In brief Connecticut has unanimously passed the United States’ most restrictive crypto law, barring all state and local governments from purchasing, holding, or investing in virtual currencies. The legislation mandates “bold” fraud warnings for crypto businesses and requires disclosure of “all material risks” while overhauling money transmission statutes statewide. Connecticut’s ban contrasts sharply with the
In a major breakthrough under its ongoing anti-cybercrime initiative ‘Chakra-V’, the Central Bureau of Investigation (CBI) has unearthed a transnational cyber fraud network targeting citizens in the United States and Canada. Acting on credible intelligence, the agency conducted searches at three locations across India and arrested one accused, Rahul Arora, in New Delhi. Evidence uncovers
The Qubetics marketplace harnesses the transformative power of tokenization, converting diverse real-world assets into tradable digital tokens. This innovative platform democratizes ownership by enabling fractionalization, opening exclusive investment opportunities to a broader audience. By establishing a robust secondary market for these tokenized assets, Qubetics significantly enhances liquidity and transparency, addressing long-standing challenges in traditional asset
In brief Six professional footballers, including World Cup winners, are under investigation for allegedly promoting a crypto project that defrauded investors of at least $3.4 million. Spanish prosecutors allege the Shirtum platform used player endorsements to sell NFTs tied to image rights, but never delivered a working product. Victims say funds were siphoned for personal
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Cryptocurrency exchange Bullish has filed for a US initial public offering as the Peter Thiel-backed group seeks to tap surging investor demand for digital assets under the Trump administration. The company confidentially filed
A Kentucky estate owned by two men accused of torturing an Italian man in SoHo over a Bitcoin password was raided by a team of investigators Tuesday. New York City cops joined federal officials and Kentucky State Police to go through a property belonging to cryptocurrency investor John Woeltz and his associate William Duplessie, according
By: Zumair Ashraf In recent years, Pakistan has emerged as an unexpected contender in the global cryptocurrency landscape, with a growing focus on cryptocurrency mining. Once hesitant about digital currencies, the country is now embracing this transformative technology to leverage its surplus energy, attract foreign investment, and position itself as a regional hub for blockchain
In brief The CLARITY Act passed the House Agriculture Committee Tuesday with a firmly bipartisan 47-6 vote. The crypto market structure bill faces a steeper climb on the House Financial Services Committee, which is still debating the legislation. Both committees, which jointly wrote the CLARITY Act, must pass the bill before it can be considered
By ALAN SUDERMAN It’s one of crypto’s hottest trends: publicly traded companies buying bitcoin and then buying even more. President Donald Trump’s media company just announced a plan to raise $2.5 billion to buy bitcoin, joining a growing number of so-called “bitcoin treasury companies” as the world’s most popular cryptocurrency hits all-time highs. The companies
Six former La Liga stars have been accused of fraud as part of their role in a company that was looking to sell cryptocurrency and Non-Fundgible Tokens (NFTs) in their likeness. Despite not playing a role in the sales, nor the strategy of the operation, the footballers have been included in the legal complaint. As