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Ripple Confident in Victory as SEC’s Crypto War Nears Its End

[Jan 16 4:30 AM] Ripple is confident in its legal position as SEC leadership faces criticism for enforcement-heavy policies, with a pro-crypto regulatory shift on the horizon. Ripple: Confident and Thriving as a New Era of Crypto Regulation Dawns Ripple executives…

Kenyans HODL On: Crypto Use Soars Despite Central Bank Warnings, Study Finds

[Jan 16 3:30 AM] A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation. Kenya Seeks IMF Assistance According to a study by a Kenyan Technical Working…

SEC under Trump could freeze crypto cases not involving fraud: Report

[Jan 15 9:51 PM] Two of the three Democratic commissioners at the SEC will be leaving before Donald Trump takes office on Jan. 20.

Judge orders BitMEX to pay $100M fine over US banking law violations

[Jan 15 6:33 PM] BitMEX has been hit with an additional financial penalty following its 2022 guilty plea for violating the US Bank Secrecy Act.

US Senate Banking Committee chair says crypto framework will be a priority

[Jan 15 4:37 PM] With a Republican majority having taken control of the US Senate in January, Tim Scott said the Banking Committee would have an “open-minded environment” for digital assets.

Malaysia mulls crypto policy after talks with UAE and Binance founder CZ

[Jan 15 11:28 AM] Malaysia is reportedly exploring cryptocurrency regulations after its prime minister held discussions with Abu Dhabi leaders and Binance founder Changpeng Zhao.

Former Prime Minister Pushes Crypto to Boost Thailand’s Economy

[Jan 15 6:30 AM] Thailand’s former prime minister has urged cryptocurrency-friendly policies and a 20% tax on online gambling, projecting billions in revenue to spur economic modernization. Ex-Prime Minister Calls for Crypto-Friendly Policies to Spur Economic…

$1.1M Penalty Slammed on Mosaic Exchange in Crypto Fraud Scandal

[Jan 15 4:30 AM] A crypto firm has been fined $1.1 million for deceiving customers and misusing funds, as the CFTC highlights growing concerns about unregistered investment schemes. CFTC Strikes: Fraudulent Crypto Firm Banned, $1.1 Million Fine Issued The Commodity…

Crypto advocate Tom Emmer named vice chair of crypto and AI subcommittee

[Jan 15 2:53 AM] “With Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans,” said Emmer.

SEC Delays Decision on Bitwise 10 Crypto Index ETF Until March

[Jan 15 2:45 AM] The U.S. Securities and Exchange Commission (SEC) has deferred its decision on the Bitwise 10 Crypto Index exchange-traded fund (ETF), citing the need for additional time to thoroughly review the proposal. SEC Needs More Time to Decide on Bitwise…

Singapore Cracks Down: Polymarket Blocked Amidst Global Scrutiny of Unlicensed Gambling Platforms

[Jan 15 12:45 AM] Singapore’s gambling regulator blocked access to Polymarket, a predictions market, considering it online gambling under their law. Offenders Face Stiff Fines or Jail Time Singapore’s Gambling Regulatory Authority (GRA) has reportedly…

Ripple execs lash out at SEC’s refusal to postpone appeal filing

[Jan 14 10:05 PM] According to Ripple’s chief legal officer, the SEC will continue with its appeal of a judgment in the civil case despite Chair Gary Gensler stepping down in six days.

Gary Gensler says the presidential election wasn’t about crypto money

[Jan 14 8:45 PM] The SEC chair is set to leave office in six days, the same day Donald Trump is scheduled to be inaugurated as president in Washington, DC.

Report: Trump’s First-Day Executive Orders to Target Biden’s Crypto Policies

[Jan 14 8:15 PM] The incoming Trump administration appears poised to orchestrate a significant shift in U.S. cryptocurrency policy, signaling plans to dismantle key Biden-era regulations, according to The Washington Post (WaPo). Trump’s Alleged Crypto Plans…

President Biden signs executive order to promote AI infrastructure

[Jan 14 5:35 PM] With less than a week until he leaves office, the US president could have signed one of the last executive orders of the more than 150 implemented during his term.

