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Policy
US Regulator Puts Off Decision on Trump-Linked Bitcoin Fund Until September
The US Securities and Exchange Commission has delayed its decision on a proposed bitcoin exchange-traded fund from Truth Social, a social media platform with ties to Donald Trump. The SEC announced the delay on Monday, giving itself until September 18 to decide on the proposal, which was submitted in June by Trump Media & Technology Group. This decision is part of a broader pause on crypto ETF ap…
July 28, 2025, 5:04 p.m.
Policy
US Department of Justice Considers Bringing Criminal Charges Against Dragonfly Capital Employees Over Tornado Cash Investments
In a recent development in a New York federal court, prosecutors disclosed that they are weighing the possibility of bringing criminal charges against specific employees of Dragonfly Capital, a cryptocurrency venture capital firm, for their investment in Tornado Cash, a privacy-focused tool, back in 2020. The discussion took place during a break in the ongoing trial of Roman Storm, the developer …
July 25, 2025, 9:49 p.m.
Policy
The Roman Storm Trial: Coding on Trial as the Tornado Cash Case Heats Up
In a New York courtroom, the government has concluded its case against Roman Storm, the developer of Tornado Cash, after eight days of witness testimony. The defense has now begun to present its case, with Ethereum core developer Preston Van Loon testifying that he used Tornado Cash as a privacy tool for operational security and personal safety. Van Loon's testimony marks the beginning of the def…
July 25, 2025, 3:40 a.m.
Policy
Court Overturns $9M Ruling in Favor of Yuga Labs in Trademark Dispute Against Ryder Ripps
A US appeals court has overturned a lower court's decision, requiring Yuga Labs to provide stronger evidence that a 'satirical' version of its Bored Ape Yacht Club NFTs was intended to deceive potential buyers. The Ninth Circuit Court of Appeals ruled that the lower court's finding of trademark infringement by Ryder Ripps' NFT collection must be re-examined. Ripps and his partner, Jeremy Cahen, h…
July 24, 2025, 6:14 p.m.
Policy
Ghana to Introduce Crypto Licensing Amid Rising Demand
In response to the growing popularity of digital assets, Ghana is poised to start issuing licenses to cryptocurrency platforms, as reported by Bloomberg on Thursday. The country's central bank is putting the finishing touches on a regulatory approval, which is set to be submitted to parliament by September, according to an interview with the Bank of Ghana Governor, Johnson Asiama. By regulating t…
July 24, 2025, 10:17 a.m.
Policy
FTX Scheduled to Initiate Next Phase of Creditor Refunds on September 30
As announced on Wednesday, the bankrupt cryptocurrency exchange FTX is set to commence its next round of creditor repayments on September 30. This move follows the company's initial repayment phase, which began earlier this year and has so far resulted in the disbursement of approximately $6.2 billion, subsequent to the approval of its repayment plan by the US bankruptcy court. Under the leade…
July 24, 2025, 5:18 a.m.
Policy
Pastor and Spouse Face Charges in Alleged Cryptocurrency Scheme Worth Millions
A grand jury in Denver has indicted a pastor and his wife on 40 counts of theft, fraud, and deception, alleging their involvement in a multi-million dollar cryptocurrency scam that predominantly targeted churches, as announced by the Denver District Attorney in a press release. The couple, Eli and Kaitlyn Regalado, who host their church, Victorious Grace Church, at their home, allegedly solicited…
July 23, 2025, 4:43 p.m.
Policy
Hong Kong Regulator Warns of Stablecoin Market Overexuberance
According to Hong Kong Monetary Authority CEO Eddie Yue, companies seeking to launch stablecoins should temper their expectations, particularly if their primary business is unrelated to digital assets. In a blog post on the central bank's website, Yue expressed concerns that some companies without a related business have announced plans to develop stablecoin operations, resulting in increased sto…
July 23, 2025, 11:59 a.m.
Policy
CoinShares Obtains Landmark EU-Wide MiCA License for Crypto Asset Management
In a significant development, CoinShares has announced that it has secured a license under the European Union's Markets in Crypto Assets (MiCA) regulation. As the first crypto asset manager based in continental Europe to achieve this milestone, the company is now authorized to offer crypto portfolio management services across all 27 EU member states under a unified regulatory framework. The licen…
July 23, 2025, 8:59 a.m.
Policy
South Korea Urges Companies to Decrease Investment in Cryptocurrency ETFs and Certain US-Based Digital Asset Firms
According to a report by the Korean Herald, South Korea's financial regulatory body has issued an informal warning to domestic asset management companies, advising them to minimize their investment in cryptocurrency exchange-traded funds and US-listed digital asset companies. The Financial Supervisory Service instructed several firms to cap their investments in entities such as Coinbase and Strat…
July 23, 2025, 5 a.m.