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Vietnam Launches Domestic Crypto Exchange Pilot Program to Restrict Offshore Trading Vietnam is moving to regulate its rapidly growing cryptocurrency market by establishing a pilot program for locally-operated digital asset exchanges. The initiative aims to curb trading on foreign platforms and maintain better control over the country’s capital flows, according to a government resolution issued…
Australia Senate Backs Comprehensive Crypto Framework, Bringing Digital Assets Under Financial Services Law Australia’s Senate Economics Legislation Committee has recommended moving forward with the country’s first comprehensive regulatory framework for digital-asset platforms and custody services. The proposed Corporations Amendment (Digital Assets Framework) Bill 2025 would bring crypto platforms and token custodians under the country’s existing…
BlackRock Won’t Chase Exotic Crypto ETFs Despite Market Expansion BlackRock will maintain a conservative approach to crypto exchange-traded fund offerings, avoiding exotic structures despite launching its second Ether product this week, according to the firm’s digital assets head Robert Mitchnick. The $14 trillion asset manager launched the iShares Staked Ethereum Trust (ETHB) on Thursday, which…
Bonk.fun Domain Hijacked in Wallet Drainer Attack on Solana Users Solana-based memecoin launchpad Bonk.fun warned users to avoid its website after attackers hijacked the platform’s domain and deployed a wallet-draining scheme. The exploit targeted users through a fraudulent terms-of-service prompt designed to steal cryptocurrency. The Bonk.fun account on X issued an urgent warning early Thursday,…
DOJ Investigating Whether Iran Used Binance to Evade US Sanctions The U.S. Justice Department is investigating whether Iran exploited Binance to circumvent American sanctions, according to reporting from the Wall Street Journal on Wednesday. The investigation centers on more than $1 billion in transactions that allegedly flowed through the world’s largest cryptocurrency exchange to Iran-backed…
Bitcoin Could Rally if U.S.-Iran Conflict Extends for Months, Says Macro Strategist Bitcoin BTC $68,153.83 may emerge as a significant winner if a prolonged U.S.-Iran conflict drives sustained deficit spending, currency debasement and lower interest rates, according to macrostrategist Mark Connors. The combination of war-related government expenditures, expanding debt and looser monetary conditions historically creates…
US Court Dismisses Terrorism Financing Lawsuit Against Binance and CZ A US federal judge has dismissed a lawsuit accusing Binance, former CEO Changpeng Zhao and Binance.US of facilitating terrorist financing through cryptocurrency transactions. The ruling marks a significant legal victory for the world’s largest cryptocurrency exchange amid ongoing regulatory scrutiny. The US District Court for…
