BitMine and SharpLink are raising over $25 billion to expand Ether treasuries as US debt hits $37 trillion, fueling bullish crypto market sentiment.
The Federal Reserve said it would sunset a program specifically to monitor banks’ digital assets activities and would integrate them back into its “standard supervisory process.”
Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles.
Crypto ATMs are facing increasing pressure from regulators, including bans at the municipal level.
Critics misunderstand the GENIUS Act’s actual influence. It doesn’t free Bitcoin from taxes but breaks Wall Street’s stranglehold on dollar clearing.
The Bank for International Settlements floated a compliance score for crypto-to-fiat off-ramps, using transaction history to flag and potentially freeze “tainted” assets.
The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams.
The Office of Foreign Assets Control said it was taking additional action against the crypto exchange after including it on its list of Specially Designated Nationals in 2022.
Bitpanda enters the UK with 600+ crypto assets, an Arsenal FC partnership and B2B white-label services, but faces stiff competition in a market stalled by slow regulation.
Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange.