Nepal's cryptocurrency ban has led to an increase in fraud, with criminals using digital assets to launder money and exploit victims through online scams. The government's legal restrictions have made it difficult for victims to report fraud, further complicating efforts to tackle the issue.
WeatherlyThe Trump transition team is considering Teresa Goody Guillén, a BakerHostetler partner and blockchain expert, for SEC chair, following a meeting with Coinbase CEO Brian Armstrong. A decision on Gary Gensler's successor is expected before Thanksgiving.
CatherineOf the five indicted in the FTX case, three are in prison, one received time served, and now focus shifts to co-founder Gary Wang. Set for sentencing on 20 November, will he face a harsh penalty or leniency?
KikyoThe crypto industry is gaining momentum in Washington, with key figures like Donald Trump and Coinbase CEO Brian Armstrong advocating for pro-crypto policies. Trump’s recent moves, including the Bakkt acquisition and potential SEC leadership changes, signal a shift towards greater crypto influence in U.S. politics.
AnaisThe Catholic Church's anime-inspired mascot has sparked the creation of a popular meme coin, Luce. After a significant price surge following its futures listing on Bybit, the token, launched just three weeks ago, has rapidly gained attention among crypto enthusiasts.
CatherineDonald Trump's sentencing in the hush money case has been delayed, potentially for years, due to legal motions and his presidency. His legal team argues for immunity, while the Manhattan DA insists the conviction should stand despite political challenges.
WeatherlyMichael Saylor plans to present a Bitcoin investment strategy to Microsoft’s board ahead of a key vote on 10 December. The proposal, backed by shareholder activism, suggests Microsoft consider Bitcoin as a potential investment, citing MicroStrategy's success with the asset.
AnaisA US congressional commission has proposed a Manhattan Project-style effort for AGI development, urging the Secretary of Defense to prioritise key AI projects amid escalating competition with China.
KikyoRussia is set to ban crypto mining in energy-stressed regions, including occupied Ukrainian territories, starting December 2024, due to power shortages. The government is also revising crypto regulations, with new tax laws and plans for national crypto exchanges.
WeatherlyReddit's r/cryptocurrency community has launched the .MOON domain, allowing users to create digital identities and engage with the blockchain ecosystem. This move expands beyond Reddit, enabling users to interact with over 865 blockchain apps and securely handle crypto assets and NFTs.
Anais