Global #cryptocurrency regulation

Russian authorities have cracked down on cryptocurrency mining in a recent raid, seizing a staggering 500 crypto mining rigs from a facility believed to be a major Bitcoin mining hotspot.

With the 2024 presidential election approaching, the debate among industry leaders over who would be more beneficial for Bitcoin—Joe Biden or Donald Trump—has intensified.

Bankrupt Terraform Labs and its disgraced founder, Do Kwon, have reached a landmark $4.47 billion settlement with the U.S. Securities and Exchange Commission (SEC) following a jury verdict finding them liable for defrauding cryptocurrency investors in the infamous collapse of TerraUSD (UST) and LUNA.

In a move to tighten control over the burgeoning cryptocurrency sector, Argentine regulators are reportedly focusing their attention on third-party resellers of Worldcoin (WDC). This development comes amid growing scrutiny of the project within the Latin American nation.