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The European Union’s insurance authority has proposed a blanket rule that would mandate insurance firms to maintain capital equal to the value of their crypto holdings as part of a measure to mitigate risks for policyholders. The new proposal — made by the European Insurance and Occupational Pensions Authority in a Technical Advice report to … Read more
France’s state-owned bank says it will spend 25 million euros ($27 million) buying cryptocurrencies that support local crypto and blockchain projects. Bpifrance said in a March 27 press release that it would back newly formed projects “with a strong French footprint” where it will receive tokens in return for its investment and will look to … Read more
The DOJ has seized crypto tied to Hamas, tracing $1.5 million through global wallets and encrypted chats as part of a crackdown on terror funding via cryptocurrency. DOJ Seizes Crypto Tied to Hamas With $1.5M Trail Across Global Wallets The U.S. Department of Justice (DOJ) announced on March 27 that it had disrupted an international … Read more
Ethereum’s chart is starting to heat up, and the latest Ethereum (ETH) price analysis suggests the long slump might finally be ending. Analysts are buzzing about a possible reversal. Meanwhile, not all coins are riding high—PI coin price has taken a dive after Binance snubbed it in a major listing vote. But here’s the twist: … Read more
ChatGPT creators OpenAI have introduced rate limits after a viral social media trend that saw nearly everything “Ghiblifyied” — turned into AI art in the style of the famous Japanese animation studio. OpenAI CEO Sam Altman was one of the first to take part in the trend, posting a portrait of himself generated by the … Read more
The incoming SEC chair vowed to prioritize a clear crypto framework, criticizing outdated rules for hindering innovation and U.S. leadership. Incoming SEC Chair Calls for Clear Crypto Rules, Economic Revival Under Trump Digital asset policy took center stage as Paul Atkins, President Donald Trump’s nominee to lead the U.S. Securities and Exchange Commission (SEC), addressed … Read more
Strategy’s executive chairman, Michael Saylor, sparked debate with a poll suggesting Gamestop must buy over $3 billion in bitcoin to earn BTC legitimacy. Michael Saylor Turns up the Heat With Poll—Can Gamestop Meet BTC Expectations? Michael Saylor, co-founder and executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, launched a … Read more
The US Securities and Exchange Commission has officially closed its investigation into Crypto.com, with no action taken against the crypto exchange, according to the firm’s CEO, Kris Marszalek. It comes seven months after the SEC issued a Wells notice to the crypto platform in August, signaling its intention to take legal action against the firm. … Read more
“Bullish” lawmakers vow to reclaim U.S. digital supremacy, pushing legislation to reverse blockchain industry flight and anchor innovation on American soil before it’s too late. Confidence Surges in D.C. as Lawmakers Gear Up for US Blockchain Domination Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill shared their unified stance … Read more
The Republican senator from Louisiana told Atkins that he would “pounce” on him “like a ninja” if Atkins didn’t investigate the disgraced FTX founder’s parents who are both Stanford law professors. Atkins Faces Tough Questions From Senator Kennedy About Bankman-Fried’s Parents Louisiana Republican Senator John Kennedy pulled no punches on Thursday when he firmly asked … Read more