Federal Bitcoin Sale Sparks Legal Questions Federal prosecutors in the Southern District of New York, along with the Department of Justice, are facing some serious questions right now. They’re accused of selling millions of dollars in seized Bitcoin, and this move might have directly violated an Executive Order from former President Donald Trump. It’s about…
SEC Commissioner’s departure shifts regulatory landscape Caroline Crenshaw, the SEC commissioner known for her cautious approach to cryptocurrency regulation, is leaving the agency this week. She served more than five years on the commission, and her departure comes after her bid for a second term failed in late 2024. The Senate Banking Committee scrapped a…
Binance’s 2025 Year-End Report Shows Massive Growth Binance has released its year-end open letter covering 2025, and the numbers are pretty staggering. The cryptocurrency exchange now says it has over 300 million global users, which is a significant milestone. When you think about it, that means roughly one in every 27 people worldwide uses cryptocurrency…
Lawmaker warns of regulatory threats to financial freedom Rep. Warren Davidson has raised serious concerns about the direction of US cryptocurrency policy, suggesting that recent legislative moves are undermining the very foundations of Bitcoin’s original purpose. In a year-end post, the congressman argued that regulations like the GENIUS Act and the pending CLARITY Act are…
LEO Token Gains Following Fee Elimination Bitfinex’s decision to scrap trading fees appears to be having an immediate effect. The exchange’s native LEO token jumped 11% today, reaching $7.40 according to CoinGecko data. This comes after the token had been trading as high as $9.51 just last week, then experienced several days of losses. I…
Phishing scheme targets Coinbase users A 23-year-old Brooklyn resident faces serious charges after allegedly stealing $16 million from about 100 Coinbase users. Ronald Spektor, who prosecutors say used the online alias “lolimfeelingevil,” ran a phishing and social engineering operation that convinced people to send cryptocurrency to accounts he controlled. According to authorities, Spektor pretended to…
Tajikistan’s new mining law brings criminal penalties Tajikistan’s parliament made a significant change to their legal system on December 3rd. They amended the Criminal Code to specifically target electricity theft for cryptocurrency mining. This isn’t just about fines anymore – it’s about criminal charges. The new legislation, Article 253, replaces what used to be administrative…
Binance introduces new listing system amid scam warnings Binance has rolled out a new three-stage process for listing altcoin projects. The system moves projects through Binance Alpha first, then Binance Futures, and finally to Binance Spot. This structured approach seems designed to give projects more gradual exposure while allowing the exchange to assess performance at…
An Unlikely Crypto Champion Emerges at the CFTC Caroline Pham wasn’t supposed to be a permanent fixture at the U.S. Commodity Futures Trading Commission. Appointed as acting chairman during a transitional period, she could have easily kept the seat warm for a more permanent successor. But that’s not what happened. Instead, Pham, a former senior…
