Former Bithumb Chairman faces eight-year imprisonment
According to prosecutors, Lee intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations. Go to Source
Cryptocurrencies
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Crypto wallet with zero connectivity: NGRAVE joins Cointelegraph Accelerator
NGRAVE, a digital asset security provider, offers user-friendly, self-custody solutions that combine offline key creation with advanced recovery options for crypto users. Go to Source
Global securities body IOSCO unveils crypto regulatory framework proposals
According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction. Go to Source
Public needs to know blockchain use cases, AI needs regulation now — Andrew Yang
The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for public good. Go to Source
Failed ‘$175M’ real estate token raise draws ire of Texas regulators
“GS Partners promoted the products through a multilevel marketing scheme paying lavish commissions,” regulators say. Go to Source
Congress members urge financial authorities to invalidate SEC’s SAB 121
Congress members write in a memo that Federal banking agencies should not require financial institutions providing custody services for digital assets to maintain capital against the assets. Go to Source
Ferrari’s Bitcoin acceptance is major market win, says CoinFlip CEO
It’s not a matter of will big-name companies follow Ferrari’s lead to adopt Bitcoin, but when, according to CoinFlip CEO Ben Weiss. Go to Source
Blockdaemon among founders of BSN Spartan Network governing body
The BSN Foundation’s “non-cryptocurrency” approach aims to create a stable network that would not be as volatile as traditional cryptocurrencies like Bitcoin. Go to Source
Turkey mulls addressing licensing and taxation in new crypto rule
Bora Erdamar from BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse. Go to Source
Solana (SOL), Avalanche (AVAX) and dYdX produce double-digit gains as Bitcoin reclaims $37K
SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move. Go to Source