FDIC Clarifies Process for Banks to Engage in Crypto-Related Activities
WASHINGTON – Today, the Federal Deposit Insurance Corporation (FDIC) issued a Financial Institution Letter (FIL-7-2025) that provides new guidance for...
Activities
FDIC says banks can engage in crypto activities without prior approval
The Federal Deposit Insurance Corporation (FDIC) issued new guidance on March 28 clarifying that FDIC-supervised banks may engage in crypto-related...
Duane Morris LLP – SEC Exempts Certain Proof-of-Work Crypto Mining Activities from Securities Regulation: A Game Changer for the Industry?
The Division found that a Covered Crypto Asset does not constitute any of the financial instruments that are specifically enumerated...
Bybit hackers resume laundering activities, moving another 62,200 ETH
North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1...
Financial Stability Board seeks views on global regulatory framework for crypto-asset activities
The Financial Stability Board (FSB) is seeking feedback as part of its thematic peer review on the implementation of its...
IPX Unveiled Its First PFP Project ‘WADESIDE’, Elevating the Dynamics Between Authentic IP Activities and NFT Value Growth
Seoul, South Korea, February 27th, 2024, Chainwire Digital IP entertainment company IPX (formerly LINE FRIENDS) announced the launch of its...
US Treasury targets crypto mixers with new tools to counter illicit crypto activities
The US Treasury Department’s Office of Terrorism & Financial Intelligence (TFI) wants enhanced tools and authorities to combat illicit fund...
Hut 8 responds to report criticizing USBTC merger and other activities
The Bitcoin and digital asset mining firm Hut 8 responded to a recent critical report in a statement on Jan....
TrueUSD attributes Binance Launchpool activities to recent stablecoin price deviation
Embattled TrueUSD (TUSD) stablecoin attributed the asset’s recent price deviations from the $1 peg to the “community mining activities associated...
ENS, Four Altcoins at Risk of Drop Amid Rising Profit-Taking Activities
Ethereum Name Service (ENS) has an alarmingly high 30-day MVRV ratio of 54.19%, indicating that over half of its tokens...