U.S. Senators Introduce Long-Delayed Bill to Define Cryptocurrency Market Rules

U.S. Senators Introduce Long-Delayed Bill to Define Cryptocurrency Market Rules

U.S. senators late Monday unveiled draft legislation aimed at creating a regulatory framework for cryptocurrency that could clarify which financial regulators oversee the fast-growing sector, potentially boosting adoption of digital assets. The proposed law would define when crypto tokens are considered securities, commodities, or other asset types, providing the long-sought legal clarity the industry has … Read more

Trump Media Acquires $105 Million in Cronos Tokens From Crypto.com

Trump Media Acquires $105 Million in Cronos Tokens From Crypto.com

Trump Media & Technology Group the parent company of Truth Social, finalized a deal to acquire 684.4 million Cronos (CRO) tokens, valued at roughly $105 million, in a 50/50 stock-and-cash arrangement with Crypto.com. The tokens amount to about 2% of CRO’s circulating supply and are an addition to the nearly 19% TMTG’s newly formed entity, … Read more

Crypto Market Hits $4 Trillion Milestone as U.S. Approves Key Legislation

Crypto Industry Hits $4 Trillion Milestone as U.S. Approves Key Legislation

NEW YORK — The global cryptocurrency market surged past the $4 trillion mark Friday, a milestone fueled by a powerful combination of institutional investment, fresh regulatory clarity and growing adoption, data from CoinGecko showed. According to Bloomberg, the breakthrough followed the U.S. House of Representatives’ approval Thursday of the “Genius Act,” the nation’s first federal legislation … Read more

EU, US Authorities Take Down Malware Network, Seize €3.5M in Cryptocurrency

EU, US Authorities Take Down Malware Network, Seize €3.5M in Cryptocurrency

In a powerful show of international cooperation, law enforcement agencies from Europe and North America have dismantled one of the most dangerous malware networks in the world, seizing millions in cryptocurrency and charging key suspects behind the operation. Authorities from Germany, France, the Netherlands, Denmark, the United Kingdom, the United States, and Canada joined forces … Read more