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News
🇬🇧 UK's FCA moves closer to full crypto regulation with st
11+ min ago (11+ words) UK's FCA moves closer to full crypto regulation with st KuCoin...
Inside the EU’s new country-level crypto ban — Here's why HTX and 13 platforms were targeted
18+ min ago (359+ words) The European Union (EU) has widened its sanctions targeting Russia by banning Justin Sun-owned HTX and 13 other crypto platforms. The platforms span the United Arab Emirates (UAE), Panama, Georgia, the Marshall Islands, Kyrgyzstan and Belarus. They include BitPapa, A7 networks and…...
EU adds HTX to Russia sanctions list, barring transactions starting Aug. 23 | WEEX Crypto News
4+ hour, 16+ min ago (362+ words) The European Union has added crypto exchange HTX to its Russia sanctions regime, prohibiting people and companies in the bloc from transacting with the platform beginning next month. The EU identified "HTX (HUOBI GLOBAL SA)" among a group of third-country…...
Wise to reapply for federal trust bank charter under Genius Act framework
1+ hour, 26+ min ago (181+ words) Wise, a UK-headquartered cross-border remittance and foreign-exchange services company, is filing a fresh application for a federal trust bank charter under the Genius Act stablecoin framework after the U.S. Office of the Comptroller of the Currency (OCC) rejected its original proposal....
Russia’s Largest Bank Makes Crypto Move: New Era Begins on December 1st
1+ hour, 3+ min ago (495+ words) Russia's largest bank, Sberbank, plans to launch its cryptocurrency trading infrastructure and digital custody center by December 1st. Russia is taking a massive step toward integrating cryptocurrencies into its official financial system. The country's banking giant, Sberbank, aims to complete the…...
ITR portal glitches worry taxpayers before deadline
2+ hour, 48+ min ago (519+ words) The complaints have surfaced during one of the busiest periods of the tax filing season, when millions of taxpayers are attempting to submit their returns before the due date. Tax experts have advised taxpayers not to wait until the final…...
CLARITY Act Would Keep Customer Crypto Assets Out of Bankruptcy Estate, Lummis Says
7+ hour, 59+ min ago (502+ words) If approved, supporters argue the CLARITY Act could become one of the most significant reforms for investor protection in the U.S. digital asset industry. One of the central provisions discussed by Senator Lummis is the mandatory segregation of customer funds. Under…...
8x faster than US cash: The $1T network settling millions while banks sleep on weekends | Analysis featured | CryptoRank.io
12+ hour, 28+ min ago (1548+ words) Stablecoin supply has roughly doubled since January 2024, while entity-adjusted transaction volume has grown fourfold to fivefold, according to Coinbase Institutional, opening a wide gap between the amount of dollar liquidity held onchain and the volume of activity that liquidity supports....
EU expands ban on Belarus nationals owning crypto service providers
2+ hour, 6+ min ago (191+ words) The European Union will ban Belarus nationals and residents from owning, controlling or taking part in the management of crypto service providers in the bloc that are regulated under MiCA, including crypto exchanges, from Aug. 25. Cointelegraph reported on July 24 that…...
$13T Charles Schwab Finally Backs CLARITY Act As Time Crunch Hits Ahead August Deadline
2+ hour, 2+ min ago (513+ words) Charles Schwab, a brokerage firm that manages $13 trillion in client assets, has stepped into the fray in support of the CLARITY Act. The company’s backing comes as Congress has been increasingly pushed for action ahead of its August recess. In…...