Latest News

January, 2025

  • 21 January

    South Korean Police Crack Down on ‘Gang of Chinese Crypto Thieves’ in Luxury Hotel Robbery

    In a dramatic turn of events, South Korean authorities have apprehended a notorious gang of Chinese crypto thieves responsible for a high-profile robbery at a luxury hotel. The thieves, who had targeted a wealthy guest, made off with a significant amount of cryptocurrency, raising concerns over the increasing intersection of physical and digital crime. This article explores the details of …

  • 21 January

    Gary Gensler’s Departure: SEC Reflects on His Impact in Farewell Statement”

    As Gary Gensler officially steps down from his role as Chairman of the U.S. Securities and Exchange Commission (SEC), the agency has published a farewell statement, reflecting on his transformative tenure. Gensler’s time at the SEC was marked by significant regulatory changes and a more assertive stance on issues ranging from cryptocurrency to corporate transparency. This article delves into his …

  • 21 January

    Lawsuit on the Horizon: Trump’s New DOGE Coin Faces Legal Challenges

    Donald Trump’s entry into the cryptocurrency world took an unexpected turn after the launch of his new DOGE coin, a token that was met with both excitement and controversy. With the post-inauguration period settling in, legal experts are now warning of potential lawsuits that could derail the project before it even gains significant traction. Here’s a look at the legal …

  • 21 January

    Trump’s Effect on Crypto: $2.2B Floods Digital Asset Products Amid Frenzy

    Donald Trump’s influence seems to have reached new heights, not just in politics but in the world of cryptocurrencies. According to CoinShares, the digital asset space has seen a dramatic surge in investments, with $2.2 billion flooding into crypto products, driven largely by the renewed frenzy surrounding the former president. This unexpected wave of capital has highlighted the growing intersection …

  • 21 January

    Crypto-Friendly Legislation: Utah State Treasurer May Soon Embrace Digital Assets

    In a groundbreaking move that could pave the way for other states to follow, Utah is proposing legislation that would give the state treasurer the authority to invest in digital assets. With the growing interest in cryptocurrencies and blockchain technology, this proposed bill signals a bold step towards embracing the future of finance and could position Utah as a leader …

  • 21 January

    Crypto Crash: Trump Meme Coins Lose Billions as Inauguration Unfolds

    The latest shakeup in the crypto market has left investors reeling as the value of Trump-inspired meme coins experiences a significant crash. As the nation witnesses a new political era unfolding with the inauguration, these digital assets, once rising stars in the meme coin universe, have seen their values plummet, leading to billions of dollars in losses. Here’s a breakdown …

  • 21 January

    BTC Buying Power? South Korean Firm Earns VASP License to Enter Market

    South Korea is making significant strides in cryptocurrency regulation, with a major brokerage firm recently securing a Virtual Asset Service Provider (VASP) license. This development signals a potential shift in the country’s stance on corporate Bitcoin investments, opening new opportunities for financial institutions to engage with digital assets. South Korea’s Evolving Crypto Landscape Historically, South Korea has maintained a cautious …

  • 21 January

    Stablecoin Exodus? ESMA’s 2025 Deadline for MiCA Compliance Looms

    The European Securities and Markets Authority (ESMA) has issued a firm deadline for stablecoins to achieve compliance with the Markets in Crypto-Assets (MiCA) regulation by Q1 2025. This regulatory shift aims to enhance investor protection, financial stability, and market integrity. As the deadline approaches, industry participants are grappling with the potential consequences of non-compliance. Understanding MiCA and Its Impact MiCA …

  • 21 January

    Crypto Tax Rules 2.0: What Investors Should Know from Industry Experts

    As the cryptocurrency market continues to mature, tax authorities worldwide are implementing stricter regulations to ensure compliance and transparency. In 2025, new crypto tax rules, dubbed “Crypto Tax Rules 2.0,” introduce significant changes that every investor must understand to avoid penalties and optimize their tax liabilities. 1. Key Changes in Crypto Taxation for 2025 New reporting requirements (e.g., IRS Form …

  • 21 January

    Trump’s First Moves Ignore Crypto, But Circle CEO Sees Opportunity Ahead

    As Donald Trump re-enters the political arena with bold promises for his first day back in office, the crypto community has taken note of one glaring omission: no mention of cryptocurrency in his immediate executive order plans. Despite the absence of explicit support for digital assets in Trump’s agenda, Circle CEO Jeremy Allaire remains optimistic about the future of crypto …