Key Takeaways: CoinDCX CEO Sumit Gupta calls for a regulated INR-backed stablecoin to accelerate India’s digital economy. He argues such stablecoins could reduce remittance costs by up to 90%, boosting household incomes. Gupta points to global models where fully reserved and audited stablecoins support innovation without destabilizing financial sys
CFTC Initiates New ‘Crypto Sprint’ to Bolster White House Strategy
The U.S. Commodity Futures Trading Commission (CFTC) has recently announced the launch of its second “crypto sprint” initiative, an ambitious project focused on enhancing the regulatory framework for cryptocurrencies. This new initiative comes strongly recommended by the White House, underlining the federal government’s increasing attention to the
UK Cracks Down: $9.3B Ruble-Backed Crypto Network Linked to Russia Sanctioned
The United Kingdom has introduced new sanctions targeting Kyrgyzstan’s financial sector and cryptocurrency operations allegedly tied to Russia’s efforts to bypass Western restrictions. The measures include actions against banks, exchanges, and individuals accused of facilitating a ruble-backed stablecoin network that processed billions of dollars i
CFTC launches second ‘Crypto Sprint’ to advance White House push
The CFTC is seeking public input on how it can more effectively regulate spot crypto trading as part of its second “crypto sprint” initiative to advance the White House’s crypto agenda.
Why August Could Be Remembered As A Major Trap For Bitcoin And Crypto Market
Bitcoin (BTC) recently surged to a new all-time high, surpassing $124,000, only to experience a subsequent drop of 9%. This volatility has sparked widespread speculation about the current state of the bull market, the potential for an ongoing “alt season,” and whether Bitcoin has reached its peak. In light of the current price action, market [&hel
First Of Its Kind: Ripple Helps Build Real-Time Crypto Crime Response System
Ripple has signed on as a founding member of the Beacon network, a system built to spot and stop crypto theft as it happens. It’s a move that puts a big-name company behind a new, automated method for tracking stolen funds. Short answer: it tries to catch criminals before they cash out. Beacon Offers Real-Time […]
Australia busted 14K scams since 2023 — 21% touted fake crypto
ASIC Deputy Chair Sarah Court said the regulator has now beefed up its scam enforcement to include monitoring social media ads.
Curb Your Enthusiasm: Assistant Attorney General Galeotti’s Talk on Crypto Devs Changes Very Little
Bitcoin Magazine Curb Your Enthusiasm: Assistant Attorney General Galeotti’s Talk on Crypto Devs Changes Very Little Today, Acting Assistant Attorney General (AAAG) of the Criminal Division of the Department of Justice (DoJ) Matthew Galeotti gave a talk at an event hosted by the American Innovation Project in which he harped on the point that the [
Has Bitcoin’s Bull Run Really Ended? Here’s What MVRV Data Suggests
Bitcoin continues to retrace from its record highs, with the asset trading below $115,000 at the time of writing. Current price levels place Bitcoin near $113,098, a decline of around 6.5% over the past week and close to 9% below its all-time peak. Despite the downturn, analysts monitoring on-chain data suggest the broader market cycle […]
Bitcoin Accumulator Addresses Demand Reaches Highest Levels Ever – Details
Bitcoin is entering a decisive phase after several days of consolidation and heightened volatility just below its all-time highs. The price has struggled to sustain momentum, raising concerns about weakening strength in the current trend. Bulls are now tasked with defending key support zones to prevent further bearish speculation and maintain the b