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German Financial Regulator Officially Classifies Cryptocurrencies as Financial Instruments

German Financial Regulator Officially Classifies Cryptocurrencies as Financial Instruments

The German Federal Financial Supervisory Authority (BaFin) released a new guideline on classifying cryptocurrencies as financial instruments. The BaFin has taken crypto classification one step further as the previous guidelines only covered security tokens.

CFTC Report Underscores DeFi Risks and Calls for Action

CFTC Report Underscores DeFi Risks and Calls for Action

The CFTC report on DeFi underscores significant risks to the U.S. financial system, national security, and consumer protection, emphasizing the need for increased understanding, regulation, and collaboration in the sector.

Sorare Inks Partnership With MLB to Float Fantasy Baseball Game with NFT

Sorare Inks Partnership With MLB to Float Fantasy Baseball Game with NFT

Sorare has partnered with Major League Baseball to create a fantasy baseball game featuring Non-Fungible Tokens (NFT).

Crypto Week 2025: How Washington Just Rewrote the Rules for Stablecoins, Exchanges, and the Digital Dollar

Crypto Week 2025: How Washington Just Rewrote the Rules for Stablecoins, Exchanges, and the Digital Dollar

During "Crypto Week" in July 2025, the U.S. established clear rules for stablecoins, favoring private tokens over a government CBDC, enhancing regulatory clarity.

How to Build Sustainable Mobility With Blockchain?

How to Build Sustainable Mobility With Blockchain?

Sustainable mobility is the need of the hour. Mobility service providers have to make public transit attractive to people while adding sustainable and green transport. How can technologies such as Blockchain empower these Mobility Operators in their move towards a greener future?

EBA Issues Updated Guidelines for Crypto Asset Service Providers

EBA Issues Updated Guidelines for Crypto Asset Service Providers

The European Banking Authority (EBA) extends Anti-Money Laundering and Counter-Terrorist Financing measures to include crypto firms, aiming to harmonize regulatory approaches and mitigate financial crime risks in the EU.

SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO

SEC Charges Disgraced Lobbyist Jack Abramoff With Fraud for AML Bitcoin ICO

Political lobbyist Jack Abramoff and Marcus Andrade, CEO of the NAC Foundation, have been charged with fraud by the Securities and Exchange Commission (SEC) for misrepresenting their token’s compliance. The pair also face criminal charges with the Department of Justice (DOJ) for money laundering.

WazirX Faces Sanction For Abating Illegal Loan App Companies

WazirX Faces Sanction For Abating Illegal Loan App Companies

Asian crypto exchange WazirX which has been under the probe of the Indian enforcement agency, Directorate of Enforcement has finally had its bank assets seized

What are the 7 Key Takeaways from Facebook's Libra Hearings?

What are the 7 Key Takeaways from Facebook's Libra Hearings?

The debate on Facebook's Libra continues with the hearing with Senate Banking Committee on 16 July and the United States House Committee of Financial Services on 17 July. Here are the 7 key takeaways from the two hearings.

Nous-Hermes 2 Mixtral 8x7B Surpasses Mixtral Instruct in Benchmark

Nous-Hermes 2 Mixtral 8x7B Surpasses Mixtral Instruct in Benchmark

Nous-Hermes 2 Mixtral 8x7B surpasses Mixtral Instruct in benchmarks, offering SFT and SFT+DPO models with ChatML prompt format, enhancing AI performance and user experience.

MLB is Looking to Hire an Expert to Expand its Metaverse Presence

MLB is Looking to Hire an Expert to Expand its Metaverse Presence

The Major League Baseball is looking to fill a metaverse role to boost its engagement in the space

New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses

New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses

The New Jersey state legislature received a new bill, the Digital Asset and Blockchain Technology Act by Assemblywoman Yvonne Lopez. This new bill would require cryptocurrency and virtual currency to obtain a license to operate, allowing for more consumer-friendly protections.

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