Illinois enforces 2024 cryptocurrency rules with 30% compliance mandates on exchanges like Coinbase
Illinois Governor Pritzker enacted strict cryptocurrency regulations impacting exchanges like Coinbase and Kraken, reducing trading volume by 30% in the state.
Illinois mandates 200% crypto exchange collateral under new 2025 consumer protection law
Illinois Governor Pritzker signed SB1887, establishing Midwest-first crypto consumer protections including 200% collateral for exchanges and mandatory disclosures by 2025.
US Treasury targets crypto crime under GENIUS Act after $3.2B 2022 losses
The US Treasury seeks public input to address crypto crime via the GENIUS Act, targeting Bitcoin and Ethereum transactions, with $3.2B lost in 2022.
Coinbase DCG Kraken launch $5M crypto education nonprofit for policy reform
Coinbase, DCG, and Kraken launched a tax-exempt nonprofit, aiming to educate on crypto policies, with $5M initial funding from industry leaders.
SEC Delays Truth Social Crypto ETF Decision Amid Trump Financial Interest Scrutiny
The SEC postponed its Truth Social DWAC crypto ETF decision to November 2024, citing concerns over Trump’s $4 billion stake.
South Korea suspends crypto lending services as FSC drafts 2023 regulations
South Korea suspends new crypto lending services; FSC plans regulations. Bitcoin drops 5%, Ethereum follows. 20 exchanges affected by the halt.
South Korea’s stablecoin framework targets KRW-pegged assets in Q4 2023
South Korea plans a stablecoin framework by Q4 2023, affecting KRW-pegged assets like Terra and KLAY, with 60% of exchanges complying.
Illinois Governor Pritzker enacts crypto laws, counters Trump policy affecting 500K users
Illinois Governor Pritzker signed two crypto bills, criticized Trump’s policy, impacting 500K crypto users. Key entities: Bitcoin, Ethereum, Pritzker, Trump.
Federal Reserve Chair transition to impact Bitcoin regulation in 2024
Jerome Powell’s successor may influence Bitcoin’s regulatory path, with BTC currently at $43,000 amid Fed policy shifts and SEC scrutiny.
Judge dismisses CryptoZoo lawsuit against Logan Paul over $1.3M NFT sales
Judge supports Logan Paul in dismissing CryptoZoo lawsuit; case involved $1.3M in NFT sales; SEC and Texas regulators previously investigated the project.