SEC Chair’s Dire Crypto Warning: Thousands Are Doomed to Fail

[Jan 14 3:10 AM] SEC Chair Gary Gensler has warned of widespread crypto failures, labeling the industry as speculative, sentiment-driven, and lacking the fundamental stability needed to survive. Gary Gensler’s Chilling Crypto Forecast: A Ticking Time Bomb of…

FDIC Vice Chairman Denounces ‘Choke Point-Like’ Tactics

[Jan 13 10:45 PM] The comments were part of a speech on Friday titled “Charting a New Course.” Did the FDIC Just Confess to Crypto Debanking? Federal Depositary Insurance Corporation (FDIC) Vice Chairman Travis Hill delivered a speech on Friday condemning the…

NYDFS launches exchange program with Bank of England on crypto expertise

[Jan 13 9:41 PM] The New York regulator’s Transatlantic Regulatory Exchange program would allow the NYDFS to exchange senior staff experienced in digital assets with those at the Bank of England.

Appellate court grants partial win for Coinbase over SEC rules

[Jan 13 7:15 PM] A panel of three judges said they would not force the SEC to implement rulemaking on crypto but referred to the commission’s “fogginess” potentially harming digital asset firms.

Crypto deregulation under Trump: Promises vs reality

[Jan 13 3:00 PM] The incoming US president will have the authority to enact many policies favorable to crypto users after taking office next week.

Treasury Pick Holds Up to $500K in Blackrock Bitcoin ETF, Vows to Divest Over Conflicts

[Jan 13 3:30 AM] A Treasury nominee’s six-figure stake in Blackrock’s bitcoin ETF reveals crypto’s grip on elite portfolios, raising stakes for future U.S. economic policy decisions. Blackrock Bitcoin ETF in Spotlight as Bessent’s Financial Ties Unveiled…

US Crypto Enforcement Titans Exit: A New Era for Digital Assets Awaits

[Jan 12 7:30 AM] Top U.S. regulators who championed aggressive crypto enforcement are stepping down, paving the way for a new era of innovation-focused oversight under the incoming administration. End of an Era: US Regulators Who Championed Crypto Enforcement Step…

Russia Tightens Digital Asset Rules With Stricter Trade Oversight Standards

[Jan 12 6:30 AM] Russia’s central bank now mandates the registration of foreign exchange trade contracts involving digital rights, aiming to enhance oversight, integrate cryptocurrencies, and ensure financial stability. Bank of Russia Tightens Grip on Crypto…

Blender and Sinbad operators face US money laundering charges

[Jan 10 6:54 PM] Two Russian nationals face charges of conspiracy to commit money laundering and operating an unlicensed money-transmitting business, while one remains at large.

CFPB proposes crypto firms refund users for funds lost to hacks

[Jan 10 4:45 PM] A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.”

US Senator Vows to Reverse Harm SEC’s Gary Gensler Inflicted on Crypto

[Jan 10 1:30 AM] A U.S. senator vowed to undo SEC Chair Gary Gensler’s crypto policies, backing a nominee expected to champion innovation and create a friendlier regulatory environment. US Lawmaker Pledges Swift Action to Undo Gensler’s Crypto Disruption U.S…

Polymarket users bet Biden more likely to pardon SBF than Ross Ulbricht

[Jan 9 8:56 PM] The former FTX CEO is currently serving a 25-year sentence awaiting appeal, while the Silk Road founder was sentenced to life in prison in 2015.

Wisconsin lawmaker to chair US House digital assets subcommittee

[Jan 9 6:30 PM] French Hill has stepped back as leader of the digital assets, fintech and AI subcommittee to become chair of the full House committee in the 119th Congress.

Standard Chartered debuts crypto services in Europe with new license

[Jan 9 2:11 PM] Banking giant Standard Chartered is debuting crypto services in Europein Europe via its new Luxembourg entity after securing a digital asset license under the MiCA framework.

Nigeria’s SEC Warns Crypto License Applicants: Meet Registration Requirements or Face Rejection

[Jan 9 10:30 AM] The Nigerian securities regulator has cautioned that some applicants for virtual asset service provider (VASP) licenses do not meet regulatory requirements. SEC Welcomes Stakeholder Feedback The Director-General of the Nigerian Securities and…