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‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters

The “Stand with Crypto” alliance has achieved a notable milestone, surpassing one million supporters as reported on its official website. This non-profit organization is committed to mobilizing global crypto advocates.…

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Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued

Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some…

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Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach

The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which…

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Turkey Rules out Taxes on Crypto Profits, Considers Limited Transaction Tax

Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering…

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FBI Warns of Crypto Scams in Fake Work-From-Home Jobs

The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals…

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39% of Family Offices Investing or Exploring Cryptocurrencies: BNY Mellon

The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies…

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Hacked Japanese Crypto Exchange to Raise 50 Billion Yen to Repay Customers

DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in…

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SEC Closing Salt Lake Regional Office After Failed Legal Battle Against Crypto Firm

The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO) due to attrition and a focus on organizational efficiency. This move will…

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First Civil Lawsuit Filed Against Crypto Platform JPEX for Alleged Fraud

Two citizens, Chan Wing-yan and Herbert Lee Sun-him, have filed the first civil lawsuit against the cryptocurrency platform JPEX, seeking to recover approximately 240,000 units of tether, worth about HK$1.85…

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