Regulations
Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report
The stablecoin market supply currently stands at about $150 billion.
Former Cred Executives Indicted on Wire Fraud, Other Charges
The defunct crypto lender filed for bankruptcy in 2020.
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge
Vinnik was first arrested in 2017, but faced a lengthy extradition process that saw him spend time in Greece and France before being sent to the U.S.
U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining
In a letter to top officials, Sens. Elizabeth Warren and Angus King flagged Iran's reliance on cryptocurrency mining as a way to evade sanctions pressure.
Binance Nigeria Money Laundering Trial Delayed to May 17, Says Gambaryan Family Spokesperson
Binance's lawyer needed more time to look at evidence from Nigeria's Economic and Financial Crimes Commission.
Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail
Rabotnik, 24, has also been ordered to pay over $16 million in restitution.
Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
Between 2022 and 2023, crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department showed.
House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
The chairman of the House Financial Services Committee says Gensler refused to discuss his view on ETH in testimony even after the SEC was investigating it as a security.
Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments.
Roger Ver Indicted for Tax Fraud
The man sometimes called "Bitcoin Jesus" did not pay capital gains on hundreds of millions of dollars he raised in selling bitcoin in 2017, the DOJ alleged.
