White House Crypto Summit: David Sacks’s New Corruption Scandal
David Sacks faces corruption allegations that could impact the future of crypto regulation and the Web3 ecosystem.
Regulation
International operation busts crypto fraud network that laundered more than $815 million
Major international crackdown on crypto fraud reveals systemic vulnerabilities, urging stronger regulations in the digital currency landscape.
Italy Launches ‘In-Depth’ Review of Crypto Risks
Italy’s regulators launch a probe into crypto risks, signaling a shift in the global approach to digital asset regulation.
British threat actor reportedly arrested, $18.6M crypto seized
British cybercriminal arrested; $18.6M crypto seized. Implications for market dynamics and regulatory landscape discussed.
IMF Warns Stablecoins Pose Financial Stability Risks as Cross-Border Flows Surpass Bitcoin and Ethereum
IMF warns that rising stablecoin flows could disrupt financial stability, especially in emerging markets.
Italy orders non-compliant VASPs to exit as MiCAR rules kick in
Italy mandates VASPs to comply with MiCAR by 2025, enhancing investor protection and market integrity in crypto.
Italy Launches ‘In-Depth’ Review of Crypto Risks
Italy’s regulators launch a review of crypto risks, signaling a shift towards comprehensive financial oversight in the digital asset space.
China has declared all crypto activity, including stablecoins, “illegal”.
China bans all crypto activities, emphasizing stablecoins as a threat, impacting global regulatory landscapes and market dynamics.
US investors consider crypto less as risk-taking drops: FINRA study
U.S. investors show steady crypto engagement but reduced risk appetite, impacting future market dynamics.
CertiK hails U.S. stablecoins and digital asset custody legislation for crypto boost
U.S. legislation on digital assets could enhance market stability and attract institutional investments, boosting the crypto landscape.