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Policy
Historic GENIUS Act to be Signed into Law: A New Era for Crypto Regulation
The Guiding and Establishing National Innovation for U.S. Stablecoins Act, also known as the GENIUS Act, is set to become law after US President Donald Trump signs it, marking a major milestone in the digital assets industry's quest for regulatory clarity. This landmark legislation defines a framework for stablecoins, cryptocurrencies pegged to the value of another asset, typically the US dollar,…
July 18, 2025, 4:38 p.m.
Policy
Landmark 'Crypto Week' Legislation: Understanding the GENIUS and CLARITY Bills' Impact on the Industry
The U.S. Congress has reached a significant milestone in its 'Crypto Week' with the passage of three historic bills that will shape the future of digital assets and the financial economy. The GENIUS Act, which focuses on stablecoins, is set to become the first crypto law to be enacted in the United States, pending President Trump's signature. Meanwhile, the CLARITY Act, aimed at market structure,…
July 17, 2025, 8:53 p.m.
Policy
US House Passes GENIUS Act, Paving Way for First Major Cryptocurrency Law
In a significant milestone for the cryptocurrency industry, the US House of Representatives has passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which is now pending presidential approval. This achievement marks a substantial shift in the US regulatory landscape, which had previously been characterized by resistance to the crypto sector. The GENIUS Act foll…
July 17, 2025, 7:55 p.m.
Policy
US House Approves CLARITY Act, Paves Way for Stablecoin Legislation
In a 294-134 vote, the US House of Representatives has approved a bill to regulate cryptocurrency markets, achieving a strong bipartisan majority as the matter moves forward to the Senate. The Digital Asset Market Clarity Act represents the second instance in which the House has approved a bill related to crypto market structure, following a similar bipartisan effort in the previous congressional…
July 17, 2025, 7:28 p.m.
Policy
US Authorities Confiscate $10 Million in Cryptocurrency Linked to Sinaloa Cartel's Fentanyl Trafficking
In a significant operation, US federal agents in Miami have seized over $10 million in cryptocurrency allegedly tied to the Sinaloa cartel in Mexico, according to a statement released by the Justice Department. The seizure was the result of a joint operation between the DEA and FBI, targeting funds suspected of being connected to the smuggling of fentanyl and other synthetic opioids into the US. …
July 17, 2025, 3:34 p.m.
Policy
Canary Capital Submits Proposal for INJ ETF Offering Staking Incentives, Expanding Product Lineup
Canary Capital, a hedge fund manager, has submitted a filing to the U.S. Securities and Exchange Commission for the launch of an exchange-traded fund linked to Injective's INJ token, as disclosed in a Thursday filing. The proposed Canary Staked INJ ETF is designed to track the price of INJ while offering staking rewards to investors. As the native token of the Injective blockchain, a layer-1 prot…
July 17, 2025, 3:16 p.m.
Policy
US House's 'Crypto Week' Now Focused on Passing All Crypto Legislation on Thursday
The US House of Representatives' 'Crypto Week' has been condensed into a single day of crypto-focused activity, following a late-night resolution to a Republican disagreement and the formulation of a plan to hold all crypto legislative votes on Thursday. The Digital Asset Market Clarity Act, a top priority for the industry that aims to establish rules for US crypto markets, is scheduled to be vot…
July 17, 2025, 3:13 p.m.
Policy
UK Authorities Arrest Two Individuals for Alleged Involvement in Unlicensed Cryptocurrency Exchange
According to a recent announcement by the Financial Conduct Authority, two individuals have been taken into custody on suspicion of operating an unlicensed cryptocurrency exchange and money laundering. The suspects, whose names have not been disclosed, were questioned and subsequently released pending further investigation. The operation, which was conducted jointly with the Metropolitan Police S…
July 17, 2025, 12:42 p.m.
Policy
Crypto Thefts Reach Record High in 2025, Driven by DPRK-Linked Hacking Groups
A recent report from Chainalysis indicates that 2025 may become the worst year on record for cryptocurrency theft, with the potential for stolen funds to exceed $4.3 billion. In the first half of the year, hackers have stolen over $2.17 billion from cryptocurrency services, surpassing the total stolen in all of 2024 and marking a 17% increase from the same period in 2022, the previous worst year …
July 17, 2025, noon
Policy
Roger Ver, Pioneer Bitcoin Investor, Takes Spain to Court Over US Extradition
Roger Ver, a key figure in the early days of bitcoin, has initiated legal action against Spain in the European Court of Human Rights to block his potential extradition to the United States, where he faces charges of tax evasion. The lawsuit, submitted last month, follows an indictment against Ver for alleged tax fraud, as announced by the US Department of Justice. Ver, now an advocate for Bitcoin…
July 17, 2025, 11:23 a.m.