Cryptocurrency News

23 January

North Dakota Moves to Curb Crypto Fraud: Bill Limits ATM Transactions

In a bid to combat rising concerns over cryptocurrency-related fraud, North Dakota lawmakers have introduced a new bill aimed at limiting transactions conducted via crypto ATMs. This proposed legislation seeks to tighten regulations around digital currency access and prevent the growing number of scams and fraudulent activities that have plagued users of these machines. If passed, the bill will introduce …

23 January

Ross Ulbricht Released: Trump Grants Unconditional Pardon for Silk Road Founder

In a surprising and controversial move, former President Donald Trump has granted an unconditional pardon to Ross Ulbricht, the founder of the infamous Silk Road dark web marketplace. Ulbricht, who was convicted in 2015 for his role in creating the online platform that facilitated illegal transactions, has now been freed after serving several years of a double life sentence. This …

23 January

Goldman Sachs CEO: Bitcoin’s Path to Replacing the Dollar Is Unlikely

Goldman Sachs CEO David Solomon has raised concerns about the future of Bitcoin as a challenger to the U.S. dollar, dismissing the idea that the leading cryptocurrency could ever replace the greenback in global finance. In a recent interview, Solomon acknowledged Bitcoin’s growing popularity but emphasized that its volatility, regulatory challenges, and limited use cases would prevent it from rivaling …

23 January

CFTC’s New Direction: Caroline Pham Leads Major Leadership Reshuffle

CFTC Chair Caroline Pham has announced a significant reshuffling of key leadership roles within the agency following her appointment under former President Donald Trump. The changes aim to streamline operations and align regulatory priorities with the evolving financial landscape. Strategic Leadership Changes As part of the restructuring, several senior officials have been reassigned to new roles to enhance oversight of …

23 January

Dogecoin ETF Filed in Delaware: Bitwise Makes Bold Move into Crypto Funds

In a groundbreaking move that’s sending ripples through the crypto and investment communities, Bitwise Asset Management has filed for a Dogecoin exchange-traded fund (ETF) in Delaware. The filing marks a bold step into the world of meme-based cryptocurrencies, further legitimizing Dogecoin as a mainstream investment option. If approved, this ETF could pave the way for increased institutional exposure to the …

22 January

MicroStrategy’s Massive Bitcoin Move: 11,000 BTC Bought for $1.1 Billion

In a bold and strategic move, MicroStrategy, the business intelligence giant, has announced the acquisition of 11,000 Bitcoin (BTC) worth approximately $1.1 billion. This latest purchase further solidifies the company’s position as one of the largest institutional holders of Bitcoin and underscores its unwavering commitment to the cryptocurrency as a core asset in its financial strategy. A Record-Breaking Investment MicroStrategy’s …

22 January

Davos 2025: Binance CEO Reveals Users Saved $1.75B in Remittance Fees

At the World Economic Forum in Davos 2025, Binance CEO Changpeng Zhao (CZ) made a groundbreaking announcement, revealing that Binance users have collectively saved an impressive $1.75 billion in remittance fees. This revelation highlights the transformative impact that cryptocurrency and blockchain technology are having on global money transfers, offering a faster, cheaper, and more efficient alternative to traditional remittance services. …

22 January

Crypto.com Steps Up: US Institutional Trading Platform to Enhance Retail App Features

Crypto.com, a leading global cryptocurrency platform, has unveiled a new US institutional trading platform, designed to enhance its retail trading app and broaden its offerings to professional investors. This move marks a significant expansion of Crypto.com’s services, as the company seeks to position itself at the intersection of institutional and retail crypto trading. The new institutional trading platform is designed …

22 January

Kazakhstan’s Crypto Crackdown Hits Hard: Exchange Operators Face Jail Time

Kazakhstan’s government has escalated its efforts to combat illegal cryptocurrency trading, sending a strong message to the industry with the recent conviction of several crypto exchange operators. The court rulings, which have resulted in jail sentences for the individuals involved, mark a significant step in the country’s ongoing crackdown on unregulated crypto activities. The crackdown follows a series of government …

22 January

SEC Steps Up: Trump-Backed Task Force to Draft Clear Guidelines for Crypto

In a move to provide greater clarity and regulation to the rapidly evolving world of cryptocurrencies, the U.S. Securities and Exchange Commission (SEC) has launched a dedicated task force aimed at developing comprehensive guidelines for the crypto industry. This initiative, which came to fruition during the Trump administration, seeks to establish clear and uniform standards that will govern cryptocurrency operations …