Author: Crypto Team

Along with Mike Adams, the creator of Natural News and sometimes referred to as “The Health Ranger,” bitcoin entrepreneur Roger Ver—often known as “Bitcoin Jesus”—founder of Bitcoin.com showed up on The Alex Jones Show Wednesday. Adams fervently argued during the programme for former President Donald Trump to pardon Ver, calling it a vital message to the pro-crypto and pro-freedom sectors. Legal Persecution: Roger Ver’s Challenges Tracy Thurman, the campaign lead for freerogernow.org, detailed Ver’s story—which has attracted a lot of interest. Like his look on The Charlie Kirk Show, Ver appeared with tape over his mouth displaying the term “censored,”…

Presenting Bitcoin as the National Asset for Every American. Aiming at creating a strategic Bitcoin reserve for the United States, the Bitcoin Policy Institute has developed a suggested executive order. Under the Exchange Stabilisation Fund (ESF), this draft order aims to classify Bitcoin as a reserve asset and is meant for review by U.S. officials. The main objective of the plan is to make Bitcoin a permanent national asset, therefore benefiting every American and helping the US economy to remain stable in the global financial scene. Should the strategic Bitcoin reserve be established, the Secretary of the Treasury would oversee…

Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury, presented a stablecoin bill for Legislative Council second reading on December 18. Understanding the rising importance of fiat-backed stablecoins in the financial industry, the proposed law aims to create a strong legal framework to control their distribution and operation. Supported by premium, liquid assets, the rule requires stablecoin issuers to keep reserves matching the value of their stablecoins. Stablecoins at face value would be redeemable by holders free from any costs or delays. Along with strict risk management systems, openness and disclosure rules, and anti-money laundering (AML) policies, the…

The India Blockchain Alliance (IBA), a leading blockchain advocacy group, has announced a groundbreaking partnership with Ras Al Khaimah Digital Assets Oasis (RAK DAO). As the world’s only common law free zone dedicated to digital asset enterprises, RAK DAO aims to foster innovation, collaboration, and global blockchain integration. This strategic alliance seeks to create a unified global blockchain ecosystem, promoting talent exchange and innovation between India and the UAE. The partnership will provide Indian blockchain companies seamless access to the UAE market through RAK DAO’s thriving ecosystem, which includes over 400 enterprises and a robust legal and regulatory framework. Conversely,…

The discovery of a large subterranean gold reserve by El Salvador recently generated a lot of attention and conjecture on the nation’s economic policy. Presented by President Nayib Bukele, this revelation offers a possible $3 trillion chance that might change the financial scene of the country and increase its current bitcoin reserves. In line with the nation’s continuous acceptance of cryptocurrencies, President Bukele made hints about using this newly acquired resource to support bitcoin purchases. As El Salvador keeps including bitcoin into its economy, this strategy might indicate a dramatic new chapter for the country. Prominent bitcoin consultant to the…

Coinbase Reverses WBTC Elimination Decision. In a court document turned in on Tuesday, Coinbase has forcefully defended its decision to delist Wrapped Bitcoin (WBTC). The trade said that the action was required to preserve the integrity of its platform and guard consumers against possible dangers connected to Justin Sun’s participation in WBTC. This legal conflict started when Coinbase revealed on November 19, 2024, its intentions to eliminate WBTC, a cryptocurrency created by Bitgo supported by Bitcoin (BTC). Recently joining Bitgo’s WBTC operations, Bit Global has questioned Coinbase’s choice, alleging it resulted in notable financial losses and tarnished its standing. Currently…

Legal action against Binance Australia Derivatives has been started by the Australian Securities and Investments Commission (ASIC), alleging that the crypto exchange neglected to give enough consumer protections for retail customers. A Dec. 18 news release claims that ASIC claims Binance Australia misclassified over 500 retail customers as “wholesale clients,” therefore exposing them to high-risk crypto assets without the necessary protections. Businesses under Australian financial services rules have to give retail customers access to a compliant dispute resolution system and a product disclosure statement. ASIC argues, however, that between July 7, 2022, and April 21, 2023 Binance neglected to fulfil…

Leading cryptocurrency exchange OKX has integrated with Dune, the top on-chain data platform in the crypto ecosystem, to offer comprehensive analytics for its decentralized exchange (DEX). This new partnership provides users with access to crucial on-chain data, including daily transaction volumes and cross-chain swaps, directly from OKX on Dune. As of December 18, the Dune dashboard now features live insights from OKX’s decentralized exchange aggregator. This upgrade enables developers, investors, and data analysts to monitor and analyze OKX’s DEX data in real-time, enhancing transparency and decision-making within the crypto space. Networks Included in the Dashboard The Dune dashboard currently supports…

Former Democratic Party lawmaker Kim Nam-kook of South Korea has been given six months in jail for hiding his bitcoin holdings while serving in the National Assembly. At the Southern District Court in Yangcheon-gu, Seoul, the decision was rendered on October 28, 2024, so transforming the political and judicial scene of South Korea. Charges Against Kim Nam-kook Kim was accused of purposefully changing his bitcoin distribution in order to avoid inspection. Prosecutors said he covertly returned the remaining money back into cryptocurrencies while converting some of his assets into bank deposits to match the stated total. These acts apparently sought…

Overhere, the business behind the HAWK meme coin’s launch—named after viral internet celebrity Haliey Welch, sometimes known as the Hawk Tuah Girl—has moved responsibility for the token’s stunning failure onto Welch and her team. Launched on the Solana blockchain in early December with significant buzz, the HAWK token fell by almost 90% within hours of its release. Furious investors called the launch a typical “rug pull,” claiming the crew dropped the business after benefitting from gullible consumers. Overhere wrote a thorough thread on X (previously Twitter), claiming Welch and Alexander Larson Shultz—better known as “Doc Hollywood” and son-in–law of Canadian…