Politics
Japan’s financial regulator has opened a public consultation on new rules that would define which bonds can be used as reserve assets for regulated stablecoins, marking another step in the country’s effort to build a clear and trusted framework for digital payments. In a statement released Monday, the
Politics
Russia has effectively barred cryptocurrency exchange WhiteBIT from operating within its borders after designating the platform as an “undesirable organization,” citing its financial and technical support for Ukraine-linked initiatives. The decision was announced by Russia’s Prosecutor General’s Office, which said WhiteBIT had backed fundraising efforts connected to Ukraine’
Politics
China’s President Xi Jinping has launched a high-profile investigation into Zhang Youxia, a top general and long-time ally, in what marks the most sweeping military shakeup in the country in decades. The probe, focused on alleged corruption and breaches of political loyalty, has stunned observers and cast a spotlight
Politics
Former President Donald Trump has filed a lawsuit against JPMorgan Chase and its CEO, Jamie Dimon, alleging that the bank improperly closed several accounts linked to him and his businesses. The case, filed Thursday in a circuit court in Miami-Dade County, Florida, has brought fresh attention to ongoing concerns about
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Thailand is preparing to expand its digital asset market with a new regulatory framework that would allow crypto exchange-traded funds and futures trading, signaling a more structured and open approach to the sector. According to a report from the Bangkok Post, the Thai Securities and Exchange Commission is working on
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Portugal has ordered the crypto-based prediction market Polymarket to halt operations in the country, citing illegal gambling activity and a sharp rise in election-related bets before official results were released. The decision was announced by Portugal’s Gambling Regulation and Inspection Service (SRIJ), which gave Polymarket 48 hours to cease
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President Donald Trump has announced new tariffs on goods from eight European countries in response to their support for Denmark during the ongoing dispute over the future of Greenland. The move signals a sharp escalation in tensions between the United States and some of its closest allies. According to Trump’
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The Trump administration is backing a bold new plan aimed at tackling two of the country’s pressing challenges: the rapid expansion of artificial intelligence infrastructure and rising electricity costs for consumers. The proposal calls for technology companies to help fund new power plants through an emergency auction, in hopes
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A long-anticipated U.S. bill aimed at regulating the cryptocurrency industry could still move forward in the coming weeks, even after a turbulent stretch of negotiations in Washington. That’s the view of Michael Novogratz, CEO of crypto-focused financial firm Galaxy, who says lawmakers shouldn’t let disagreements derail progress.
Politics
Google Play will soon block unregistered overseas cryptocurrency exchanges and software wallets from South Korea’s app store, tightening access to global crypto platforms for millions of local users. According to Google’s updated policy on cryptocurrency exchanges and wallet providers, any platform offering such services in South Korea must
Politics
The United States and Taiwan have reached a long-anticipated trade agreement that lowers tariffs and deepens cooperation in advanced technologies, marking a significant step in reshaping global semiconductor supply chains. Under the deal announced Thursday, the US will reduce tariffs on Taiwanese goods to 15%, down from 20%. The move
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The Zcash Foundation says the U.S. Securities and Exchange Commission has formally closed a years-long investigation into the nonprofit, bringing an end to regulatory uncertainty that began in 2023. In a blog post published Wednesday, the foundation said it was notified that the SEC does not plan to recommend