Latest news on Regulations
Boom in RWA Tokenization Anticipated Following Passage of GENIUS Act
By Sienna Hartley | July 22, 2025
Regulatory Environment Boosts RWA Tokenization Real-world asset (RWA) tokenization is gaining momentum as a significant innovation on Wall Street, with the recent approval of pro-industry legislation, including the US GENIUS Act. Solomon Tesfaye, the chief business officer of Aptos Labs, highlighted...
Microsoft Releases Emergency Patches for SharePoint Software Amid Attacks
By Elliot Graves | July 22, 2025
Microsoft has taken urgent action to protect users of its SharePoint work management software by releasing emergency security patches in response to zero-day vulnerabilities. These vulnerabilities have been exploited in spoofing attacks that have resulted in the theft of sensitive data and passwords...
FBI Ends Investigation of Kraken Co-Founder, Returns Confiscated Devices
By Elliot Graves | July 22, 2025
FBI Investigation Conclusion The US Federal Bureau of Investigation (FBI) has concluded its investigation into Kraken co-founder Jesse Powell and has returned the property that was seized during a search of his home in 2023. According to a report by Fortune on Tuesday, the FBI returned electronic de...
KuCoin Bolsters Global Presence with Strategic Developments in H1 2025
By Elliot Graves | July 22, 2025
Security and Compliance Priorities KuCoin, a prominent cryptocurrency exchange, released its H1 2025 report, highlighting significant advancements in security measures, regulatory alignment, and product innovation. With a user base exceeding 41 million re...
Roman Storm's Mistrial Request Over Testimony of Scam Victim
By Elliot Graves | July 22, 2025
Defence Questions Witness Testimony Tornado Cash co-founder Roman Storm's legal team is considering requesting a mistrial following the testimony of a government witness during his trial. The witness, Hanfeng Lin, was questioned by Storm's defense lawyers, who claimed that her testimony was irreleva...
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...