Uncategorized Archives - Page 17 of 146

TuesdayMay 13, 2025 9:00 am

Why the Crypto Bill in the US Senate Tanked

The crypto sector has just hit its first major obstacle under Donald Trump’s second term after enjoying a period of unprecedented support in Washington. Senate Democrats recently blocked a crypto measure that had strong backing from the industry, signaling a shift in momentum on Capitol Hill. While the proposal isn’t entirely off the table, its path forward is uncertain, especially as political divisions deepen. The sector has spent vast sums trying to win over lawmakers across the political spectrum, but partisan tensions are undermining that strategy. Democrats, aiming to push back against Trump’s influence, are increasingly hesitant to support measures…

FridayMay 09, 2025 9:00 am

VC Funding to Crypto Firms Slows to Multiyear Level in April

Venture capital investment in the crypto sector is declining, both in terms of the amount raised and the frequency of deals. The latest data from April shows that instead of a wide spread of smaller investments, there are fewer but much larger funding rounds. According to Cryptorank, there were 94 deals in April totaling $2.37 billion. That’s a steep drop from the 140 deals in March, which brought in more than $5 billion. Among these, Dao5 stood out with an unannounced round reportedly worth $222 million. These numbers are starting to resemble some of the slower periods during the 2022–2023…

ThursdayMay 08, 2025 9:00 am

EU to Outlaw Anonymous Crypto Accounts by 2027

The European Union (EU) is preparing to enforce strict new rules targeting money laundering, with major implications for cryptocurrencies. Starting in 2027, privacy-focused digital currencies and anonymous crypto accounts will no longer be allowed under the bloc’s updated anti-money laundering regulations. This is the latest step in the EU’s ongoing effort to bring the crypto sector in line with traditional financial regulations and eliminate loopholes that could be exploited for illegal activity. The upcoming Anti-Money Laundering Regulation (AMLR) will apply to banks, financial institutions, and crypto service providers. These entities will be required to stop offering anonymous accounts or supporting…

TuesdayMay 06, 2025 9:00 am

UK Prepares to Ban Use of Borrowed Funds to Buy Crypto

UK regulators are taking steps to block investors from using borrowed money, like credit card debt, to buy crypto. The move is part of a broader effort to update how digital assets are monitored and to protect consumers as the market grows rapidly. Digital currencies like Bitcoin have seen huge price swings in recent months, especially following U.S. President Donald Trump’s win. These surges have raised concerns about how people are getting involved in crypto investing, prompting the Financial Conduct Authority (FCA) to consider tighter oversight while also trying to support innovation in the sector. Recent data from YouGov shows…

FridayMay 02, 2025 9:00 am

MasterCard, MetaMask Unveil Revolutionary Card for Crypto Self-Custody

MetaMask, one of the most recognized names in self-custody crypto wallets, has partnered with MasterCard to roll out a new metal payment card. The card is designed to bridge the gap between real-world spending and digital assets, potentially reshaping how crypto holders use their funds for everyday transactions. Set for a global release in Q2 of 2025, the MetaMask Metal Card introduces a new way for users to spend crypto directly from their wallets. Unlike existing crypto cards that require users to convert digital assets into fiat or pre-load them, this card enables direct payments from MetaMask’s non-custodial wallets—no middlemen,…

ThursdayMay 01, 2025 9:00 am

New SEC Chair Vows to End Regulatory Overreach, Boost Crypto Investor Confidence

The crypto sector is entering a potentially transformative phase as the U.S. SEC welcomes new leadership under Paul Atkins. His appointment signals a clear break from past regulatory practices, with promises of fairness, transparency, and a more structured approach to digital asset oversight. Atkins was officially sworn in last week to lead the SEC. At the ceremony, President Donald Trump commended his experience in the blockchain and crypto industries. Trump pointed to Atkins’ past role as co-chair of the Digital Chambers Token Alliance as a sign of his strong ties to the sector. “Paul is exactly who we need right…

TuesdayApr 29, 2025 9:00 am

North Korean Operatives Are Using Fake American Companies to Lure Crypto Developers

North Korean hackers have reportedly managed to create two fake companies in the U.S., slipping past Treasury Department sanctions in an effort to target crypto developers with malware. The companies, Softglide LLC and Blocknovas LLC were registered in New York and New Mexico, respectively, using fake addresses and names. According to a Silent Push research cited by Reuters, Blocknovas was registered with an address in Warrenville, South Carolina, but when checked on Google Maps, the location turned out to be an empty piece of land. Meanwhile, Softglide’s registration is linked to a tax office based in Buffalo. A third company,…

FridayApr 25, 2025 9:00 am

EU Commission Unhappy as ECB Raises Concerns about Trump’s Impact on Crypto Laws

Tensions are rising between the European Commission and the European Central Bank (ECB) over whether the EU’s recent crypto regulations are tough enough to handle a potential surge in U.S.-backed digital currencies, especially with Donald Trump’s return to the White House. The ECB has warned that Trump’s strong backing of the U.S. crypto industry could bring financial risks to Europe, with the potential to spread instability. In a policy document, the Bank urged that the EU’s Markets in Crypto Assets (MiCA) regulation, which only recently took effect, needs to be urgently revised. The Commission, however, dismissed the ECB’s concerns, suggesting…

ThursdayApr 24, 2025 9:00 am

Could Bitcoin Be Gearing Up for a Rebound, or a Crypto Winter?

Bitcoin’s price currently sits around $83,794, slipping by 2.47% in the last 24 hours. Even with this short-term dip, it’s still showing gains of over 8% in the last week. At first glance, the drop might not seem significant, but there are growing signs that the market could be entering a deeper bearish phase—what many call a “crypto winter.” According to a recent update from Coinbase, multiple factors are putting pressure on the crypto space. Global trade tensions, weakening investor confidence in the stock market and a sharp drop in the broader crypto market (excluding BTC) are raising concerns. That…

TuesdayApr 22, 2025 9:00 am

China Unsure How to Deal with Seized Crypto from Criminal Actors

China is grappling with what to do about a growing stockpile of digital currencies confiscated in criminal cases. With cryptocurrency trading banned across the country, local governments are stuck figuring out how to deal with seized assets like Bitcoin. The lack of clear national rules on the matter has led to a mix of ad-hoc responses, which some legal experts warn could lead to shady practices and undermine trust in the system. Attorneys, judges, and law enforcement are now pushing for policy updates to bring consistency to how these digital coins are handled. If successful, such changes could significantly alter…