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US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions

U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked…

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SEC’s Gensler says FTX ‘is not unique,’ warns crypto exchanges are commingling functions

SEC Chairman Gensler warns that FTX-like commingling is common in crypto exchanges, highlighting the industry's regulatory challenges. The post SEC’s Gensler says FTX ‘is not unique,’ warns crypto exchanges are…

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Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies

Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising former U.S. President Donald Trump’s pro-bitcoin stance and criticizing President…

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EU report claims Bitcoin Lightning Network and other layer 2 solutions are open to criminal abuse

An EU report raises concerns about Bitcoin's Lightning Network and privacy coins complicating law enforcement efforts in tracing illicit crypto transactions. The post EU report claims Bitcoin Lightning Network and…

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Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover

In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’…

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