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White House Crypto Summit Turns Out to be a Snooze Fest, Disappoints Crypto Community

The much anticipated White House Crypto Summit occurred yesterday, grossly underperforming and disappointing the global crypto community.  The event was a snooze-fest featuring no new information, sparking adverse reactions from the crypto community.  Various reactions on X complained that the summit was bland, lacking substance and concrete outcomes.  The Summit focused more on symbolic gestures,…

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tether

Tether Aids U.S. Secret Service in Freezing $23M Linked to Sanctioned Exchange Garantex

Tether, the largest stablecoin issuer company, announced its role in assisting the United States Secret Service (USSS) in freezing $23 million in illicit funds linked to transactions on the Russian-sanctioned cryptocurrency exchange, Garantex. In our previous article, authorities in the U.S., Germany, and Finland collaborated to shut down the exchange accused of laundering money for…

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nasdaq

Nasdaq Explores 24/7 Trading: Should Markets Ever Sleep?

Nasdaq is in discussions with regulators and market participants about implementing 24-hour, five-day-a-week trading on the Nasdaq Stock Market, with a potential launch in the second half of 2026.  Notably, the initiative aims to expand investor access, accommodate global trading demand, and modernize market operations. Addressing Global Investment Demand The move towards extended trading hours…

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garantex

U.S. and Allies Disrupt Garantex Crypto Exchange in Major International Crackdown

Authorities in the United States, Germany, and Finland have disrupted Garantex, a cryptocurrency exchange accused of facilitating money laundering for transnational criminal networks, including terrorist organizations.  The Justice Department announced the operation, which involved seizing domain names and freezing $26 million in illicit funds. https://twitter.com/DOJCrimDiv/status/1898030839201402882 Garantex Administrators Indicted A federal indictment in the Eastern District of…

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