Crypto.com secures EU license to launch crypto financial derivatives

Crypto.com obtained a MiFID license to offer crypto derivatives in the European Economic Area, expanding its services following earlier MiCA approval and acquisitions.
World’s 8th largest economy proceeds toward Bitcoin reserve as Texas heads to final vote

Texas moves closer to creating a Bitcoin reserve as Senate Bill 21 passes its second House reading. The bill, with bipartisan support, would establish a Strategic Bitcoin Reserve, positioning Texas as a leader in crypto adoption among US states.
SEC’s Peirce says NFT royalties do not make tokens securities

SEC Commissioner Hester Peirce stated that NFTs with royalty mechanisms likely aren’t securities, comparing them to artist royalties in streaming platforms. Legal experts clarify this position isn’t new or controversial.
South Korea FSC Implements Strict KYC for Crypto Exchanges, Allows Selling of Crypto From June

South Korea’s FSC enforces strict KYC for crypto exchanges and non-profits starting June, allowing limited crypto sales to combat money laundering and market instability.
SEC charges Unicoin – $100M in alleged fraud exposed!

The SEC charged Unicoin and its executives with fraud, alleging they misled investors by falsely claiming $3B in sales and backing tokens with overvalued real estate assets.
Hawk Token Crash: Haliey Welch Speaks on FBI Investigation

Haliey Welch discusses her involvement in the Hawk Token scandal, revealing FBI and SEC investigations, her role as a paid spokesperson, and expressing regret to affected investors.
Dogecoin ETF Delayed Again: When Will SEC Say Yes? | CoinGape

The SEC has delayed its decision on Grayscale’s Dogecoin ETF application, affecting investor sentiment. The next decision date is June, but approval odds remain low, with higher expectations for 2025.
New York Mayor Eric Adams Moves to Launch Crypto Advisory Council

New York Mayor Eric Adams announced a crypto advisory council to boost fintech jobs and blockchain adoption, aiming to secure vital records and integrate crypto into city services.
Data Breach Nightmare: Coinbase Leak Could Result In Users ‘Dying’, Expert Warns

Coinbase confirmed a security breach exposing personal data of some users, including home addresses and account balances. Experts warn this could lead to physical violence against crypto holders, with potential life-threatening consequences.
South Korea eyes Won-backed stablecoin to curb capital flight – Details

South Korean presidential candidates propose Won-backed stablecoins and crypto ETFs to strengthen the economy and reduce capital flight, with plans for a Digital Asset Basic Act.