A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting […]
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Key TakeawaysGrayscale pressed Senate leaders for a vote before the August recess.The CLARITY Act would create nationwide rules for digital...
Key TakeawaysBancastato added bitcoin (BTC), ethereum (ETH), litecoin (LTC) and solana (SOL) without a separate exchange.Sygnum powers 25+ banks, signaling...
Key TakeawaysColdcard-linked thefts drained bitcoin from hundreds of wallets on July 30.Coinkite says Mk3 seeds had about 40 bits of...
Key TakeawaysNew York sued Kalshi for running an unlicensed gambling operation disguised as a prediction market.The state alleges Kalshi bypasses...
Key TakeawaysBessent says the CLARITY Act strengthens compliance standards for crypto intermediaries.The Treasury chief defended protections for noncustodial developers and...
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