Japan approves first yen-backed stablecoin in fall 2023, reshaping digital currency policy.
Japan will approve its first yen-backed stablecoin in fall 2023, involving entities like Mitsubishi UFJ and SBI Holdings, marking a pivotal shift in digital currency policy.
Grayscale submits Dogecoin ETF proposal to SEC for NYSE listing
Grayscale seeks SEC approval for a Dogecoin ETF, potentially listing DOGE on NYSE. The crypto asset has a market cap of $10 billion.
Norway and Kazakhstan crypto adoption rises 30% as Japan enforces strict 2023 regulations
Norway and Kazakhstan increased crypto adoption by 30% in 2023, while Japan maintained strict regulations. Bitcoin and Ethereum dominated trading volumes in both nations.
Do Kwon pleads guilty in TerraUSD case, trial March 2024
Do Kwon pleads guilty to fraud charges; TerraUSD collapse erased $40B. SEC cites violations; LUNA and MIR tokens affected. Trial set for March 2024.
SEC v. Ripple 2023 ruling shapes crypto regulatory landscape
The SEC v. Ripple case highlights regulatory challenges for XRP. Ripple’s Brad Garlinghouse noted a 2023 court ruling favored the firm. Crypto regulations remain uncertain.
Kraken suspends Monero deposits as Qubic secures 60% network dominance
Kraken halted Monero deposits following Qubic’s claim of 60% network dominance, impacting XMR privacy features and QUUBIC trading volumes by 15%.
Japan approves first yen-backed stablecoin in fall 2024 with Mitsubishi UFJ
Japan will approve its first yen-backed stablecoin in fall 2024, involving Mitsubishi UFJ and SBI Holdings, marking a key step in digital currency adoption.
FBI Warns of Fictitious Law Firms Providing Crypto Recovery Services
The FBI warned on June 12 about fake law firms offering crypto recovery services, naming Bitcoin BTC and Ethereum ETH. Losses exceeded $10 million.
US Treasury proposes digital ID for DeFi to tackle $24B crypto crimes
The US Treasury explores digital ID for DeFi to combat illicit finance, targeting $24B in crypto crimes by 2023, involving Ethereum and Chainlink.
Portugal, Malta, Singapore, UAE, Switzerland allow tax-free crypto in 2025
In 2025, Portugal, Malta, Singapore, UAE, and Switzerland offer tax-free crypto transactions. Portugal processes 1.2M crypto users, Malta hosts Binance operations.
