To stop this practice, Senator Adam Schiff (D-CA) has introduced the Curbing Officials’ Income and Nondisclosure (COIN) Act. The proposed legislation comes amid growing concerns over former US President Donald Trump’s ties to the cryptocurrency industry. Schiff, joined by nine other Democratic lawmakers, aims to prevent the "financial exploitation of...
Europe is quickly establishing itself as the world’s most competitive and vibrant crypto market. This transformation is most recently driven by the full implementation of the Markets in Crypto-Assets (MiCA) framework. This detailed regulatory overall has been influential in restoring investor calm and a record boom in buying and selling...
On September 19, 2023, the U.S. Senate passed a landmark piece of legislation to regulate stablecoins – the Guiding and Enhancing New Initiatives in Understanding Stablecoins (GENIUS) Act. This monumental act is poised to recalibrate the regulatory terrain for payment stablecoins. The Act, approved on May 19, 2025, by a...
European governments are hoping to position Europe as the new global crypto hub. Its transparent regulatory framework attracts both investors and platforms, while the U.S. continues to struggle with legal ambiguity. The implementation of the Markets in Crypto-Assets (MiCA) regulatory framework in Europe has led to a surge in digital...
The GENIUS Act, as expected, received a lot of publicity after its passage in the US Senate on Tuesday. This bill is meant to lay out rules for payment stablecoins. Polymarket, a favorite predictions market among Beltway gamblers, began taking bets on passage of the bill. According to the latest...
We applaud the Senate’s progress on this issue by passing the bipartisan Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. They voted 63-30 on a bipartisan basis to create a federal regulatory framework for stablecoins. This truly historic legislation seeks to provide a framework that would introduce overdue...
Vietnam has taken a significant step towards the legitimization of digital and crypto assets with new legislation. The law gives the Vietnamese government leverage to develop tailored regulatory circumstances. This means enforcing anti-money laundering controls and creating cybersecurity standards on par with international guidelines. This move aims to improve Vietnam's...
In June 2025, Coinbase, one of the largest cryptocurrency exchanges, suffered a significant data breach. Unfortunately, this breach put the sensitive data of nearly 70,000 customers at risk. The exposed data is what they collected during the Know Your Customer (KYC) process. With this dramatic disclosure further questioning the safety...
The U.S. Senate is considering the "Guaranteeing, Robust, and Innovative, but also, New, Uniform, and Stablecoins (GENIUS) Act," a bipartisan bill designed to regulate stablecoins and provide consumer protection in the digital currency market. Republican Senator Bill Hagerty of Tennessee and Democrat Senator Kirsten Gillibrand of New York recently introduced...
The Senate has recently advanced the Guiding Uniform and Innovative Stablecoins Payments Act (GENIUS Act), signaling a significant step towards regulating the rapidly growing $238 billion stablecoin market. This important bipartisan bill is intended to provide a bright-line regulatory framework for the entities that will be issuing these digital currencies....
