Ripple secures NYDFS greenlight to launch RLUSD stablecoin
Ripple CEO Brad Garlinghouse said the firm has secured approval from the New York State Department of Financial Services (NYDFS) to launch its...
Italy drops plans to hike capital gains tax on crypto amid backlash, political division
Italy’s government announced plans to scale back a proposed tax increase on crypto capital gains following criticism from industry stakeholders and divisions within...
Tether’s USDT stablecoin integrates into Abu Dhabi’s financial ecosystem
Tether’s USDT stablecoin has been approved as an Accepted Virtual Asset (AVA) by the Abu Dhabi Global Market (ADGM), according to a Dec....
Anthony Scaramucci predicts China to create strategic Bitcoin reserve in 2025
Anthony Scaramucci has projected China’s return to Bitcoin mining and integrating Bitcoin into its reserve assets, making this claim during remarks delivered at...
Jetking Infotrain becomes India’s first public company to hold Bitcoin as treasury reserve
Jetking Infotrain became India’s first publicly traded company to adopt Bitcoin (BTC) as a reserve asset for its treasury after purchasing 12 BTC...
Crypto industry frustrated over possibility of SEC commissioner Caroline Crenshaw’s renomination
On Dec 11, the U.S. Senate Banking Committee will decide whether to renominate Caroline Crenshaw, a Democrat Securities and Exchange Commission (SEC) commissioner....
FSOC warns stablecoins pose stability risks, calls for legislative action to enhance oversight
The Financial Stability Oversight Council (FSOC) raised concerns that stablecoins pose a mounting risk to financial stability due to inadequate oversight and significant...
SEC rejecting Solana ETFs is Gensler’s ‘parting gift’ to crypto industry – Bloomberg analyst
The US Securities and Exchange Commission (SEC) will reportedly reject two spot Solana (SOL) exchange-traded funds (ETF) applications, according to Bloomberg ETF senior...
Australia intensifies crypto ATM oversight to curb money laundering risks
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has intensified efforts to enforce Anti-Money Laundering and Counter-Terrorist Financing (AML/CTF) regulations among crypto ATM...
Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services
Coinbase chief legal officer Paul Grewal has disclosed letters from the Federal Deposit Insurance Corporation (FDIC) to banks throughout 2022, urging them to...