Latest news on Regulations
Crypto ATMs Seized in the UK Amid Growing Scrutiny of Kiosk-Based Exchanges
By Damon Rhodes | July 21, 2025
Illegal Crypto ATMs Seized in London Seven crypto ATMs were seized in southwest London, and two individuals were arrested by authorities on suspicion of money laundering and operating an illegal cryptocurrency exchange. The operation, which took place on Thursday, was a joint effort between the UK F...
FTX Seeks Time to Respond as Creditors Fight Freeze on $470M Foreign Claims
By Damon Rhodes | July 21, 2025
FTX estate seeks delay in court The estate of bankrupt cryptocurrency exchange FTX is requesting a delay in a Delaware court as it works through over 90 objections challenging its proposed freeze on repayments in certain “foreign jurisdictions.” According to a court document reviewed by sources, the...
Stablecoin Issuer Tether Freezes Funds, Sparks Decentralization Debate
By Elliot Graves | July 21, 2025
Tether Freezes Stolen Funds Tether, the issuer of the world's largest stablecoin, made headlines on Sunday after announcing the freeze of $85,877 in USDt tied to stolen funds. The move, done in collaboration with law enforcement, has reignited the ongoing debate surrounding the role of centralized s...
CoinDCX Launches Recovery Effort with Bounty for White Hat Hackers
By Elliot Graves | July 21, 2025
CoinDCX's White Hat Recovery Bounty Program Indian cryptocurrency exchange CoinDCX has announced a recovery effort after experiencing a $44 million exploit, with the firm offering a bounty for white hat hackers to help retrieve the stolen funds. The hack...
**COINS Act model law offers blueprint for crypto regulation in India**
By Elliot Graves | July 21, 2025
Introducing the COINS Act Web3 venture firm Hashed Emergent and policy advisory group Black Dot have released a model crypto law aimed at clarifying India’s regulatory framework around digital assets. The Crypto-systems Oversight, Innovation and Strategy (COINS) Act offers a legislative blueprint to...
XRP Rally of 2025: Regulatory Clarity and Institutional Adoption Drive Surge
By Sienna Hartley | July 20, 2025
Regulatory Clarity and Institutional Adoption The XRP price rally of 2025 is not merely a speculative frenzy—it is a calculated response to a tectonic shift in the crypto landscape. By mid-July, XRP had pierced the $3...
Tether's Regulatory Challenges and Market Impact
By Damon Rhodes | July 20, 2025
Tether's Regulatory Milestone and the GENIUS Act Tether, the world's largest stablecoin, has achieved a significant milestone with 160 billion USDT in circulation. However, the company is facing regulatory challenges, particularly with the introduction of...
Experts say ‘just a starting point’ as Crypto Week ends on a high note
By Sienna Hartley | July 20, 2025
Regulatory Progress Marks End of Crypto Week The proclaimed Crypto Week has concluded with significant regulatory progress, including the passage of the much-anticipated GENIUS Act. However, industry experts claim the regulatory clarity is just the foundation for what lies ahead...
US Lawmaker Raises Concerns Over GENIUS Bill's Potential Impact on CBDCs
By Elliot Graves | July 20, 2025
Congresswoman Greene's Warning United States congresswoman Marjorie Taylor Greene recently spoke out against the GENIUS stablecoin bill, claiming that it could serve as a "backdoor" for the government to introduce a central bank digital currency (CBDC) disguised as privately issued crypto tokens. Sh...
GENIUS Act blocks Big Tech, banks from dominating stablecoins: Circle exec
By Sienna Hartley | July 20, 2025
The GENIUS Act's Impact on Stablecoin Market According to Circle Chief Strategy Officer Dante Disparte, the GENIUS Act includes a provision that prevents technology giants and Wall Street behemoths from monopolizing the stablecoin market. Disparte referred to this provision as a "Libra clause" durin...