The project’s disclosures say LAPTOP has no utility, lock founder tokens for six months and reserve 2% for wallets that lost money on TRUMP. [Update, Sept. 9, 1 p.m. UTC: Updates LAPTOP’s price performance and volume after its first hour of trading.] Hunter Biden’s LAPTOP memecoin fell 95.7% in its hour of trading on Wednesday,...Continue Reading

Banca d’Italia ordered crypto service providers to implement internal controls to screen for crypto transfers tied to sanctioned entities. Italy’s central bank, Banca d’Italia, ordered mandatory sanctions screening for cryptocurrency transfers to help curb illicit flows across the EU.  The bank said that crypto asset service providers (CASPs) must put policies and internal controls in...Continue Reading

The US Senate has a limited window to pass a crypto market structure bill, but if it were to fail, the legislation could be completely remade or scrapped under Democrats in 2027. With lawmakers in the US Senate set to consider legislation pushed by many in the cryptocurrency industry for regulatory clarity, there’s a limited...Continue Reading

Metaplanet’s executive stock pool continues to draw backlash over dilution concerns, as investors urged the company to freeze the exercise rights tied to 273 million shares. Japanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns.  Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option...Continue Reading

Alan Lane said a “coordinated attack” by the Biden administration made Silvergate’s continued operation untenable and prompted its liquidation. Former Silvergate Bank CEO Alan Lane said political and regulatory pressure from the Biden administration drove the crypto-focused lender’s voluntary wind-down in 2023, arguing that the bank remained solvent after weathering a deposit run. In an...Continue Reading

Bitcoin aggregate onchain profit entered its fourth week, but a popular analyst warned that BTC price “downside risk” remained in place. Bitcoin (BTC) is breaking with typical bear-market behavior as a classic onchain metric puts in its longest bullish streak of 2026. Key points: Read moreContinue Reading

The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans. Jack Dorsey’s payments company Block seeks to establish a federally regulated trust bank to provide custody services for Bitcoin and stablecoins. Block said Tuesday it had submitted an application to the Office of the Comptroller of...Continue Reading

Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported. Iran’s central bank has reportedly eased foreign currency controls to encourage businesses to bring overseas earnings home, including through cryptocurrency, amid tightening US sanctions. This includes using Tether’s USDt (USDT) and Bitcoin (BTC) to...Continue Reading

Gemini’s local entity is authorized to provide digital payment token and cross-border money transfer services without standard transaction-volume limits. Crypto exchange Gemini has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), completing its transition from in-principle approval granted nearly two years ago.  On Wednesday, Gemini said the license was...Continue Reading

US prosecutors said Lam organized an international network that targeted cryptocurrency holders through social engineering and home break-ins. Singaporean national Malone Lam pleaded guilty to participating in a racketeering conspiracy that US prosecutors say used social engineering and home break-ins to steal and launder more than $245 million in cryptocurrency. On Tuesday, the US Justice...Continue Reading