South Africa Central Bank Argues ‘Outdated’ Exchange Control Law Still Valid for Crypto Regulation – Legal Bitcoin News
The South African Reserve Bank appeals a High Court ruling that criticized its use of an outdated exchange control law for crypto regulation, defending its stance on cryptocurrency oversight.
SEC Wins $1.1M Crypto Fraud Case by Default Judgment
The SEC won a $1.1M default judgment against Keith Crews for allegedly defrauding investors with a fake crypto project called Stemy Coin. Crews was banned from future securities violations.
XRP Price Eyes $3 After Dubai Approves RLUSD, but Ledger Hits 8-Month Low News ETHNews
Ripple’s RLUSD stablecoin gains Dubai approval, boosting XRP price optimism. However, XRP Ledger activity hits an 8-month low, raising concerns about retail participation despite institutional interest.
Hong Kong to Introduce Crypto Derivatives Trading for Professional Investors – News Bytes Bitcoin News
Hong Kong’s SFC will allow crypto derivatives trading for professional investors to boost digital asset market growth while maintaining strong risk controls.
Donald Trump’s advisor Bo Hines meets Nayib Bukele as US eyes El Salvador’s Bitcoin strategy
Bo Hines, Trump’s digital assets advisor, met El Salvador’s President Nayib Bukele to discuss Bitcoin collaboration. The US may model its Strategic Bitcoin Reserve after El Salvador’s approach.
Moonpay Secures Bitlicense and Money Transmitter Licenses From New York Regulators – News Bytes Bitcoin News
Moonpay has obtained Bitlicense and money transmitter licenses from NYDFS, enabling full fiat-to-crypto services in New York and completing its U.S. regulatory coverage.
US seizes 145 domains, crypto linked to BidenCash dark web market
US authorities seized 145 domains and cryptocurrency tied to BidenCash, a dark web marketplace selling stolen credit cards and personal data. The operation targeted its infrastructure and financial flows.
SEC Wins $1.1M Judgment After Crypto Scam Defendant Defaults
The SEC won a $1.1M default judgment against Keith Crews for a crypto fraud scheme involving false claims about ‘Stemy Coin’ and stem cell technology, barring him from future securities violations.
France and Morocco Cooperate to Capture Alleged Crypto Kidnap Kingpin – Crypto News Bitcoin News
A 24-year-old Moroccan man was arrested for allegedly masterminding kidnappings targeting French cryptocurrency moguls, following cooperation between French and Moroccan authorities.
TRUMP Crypto Wallet Could Face Legal Challenges – Report
The Trump family denies involvement with the ‘official’ TRUMP crypto wallet announced by Magic Eden, threatening legal action over unauthorized use of the Trump name and branding.
