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Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions and posed money laundering risks. Under German law, trading currencies, including cryptocurrencies, without proper authorization is illegal, with violators facing up to five … Read more
The Democratic presidential candidate has been largely silent on digital assets since launching her campaign on July 21. Go to Source
It’s unclear if the Independent presidential candidate will join forces with Donald Trump, but both are scheduled to speak in the same area on the same day. Go to Source
Splits in the US House and Senate coupled with many expected tight elections could allow crypto interest groups to potentially “tip control of Congress one way or the other.” Go to Source
The VIC bot and its “meat avatar,” Victor Miller, got 327 votes in Cheyenne, losing a primary election to incumbent Mayor Patrick Collins and two others. Go to Source
Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High Court ruling underscores the rule of law in Web3 operations and sets a significant legal precedent. The Mantra Chain Case A Hong Kong lawmaker, Johnny … Read more
Nigeria’s Securities and Exchange Commission (SEC) has announced that it has not yet issued any crypto licenses, contrary to some reports. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. This move follows increased scrutiny of crypto exchanges and a push to regulate the industry, including a mandate … Read more
Democratic candidate Yassamin Ansari, supported by more than $1 million in crypto Super PAC funds, claimed victory in an Arizona congressional primary. Go to Source
After a public endorsement from the Tesla CEO and an X Spaces discussion, Donald Trump said he would consider placing Elon Musk in a Cabinet position in 2025. Go to Source
The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a resident director and an office with competent staff. The law aims to balance innovation with anti-money laundering efforts, adhering to Financial Action Task … Read more