Key Takeaways Circle is all set to launch its stablecoin USDC in Japan on March 26. The move follows regulatory approval for USDC from Japan’s Financial Services Agency (FSA), making it the first global dollar-backed stablecoin authorized for use under…
Key Takeaways Kentucky Governor Andy Beshear has signed House Bill 701, dubbed as the “Bitcoin Rights” bill, into law, providing added protections for crypto users and miners in the state. The law ensures the right to self-custody digital assets, operate…
Key Takeaways Defunct crypto exchange, Mt. Gox, moved 11,501 Bitcoin (BTC) worth about $1.01 billion on March 25, according to blockchain analytics firm Arkham Intelligence. The transaction saw 10,608 BTC—approximately $927.5 million—transferred to an unidentified wallet, while 893 BTC was…
Key Takeaways Coinbase’s Chief Legal Officer, Paul Grewal, has criticized the U.S. Treasury Department for attempting to sidestep a final court ruling in the Tornado Cash case. Grewal argues that by removing the crypto mixer from its sanctions list, the…
Key Takeaways Germany’s financial regulator, BaFin, has imposed strict measures on Ethena GmbH, preventing the company from offering its USDe token to the public. The enforcement action follows a probe that revealed regulatory violations, including the distribution of financial instruments…
Key Takeaways The U.S. Treasury Department has lifted sanctions on Tornado Cash, a crypto mixer previously blacklisted for its alleged role in laundering funds. A crypto mixer is used to obscure the origin and destination of the funds, and then…
Key Takeaways Coinbase is reportedly in advanced talks to acquire Deribit, the world’s largest Bitcoin and Ethereum options trading platform. The potential deal, if finalized, would significantly expand Coinbase’s presence in the global crypto derivatives market, a sector that has…
Key Takeaways Pakistan is laying the groundwork to legalize crypto trading, signaling a major policy shift as the government aims to attract foreign investment and integrate blockchain tech into its economy. This move comes amid growing global acceptance of digital…
Key Takeaways Hayden Davis, already under scrutiny for his involvement in the LIBRA meme coin debacle, has surfaced with another crypto project. Blockchain analytics firm Bubblemaps reported on March 15 that Davis had launched a new token called WOLF, sparking…
Key Takeaways The Central Bank of Russia has proposed allowing a restricted group of investors to trade crypto under a three-year experimental framework. The initiative, which has now been submitted to the government for review, seeks to introduce regulated access…
