Sparks flew in Washington this week as Rep. Troy Downing delivered a scathing critique of SEC Chair Gary Gensler’s handling of cryptocurrency regulation during a high-stakes House Financial Services Committee hearing. The hearing, which focused on digital asset oversight and regulatory clarity, quickly turned tense as Downing accused Gensler of “regulatory overreach,” lack of transparency, and what he called “a …

Thailand is stepping up its fight against crypto-related crime with a bold move to regulate foreign peer-to-peer (P2P) trading platforms, signaling a new phase in the country’s digital asset oversight. The Thai Securities and Exchange Commission (SEC) announced this week that it will implement new regulations targeting offshore crypto platforms operating without proper authorization. The rules will specifically focus on …

The U.S.-China trade war just escalated in dramatic fashion. In a retaliatory move against newly imposed American tariffs, Beijing announced an 84% blanket tariff on a wide range of U.S. goods—sending shockwaves through global markets and triggering a sharp drop in Bitcoin prices. The Chinese Ministry of Finance issued a statement condemning the United States’ “unilateral and provocative” tariff hike …

Spot trading activity across major cryptocurrencies has seen a noticeable drop, as traders retreat to the sidelines amid heightened market volatility and macroeconomic uncertainty, according to data from CryptoQuant. The on-chain analytics firm reports that both Bitcoin and altcoin spot volumes have hit multi-week lows, signaling a sharp cool-down in trading enthusiasm. The slowdown comes after a rollercoaster week of …

In a significant step forward for Ethereum’s integration into mainstream finance, the U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of options on spot Ethereum exchange-traded funds (ETFs). The move comes just weeks after Ethereum ETFs began trading on major U.S. exchanges, and now traders will have access to more sophisticated tools for hedging, speculation, and …

In a high-stakes sting operation, South Korean police have raided what appeared to be a legitimate cryptocurrency mining facility—only to uncover an elaborate illegal gambling den operating behind the scenes. Authorities in Incheon reported that the site, which was publicly registered as a crypto mining center, was in fact hosting dozens of unlicensed gambling machines and high-stakes underground games. The …

France and Italy are making a joint push to accelerate blockchain adoption across the European Union, submitting a comprehensive set of recommendations on Distributed Ledger Technology (DLT) to the European Commission. The proposal, developed by financial and digital market regulators from both countries, outlines a strategic roadmap for enhancing Europe’s DLT ecosystem. The recommendations aim to foster innovation, ensure regulatory …

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