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Senator Tim Scott (R-SC) has introduced a new bill aimed at preventing federal banking regulators from using “reputational risk” as a basis to restrict financial services. The legislation comes amid growing concerns that regulators are overstepping their authority, potentially weaponizing risk assessments to cut off lawful businesses, including those in crypto, firearms, and other politically sensitive industries. This bill could …

South Korea is taking a hard stance against crypto-powered drug crimes, with prosecutors revamping a specialized task force to combat illicit activities linked to digital assets. As criminals increasingly turn to cryptocurrencies for anonymous transactions, authorities are doubling down on enforcement, aiming to disrupt darknet markets, money laundering, and illegal drug distribution. Why Is South Korea Strengthening Its Crypto Crime …

Brazil’s electoral authorities have charged a political candidate for failing to disclose Bitcoin holdings, sparking controversy over crypto transparency in politics. As digital assets gain prominence, governments worldwide are tightening regulations to prevent financial misconduct and undisclosed wealth. This case raises important questions: Should politicians be required to declare crypto holdings, and what does this mean for future elections? The …

In a surprising stance, Solana co-founder Anatoly Yakovenko has advocated for no crypto reserves, arguing that true decentralization requires protocols and projects to operate without large token holdings. This controversial perspective challenges the common practice of blockchain projects maintaining treasuries filled with native tokens. But what does this mean for Solana and the broader crypto ecosystem? Why Zero Crypto Reserves? …

RedStone, the cutting-edge modular oracle network, has officially launched its RED token on Ethereum, marking a major milestone for the project. With backing from Arrington Capital, this launch could reshape the way decentralized finance (DeFi) and blockchain applications access data. But what does the RED token bring to the table, and how does it fit into RedStone’s vision? What is …