Category: Crypto

Scott Bessent has warned that the Senate’s May 8 failure to advance the GENIUS Act has left U.S. stablecoin regulation fragmented and could push digital‑asset development overseas, as Democrats cited AML and national security concerns in narrowly blocking the bill, threatening dollar dominance.
The post Scott Bessent Slams 48-49 Senate Snub – Will GENIUS Act Failure Cost U.S. Crypto Crown? appeared first on Cryptonews. …

Taiwanese Lawmaker Ko Ju-Chun has urged the government at the National Finance Conference on May 9 to add Bitcoin to national reserves, suggesting a 5% allocation as a hedge against currency volatility and potential conflict, while Taiwan’s FSC advances draft rules for virtual asset oversight.
The post Taiwanese Lawmaker Warns Reserves at Risk – Should Taiwan Hold Bitcoin Now? appeared first on Cryptonews. …

$614.9 billion—that’s where blockchain gaming revenue is now forecast to land by 2030 after AI agents began running wallets, cutting trades, and even bluffing at on-chain poker tables this week. Recent data shows that the global blockchain gaming market size was valued at $128.62 billion in 2022.While this growth is impressive, on-chain games still primarily […]
The post AI Agents Set to Spark $615B Boom in Blockchain Gaming Engagement appeared first on Cryptonews. …

Coinbase has launched 24/7 CFTC-regulated Bitcoin and Ethereum futures via Coinbase Derivatives LLC, the first such offering in the US. Cleared by Nodal Clear and backed by Virtu, ABN AMRO and Wedbush, the move follows its $2.9bn Deribit purchase and precedes planned perpetual contracts.
The post Coinbase’s $2.9B Deribit Buy Unleashes 24/7 U.S.-Regulated BTC & ETH Futures appeared first on Cryptonews. …

Gemini has obtained a MiFID II license from Malta’s regulator, giving it EU-wide access to offer perpetual futures and other crypto derivatives. The exchange has also said it has been pursuing a MiCA license to widen services while competitors Coinbase and Kraken expand through major acquisitions.
The post Gemini Bags Malta MiFID License, Eyes EU-Wide Crypto Perps Rollout appeared first on Cryptonews. …

VIRTUAL has surged by 17.5% today, yet interest from whales could send the AI token much higher in the next few weeks.
The post Is VIRTUAL the Next AI Mega Coin? 200% Rally + Whale Inflows Signal More Upside (Price Prediction) appeared first on Cryptonews. …

Cryptocurrency has facilitated terrorism funding through tactics like chain-hopping and mixers. A U.S. court has sentenced an ISIS crypto financier to 30 years, while global regulators expand enforcement and surveillance to dismantle illicit crypto flows.
The post 30 Years for Funding ISIS: Crypto Trail Leads to Harsh U.S. Sentence appeared first on Cryptonews. …

Eurogroup President and Ireland’s Finance Minister Paschal Donohoe said that the EU would track crypto transfers for more transparency.
The post EU Plans to Track Crypto Transactions for More Transparency: Eurogroup President appeared first on Cryptonews. …

Coinbase has announced the strategic acquisition of crypto options exchange Deribit to “significantly advance” its derivatives business and provide spot, futures, and options under its umbrella.
The post Coinbase Acquires Deribit for $2.9 Billion to ‘Add Diversity to Trading Revenues’ appeared first on Cryptonews. …

Metaplanet is issuing 21.25 million USD in 0% Ordinary Bonds, allocating the entire bond to EVO Fund, to purchase more Bitcoin.
The post Metaplanet Raises Funds for BTC Purchases Through $21.25M in 0% Ordinary Bonds Issue appeared first on Cryptonews. …