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UAE’s Mbank Launches AED Crypto Conversion

[May 13 5:30 AM] Mbank and Changer.ae have launched a Dirham-based crypto conversion service, following approval from the UAE Central Bank to open a fully regulated AED escrow account. Secure and Regulated Dirham to Crypto Conversions The United Arab Emirates (UAE)…

US Treasury Hosting Crypto Roundtables to Shape Regulations

[May 13 2:30 AM] The U.S. Treasury is holding closed-door talks with crypto leaders this week to reshape stablecoin rules, DeFi oversight, and digital asset regulation in the U.S. US Treasury Engages Crypto Leaders in Roundtables to Advance Digital Asset Regulation…

Florida Teens Charged in $4M Las Vegas Crypto Kidnapping

[May 11 4:30 AM] Florida teenagers are facing charges of kidnapping and stealing $4 million in cryptocurrency and non-fungible tokens. Teenagers to Be Tried As Adults Three Florida teenagers are reportedly facing charges of kidnapping and stealing $4 million in…

Arizona Passes Law to Establish Bitcoin Reserve Fund

[May 9 7:30 AM] State Governor Katie Hobbs had previously vetoed a slightly different bill that would have allowed state entities to invest up to 10% of their funds in crypto. Arizona Joins New Hampshire with State Bitcoin Reserve Initiative Just a day after New…

Bitwise Taps 100K Advisors to Push Active Crypto Strategies

[May 9 3:30 AM] Bitwise taps Icapital’s 100,000-strong advisor network to launch high-octane crypto strategies built for alpha generation, redefining institutional access to the digital asset frontier. Bitwise Leverages Advisor Army to Roll out Next-Gen Crypto…

Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

[May 8 11:25 PM] Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud.  Celsius Mashinsky Faces Justice The proceedings took place before US District Judge…