Bitcoin ATM Jury Duty Scams Cost Victims $7,000

Massachusetts residents lost nearly $7,000 in a sophisticated jury duty scam involving Bitcoin ATMs, highlighting a rapidly growing criminal trend that cost victims nearly $247 million in 2024 according to FBI data. Authorities warn that criminals are increasingly impersonating law enforcement and demanding immediate payments through cryptocurrency kiosks, exploiting the irreversible nature of digital currency transactions to devastating effect.

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Belgium Declares Bitcoin, Ethereum Not Securities

Belgium’s Financial Services and Markets Authority (FSMA) has delivered a landmark ruling that Bitcoin and Ethereum do not qualify as securities under Belgian law, providing crucial regulatory clarity for the crypto industry. The decision represents a significant victory for cryptocurrency stakeholders while maintaining that other regulations may still apply to digital assets with payment or exchange functions, positioning Belgium as taking a progressive stance in European crypto regulation ahead of the upcoming Markets in Crypto Assets Regulation (MiCA).

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G20 Watchdog: Privacy Laws Hinder Crypto Regulation

Global financial authorities are confronting a formidable challenge in cryptocurrency regulation as privacy laws create significant barriers to cross-border cooperation, according to the G20’s financial risk watchdog. The Financial Stability Board’s comprehensive review reveals that sixteen years after Bitcoin’s debut, inconsistent regulatory approaches across jurisdictions continue to foster regulatory arbitrage, data gaps, and market fragmentation, undermining effective oversight of the rapidly evolving digital asset landscape.

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Ghana to Regulate Crypto by Year-End, 3M Users Affected

Ghana is advancing comprehensive cryptocurrency regulations expected to be implemented before December, with the Bank of Ghana submitting legislation to parliament following four months of intensive preparatory work. This regulatory push addresses a significant digital asset user base, with estimates showing over 3 million Ghanaians—representing 8.9% of the country’s population—currently engaged with cryptocurrency markets, positioning Ghana alongside regional counterparts like Kenya in formalizing oversight of the rapidly evolving sector.

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Japan to Ban Crypto Insider Trading in 2026 Regulatory Overhaul

Japan’s financial regulators are preparing a landmark ban on cryptocurrency insider trading set to take effect in 2026. The Financial Services Agency and Securities and Exchange Surveillance Commission will gain new powers to investigate suspicious trades and impose penalties. This represents the first time Japan’s insider trading laws will apply to digital assets, marking a significant step toward integrating cryptocurrencies into the country’s regulated financial framework.

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SEC Shifts Crypto Focus from Enforcement to Framework

The U.S. Securities and Exchange Commission is undergoing a fundamental strategic shift, moving from enforcement-focused regulation toward developing comprehensive frameworks for the cryptocurrency industry. Chairman Paul Atkins announced this pivot during Fintech Week in Washington, D.C., signaling a more collaborative approach to crypto oversight that aims to provide regulatory clarity and foster innovation in digital assets.

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EU Officials Push for Euro Stablecoins to Rival Dollar Dominance

Senior European Union financial officials are advocating for the development of euro-denominated stablecoins to compete with dominant US dollar-pegged tokens, signaling a strategic shift in the bloc’s approach to digital assets. The push comes amid growing concerns about European dependence on dollar-based digital currencies following a 2025 boom in US dollar-pegged stablecoins triggered by favorable American legislation.

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Dorsey & Lummis Push Bitcoin Tax Exemption Revival

Block founder Jack Dorsey has reignited the push for a de minimis tax exemption on small Bitcoin transactions, prompting Senator Cynthia Lummis to confirm she’s working on reviving the failed legislative effort. The proposal would exempt everyday crypto purchases under a few hundred dollars from capital gains reporting requirements, addressing current IRS treatment that creates significant burdens for merchants and consumers. This comes after similar amendments failed to make it into Trump’s reconciliation bill in July due to timing constraints, setting the stage for renewed legislative action.

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XRP Legal Victory Boosts Investor Confidence in Regulated Crypto

XRP’s recent legal victory has transformed investor perception of the cryptocurrency, establishing it as a preferred choice for those seeking regulated digital assets. The resolution of the SEC lawsuit has removed a major regulatory overhang that had constrained XRP’s adoption and growth. This development marks a significant turning point for Ripple’s payment network and its native token, reshaping the landscape for institutional cryptocurrency investment.

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