Regulation Archives - Page 21 of 58

Bitcoin price chart showing downward trend after US reserve announcement

Co-Founders of HashFlare Accept Wire FraudPlea Bargain with US

February 12, 2025 Dan K

HashFlare co-founders pleaded guilty to wire fraud in the US, agreeing to forfeit frozen digital assets. They face up to 20 years in prison after sentencing.

A digital screen showing a hacked social media account, symbolizing cybersecurity threats in the crypto industry.

Tokyo-Listed Gaming Studio Gumi Acquires ¥1 Billion Worth of Bitcoin

February 11, 2025 Dan K

Tokyo-listed Gumi acquires ¥1 billion in Bitcoin to boost blockchain investments, join Babylon staking, and expand its Web3 and token management strategy.

Saudi Arabian officials and tech leaders announce a $14.9B AI investment at a technology conference in Riyadh.

Saudi Arabia Partners with Tech Giants in $14.9B AI Expansion

February 10, 2025 Dan K

Saudi Arabia has committed $14.9 billion to AI through global tech partnerships, including Google, Lenovo, and Alibaba, as it aims to become a regional AI hub.

A South Korean courtroom with a judge delivering a verdict on cryptocurrency-related charges against lawmaker Kim Nam-kuk.

South Korean Lawmaker Acquitted in Crypto Asset Concealment Case

February 10, 2025 Dan K

South Korean lawmaker Kim Nam-kuk was acquitted of crypto concealment charges. The court ruled disclosure of virtual assets wasn’t legally required.

A digital representation of cybercrime with a hacker in the background and Bitcoin symbols on a screen

Coinbase Holds Over $420 Billion in Crypto, Surpassing 21st Largest US Bank

February 9, 2025 Dan K

Coinbase holds $420B+ in digital assets, exceeding the 21st largest US bank in AUM, highlighting crypto’s growing role in global finance.

David Sacks discussing US Bitcoin acquisition at Bitcoin 2025 conference

Poland’s Central Bank Rules Out Bitcoin for Reserves

February 8, 2025 Dan K

Poland’s central bank rejects Bitcoin for reserves, citing security risks and volatility. NBP prioritizes gold, U.S. dollars, and euros for stability.

A Bitcoin mining rig operating in Russia with digital security elements

Russian Bitcoin Miners Fear Sanctions as Government Registers Wallets

February 7, 2025 Dan K

Russian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data.

Telegram founder Pavel Durov in a formal setting, facing legal challenges.

Phishing Attackers Target Phantom Wallet Users with Fake Update Pop-Ups

February 7, 2025 Dan K

Scammers lure Phantom wallet users with fake update pop-ups, tricking them into revealing their seed phrase. Learn how to spot and avoid this crypto scam.

Hong Kong Lawmaker Calls for Crypto Acceleration After U.S. Crypto Czar’s Speech

February 5, 2025 Dan K

Hong Kong lawmaker Johnny Ng urges faster crypto initiatives after U.S. crypto czar David Sacks’ speech, highlighting stablecoins and Bitcoin reserves.

Blockchain

FTX’s Bahamas Arm to Begin Creditor Repayments on Feb. 18

February 4, 2025 Dan K

FTX Digital Markets will repay creditors from Feb. 18, reimbursing claims under $50K with 9% interest after the exchange’s 2022 collapse.