US Treasury Targets Crypto Exchanges to Counter Ransomware

The US Treasury targeted crypto exchanges for laundering ransom payouts. The Treasury released a set of actions emphasizing disrupting crypto exchanges and criminal networks acting behind ransom laundering. The actions also focus on increasing ransomware payments and encouraging cyber-safety across US agencies, law, and Treasury enforcement. Janet L. Yellen, the Treasury Secretary, talked about the […]

Coinbase seeks new exec to debate with policymakers

The U.S. exchange is looking to hire a leader with excellent political judgment to oversee relations with Washington D.C. Coinbase is looking for a new hire to manage the exchange’s sour relationship with policymakers. The United States-based crypto exchange aims to swell its legal and compliance team ranks. The company is looking for more than […]

UAE regulators approve crypto trading in Dubai free zone

Dubai authorities continue driving more adoption to the cryptocurrency industry by pushing more regulatory approvals. Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and support cryptocurrency trading in an economicfree zone in Dubai. The Dubai World Trade Centre Authority (DWTCA) announced Wednesday that it had signed an agreement with the […]

Roughly 1 in 5 U.S. adults heard about Kim Kardashian’s promotion of “Ethereum Max”

Roughly one in five adults reported seeing something about Kim Kardashian’s Instagram post promoting the cryptocurrency Ethereum Max, according to data intelligence company Morning Consult. Morning Consult’s poll, which was conducted among 2,200 US adults in the days following Kardashian’s post, revealed that the share was even higher among crypto owners, at 31%. Crypto audience […]

Gensler suggests students start saving fiat

Not content with working on regulating crypto platforms withing an inch of their lives, Gensler, chair of the SEC, is now giving college students the advice to start saving “early” and “often”. He quotes 8% as a possible yield from the savings.  In a video published on Gensler’s Twitter account yesterday, he gives students advice on what […]