Tech

April, 2025

  • 1 April

    OKX Appoints Ex-NYDFS Head as Chief Legal Officer, Strengthening Legal Team

    OKX, one of the world’s leading cryptocurrency exchanges, has made a significant move by appointing the former head of the New York Department of Financial Services (NYDFS), Linda Lacewell, as its new Chief Legal Officer (CLO). This strategic appointment underscores the company’s commitment to strengthening its legal and regulatory framework amidst the rapidly evolving crypto landscape. Who is Linda Lacewell? …

  • 1 April

    Russia’s Irkutsk to Potentially Enforce Year-Round Crypto Mining Ban Starting April 1

    In a significant move that could affect the crypto mining community, Russia’s Irkutsk region is set to potentially enforce a year-round ban on cryptocurrency mining, starting from April 1. This development comes amidst growing concerns over energy consumption in the region, where mining activities have surged in recent years. Irkutsk, known for its relatively cheap electricity rates, has become a …

  • 1 April

    Circle Gears Up for IPO with New Bank Hires, Eyes Late April Filing: Report

    Circle, the issuer behind the USDC stablecoin, is preparing to go public with an Initial Public Offering (IPO) later this year. According to recent reports, the company has made significant strides in its IPO plans, including hiring top investment bankers to help lead the process. Circle’s IPO ambitions come at a time when the cryptocurrency industry is undergoing significant regulatory …

  • 1 April

    South Korean Crypto Traders Fall Victim to Money Laundering Scams

    South Korean crypto traders are facing a growing problem, with several individuals becoming victims of sophisticated money laundering schemes. These scams, which often appear to be legitimate investment opportunities, are increasingly targeting the country’s thriving cryptocurrency market. As the popularity of digital currencies continues to rise, fraudsters have found new ways to exploit unsuspecting traders, luring them into illegal activities. …

  • 1 April

    Aussie Watchdog Cracks Down on Crypto ATM Providers, Issues Warning Over Missing AML Checks

    Australia’s financial watchdog has taken a stern stance against cryptocurrency ATM operators in the country, warning that many providers are failing to meet Anti-Money Laundering (AML) compliance requirements. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has placed crypto ATM providers “on notice,” urging them to implement adequate checks to prevent illicit activities such as money laundering and terrorism financing. …

  • 1 April

    Trump Family Teams Up with Hut 8 to Launch New Bitcoin Mining Venture

    In an unexpected move, the Trump family has announced a new partnership with Hut 8 Mining, one of the largest publicly traded Bitcoin mining companies in North America. This collaboration marks a significant shift as the Trump family enters the cryptocurrency space, particularly in the rapidly expanding world of Bitcoin mining. The New Venture The newly formed venture will focus …

  • 1 April

    BlackRock CEO Warns US Fiscal Instability Could Boost Bitcoin’s Global Role

    In a recent statement that caught the attention of financial markets, BlackRock CEO Larry Fink warned that fiscal instability in the United States could drive an increased global role for Bitcoin. Fink, known for his influence in the financial world, suggested that the growing uncertainty surrounding the U.S. economy and its fiscal policies may lead investors to seek alternative assets …

  • 1 April

    Alabama Senator Introduces Bill to Let Americans Invest Retirement Funds in Crypto

    In a groundbreaking move, an Alabama senator has introduced a bill that could reshape the way Americans approach retirement investing. The proposed legislation seeks to allow individuals to use their retirement savings, including those in 401(k)s and IRAs, to invest in cryptocurrency. This marks a significant shift in the landscape of retirement investment options, reflecting the growing mainstream acceptance of …

March, 2025

  • 31 March

    UK Authorities Freeze $7.7M in Dirty Crypto Profits: Report

    UK law enforcement agencies have frozen approximately $7.7 million in cryptocurrency linked to criminal activities over the past year, according to a new report. The move reflects the growing efforts of authorities to crack down on illicit financial transactions in the digital asset space. With the increasing use of cryptocurrencies for money laundering, fraud, and other illicit activities, UK regulators …

  • 31 March

    Kalshi Sues Nevada & New Jersey Over Sports Contract Ban

    Prediction market platform Kalshi has filed a lawsuit against the states of Nevada and New Jersey, challenging their bans on sports-related contracts. The legal action comes after regulatory pushback against Kalshi’s efforts to offer markets on political and sports outcomes. Kalshi, which operates under approval from the Commodity Futures Trading Commission (CFTC), argues that the bans unfairly restrict its ability …