The Blockchain Association and Crypto Council for Innovation said the terrorist group Hamas had reportedly curtailed using Bitcoin as authorities could more easily track funds.
Decentral Block Post
Big Questions: What did Satoshi Nakamoto think about ZK-proofs?
What was once a passing interest of Bitcoin inventor Satoshi Nakamoto, zero-knowledge-proof technology is now a major part of the crypto world.
BitPanda crypto exchange gets license in Norway amid European expansion bid
BitPanda already holds a license in Austria, Germany, France, the Czech Republic and Sweden.
New York Attorney General sues Gemini, Genesis, DGC for allegedly defrauding investors
A filing from New York attorney general Letitia James alleges that the cryptocurrency companies defrauded investors of over $1 billion.
Finland works on instant payments system, embraces digital euro
The Bank of Finland actively promotes the development of new forms of payment.
Elon Musk, Mark Cuban team up to contest SEC trial strategies
The context of this legal challenge centers around the SEC v. Jarkesy case, in which George Jarkesy contends that his Seventh Amendment rights were violated.
Coinbase selects Ireland as its European crypto hub
The crypto exchange has applied for a license under the EU’s new Markets in Crypto-Assets with the Central Bank of Ireland and, if successful, will be able to "passport" its services across EU states.
U.S. Office of the Comptroller will discuss tokenization as opposed to crypto
The OCC will host a symposium on tokenization and its benefits in February 2024.
IRS crypto tax reporting rules threat to industry — Coinbase legal chief
The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January 2026.
Binance France director resigns, adding to list of exits from crypto exchange
Stéphanie Cabossioras is at least the tenth senior executive to depart the crypto exchange this year.
Sui token struggles to regain despite denial of 'unfounded' allegations
The price of the SUI token plummeted after allegations of supply manipulation from regulatory officials in South Korea.
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found.
ECB officials move to 'preparation phase' for digital euro
Though the issuance of a digital euro is not a certainty, officials with the European Central Bank are moving to next phase of the project.
Sen. Warren, 100+ legislators write White House, Treasury about crypto and terrorism
The letter was signed by crypto opponents and many lawmakers who had been neutral on crypto until now.
US Treasury sanctions Gaza-based crypto operator allegedly tied to Hamas
According to the U.S. Treasury, terrorist groups including Hamas, ISIS, and an al-Qaeda affiliate used the Buy Cash Money and Money Transfer Company to transfer funds.
Ethereum restaking: Blockchain innovation or dangerous house of cards?
“Restaking” involves reusing staked Ether to earn fees and rewards. The restaked tokens can then help secure and validate other protocols. But many fear restaking could disrupt Ethereum’s chain itself.
Central banks want to look under crypto’s hood — Is this a positive sign?
The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto.
Middle East regulatory clarity drives crypto industry growth — Binance FZE head
UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive regulatory approaches.
IMF director urges ‘financial inclusion’ via digitalization
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion.
Council of Europe adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union