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The GENIUS Act leaves a foreign stablecoin loophole that puts US issuers at a competitive disadvantage, says former CFTC Chair Timothy Massad. The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s status as the…
The crypto industry in the UK is pushing for the government to change the rules of the road, and it just may be working. Despite promises from past prime ministers to turn the UK into a crypto hub, the UK is still cautious about regulating the crypto industry. In 2022, then Prime Minister Rishi Sunak…
Crypto Week in the US ends with some victories for the crypto lobby, with the GENIUS Act headed to Trump’s desk. The US Congress has concluded its Crypto Week with the passage of the GENIUS Act and is sending other bills to the Senate after successful votes and no small amount of deliberation. The US…
Crypto criminals are using cross-chain tools like bridges, DEXs and coin swappers to obscure $21.8B in illicit flows across multiple blockchains. At least $21.8 billion in illicit or high-risk crypto has flowed through crosschain swaps, up from $7 billion in 2023, according to estimates by UK-based blockchain analytics firm Elliptic. Elliptic attributes 12% of those…
“North West Independent Film Festival | TAKE ONE Watch Online” The inaugural edition of the North West Independent Film Festival in Preston used its second day to focus on the theme of ‘Shifting Grounds: Breaking Cycles, Seeking Truths’, showcasing films which hold a spirit of independence and creative ambition. The vast range of genres, formats,…
When mining got tough, these firms chased AI dreams. Here’s how it panned out. Bitcoin miners turned to the rising AI trend ahead of the 2024 halving, which cut block rewards to 3.125 Bitcoin (BTC). Some just dipped their toes in, while others dove deeper, repurposing rigs, raising credit and signing billion-dollar deals. But how’s…
The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny. Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s (FATF) Travel Rule. The Travel Rule mandates crypto service providers to collect…
Blockchain has already played a role in protecting consumers against food fraud, but there are lessons to be learned before it starts to truly pay off. Food fraud siphons up to $50 billion from the global food industry every year and endangers public health. When deployed rigorously and realistically, blockchain could prevent this shadowy crime….
This month, Bitcoin hit $111,000, crypto laws in the United States blazed ahead yet again, and Coinbase joined the S&P 500. May saw bullish momentum in crypto markets as Bitcoin (BTC) reached a new all-time high above $111,000 and Coinbase joined the S&P 500. Markets could breathe a sigh of relief when, on May 12,…
From institutional inflows to the rising stablecoin economy, the top Bitcoin bulls of 2025 are calling for prices as high as $1.5 million. Do they know something we don’t? Top Bitcoin (BTC) bulls in 2025 have updated their price forecasts, and they range from a relatively cautious $130,000 to seven-figure moonshots. Familiar doubters like gold…