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STABLE Act aims to bring transparency to the stablecoin market
Mar 29,2025
US lawmakers introduced the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act. The aim is to strengthen the regulation of stablecoins. A proposal aims to ensure that dollar-backed digital tokens comply with transpare...
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Kazakhstan proposes the creation of a crypto bank
Mar 28,2025
A member of Kazakhstan's lower house of parliament, Azat Peruashev, has proposed the creation of a 'crypto bank' in the country. The aim is to provide a legal exchange and custody platform for digital assets. Peruashev pointed out the absence of a pr...
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Wyoming stablecoin WYST set for launch by July 2025
Mar 28,2025
Wyoming is moving closer to launching its state-backed stablecoin, WYST, on LayerZero, with a possible release by July 2025. The Wyoming Stable Token Commission, overseeing the project, has partnered with LayerZero to develop and distribute the token...
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One in five South Korean public officials owns cryptocurrency
Mar 28,2025
One in five South Korean public officials has disclosed cryptocurrency holdings, according to a recent report by the Government Public Ethics Committee. Of the 2,047 officials who submitted asset declarations for 2025, 411 reported owning digital ass...
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SEC ends Crypto.com investigation without enforcement action
Mar 28,2025
The US Securities and Exchange Commission (SEC) has officially closed its investigation into Crypto.com without any enforcement action.In October 2024, Crypto.com filed a lawsuit against the agency, arguing that the SEC had overstepped its authority....
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A Russian economist criticises Bitcoin reserves as an economic risk
Mar 27,2025
Valentin Katasonov, a leading Russian economist and Chairman of the S. F. Sharapov Russian Economic Society, has cautioned against developing a national strategic Bitcoin reserve. Katasonov described such a move as 'laying landmines,' suggesting it w...
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Brazilian authorities reaffirm the World crypto ban over privacy concerns
Mar 27,2025
Brazil's data protection agency, the National Data Protection Authority (ANDP), has upheld its ban on World, formerly known as Worldcoin, in the country. The ban prevents the company from offering financial compensation to users who provide biometric...
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OpenAI holds back image generator tool for free users
Mar 27,2025
OpenAI is delaying the release of its new image generation feature for free ChatGPT users, citing unexpectedly high demand. CEO Sam Altman acknowledged the postponement in a post on Wednesday, saying the feature's popularity surpassed expectations, w...
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Custodia and Vantage launch first US bank-issued stablecoin
Mar 27,2025
,The network currently holds over$125.8 billion in stablecoins, significantly outpacing competitors. Additionally, Ethereum hosts more than$3.6 billion in tokenised US Treasury bills.,Custodia Bank and Vantage Bank have launched Avit, the first US ba...
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Judge rejects UMG's bid to block Anthropic
Mar 27,2025
A US federal judge has denied a request by Universal Music Group and other publishers to block AI firm Anthropic from using copyrighted song lyrics to train its chatbot, Claude. Judge Eumi Lee ruled that the publishers failed to prove Anthropic's act...
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Coinbase urges Canada to prioritise crypto regulation ahead of elections
Mar 27,2025
As Canada nears a federal election, Coinbase urges the next government to prioritise clear crypto regulations. Coinbase's Canadian country director highlighted that while Canada has been a leader in crypto adoption, regulatory uncertainty could hinde...
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South Korea blocks 17 unregistered exchanges on Google Play
Mar 27,2025
South Korean regulators have strengthened their efforts to curb money laundering and protect local users by urging Google Play to block 17 unregistered overseas crypto exchanges. They cited concerns about platforms failing to comply with local regula...
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