Browsing: Business
The U.S. Department of the Treasury formally canceled dual digital asset reporting proposals, confirming that Treasury withdraws crypto surveillance rules targeting self-custodial wallets and virtual currency mixing services. Published by the Financial Crimes Enforcement Network, the administrative decision removes pending
Mainland China’s blanket crypto ban is likely to give way to structured state oversight as technological realities force sovereign nations to engage with public ledgers, Solana Labs CEO Anatoly Yakovenko told The Wall Street Journal. Yakovenko noted that state financial
Federal regulators won a $31 million court judgment against operators of the Fundsz cryptocurrency scheme as United States authorities intensify enforcement against algorithmic trading scams. Judge William P. Dimitrouleas of the U.S. District Court for the Southern District of Florida
The European Union has moved into a formal review of its crypto rulebook, with stablecoins and cross-border token issuance at the center of the work. The European Commission opened the process on May 20, 2026. It set a response deadline
JPMorgan Chase Chief Executive Jamie Dimon has renewed his criticism of proposed U.S. digital-asset legislation, saying banks would oppose the current version of the CLARITY Act because of provisions tied to stablecoin rewards and deposit-like products. Dimon’s remarks focused on
Cryptowire, NEW YORK: Recent surveys and official reports released in 2025 show Gen Z has become one of the strongest drivers of crypto adoption, with younger investors entering markets earlier, holding digital assets at higher rates and playing a growing
CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on ADI Chain, the companies behind the project said on February 11, 2026. The approval
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South America, where the
NEW YORK, December 3, 2025: A broad cryptocurrency sell-off wiped out nearly $1 billion in leveraged positions within 24 hours, marking one of the largest liquidation events of the year and underscoring renewed volatility in digital asset markets. The decline
Washington, October 25: The Federal Reserve appears to be nearing the conclusion of its quantitative tightening program, marking a key shift in U.S. monetary operations as liquidity conditions tighten across short-term funding markets. Analysts and financial institutions report that the central bank’s balance sheet has