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Policy
South Korea Chooses Pro-Crypto Leader Lee Jae-myung as President
In a significant development, Lee Jae-myung, known for his crypto-friendly stance, has been elected as the new president of South Korea, defeating the incumbent leader of the Conservative Party, Kim Moon-soo, in the presidential election. Throughout his campaign, Lee made numerous commitments to the crypto sector in South Korea, aiming to appeal to the nation's substantial base of 15 million cr…
June 4, 2025, 6:33 p.m.
Policy
MoonPay Secures Prestigious BitLicense Approval from New York Authorities
MoonPay, a leading cryptocurrency payment platform with over 20 million users, has successfully obtained a BitLicense and a money transmitter license from the New York State Department of Financial Services. This development completes the company's regulatory coverage in the United States, supplementing its existing licenses in 46 other jurisdictions, as well as registrations in several countries…
June 4, 2025, 1:38 p.m.
Policy
Australian Authorities Intensify Oversight of Cryptocurrency ATMs to Protect Seniors from Scams
In a bid to curb the exploitation of cryptocurrency ATMs by scammers, particularly those targeting the elderly, Australia's financial regulator, AUSTRAC, has implemented stricter regulations for operators. These measures include a $5,000 cap on cash deposits and withdrawals, enhanced customer verification, display of scam warnings, and transaction monitoring. This decision follows the discovery t…
June 4, 2025, 1:13 p.m.
Policy
Democrats Claim SEC Withholding Information on Crypto Market Structure Bill Ahead of Hearings
Lawmakers in the US House of Representatives are set to debate a bill aimed at regulating the crypto market, but Democratic staff members claim they have been blocked from accessing crucial technical information by the Securities and Exchange Commission (SEC). According to staffers, the SEC has refused to provide detailed analysis of the proposed Digital Asset Market Clarity Act, which would esta…
June 3, 2025, 9:42 p.m.
Policy
US Crypto Bills Still Require Alignment on Key Points: French Hill
As the US Senate approaches a final vote on stablecoin regulation, marking a significant milestone for crypto legislation, Representative French Hill notes that the Senate's bill has notable differences with the House of Representatives' version, which must be addressed before it can become law. Hill, chairman of the House Financial Services Committee, stated that while the bills share similariti…
June 3, 2025, 7:40 p.m.
Policy
Twenty-Five Individuals, Including Six Minors, Face Charges in French Crypto-Related Abductions
French law enforcement has brought charges against 25 individuals, six of whom are minors, in connection with a string of crypto-related kidnappings in Paris. According to the public prosecutor's office, the majority of the suspects are linked to the recent failed kidnapping attempt of the family of Pierre Noizat, CEO of crypto exchange Paymium, as reported by Le Monde. The investigation, which b…
June 3, 2025, 5:40 p.m.
Policy
Coinbase Seeks Federal Intervention in Oregon Securities Case
Coinbase is requesting a federal court to assume jurisdiction over Oregon's lawsuit, which accuses the company of selling unregistered securities. The company argues that the state is improperly interfering with federal efforts to establish clear digital asset regulations. In a recent filing, Coinbase claims that Oregon Attorney General Dan Rayfield's lawsuit, initiated in April, represents an ov…
June 3, 2025, 6:14 a.m.
Policy
US Crypto Lobbyists Push Senators to Stay Focused on Stablecoin Regulation
As the US Senate's stablecoin bill enters its final stages of debate, crypto industry lobbyists in Washington are calling on senators to remain concentrated on the task at hand. If the bill passes this week, it will mark a historic milestone as the first major piece of crypto legislation to clear the Senate. The Guiding and Establishing National Innovation for US Stablecoins Act aims to regulate …
June 2, 2025, 10:49 p.m.
Policy
New Hampshire Ranks as the Most Crypto-Friendly State in the US: Report
According to a recent assessment of US states' crypto-friendliness, New Hampshire takes the top spot, despite high electricity costs and limited bitcoin mining activity. The state's lack of capital gains tax, minimal regulatory restrictions, and extensive network of crypto-accepting businesses and ATMs contribute to its high ranking. The study, conducted by ASICKey, a digital mining hardware ma…
June 2, 2025, 8 p.m.
Policy
Crypto Scam Alert: A Cautionary Tale
I recently received a suspicious call from someone claiming to be from Coinbase, warning me that my account had been compromised. This is a common scam tactic, and I immediately recognized the red flags. The caller, who introduced himself as Riccardo, claimed to be from Coinbase's Actions and Protections Department and stated that my account information had been breached. However, there were seve…
May 31, 2025, 1:30 p.m.