Policy and Regulation

US sanctions tech firm tied to multi million dollar crypto scam operations

US sanctions tech firm tied to multi million dollar crypto scam operations

The US government on Thursday imposed sanctions on Funnull Technology Inc. Tools provided by Funnull made it easier for fraud networks to switch domains and evade detection. Under the sanctions, all US-based assets or interests tied to Funnull or Liu are blocked. The US government on Thursday imposed sanctions on Funnull […]

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Bybit opens European headquarters in Vienna after securing MiCA license in Austria

Bybit opens European headquarters in Vienna after securing MiCA license in Austria

Bybit opens European HQ in Vienna after securing Austria’s MiCA license. The MiCA license allows Bybit to serve all 29 European Economic Area countries. Bybit plans 100+ hires and collaboration with local universities in Vienna. Bybit is establishing its European headquarters in Vienna, Austria, following the successful acquisition of a license under the European Union’s

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UK confirms crypto tax data rules under CARF; first deadline set for May 2027

UK confirms crypto tax data rules under CARF; first deadline set for May 2027

CASPs must collect all user data but report only on UK and CARF tax residents. Service providers will incur up to £300 penalty per user for non-compliance. UK aligns with over 40 jurisdictions pushing for crypto tax transparency. The UK government has confirmed it will implement new crypto tax data rules under the Organisation for

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Coinbase CEO bullish on stablecoin bill’s senate fate despite political headwinds

Coinbase CEO bullish on stablecoin bill’s senate fate despite political headwinds

Coinbase CEO is “optimistic” about Senate passing stablecoin legislation soon, despite recent setbacks. A key Senate vote on the bill failed last week due to Democratic concerns, including potential benefits for Trump. Coinbase is set to join the S&P 500, a move Armstrong calls a sign “crypto’s here to stay.” Coinbase CEO Brian Armstrong conveyed

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Trump’s crypto ties derail bipartisan stablecoin push in senate

Trump’s crypto ties derail bipartisan stablecoin push in senate

A bipartisan stablecoin bill (GENIUS Act) faces Senate roadblocks due to Democratic concerns over Trump’s crypto ties. Democrats cite Trump’s memecoin, stablecoin involvement, and potential Binance stake as raising conflict-of-interest issues. Nine Senate Democrats (including previous supporters) now oppose the bill’s current form, demanding stronger safeguards. What recently appeared as a rare opportunity for bipartisan

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