A bill drafted by the Ministry of Justice will soon reach the State Duma, enabling authorities to seize digital assets during investigations. The Justice Ministry's draft legislation has already received approval from the Government Commission on Legislative Activity, and according to two sources close to the commission cited
The New York state legislature is considering a new proposal to employ blockchain technology to protect electoral data and results. Democratic Assemblyman Clyde Vanel recently filed Assembly Bill A7716, which directs the New York State Board of Elections to conduct a comprehensive study on blockchain technology's potential role
The Australian Securities and Investments Commission (ASIC) announced on April 8, 2025, that it had obtained court orders to shut down 95 companies involved in "pig butchering" crypto scams that defrauded investors of AU$439 million. The targeted companies were part of a sophisticated "Hydra" network
Europe's leading blockchain event, Paris Blockchain Week 2025, held its sixth edition from April 8-10, set a new standard for industry gatherings by attracting over 9,600 attendees from 95 countries to Paris's Carrousel du Louvre. The event's strategic significance was demonstrated by the
The Trump Administration's tariff policies are having a significant impact on crypto markets, with Bitcoin falling from highs well above $100,000 at the beginning of 2025 to a trough in the mid-80,000s for most of March. The upcoming tariff policy announcement on 2 April 2025—known
Argentine President Javier Milei promoted a cryptocurrency called LIBRA on social media platform X on 14 February 2025, which collapsed within hours, triggering the largest crypto scandal in history, worth a total of $4.6 billion. The president told his 3.8 million followers that the token would boost Argentina&
House of Commons Leader Lucy Powell had her X account hacked on 15 April 2025 to promote a fraudulent "House of Commons cryptocurrency," encouraging her followers to invest in the supposed digital currency branded as $HOC. The influential politician, who has nearly 70,000 followers and whose profile
The Bitcoin Policy Institute introduced the concept of bitcoin-enhanced Treasury bonds, or "BitBonds," on 1 April 2025 as an innovative fiscal tool to implement President Trump's Strategic Bitcoin Reserve directive. The policy brief, authored by Matthew Pines and Andrew Hohns, suggests BitBonds would reduce the interest
Arthur Hayes, former CEO of the cryptocurrency exchange BitMEX, issued a warning on 6 April 2025 about an impending "Black Monday" that could affect not only traditional markets but also Bitcoin and other digital assets. The expert highlighted that all eyes are on 6 p.m. GMT—when
Spanish authorities have dismantled a Bitcoin-based pyramid scheme that defrauded 3,600 victims of $32.6 million, arresting 8 perpetrators including the lead programmer caught in Málaga. The National Police's (CNP) Economic Crime Unit conducted a nearly 3-year investigation that revealed fraudsters promising investors monthly returns of 40%
The European Securities and Markets Authority (ESMA) issued another warning on 8th April 2025 regarding potential risks crypto assets pose to the financial system, whilst 95% of EU banks continue to avoid crypto activities. Natasha Cazenave, ESMA's Executive Director, emphasised before the European Parliament that although the crypto
On 3 April 2025, the U.S. Congress made significant strides in cryptocurrency regulation when the House Financial Services Committee passed the STABLE Act, a stablecoin bill, with 32 votes in favour and 17 against. This decision came shortly after the launch of the USD1 stablecoin on 25 March, backed
