acts
Rep. Josh Gottheimer anticipates bipartisan support for the GENIUS and Clarity acts, which define stablecoins and clarify crypto oversight between the CFTC and SEC to protect consumers and foster innovation.
-
Crypto Clash: Warren Flags Economic Risk, CZ Defends Industry
Senator Elizabeth Warren warns crypto threatens the U.S. financial system, while ex-Binance CEO CZ argues all companies drive the economy, not just NYSE. Warren pushes for stricter crypto regulations.
