Crypto

New SEC Chief Atkins Says Agency Doesn’t Have to Wait to Impose Crypto Policy

Paul Atkins’ first public event as chairman of the U.S. Securities and Exchange Commission was a crypto roundtable on Friday, where the new agency chief devoted his inaugural speech to assuring the industry that he’ll continue to remake securities …

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Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks

The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved in crypto activity. Now, all three agencies …

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El Salvador’s Top Crypto Regulator Meets With U.S. SEC: ‘It Was Very Refreshing’

El Salvador’s Comisión Nacional de Activos Digitales (CNAD), the agency in charge of regulating digital assets in the Central American nation, is seeking to establish a cross-border regulatory sandbox with the U.S. Securities and Exchange Commission …

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Crypto Trading Supercharges Digital Bank Revolut’s Profit to Over £1B in 2024

Digital bank Revolut’s profits surpassed 1 billion pounds ($1.33 billion) in 2024, thanks in part to a big jump in revenue from cryptocurrency trading. The London-based fintech group’s wealth revenue increased 298% from 127,139 pounds to just over …

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FBI Says Americans Lost $9.3B to Crypto Scams in 2024

Americans reported a record $9.3 billion in losses to cryptocurrency-related crimes in 2024, according to a report by the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3). The losses represent a 66% jump from 2023 and …

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Binance to Offer Crypto Asset Managers ‘Fund Accounts’ That Mirror TradFi Trading

Binance, the world’s largest cryptocurrency exchange, is offering digital asset managers special accounts that allow pooling of their investors’ assets to make crypto fund management operations feel more like a traditional finance experience. The …

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Russia’s Finance Ministry to Offer Crypto Trading to ‘Highly-Qualified’ Investors: Report

Russia’s finance ministry and central bank are set to unveil a crypto exchange for “highly-qualified” investors, news agency Interfax reported on Wednesday. The exchange will “legalize crypto assets and bring crypto operations out of …

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With Gold Stalling, Is It Bitcoin’s Turn? Traders Eye $95K as Key Breakout Level

The crypto market’s rally stalled on Wednesday after U.S. Secretary of Treasury Scott Bessent reiterated that a proper trade deal between Washington and Beijing would take years to ink out. Bitcoin (BTC) is up 2.6% in the last 24 hours and 12.2% in …

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PGI Global Founder Hit With Fraud Charges in Alleged $200M Crypto Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) charged the founder of now-defunct crypto and foreign exchange investment company PGI Küresel, with violating federal securities laws, alleging he ran a “Ponzi-like scheme” that defrauded investors of …

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Crypto Fundraising Is Positive, But Slower Than Expected Under Trump Administration

Fundraising for sophisticated crypto investment vehicles has yet to fully experience the anticipated positive headwind of the Donald Trump presidency, according to a new report by the Crypto Insight Group. Momentum “remains positive but slower …

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