SoFi Technologies CEO Anthony Noto announced that the fintech bank will restart cryptocurrency investing services by the end of 2025, following new guidance from the Office of the Comptroller of the Currency published in March that reduces regulatory burdens on banks engaged in digital assets. SoFi was forced to discontinue
UK Finance Minister Rachel Reeves announced on April 29, 2025, that the country will bring cryptocurrencies under compulsory regulation, closely aligning its approach with the United States. The draft legislation aims to bring crypto exchanges, dealers and agents into the regulatory perimeter, as 12% of British adults now own or
Russian Finance Minister Anton Siluanov announced on April 23, 2025, that the Ministry of Finance and the Bank of Russia are jointly developing a cryptocurrency exchange exclusively for "super-qualified investors" under a three-year experimental legal regime, aiming to legitimise crypto assets and bring operations "out of the
On August 19, 2024, cybercriminals stole 4,064 bitcoins (valued at $243 million) from a single victim through a sophisticated social engineering attack, impersonating Google and Gemini support staff and using AnyDesk remote desktop software to obtain private keys. ZachXBT, an independent crypto detective, identified the three main perpetrators: Malone
Czech opposition has called a no-confidence vote against the government after the state accepted a $45 million payment consisting of 468 bitcoins from a convicted criminal. The motion filed by the ANO party on June 12th accuses the government of corruption for accepting the payment from someone who was imprisoned
PrimeXBT, a leading cryptocurrency trading platform, announced its new instant crypto-to-USD exchange service on May 7, 2025, enabling users to quickly and cost-effectively convert their digital assets to US dollars within the platform. The new service aims to simplify life for cryptocurrency traders who often face high fees and long
Kenya's Treasury published the country's first comprehensive cryptocurrency regulatory legislation, the Virtual Asset Service Providers Bill (VASP Bill 2025), on May 8, 2025, which would mandate registration for crypto service providers and grant strict oversight powers to the Capital Markets Authority (CMA). The primary aims of
The MANTRA (OM) cryptocurrency experienced a dramatic 90% price collapse between April 10 and 15, 2025, plummeting from $2.45 to just $0.24, with its market capitalisation dropping from $5 billion to below $500 million, suggesting the project could be one of the largest rug-pull scams in cryptocurrency history.
Google announced on April 15, 2025, that from May 31 it will implement new advertising guidelines for cryptocurrency-related advertisements in the European Economic Area (EEA), requiring advertisers to comply with the Markets in Crypto-Assets (MiCA) regulation. The tech giant's new policy mandates that cryptocurrency service providers must hold
On May 21, 2025, New York State Assemblyman Clyde Vanel introduced a bill that would allow cryptocurrencies, including Bitcoin, to be used for state and local government payments, covering taxes, fees, fines, and other governmental charges. The proposal aims to expand payment options and facilitate payments with digital assets for
Paul Atkins was confirmed as the new chairman of the US Securities and Exchange Commission (SEC) on April 9 with a 52-44 Senate vote, signaling a significant shift toward a crypto-friendly regulatory approach. Atkins' appointment is particularly significant for the crypto community. He previously held a $5 million stake
Panama City has announced that it will accept Bitcoin, Ethereum, and stablecoins like USDC and Tether as payment for public services, marking a significant step forward in the country's growing acceptance of cryptocurrencies. Locals will be able to use these digital assets to pay for taxes, permits, fees,
