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UK Court Recognizes USDT as ‘Distinct Form of Property’

A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets,…

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Economist Peter Schiff Criticizes Lackluster Media Coverage of Gold’s Bull Market

Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to…

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New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets

A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission…

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Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes

An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case…

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Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality

The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used…

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Two-Year Investigation Yields Partial Recovery in Crypto Scam

San Luis Obispo County Sheriff’s detectives in California, United States, have recovered nearly $5,000 of the $17,000 stolen in a cryptocurrency scam targeting victims in Los Osos two years ago.…

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US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions

The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47…

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Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains

A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over…

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Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network

Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform,…

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Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash

Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much…

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