Senator Lummis confirms Bitcoin Act as US policy for 2025 crypto market
Senator Lummis confirms the Bitcoin Act remains key for US policy, involving BTC, blockchain, and a $1.5 trillion crypto market by 2025.
SEC delays spot Solana ETF decision to October 2024
SEC delays spot Solana ETF decision to October 2024, affecting SOL price and crypto markets. Grayscale and VanEck await regulatory approval.
New York Assembly proposes 0.2% tax on Bitcoin and NFT transactions in 2024
New York Assembly proposes 0.2% excise tax on crypto and NFT transactions, affecting Bitcoin and Ethereum traders, with potential $50M annual revenue.
3000 Bitcoin mining rigs seized in Tajikistan and Kazakhstan in 2023
Illegal Bitcoin mining surges in Tajikistan and Kazakhstan, with 3000 rigs seized in 2023, costing governments $50 million in lost revenue annually.
Bitcoin designated US Treasury reserve asset with MicroStrategy holding 190,000 BTC
MicroStrategy’s Michael Saylor announced Bitcoin as a US Treasury reserve asset, holding 190,000 BTC, valued at $8 billion, alongside Tesla and Square.
BPI says GENIUS Act loopholes risk $17T banking sector with stablecoin yields
BPI warns GENIUS Act loopholes let stablecoins like USDT and USDC offer 5% yields, threatening traditional banks and $17T deposits.
Hong Kong SFC requires 98% cold storage for crypto exchanges by 2025
Hong Kong SFC enforces stricter custody rules for crypto exchanges like Binance and OKX under ASPIRe, requiring 98% cold storage by 2025.
DOJ seizes $300M in crypto from fraud schemes involving Binance
Authorities seized $300M in crypto tied to fraud; Binance and Tether transactions flagged; DOJ reports 12 arrests in global crackdown on financial crimes.
Czech police arrest trafficker in $12M Bitcoin fraud case involving Europol
Czech police arrested a convicted trafficker tied to a $12M Bitcoin scandal involving Europol and Binance, marking a major crypto crime breakthrough.
South Africa enforces crypto flow rules for Bitcoin and Ethereum in 2024
South Africa plans to regulate cross-border crypto flows, affecting Bitcoin and Ethereum. The move follows a 30% rise in crypto transactions in 2023.
