Two Indian-origin men have been apprehended in the United States in connection with a sophisticated money laundering operation that exploited victims using gold and cryptocurrency payments. Authorities allege that the accused orchestrated a large-scale scam, coercing individuals into transferring funds and assets, including gold bars and digital currency, under fraudulent pretenses. This case highlights the… Continue reading Indian-Origin Duo Arrested in US for Multi-Million Dollar Money Laundering Scheme Involving Gold and Crypto
Category: United States
Brian Armstrong’s Banking Showdown Signals a New Phase in the Crypto–Finance Power Struggle
The growing tension between cryptocurrency firms and traditional financial institutions has found a central figure in Coinbase CEO Brian Armstrong. As digital assets gain mainstream adoption, Armstrong has increasingly positioned himself as a vocal critic of legacy banking systems, arguing that crypto offers a more transparent, efficient and inclusive financial infrastructure. His stance has drawn… Continue reading Brian Armstrong’s Banking Showdown Signals a New Phase in the Crypto–Finance Power Struggle
U.S. Senate Panel Passes Crypto Regulation Bill, Advancing CFTC Oversight Framework
In a landmark development for cryptocurrency regulation in the United States, the Senate Agriculture Committee on Jan. 29 advanced the Digital Commodity Intermediaries Act by a narrow 12–11 party-line vote, marking the first time a crypto market-structure bill has cleared a Senate panel. The legislation aims to clarify regulatory authority over digital asset markets by… Continue reading U.S. Senate Panel Passes Crypto Regulation Bill, Advancing CFTC Oversight Framework
U.S. Treasury Targets Iranian-Linked Crypto Platforms in Landmark Sanctions Move
The U.S. Treasury Department has expanded its sanctions framework into the digital asset space, designating cryptocurrency exchanges allegedly linked to Iran’s financial networks. The move marks a significant evolution in enforcement strategy, reflecting growing concerns that digital platforms are being used to bypass traditional banking restrictions. Officials argue that certain virtual asset service providers have… Continue reading U.S. Treasury Targets Iranian-Linked Crypto Platforms in Landmark Sanctions Move
Fed Maintains Interest Rates, Crypto Markets Pivot on Policy Sentiment Shift
The U.S. Federal Reserve held its benchmark interest rate steady this week, prompting notable movements in global financial markets — including digital assets such as Bitcoin and major altcoins. The Fed’s decision reflects a cautious assessment of inflation dynamics and economic growth prospects, even as forward guidance hinted at potential future tightening. Crypto markets, increasingly… Continue reading Fed Maintains Interest Rates, Crypto Markets Pivot on Policy Sentiment Shift
Bitcoin Volatility Triggers Rs. 1.7 Billion Liquidation Shock Across Crypto Markets
Wild swings in Bitcoin’s price have unleashed a wave of forced liquidations across cryptocurrency derivatives markets, wiping out approximately Rs. 1.7 billion in bullish positions within a short span. The sharp moves underscore the fragility of leveraged trading strategies in an asset class already known for extreme volatility. As traders piled into long bets expecting… Continue reading Bitcoin Volatility Triggers Rs. 1.7 Billion Liquidation Shock Across Crypto Markets
White House Seeks Common Ground Between Banks and Crypto Industry on Future Regulation
The White House is preparing to convene leaders from major banking institutions and cryptocurrency firms in an effort to bridge regulatory divides and shape a cohesive legislative framework for digital assets. The discussions aim to balance financial innovation with consumer protection, financial stability and anti-money laundering safeguards. As crypto adoption expands and traditional finance deepens… Continue reading White House Seeks Common Ground Between Banks and Crypto Industry on Future Regulation
Stablecoins Emerge as a Silent Challenger to the U.S. Banking System
Stablecoins, once viewed as a niche tool for crypto traders, are rapidly evolving into a structural competitor to traditional banking. Their growing use in payments, savings, and cross-border transfers is raising concerns that they could divert massive sums away from conventional bank deposits. Analysts warn that if adoption continues at its current pace, hundreds of… Continue reading Stablecoins Emerge as a Silent Challenger to the U.S. Banking System
Standard Chartered Warns Stablecoins Could Divert Rs. 41 Lakh Crore from U.S. Bank Deposits by 2028
Standard Chartered has issued a stark warning that the rapid adoption of dollar-pegged stablecoins could siphon off up to Rs. 41 lakh crore (about $500 billion) in deposits from U.S. banks by the end of 2028, puncturing the traditional deposit base that underpins lending and net interest income. The bank’s analysis highlights regional lenders as… Continue reading Standard Chartered Warns Stablecoins Could Divert Rs. 41 Lakh Crore from U.S. Bank Deposits by 2028
Crypto Crime Exposed: ZachXBT Uncovers Network Laundering US Government Seized Funds
Prominent blockchain analyst ZachXBT has revealed a sophisticated cryptocurrency theft network linked to funds previously seized by the U.S. government, highlighting persistent vulnerabilities in digital asset security. The investigation traces illicit transfers from multiple wallets connected to prior law enforcement seizures, suggesting a coordinated effort to launder stolen assets through mixers, decentralized exchanges, and cross-chain… Continue reading Crypto Crime Exposed: ZachXBT Uncovers Network Laundering US Government Seized Funds