Digital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of its now-defunct Genesis subsidiary, have agreed to pay a combined $38.5 million in civil penalties to settle securities fraud charges with the U.S. Securities and Exchange Commission (SEC).…
Amid a broader upward trajectory in cryptocurrency valuations, the non-fungible token (NFT) market registered a measured 2.78% increase in total sales during the week spanning Jan. 10–17, 2025. Over this period, aggregate digital collectible sales amounted to approximately $156.13 million,…
Crypto exchange Crypto.com has received in-principle approval for a European Union (EU) Markets in Crypto Assets (MiCA) license from Malta’s Financial Services Authority, edging it closer to be able to operate fully across the trading bloc. The in-principle license means…
Boerse Stuttgart Digital, a unit of stock exchange operator Boerse Stuttgart, said it was granted a crypto asset service provider (CASP) license by the German regulator BaFin allowing it to provide services across the European Union under the bloc’s Markets…
A coin named Official Trump ($TRUMP) launched on Solana at 2am UTC today and has rocketed to a fully diluted market capitalization of $18 billion, although 80% of supply is locked, so is it a scam? At press time the…
A fellow at crypto think tank Coin Center filed suit against U.S. Attorney General Merrick Garland on Thursday, seeking a judge’s guarantee that the Department of Justice (DOJ) will not be able to prosecute his forthcoming crypto project for violating…
Donald Trump’s official social media accounts have created a stir by promoting a Solana-based meme coin called “Official Trump (TRUMP),” just days before his second presidential inauguration on Jan. 20. The posts, shared on Jan. 18 via X (formerly Twitter)…
The U.S. Securities and Exchange Commission’s top lawyer, General Counsel Megan Barbero, will step away next week, joining the exodus of top agency officials who had been responsible for the SEC’s legal battles with the crypto industry in recent years.…
Brian Armstrong, CEO of Coinbase, has publicly endorsed a proposal for global leaders to establish Bitcoin strategic reserves. In a Jan. 17 blog post discussing “economic freedom,” Armstrong highlighted cryptocurrencies as “the next chapter of capitalism” and outlined steps for…
Republican U.S. Senator Cynthia Lummis took aim at two federal agencies on behalf of the crypto industry this week, just days before the wide-reaching transition of the federal government when President-elect Donald Trump again takes office. Lummis warned the U.S.…