Australia to crack down on crypto ATM providers, citing money laundering risk
Australia has the third-largest number of crypto ATMs globally and regulators are worried that they may be facilitating financial crime.
Trump Appoints David Sacks as 'White House AI and Crypto Czar' to Oversee Regulation
Trump's appointment of Sacks follows closely on the heels of the President-elect's pick for a new chairman of the SEC, slated for January.
Former US Treasury Secretary slams national Bitcoin reserve as ‘crazy’
Lawrence Summers slammed President-elect Donald Trump’s plan for a Bitcoin reserve but agreed that “crypto has been over-regulated.”
China is watching...and it doesn't want to lose.
[BlockchainAsia #62] What my trip to Hong Kong and Mainland China revealed
Trump nominates cryptocurrency advocate Paul Atkins as SEC chair
President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission.
South Korea's short-lived military rule sparks record crypto trading volume and more
South Korean crypto trading volume surged to a record $34 billion over the past day as President Yoon Suk-yeol declared and then rescinded emergency martial law, all within the space of six hours.
Putin Touts Bitcoin as Russia Embraces Crypto to Counter Sanctions
Recent laws in Russia exempt crypto mining from VAT and have established a clear regulatory framework for the sector.
The Russian President asserted that no one can ban Bitcoin, highlighting its resilience in the financial space.
Crypto Community Celebrates Trump’s Choice of Paul Atkins for SEC Chair
Ripple's CEO Brad Garlinghouse opined that the appointment “brings common sense back to the agency.”
Gemini's Co-Founder Cameron Winklevoss also described Atkin as a “great choice” for the role.
Ripple's XRP, Bitcoin Take the Hit as Martial Law in South Korea Disrupts Markets
South Korean exchanges like Upbit and Bithumb experienced temporary trading volume spikes and performance delays.
Bitcoin and XRP faced significant price volatility on South Korean exchanges, with temporary declines of up to 30%.
US Bitcoin reserve is possible to achieve but not without downsides
Government participation in crypto hasn’t always had great outcomes for the space, with the SEC under the Biden administration causing plenty of headaches for firms.
