The U.S. Securities and Exchange Commission (SEC) is scaling back its cryptocurrency enforcement efforts, signaling a major shift in regulatory approach. With recent legal retreats and internal restructuring, former SEC enforcement chief John Reed Stark now predicts the agency will abandon its appeal in the high-profile ipple case. SEC Pulling Back on Crypto Cases Stark,…

Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit digital assets. Russia Supreme Court Seeks Legal Clarity for Crypto in Criminal Cases Russia’s Supreme Court is advancing efforts to classify cryptocurrency as property in criminal cases, a move that…

Former Safemoon CTO Thomas “Papa” Smith has pleaded guilty to fraud charges in connection to the $8 billion crypto project’s collapse. The case highlights one of DeFi’s biggest scandals. Guilty Plea Marks Major Development in Safemoon Scandal Thomas “Papa” Smith, former chief technology officer of the now-defunct Safemoon cryptocurrency project, has pleaded guilty to fraud…

The SEC has dropped its investigation into OpenSea, opting not to pursue enforcement action against the NFT marketplace. This decision follows a similar move regarding Coinbase, signaling a shift in the agency crypto enforcement strategy. NFT Marketplace No Longer Faces SEC Scrutiny Amid Regulatory Changes The U.S. Securities and Exchange Commission (SEC) has reportedly closed…

Coinbase CEO Brian Armstrong discusses the future of meme coins, warning about scams while urging an open-minded approach to their potential role in crypto. Coinbase CEO Brian Armstrong has shared his perspective on the growing role of meme coins in the cryptocurrency space. While acknowledging concerns over scams and speculation, Armstrong emphasized the need for…

Russia’s bitcoin mining ban has reduced Siberia’s power grid strain, freeing up 300 MW and preventing outages. Learn how restrictions impact energy stability. Bitcoin Mining Ban Improve Energy Stability The Russian government’s ban on bitcoin mining has eased the strain on the Siberian power grid, preventing power shortages in a region prone to harsh winters.…

MARA Holdings Inc. acquires a Texas wind energy farm to power bitcoin mining with renewable energy, reducing costs and boosting sustainability. Bitcoin Miner MARA Invests in Wind Energy to Cut Costs and Reduce Environmental Impact MARA Holdings Inc. (Nasdaq: MARA) has acquired a wind farm in Hansford County, Texas, to power its bitcoin mining operations…

Japan's Financial Services Agency (FSA) has approved new stablecoins regulations to enhance user protection, increase collateral flexibility, and safeguard assets during crypto exchange bankruptcies. Learn more about the latest policy changes. Japan’s Financial Services Agency (FSA) has approved new measures to enhance user protection in the stablecoin market, increasing collateral flexibility and improving safeguards during…

Nasdaq has submitted a proposal to the SEC for a diversified cryptocurrency ETF, aiming to improve market integrity while providing investors with broad digital asset exposure. Nasdaq has formally submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that tracks a basket of cryptocurrencies. The proposal…

India’s ED seizes $198 million in cryptocurrency linked to the BitConnect Ponzi scheme, exposing one of the largest crypto fraud cases in history. India Cracks Down on BitConnect Ponzi Scheme India’s Directorate of Enforcement (ED) has seized cryptocurrencies worth approximately Rs. 1,646 crore ($198 million) in connection with the BitConnect Ponzi scheme, marking one of…