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Montana Cracks Down on Crypto Scams as .5 Billion in Fraud Sparks Statewide Alarm

Montana Cracks Down on Crypto Scams as $12.5 Billion in Fraud Sparks Statewide Alarm

Leave a Comment / Featured, Fraud, Montana MT /

The U.S. state of Montana is considering new digital asset regulations as crypto scams surge, targeting vulnerable residents with fraud schemes and driving a sharp rise in financial losses. Montana Ramps up Fight Against Digital Asset Scams Montana Commissioner of Securities and Insurance James Brown issued a warning this week over a surge in cryptocurrency-related […]

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Swiss National Bank Says No to Bitcoin Reserve—No Plans to Buy Crypto Assets

Swiss National Bank Says No to Bitcoin Reserve—No Plans to Buy Crypto Assets

Leave a Comment / Bitcoin (BTC), Central Bank, Featured, Switzerland /

Switzerland’s central bank flatly rejected cryptocurrency for reserves, citing wild price swings, legal fragility, and software flaws as global momentum builds toward digital assets. No Crypto for Now: Swiss Central Bank Rebuffs Digital Assets in Reserve Strategy Swiss National Bank (SNB) Vice President Martin Schlegel clarified Thursday in Zurich that Switzerland’s central bank has no

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Australia plans clear crypto laws to boost innovation and investor safety

Australia plans clear crypto laws to boost innovation and investor safety

Leave a Comment / Adoption, Australia, crypto, Featured, Regulation /

Australia is taking decisive steps toward establishing a clear regulatory framework for the crypto sector, according to the Treasury’s Statement on Developing an Innovative Australian Digital Asset Industry. The Treasury said the move aims to provide greater consumer protection, reduce risk, and bring much-needed clarity to the industry. Regulatory framework Under the proposed framework, certain

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IMF updates global standards to include crypto in balance of payments

IMF updates global standards to include crypto in balance of payments

Leave a Comment / Adoption, crypto, Featured, Regulation, TradFi /

The International Monetary Fund (IMF) has overhauled its balance of payments standards to reflect the growing impact of digital assets. According to the newly released Balance of Payments Manual, Seventh Edition (BPM7), cryptocurrencies like Bitcoin (BTC) are now classified as non-produced nonfinancial assets, while certain tokens are treated akin to equity holdings. The updated manual,

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Ethereum-based RWA protocol Zoth hacked second time in a month for .85 million

Ethereum-based RWA protocol Zoth hacked second time in a month for $8.85 million

Leave a Comment / crypto, DeFi, Featured, Hacks, RWA /

Zoth, an Ethereum-based platform focused on tokenized real-world assets, suffered a second major security breach in less than three weeks on March 21, with attackers draining $8.85 million in digital assets. The company confirmed the breach and is working with security experts to investigate the incident. Zoth is also offering a $500,000 bounty for information

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Coinbase reportedly in advanced talks to acquire crypto derivatives exchange Deribit

Coinbase reportedly in advanced talks to acquire crypto derivatives exchange Deribit

Leave a Comment / crypto, Deals, Exchanges, Featured /

Coinbase is in advanced negotiations to acquire the crypto derivatives platform Deribit, Bloomberg News reported on March 21, citing people familiar with the matter. The parties have reportedly notified Dubai regulators about the ongoing discussions since Deribit holds a license in the jurisdiction that would transfer to any acquiring entity.  Sources told the newswire that

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The FAIR Act Would Protect Bitcoin Holders

The FAIR Act Would Protect Bitcoin Holders

Leave a Comment / civil asset forfeiture, FAIR Act, Featured, Politics, Strategic Bitcoin Reserve /

A few weeks ago, we briefly touched on how civil asset forfeiture may apply to Bitcoin, a process in which the Government may seize citizen’s assets without accusing a person of a crime. With the US Government stating that civil asset forfeiture will form a key pillar in building its Strategic Bitcoin Reserve, the Fifth

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Strategy secures 1M to fuel Bitcoin buying spree amid liquidity challenges

Strategy secures $711M to fuel Bitcoin buying spree amid liquidity challenges

Leave a Comment / Adoption, Bitcoin, Bitwise, BTC, crypto, Featured, Strategy, STRF, STRK /

Strategy, formerly known as MicroStrategy, revealed that it secured over $700 million from a recent preferred stock offering designed to purchase more Bitcoin. On March 21, the firm confirmed the sale of 8.5 million shares of its Series A Perpetual STRF Preferred Stock. Each share was priced at $85 and offered a 10% annual dividend.

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China calls for digital yuan expansion amid US stablecoin dominance concerns

China calls for digital yuan expansion amid US stablecoin dominance concerns

Leave a Comment / china, Featured, Stablecoins, US /

China has raised concerns about the growing dominance of US dollar-backed stablecoins in global finance. A senior economist from one of the country’s research bodies has warned that their unchecked rise could further solidify the United States control over the international monetary system. Dollar-backed stablecoins raise concerns According to Zhang Ming, deputy director at the

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Leaked memo suggests blockchain overhaul of USAID amid Donald Trump-era government changes

Leaked memo suggests blockchain overhaul of USAID amid Donald Trump-era government changes

Leave a Comment / Adoption, Donald Trump, Featured, Politics, Technology, US /

The US government may be preparing to overhaul the United States Agency for International Development (USAID), with blockchain technology set to play a pivotal role. A leaked internal memo has revealed that the Trump administration is evaluating a plan to reshape USAID’s structure, align it more closely with the State Department, and introduce emerging technologies

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