Stablecoins and crypto regulation took center stage at a Senate Banking Committee hearing, marking a key step toward a legislative framework for digital assets. Chaired by Wyoming Senator Cynthia Lummis, a strong crypto...

The U.S. House of Representatives has taken a key step to overturn an IRS rule that imposes strict tax reporting on decentralized finance (DeFi) platforms. The House Ways and Means Committee voted 26-16 in favor of a...

The FBI has identified North Korea as the culprit behind the massive $1.5 billion cryptocurrency theft from ByBit, a major crypto exchange. The agency attributed the attack to the TraderTraitor hacking group, known for...

The U.S. Securities and Exchange Commission (SEC), the Tron Foundation, and Justin Sun have jointly requested a federal judge to pause the regulators lawsuit against Sun and his company. The motion, filed Wednesday,...

The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into Gemini, but Gemini co-founder Cameron Winklevoss isnt letting it go. On Wednesday, Winklevoss revealed that the SEC informed Gemini it...

Bank of America is prepared to launch its own U.S. dollar-backed stablecoin if lawmakers approve necessary legislation, CEO Brian Moynihan said in an interview at the Economic Club of Washington, D.C. If they make that...

OKX, one of the largest cryptocurrency exchanges, has settled with the U.S. Department of Justice (DOJ) over allegations of operating without a money transmitter license. The exchanges affiliate, Aux Cayes FinTech Co....

U.S. authorities have seized approximately $31 million in cryptocurrency linked to the 2021 Uranium Finance hack, according to the Southern District of New York (SDNY). The recovery was part of a joint operation between...

The U.S. government has initiated a civil forfeiture action to seize cryptocurrency assets linked to a wire fraud and money laundering case. The seized digital assets, confiscated from a Binance account in October 2024,...

Japans Financial Services Agency (FSA) has approved new regulations to strengthen stablecoin collateral management and improve user protection in the cryptocurrency sector. This move follows growing concerns over digital...