News BTS
Tai Mo Shan, a subsidiary of Jump Crypto, has agreed to pay $123 million to settle charges brought by the U.S. Securities and Exchange Commission (SEC) over allegations it misled investors about the stability of TerraUSD (UST), an algorithmic stablecoin that…
MicroStrategy, led by Bitcoin advocate Michael Saylor, has expanded its board of directors, appointing former Binance.US CEO Brian Brooks along with Jane Dietze and Gregg Winiarski. The new appointments were disclosed in a December 20 filing with the U.S. Securities and…
Interpol has issued a “Red Notice” for Richard Schueler, widely known as Richard Heart, the founder of Hex, on allegations of tax fraud and assault. The notice, requested by Finnish authorities, seeks Schueler’s provisional arrest but does not constitute an international…
Coinbase is facing criticism after deciding to delist Wrapped Bitcoin (WBTC) from its platform, citing unacceptable risks linked to Justin Sun, the founder of Tron. The announcement of the suspension, made in November, has now become the subject of a lawsuit…
Japanese investment firm Metaplanet is poised to achieve its first consolidated operating profit in seven years, just months after incorporating Bitcoin into its balance sheet. The Tokyo-based firm announced on December 18 that it expects to generate 890 million Japanese yen…
Senator Tim Scott, the next U.S. Senate Banking Committee Chair, has promised action on crypto legislation during a Washington event. Speaking at the Policy Summit by Blockchain Association, Scott stresses that crypto has the “potential to democratize the financial world.” “In…
Ohio Representative Derek Merrin has introduced a bill that aims to authorize the state’s treasury to invest public funds in Bitcoin. The proposal, known as House Bill 703 or the Ohio Bitcoin Reserve Act, seeks to establish a Bitcoin fund within…
The Bitcoin Policy Institute has proposed an executive order to create a Strategic Bitcoin Reserve under the U.S. Treasury’s Exchange Stabilization Fund (ESF) in the Trump administration. If adopted, this move aims to position the United States as a global leader…
The EU’s financial markets regulator, the European Securities and Markets Authority (ESMA), has released updated regulatory technical standards and guidelines. The decision comes ahead of the full Markets in Crypto Assets Regulation (MiCA) application. The rules are set to effect on…
Tether, the issuer of the largest stablecoin by market capitalization, has made a $775 million investment in Rumble, a video-sharing platform known for championing free speech and offering an alternative to YouTube. “Tether deeply believes in the fundamental values of freedom…
Google has announced a policy update requiring advertisements for digital asset exchanges and wallets in the United Kingdom to register with the Financial Conduct Authority (FCA) before being allowed to run on its platform. The new policy will take effect on…
The latest crypto market crash has hit Cardano (ADA) hard, but the worst might already be over, and bulls will be hoping that the cryptocurrency is still headed for a positive start to 2025. Cardano (ADA) cratered as low as $0.76…