Auto Added by WPeMatico

US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve

U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance…

Continue ReadingUS Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve

UAE Bank Launches VASP-Focused Accounts for Managing User Funds

Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move…

Continue ReadingUAE Bank Launches VASP-Focused Accounts for Managing User Funds

US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile

U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump…

Continue ReadingUS Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile

Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation

Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security…

Continue ReadingRipple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation

SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud

The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million…

Continue ReadingSEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud

Central Bank of Brazil Aims to Finalize Crypto Exchange Regulation by Early 2025

According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second…

Continue ReadingCentral Bank of Brazil Aims to Finalize Crypto Exchange Regulation by Early 2025

SEC charges BitClout founder Nader ‘Diamondhands’ Al-Naji with wire fraud, civil securities violations

The SEC's charges against Al-Naji highlight the increasing regulatory scrutiny and potential legal risks in the crypto industry. The post SEC charges BitClout founder Nader ‘Diamondhands’ Al-Naji with wire fraud,…

Continue ReadingSEC charges BitClout founder Nader ‘Diamondhands’ Al-Naji with wire fraud, civil securities violations