Massachusetts becomes 8th US state to propose BTC reserve laws
Some 15 U.S. states, including Massachusetts, have reportedly been working on Bitcoin reserves legislation just days before Donald Trump’s inauguration. A bill to establish a Bitcoin (BTC) treasury in Massachusetts was introduced by State Senator Peter Durant, making it the eighth U.S. state to propose such legislation amid rising crypto interest with the incoming pro-BTC […]
BitMEX ordered to pay $100m fine for violation of U.S. banking laws
Crypto exchange BitMEX has been ordered to pay a $100 million penalty for violating U.S. banking laws. A federal judge ordered HDR Global Trading Limited, BitMEX’s parent company, to pay the penalty along with a two-year unsupervised probation sentence. In a ruling on Wednesday, January 15, 2025, U.S. District Court Judge John Koeltl, of the […]
Taiwanese man arrested for illicit USDT use, first case under new AML laws
Taiwanese authorities have apprehended a 30-year-old man, identified as Chen, for operating as an unregistered virtual currency dealer under newly enforced anti-money laundering regulations. Chen, based in Kaohsiung, had been using Facebook groups to solicit cryptocurrency trades and arrange in-person transactions where he exchanged Tether (USDT) for cash. Despite the new law, Chen reportedly completed […]
How crypto laws are changing across the world in 2025
2025 is shaping up as the most important year ever for crypto regulations. Here’s how laws and rules are set to change worldwide. Source link
Texas House eyes Bitcoin reserve laws
Texas House of Representatives introduced a Bitcoin reserve bill amid a torrent of crypto adoption chants emboldened by Donald Trump’s Nov. 6 political success. Republican State Representative Giovanni Capriglione submitted legislation for Texas to open a strategic Bitcoin (BTC) reserve that would hold the asset for at least five years. Capriglione’s proposal, filed live during […]
