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blockonomi.com Coinbase CEO Slams Bank Push to End Stablecoin Crypto Rewards

TLDR Brian Armstrong urged the Senate not to support banks by banning crypto rewards. Coinbase escalated its lobbying efforts in Washington during Senate discussions on crypto regulation. Armstrong stated that banks are trying to block stablecoin rewards to protect their monopoly. He emphasized that the GENIUS Act already settled the issue of allowing crypto rewards. [...] The post Coinbase CEO Slams Bank Push to End Stablecoin Crypto Rewards appeared first on Blockonomi.

blockonomi.com SEC-CFTC Officials Deny Merger Plans, Focus on Crypto Harmonization

TLDR SEC and CFTC officials met for a joint roundtable to discuss regulatory harmonization efforts in the cryptocurrency sector. Both agencies dismissed rumors of an SEC-CFTC merger and clarified their ongoing collaboration in regulating digital assets. SEC Chair Paul Atkins emphasized that there are no plans for a merger and stressed the importance of collaboration. [...] The post SEC-CFTC Officials Deny Merger Plans, Focus on Crypto Harmonization appeared first on Blockonomi.

blockonomi.com Turkey to Strengthen AML Laws, Grant MASAK Authority Over Crypto Accounts

TLDR Turkey plans to grant MASAK the authority to freeze cryptocurrency accounts to fight money laundering and financial crimes. The proposed legislation will expand MASAK’s powers to include both crypto and traditional bank accounts. MASAK will be able to blacklist wallets linked to criminal activities and impose transaction limits on suspicious accounts. New regulations will [...] The post Turkey to Strengthen AML Laws, Grant MASAK Authority Over Crypto Accounts appeared first on Blockonomi.

news.bitcoin.com US Regulators Unite to Ignite Unstoppable Financial Innovation Wave

U.S. regulators are tearing down decades of red tape to unleash a powerful new era of clarity, innovation, and global financial supremacy. SEC and CFTC Signal Historic Regulatory Overhaul to Power US Finance Forward American financial regulation is entering a decisive new phase as the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity […]

blockonomi.com Bitcoin Reserve Bill in Massachusetts: Hearing Scheduled for Discussion

TLDR Massachusetts is set to hold a hearing to consider a Bitcoin reserve bill introduced by Senator Peter Durant. The bill would allow the state to deposit seized Bitcoin and other digital assets into a reserve. The proposal also permits the use of up to 10% of the Commonwealth Stabilization Fund for crypto investments. The [...] The post Bitcoin Reserve Bill in Massachusetts: Hearing Scheduled for Discussion appeared first on Blockonomi.

blockonomi.com Swift Announces Blockchain Initiative to Revolutionize Cross-Border Payments

TLDR Swift has announced the launch of a blockchain-based shared ledger to support 24/7 real-time cross-border payments. The new blockchain ledger aims to enhance scalability and reduce the costs and delays traditionally associated with cross-border transactions. Swift will collaborate with over 11,500 financial institutions globally, transforming the way international payments are processed. The ledger will [...] The post Swift Announces Blockchain Initiative to Revolutionize Cross-Border Payments appeared first on Blockonomi.

news.bitcoin.com Kazakhstan Dismantles Crypto Exchange Linked to $224 Million Money Laundering Operation

A Kazakhstan agency announced on Sept. 29 the dismantling of a major crypto exchange involved in laundering over $224 million from drug trafficking and internet fraud. High-Profile Service and Darknet Links Kazakhstan’s Financial Monitoring Agency (FMA) announced on Sept. 29 that it had completely dismantled a major crypto exchange service that laundered over $224 million […]

bitcoinmagazine.com SEC Crypto Policy: Chairman Atkins Vague on Wallet Rules

Bitcoin Magazine SEC Crypto Policy: Chairman Atkins Vague on Wallet Rules Chairman Atkins has stated that he plans to bring securities markets on-chain but still hasn’t provided insight into whether or not wallets used to trade these assets will require legal identification. This post SEC Crypto Policy: Chairman Atkins Vague on Wallet Rules first appeared on Bitcoin Magazine and is written by Frank Corva.

blockonomi.com SEC Chairman Highlights Crypto as Priority, XRP ETF Moves Ahead

TLDR SEC Chairman Paul Atkins has announced that crypto is a top priority for the agency. The SEC has requested issuers of XRP, Solana, Cardano, and Dogecoin ETFs to withdraw pending filings. This request is part of the SEC’s new approval process, which aims to speed up crypto ETF approvals. More than a dozen funds [...] The post SEC Chairman Highlights Crypto as Priority, XRP ETF Moves Ahead appeared first on Blockonomi.

blockonomi.com From Bitcoin’s Strength to World Liberty Financial’s Rise—Why BullZilla Leads the Best Crypto Presales to Invest in 2025

Cryptocurrency markets never sleep. Every day brings new opportunities for investors to secure positions in projects that could define the future of finance. Among the most talked-about names today are BullZilla ($BZIL), Bitcoin (BTC), and World Liberty Financial (WLFI). Each has carved out its space in the global market, but for those searching for the [...] The post From Bitcoin’s Strength to World Liberty Financial’s Rise—Why BullZilla Leads the Best Crypto Presales to Invest in 2025 appeared first on Blockonomi.

bitcoinist.com Nick Szabo Drops Bombshell: Bitcoin Core v30.0 Faces Legal Nightmare

Bitcoin’s next major software release, Bitcoin Core v30.0, has reignited a fraught debate over what kinds of data should be permitted to traverse and settle on the network—and who could bear legal responsibility when that data is illicit. On Monday, cryptography pioneer Nick Szabo weighed in with a pointed warning: changes in v30.0 that relax […]

blockonomi.com Kazakhstan Partners with Binance to Create State-Backed Crypto Fund

TLDR Kazakhstan has launched the Alem Crypto Fund in collaboration with Binance to manage state-backed crypto assets. The fund’s first investment is in BNB, the utility token of Binance, to build long-term digital reserves. Qazaqstan Venture Group manages the fund under the Astana International Financial Centre. Kazakhstan aims to strengthen its position in the global [...] The post Kazakhstan Partners with Binance to Create State-Backed Crypto Fund appeared first on Blockonomi.