Tag Archives: cryptocurrency

In the rapidly evolving cryptocurrency space, a new sector has emerged: the artificial intelligence (AI) agent crypto token market. This industry has grown significantly over the past year, reaching a market capital capitalization of US$13.5 billion by early 2025. Though the sector’s early days were dominated by token speculation and hype, the sector is now entering a phase of maturity grounded in real value validation, data-backed achievements and sustainable revenue models. According to HTX...

Story Highlights Senator Durbin introduces Crypto ATM Fraud Prevention Act.  Over 1,233 US crypto ATMs were offline in early March. New global rules slow the spread of the cryptocurrency ATM network. The U.S. has seen a dramatic decline in its crypto ATM network just days after Illinois Senator Dick Durbin introduced the Crypto ATM Fraud Prevention Act. The bill aims to combat rising fraud in cryptocurrency ATM transactions by requiring operators to warn users of scams, develop steps to...

Bitcoin regulation in the United States remains a highly debated issue. Several bills and executive orders in Washington, D.C. could shape the future of Bitcoin and other digital assets. While some initiatives focus on protecting self-custody and ensuring free payment transactions, others address stablecoin regulation or even propose a strategic Bitcoin reserve for the U.S. government. Here are the five most important federal-level Bitcoin initiatives currently in progress. 1. Executive...

Avalanche Card allows users to spend USDC, USDT, wAVAX, and AVAX anywhere in the globe without having to convert them. The Visa-backed card simplifies crypto payments for in-person and online shopping. Avalanche Foundation and Rain launched the Avalanche Card, a digital and physical Visa-accepted payment card that allows users to spend cryptocurrency for payments wherever Visa can be accepted. This is an important step towards the mass adoption of digital assets. It removes the need for...

KuCoin EU has applied for a MiCAR license in Austria to expand in Europe. The Vienna-based hub will oversee compliance and innovation for digital assets. Top international cryptocurrency exchange KuCoin has revealed that its subsidiary, KuCoin EU Exchange GmbH, has applied for a MiCAR license in Austria. This is a key step in KuCoin’s effort to expand its regulatory presence and provide compliant digital asset services within the EU and EEA. After securing authorization, KuCoin EU will...

Transak secures MTLs in Illinois and Missouri, expanding US crypto transaction possibilities. The move improves compliance, accelerates transactions, and promotes financial access in important markets. Transak, the top payments infrastructure solutions firm for Web3, has advanced its United States regulatory footprint with the acquisition of Money Transmitter Licenses (MTLs) in the states of Illinois and Missouri. The newly achieved MTLs allow the company to receive direct cryptocurrency...

Riot’s $500 million sale aims to increase its Bitcoin holdings. The use of convertible debt to buy Bitcoin is becoming more prevalent in company planning. Major Bitcoin infrastructure company Riot Platforms made an announcement today on its offering of $500 million convertible senior notes. The deal is available to accredited institutional investors, with an add-on purchase option of up to $75 million in three days from the primary transaction. The company would utilize the proceeds for...

NCPPR suggests that Amazon dedicate 5% of its assets to Bitcoin to tackle inflation. Bitcoin’s superior performance offers a strategic opportunity for long-term value growth. The National Center for Public Policy Research has proposed that Amazon invest 5% of its total $585 billion assets in Bitcoin as a way to diversify its financial reserve. Submitted for consideration at the 2025 annual shareholders’ meeting, this proposal is proof of what Bitcoin can offer to stop inflation and enhance...

Nexo’s new onboarding process follows FCA requirements, improving user risk awareness. The platform’s 10-month halt allowed for a full modify to meet UK regulatory standards. Nexo, a centralized cryptocurrency lender, has restarted client registrations in the United Kingdom after a 10-month halt. The delay was first triggered in December 2023 owing to changes in regulatory requirements. Nexo has now improved its operations to satisfy Financial Conduct Authority (FCA) compliance standards,...

India has no immediate plans to regulate cryptocurrency sales and purchases The government is assessing crypto risks and benefits, aiming for a policy by September 2024. The Ministry of Finance states that India does not currently have any plans to regulate Cryptocurrency transactions. GM Harish Balayogi, a member of the Lok Sabha, asked questions concerning the country’s laws governing virtual digital assets (VDAs). Pankaj Chaudhary, the Minister of State for Finance, responded in writing...