California DMV Embraces Blockchain for Efficient Car Title Transfers
California’s Department of Motor Vehicles (DMV) has digitized 42 million car titles on the Avalanche…
Government
Cryptocurrencies Dip Amid Political Uncertainty and Anticipation of Central Bank Meetings
Cryptocurrencies experienced a slight downturn at the start of the final week of July, as…
Cyprus and Singapore Ramp Up Crypto Oversight to Combat Terror Financing
In a move that has a goal to bolster financial security, regulatory authorities in Cyprus…
SEC Ends Investigation into Paxos, Declares Binance’s BUSD Stablecoin Not a Security
In a development in the cryptocurrency space that can bring some additional clarity, the U.S….
Lithuanian Financial Authorities Impose Record $10 Million Fine on Crypto Payment Firm Payeer
In a landmark decision, the Lithuanian Financial Crime Investigation Service (FNTT) has levied fines totaling…
Russia Contemplates Stablecoins for Cross-Border Payments Amid Sanctions
Amid the ongoing conflict in Ukraine and the increasing sanctions on Russia, the Russian government…
Silvergate Capital Corp. Settles for $63 Million Over Regulatory Accusations
Silvergate Capital Corp., the parent company of the crypto-friendly Silvergate Bank, has agreed to pay…
Federal Judge Allows SEC Lawsuit Against Binance to Proceed
In a pivotal legal development for the cryptocurrency industry, a federal judge ruled late Friday…
Circle Secures Key License in France, Paving the Way for EU Compliance
Circle, a prominent cryptocurrency firm renowned for its USD Coin (USDC) stablecoin, announced a significant…
U.S. Treasury Issues New Tax Rules for Cryptocurrency Transactions
In a long-awaited move, the U.S. Treasury Department has unveiled its comprehensive tax framework for…