Why are Republicans assisting Dick Durbin in weakening Trump’s crypto legislation?
Sen. Durbin Revisits Credit Card Competition Law Fifteen years back, Sen. Dick Durbin (D-Ill.) slipped some amendments into a law that surprisingly benefited major retailers like Walmart and Target to the tune of $90 billion. Now, he seems poised to try something similar again, this time seeking Republican support. Meanwhile, President Trump has made his […]
Crypto CEO faces allegations of laundering $500 million tied to sanctioned Russian banks
Cryptocurrency Founder Charged with Money Laundering Brooklyn federal prosecutors have brought charges against the founder of a US-based cryptocurrency payments company, alleging involvement in a complex international money laundering operation that funneled over $5 billion for licensed Russian banks and other entities. Iurii Ggnin, a 38-year-old Russian national residing in Manhattan, was arrested and taken […]
Bitcoin Preparing for New Price Surge Following Successful Test of Key Support Level, According to Crypto Analyst
Bitcoin Shows Potential for Price Rise, Says Analyst Crypto analyst Rekt Capital has stated that Bitcoin (BTC) is looking bullish after it successfully retested a strong support level. In a message to 548,000 followers on social media platform X, Rekt Capital indicated that Bitcoin is on the verge of entering an “upward trend in price […]
Crypto executive operated a secret channel for illegal funds, according to the DOJ.
Crypto Founder Arrested for Fraud The founder of a cryptocurrency company, Evita Pay, has been arrested in New York for allegedly trying to gather around $530 million from a licensed Russian bank in the U.S. This move supposedly allowed Russian clients access to highly sensitive American technology. Iurii Gugnin faces a 22-count indictment, which includes […]
Democrats are becoming more engaged with the crypto industry despite divisions within the Trump camp.
Crypto Tensions in Washington Washington (AP) – As President Donald Trump expands his presence in the cryptocurrency world, planning a private dinner with top investors at his golf club, Democrats are rallying together, condemning what they see as clear corruption from the White House. However, the connections of Democratic leaders to the burgeoning crypto industry […]
Crypto Kidnappings Spark Fresh Security Initiatives
A variety of pressures, particularly from cryptocurrency executives, has led to the implementation of some fresh security measures. As reported, Didi Taihuttu, the leader of the so-called “Bitcoin Family,” revealed that he has made significant security changes for his family following a series of threats. He mentioned this during a conversation with CNBC on June […]
To Enjoy the Advantages of Tokenization, Rules for Accredited Investors Need to Be Updated: Robinhood Crypto GM
Simply put Johann Kerbrat from Robinhood suggests that changing investor certification rules could boost the growth of tokenization in the U.S. As it stands, current regulations keep 90% of U.S. investors from investing in early-stage companies within the chain. This year, Kerbrat formally advised the SEC to include a knowledge base and self-certification aspects in […]
Analyst Reveals Updated Record Price Target for Bitcoin This Month, Indicates New Bubble Emerging in Crypto
Bitcoin Predictions and Market Analysis Analysts known for accurately predicting the November 2021 Crypto Bull Cycle Top are now suggesting that Bitcoin (BTC) could reach a new record high this month. Pseudonymous analyst Pentosi, with over 866,000 followers on social media platform X, recently shared his weekly Bitcoin charts, indicating that demand for BTC is […]
Crypto firms that have been removed from Singapore might struggle to find safety in other places.
End of Regulatory Loophole for Crypto Companies in Singapore The recent orders for unlicensed crypto firms in Singapore to cease services for overseas clients signal a significant shift in the regulatory landscape of the blockchain industry. A directive issued by the Singapore Monetary Authority (MAS) on May 30th requires crypto companies servicing foreign markets to […]
Crypto Treasury Firms Are Optimistic About Bitcoin and XRP. But Avoid Investing.
Understanding Cryptocurrency Treasury Strategies Startups are increasingly adding Bitcoin and XRP to their balance sheets for various reasons. However, it’s uncertain whether shareholders are actually seeing any value from this. Many believe that directly owning these cryptocurrencies might be a safer choice. Take MicroStrategy, for example, well-known for its Bitcoin Treasury strategy—buying crypto and keeping […]