Crypto ATMs, those machines you might see at your local store, are becoming a hotspot for scams. These devices let people exchange cash for cryptocurrency like Bitcoin. Recently, a team of investigators found that at least a dozen fraud cases were linked to just one crypto ATM. This suggests that fr
In the world of crypto, big things are happening. Roman Storm, a key figure behind Tornado Cash, has a stern warning for developers. He thinks the U. S. Department of Justice might go after them for building decentralized finance (DeFi) tools. Storm's concern is real because his own case is still up
Crypto and regulations have a complicated relationship. This was the main topic discussed at a recent gathering in Washington, D. C. during the Fintech Week event. Three experts in the crypto field shared their thoughts on how crypto projects can operate safely while following the rules. One of the
Stablecoins are changing the game for big players in finance. They offer the best of both worlds: the steadiness of regular money and the speed of crypto. Imagine moving money around the world in seconds, not days. That's what stablecoins bring to the table. And it's not just talk. Big names like Vi
Japan is taking a big step to regulate cryptocurrency trading. They are updating their laws to include crypto under the Financial Instruments and Exchange Act (FIEA). This move aims to prevent insider trading, making crypto rules similar to those for stocks and bonds. The Securities and Exchange Su
Adrienne Harris, who led the New York Department of Financial Services (NYDFS) for four years, has decided to step down. She expressed gratitude for the opportunity to serve and highlighted the department's growth under her leadership. In her final interview, Harris backed the idea of a US-UK crypt
Hong Kong is making waves in the crypto world again. This time, the Hong Kong Monetary Authority (HKMA) is looking to make it easier for banks to hold cryptocurrencies. They've put out a draft plan for public feedback, aiming to relax the rules on how much capital banks need to keep when they hold c
A big group of crypto supporters, including investors and developers, just sent a strong message to the U. S. Senate. They want clear rules to protect people who create open-source software. Without these protections, they say, the U. S. might lose its edge in the crypto world. The letter, signed b
In a landmark case, Roman Storm, the co-founder of Tornado Cash, faced a mixed verdict. The jury found him guilty of running an unlicensed money-transmitting business but couldn't agree on more serious charges like money laundering and violating sanctions. This split decision is significant. It show
The US House made a big move on Thursday. They passed a law about stablecoins, a type of cryptocurrency. This law is the first of its kind. It aims to control how stablecoins work in the US. The vote was 308 to 122. Stablecoins are different from other cryptocurrencies. Their value is tied to somet
