Category: Regulation

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In DeFi we trust. Decentralized finance (DeFi) is a sector that has grown exponentially over the past few years, providing users with alternatives to traditional financial services. However, despite its potential, DeFi is still largely unknown to the general public. A recent poll conducted by the DeFi Education Fund (DEF) reveals that 40% of Americans would be willing […]

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The Trump family-backed project World Liberty Financial (WLFI) has blacklisted Tron founder Justin Sun’s wallet. This blocks approximately 540 million unlocked WLFI tokens and another 2.4 billion locked tokens, a total value of over $100 million. Sun had invested approximately $30 million in WLFI at the end of 2024 and received nearly three billion tokens. […]

Nigeria’s crypto community has praised Europe’s Markets in Crypto-Assets Regulation (MiCA) stablecoin rules as a positive development, saying it is important for jurisdictions to prioritize their interests regarding crypto projects, thereby protecting their local currencies. In an interview with Cointelegraph, Nigerian data and policy analyst Obinna Uzoije shared his thoughts on what the Economic Community […]

Bitcoin payments app Strike is now available to customers in the U.K. U.K. roll-out follows the launch of the app in Europe and Africa earlier in the year. Strike, the payments application that uses the Bitcoin blockchain, has started a U.K. service, the company said in a blog post on Tuesday, expanding its global reach […]

An exploiter’s July attack on decentralized finance giant Curve Finance roiled the entire DeFi market. Much of the stolen money has been returned, but not everyone has been made whole. One titan of crypto, though – Coinbase, the largest U.S. exchange – is sitting on a roughly $1 million profit tied to the incident, according […]

The United States may soon have a Bitcoin-only trust company, according to plans disclosed by BitGo and Swan Bitcoin on Sep. 15. The joint venture is pending regulatory approval, the companies said in a statement. The forthcoming entity will handle similar activities of a trust company, including Bitcoin custody, administration and management on behalf of […]

The Japanese government reportedly plans to permit startups to raise public funds through the issuance of crypto assets, such as currencies, instead of stocks, local media has reported. According to Japanese financial news site The Nikkei, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS). So […]

Crypto exchange JPEX has reportedly increased its withdrawal fee to up to 999 USDT after receiving a warning from Hong Kong’s Securities and Futures Commission (SFC), with its staff also reportedly going missing from its Token 2049 booth in Singapore. On Sept. 13, the SFC, Hong Kong’s crypto watchdog, issued a warning against JPEX for allegedly promoting […]