Blockchain News Archives - Page 30 of 31

Russian AML Agency Wants to Criminalize Illegal Crypto Mining

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The Russian AML agency wants to impose criminal liability on illegal crypto miners operating in the country, claiming that illicit miners are helping launder funds for lawbreakers. Per the Russian Parliamentary Gazette, the plan is the brainchild of the Federal Financial Monitoring Service (Rosfinmonitoring). The agency is also working on the plan with the Russian […]

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Samourai Wallet Dismissal Bid Gains Steam After DOJ Policy Pivot, 16-Day Delay

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Samourai Wallet lawyers and U.S. prosecutors have jointly requested an extension for their respective pretrial motions after the Department of Justice (DOJ) shifted its stance on digital asset litigation earlier this month, an April 28 court filing shows. Samourai Wallet Founders Push To Drop Case According to a Monday letter addressed to U.S. District Judge

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Circle Gets Abu Dhabi Nod—Will Its B IPO Follow?

Circle Gets Abu Dhabi Nod—Will Its $4B IPO Follow?

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Key Takeaways: Circle secures Abu Dhabi’s regulatory approval, edging closer to UAE dominance. Hub71 partnership grants Circle sandbox access and startup grants. IPO filing targets $4 billion valuation with JP Morgan and Citi Backing. Circle, the company behind USDC and EURC stablecoins, took a major step forward. Abu Dhabi’s Financial Services Regulatory Authority (FSRA) granted

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FTX Sues NFT Stars and Kurosemi over .3M Token Shortfall

FTX Sues NFT Stars and Kurosemi over $1.3M Token Shortfall

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Defunct exchange FTX has filed a lawsuit against digital collectible marketplace NFT Stars and Kurosemi, the company behind the gaming platform Delysium, over a dispute involving undelivered tokens. The FTX lawsuit claims both firms breached their investment agreements by allegedly failing to deliver the agreed-upon digital assets. FTX’s estate has also warned it may take

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David Sacks, Winklevoss Twins Co-Found Exclusive ‘Executive Branch’ Club With 0K Entry Price

David Sacks, Winklevoss Twins Co-Found Exclusive ‘Executive Branch’ Club With $500K Entry Price

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Executive Branch, a project co-founded by Donald Trump Jr., White House crypto czar David Sacks and Gemini co-founders Tyler and Cameron Winklevoss, is charging $500,000 for membership with a growing waiting list. Located in Washington’s Georgetown neighborhood, the club is set to open within weeks. Its launch party on Saturday reportedly drew cabinet officials, tech

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Mastercard Expands Stablecoin Payment Support, Partners With OKX to Launch Crypto Card

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Payments giant Mastercard unveiled a “360-degree” approach that allows 150 million merchants across its network to receive payments in stablecoins. The stablecoin settlement support comes amid increasing global regulatory clarity on digital assets, particularly stablecoins. Mastercard announced its partnership with payments processor Nuvei and stablecoin issuers Circle and Paxos to enable a seamless payment ecosystem.

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Abu Dhabi’s Financial Titans Step Up Crypto Push With Stablecoin Project

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Abu Dhabi is stepping up its ambitions in the digital asset space, with three of its largest institutions joining forces to launch a new dirham-backed stablecoin. Sovereign wealth fund ADQ, conglomerate International Holding Company (IHC) and First Abu Dhabi Bank (FAB) announced on Monday that they are developing a digital token that will be subject

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South Korea’s PPP Pledges to Ditch Crypto Exchange Banking Rules if Elected

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The South Korean People Power Party (PPP) has claimed that it will abolish the country’s controversial crypto exchange banking law if its candidate wins June’s Presidential Elections. The South Korean media outlet EDaily reported that the party has promised to do away with a law that requires domestic banks to form exclusive partnership deals with

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House Financial Services Committee Sets Digital Asset Innovation Hearing For Next Week

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The United States House Committee on Financial Services is slated to host a hearing focused on digital asset innovation next Tuesday, according to the committee’s schedule listed on its website. Digital Assets On HFSC Docket Titled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” the hearing is expected to

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Coinbase Bitcoin Yield Fund Targets 4%-8% Yield, Eyes B Inflows

Coinbase Bitcoin Yield Fund Targets 4%-8% Yield, Eyes $1B Inflows

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Key Takeaways: Coinbase’s new Bitcoin Yield Fund offers annual BTC returns for non-U.S. institutions, filling the yield gap for Bitcoin holders. The fund uses conservative basis trading strategies and third-party custody to minimize risk, targeting cautious institutional investors. This launch is part of the growing demand for compliant, low-risk Bitcoin yield products as institutional adoption

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