Australian regulators have dismantled 95 companies suspected of running crypto investment and romance scams, marking one of the country’s most sweeping crackdowns against cryptocurrency related fraud. ASIC announced the Federal Court approved their request to close the firms due to fair and appropriate reasons. The authorities took action because their probe showed the companies used […]
Tokenization Market Could Reach $18.9T by 2033, Says Ripple
Ripple, one of the world’s major blockchain companies behind the cryptocurrency XRP, envisions an exciting future for digital asset markets, as it has unveiled projections for April 7, 2025. In a new report, Ripple estimates that the global tokenization market could jump to $18.9 trillion by 2033. Revolutionizing the financial sector is expected to be […]
Dubai Land Regulator Joins Crypto Experts for Real Estate Tokenization
The Virtual Asset Regulatory Authority and Land Department of Dubai have united to research blockchain and cryptocurrency use at the property level. The cooperation deal started on Sunday to help Dubai reach its goals for enhancing real estate technology innovations. Both Dubai Land Department (DLD) and Dubai Virtual Assets Regulatory Authority (VARA) work together to […]
Bitcoin ETFs See $172M Weekly Outflows Amid Market Drop
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded significant outflows last week, shedding $172.89 million as heightened trade tensions and a broad crypto market sell-off rattled investor confidence. The latest data from SoSoValue reveals that investor withdrawals from all 12 spot Bitcoin ETFs reached $172.89 million last week following two positive weeks of taking in $941 […]
Trump’s Tariffs May Boost Bitcoin and Crypto Markets
As U.S. President Donald Trump ramps up trade tensions with new rounds of tariffs, financial analysts suggest that the resulting economic uncertainty could ultimately boost the adoption of cryptocurrency. According to Bitwise analyst Jeff Park, governments will use inflationary tactics that hurt regular money while pushing Bitcoin demand higher because of growing trade disputes. In […]
SEC Chair Moves to Reevaluate Bitcoin Guidance
Mark Uyeda, as acting SEC chair, ordered staff on April 5, 2025, to reassess multiple crypto-related rules, particularly the SEC’s decision about crypto investments and Bitcoin futures investing standards. This review includes both instructions about market disclosure letters and guidance on digital asset securities oversight as well as Wyoming’s no-action letter and its related custody […]
US Court Cracks Down on CLS Global for Illicit Wash Trading
A U.S. federal court fined cryptocurrency services firm CLS Global $428,000 Thursday, finding the United Arab Emirates-based firm guilty of running an extensive wash trading scheme used to manipulate markets. The ruling reached April 2 in Boston bars CLS Global offering services in the United States for a three-year probationary period. The case is a […]
UK Police, Law Firm Launch Program to Recover Crypto Assets
The City of London Police teams up with Gowling WLG to run a civil asset recovery program after using cryptocurrency to help a fraud victim retrieve their £2 million in digital assets during their pilot project. This scheme exists to restore money to fraud victims especially those with cryptocurrency losses even when criminal charges cannot […]
Dogecoin at a Crossroads: Breakdown or Breakout?
Dogecoin’s open trading activity keeps dropping, which leads investors to worry about its future as a meme digital currency. The market data shows DOGE will probably keep going down if the present movement keeps going. Coinglass data reveals that the pending derivative stakes for Dogecoin reached $1.57 billion on January 31 yet returned to $5.42 […]
Illinois Proposes Stricter Rules for Crypto Industry
The Illinois Senate moved a bill forward that aims to regulate all cryptocurrency businesses within the state and stop digital asset fraud that is rising across the state. Senate Executive Committee approved the law on Thursday as a defense measure against cryptocurrency scams that stole $163 million from Illinois residents in 2023. State Senator Mark […]