OCC Finalizes First GENIUS Act Rules, Opens Door to Stablecoin Rewards
The OCC is the first federal agency to finalize its GENIUS Act rules, and no longer assumes stablecoin reward arrangements are illegal.
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Articles by Melker Bengtsson
Senior Reporter · Joined 2020
Covers Crypto Regulation, Crypto Business and Market Updates.
Melker Bengtsson is a Swedish writer with 10+ years of experience in cryptocurrencies, investing and personal finance. He holds a BSc in Finance from the University of Gothenburg.
Kazakhstan Court Orders App Store Ban on Coinbase and Five Exchanges
The AFSA has obtained a court injunction against six crypto exchanges, including Coinbase, BingX and Bitcoin.com, in Kazakhstan’s AIFC.
South Korea's Crypto Tax Faces First Crack in Ruling Party's Resolve
South Korea’s finance ministry meets five exchanges on the crypto tax set to hit investors January 1st, already pushed back three times.
Germany's Largest Banking Group Finally Opens Door to Crypto Trading
Germany’s savings banks have introduced crypto trading with a big warning, five coins and no self-custody. 30-40 banks join each month.
Standard Chartered Lets UAE Clients Trade Bitcoin From Their Bank Account
Standard Chartered will offer Bitcoin and Ether trading to select individuals in the UAE using their existing bank accounts.
UK Sanctions Five Crypto Platforms Tied to Russia's War Funding
The UK has sanctioned three exchanges and two payment platforms over ties to Russia. Three are Kyrgyz, one owned by the finance ministry.
EU Regulator Orders USDT Withdrawals Off Exchanges by January 8
EU-licensed exchanges can still offer withdrawals and custody of stablecoins unauthorized by MiCA. ESMA says that ends on January 8th.
Cointelegraph Denies Sale Report, Calls Out CoinDesk's "False Information"
CoinDesk reported that Cointelegraph is up for sale, citing an anonymous source. Cointelegraph responded within hours: they're not for sale.
Germany Rejects MiCA License for Bitcoin.de, Freezing 1M Users
BaFin has refused bitcoin.de's MiCA license application. Trading on the platform has been largely frozen since June 12th of this year.
ZachXBT Infiltrates Chinese Launderers of $1.5B+ Lazarus Hack Funds
ZachXBT says he infiltrated a Chinese money laundering syndicate, putting up $350,000 of his own money to gain the launderers' trust.
SEC Proposal Lets Financial Advisers Self-Custody Any Crypto Token
The SEC's new custody framework would let financial advisers custody any token under strict conditions. Comments open for 60 days.
Stand With Crypto Names First Endorsements, Targets Ohio
The crypto industry spent $40 million to get Sherrod Brown out in 2024. Now Stand With Crypto endorses his opponent and Fairshake commits $30 million.