Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been also serving criminal gangs and rich Russians, sources claim. …

Billionaire Elon Musk has called for a “comprehensive overhaul” of regulatory agencies, which includes the U.S. Securities and Exchange Commission (SEC). The Tesla and Spacex CEO added that there needs to be a commission to take punitive action against individuals who abuse their regulatory power for personal and political gain. …

Ethereum revenue milestone reaches $10B quicker than Meta (Facebook) and Microsoft, driven by network activities. The new ethereum revenue milestone places it among the ranks of tech giants. According to a recent report from crypto brokerage firm Caleb & Brown, Ethereum has surpassed $10 billion in revenue since its launch…

U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. Cryptocurrency Exchange Coinbase Registers With the Central Bank of Spain Leading U.S. digital assets trading platform Coinbase has registered as a crypto exchange and custodian wallet provider…

In a significant development for the Ethereum network, the number of active addresses surged past the 1 million mark on September 13. This milestone coincided with another remarkable achievement as the Ethereum network recorded nearly 1.63 million transactions on the same day, the highest daily transaction volume since December 9…

The United States will eventually have a spot bitcoin exchange-traded fund (ETF), according to Jay Clayton, former chairman of the U.S. Securities and Exchange Commission (SEC). “It is clear that bitcoin is not a security. …

Uzbekistan has unveiled ambitious plans to establish a regulatory framework for cryptocurrency miners, mining pools, and token issuance, marking a significant step in shaping the country’s digital asset landscape. Five specialized legal acts are set to cover various aspects, from licensing cryptoasset exchanges to participant registration within special regulatory regimes…

Stablecoins are winning in the realm of payments, and are largely used for non-speculative activity. Stablecoin payment adoption continued to thrive last year despite massive capital outflows from the crypto market at large, according to a new report from European hedge fund manager Brevan Howard. The fund’s report — co-authored…

According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Crypto asset businesses will be required to take “all reasonable steps” to ensure compliance with the travel…