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Ukraine, US Shut Down 9 Cryptocurrency Exchanges

[May 4, 2023 1:30 AM] Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from ransomware attacks and various…

U.S. SEC Changes Its Mind on Officially Labeling Digital Assets

[May 3, 2023 4:37 PM] The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it deleted what would have been its first formal definition of “digital asset” from its latest hedge fund rule.

Bitcoin Falls Slightly After Fed Rate Hike

[May 3, 2023 2:38 PM] BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted language signaling rate hikes at upcoming meetings.

MoonPay Launches App In More Than 130 Countries

[May 3, 2023 9:37 AM] MoonPay is now offering its multi-wallet management solution via the app store in countries across the globe.MoonPay, a cryptocurrency infrastructure company, has launched its app in over 130 countries, offering more than 5 million claimed users a…