The US Treasury’s Office of Foreign Assets Control (OFAC) has today added several crypto addresses to the Specially Designated National (SDN) list, associated with Sa’id Ahmad Muhammad al-Jamal.
Kazakhstan to Establish $1 Billion National Bitcoin Fund
Kazakhstan is preparing to create a national cryptocurrency reserve fund worth between $500 million and $1 billion, as reported by Bloomberg. According to the report, the fund is expected to become operational by early 2026. Specifically, it will draw its financing from seized assets, repatriated funds from abroad, and revenues generated through state-managed crypto mining. … Read more
5 Trends to expect for the year ahead
With the coming of the New Year there’s no better time to look ahead at what’s in store in the ever-changing world of crypto policy and regulation. 2024 has been a year of important developments that will have an impact on the crypto space for years to come. From the implementation of the European Union’s … Read more
Crypto Founder Explains the Hardest Part of Holding XRP
Versan Aljarrah, founder of Black Swan Capitalist, has added his voice to the ongoing discussion about the psychological challenge of holding XRP. In a recent post, he emphasized that the market tests investor conviction at every stage of XRP’s cycle, making patience the most difficult yet most valuable trait for long-term holders. Why Holding XRP … Read more
As MiCA takes effect, ESMA releases final guidance
The European Union’s Markets in Cryptoasset (MiCA) Regulation has officially come fully online, as requirements for cryptoasset service providers (CASPs) took effect from the end of 2024. As of December 30, 2024, EU member states must now implement MiCA’s provisions for CASPs, which require that CASPs meet requirements related to consumer protection, the detection of … Read more
Here’s What Happens to XRP Price If ETFs Take 5% of Supply
We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply. Notably, ETF discussions have again dominated the crypto scene after Solana recently witnessed the launch of two U.S.-based exchange-traded funds (ETFs): the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL) last month. … Read more
the company behind the largest ever illicit online marketplace has launched a stablecoin
- Huione Guarantee is a Telegram-based marketplace serving fraudsters in South East Asia, including those responsible for so-called “pig butchering” scams.
- Merchants on the platform sell technology, personal data and money laundering services. With transactions totaling at least $24 billion, it is the largest illicit online marketplace to have ever operated.
- Huione Group has recently launched a range of crypto-related products including a US dollar stablecoin, blockchain, crypto exchange and messaging app. Our analysis shows that Huione Group entities have received at least $89 billion in cryptoassets to date.
- Elliptic has identified thousands of wallet addresses associated with Huione businesses and illicit vendors operating on Huione Guarantee, enabling our customers to protect themselves from exposure to this activity.
XRP Is Not Going to $10K-$50K Per Coin, Expert Says
XRP Is Not Going to $10K-$50K Per Coin, Expert Says
US regulators will pave the way for banks to use digital assets
This blog post forms part of our 2025 Regulatory Outlook series. Over the next several weeks, we’ll be outlining key regulatory and policy trends we expect to see across the coming year. As 2024 came to a close, a major geopolitical event occurred with significant implications for the cryptoasset space. The election of former President … Read more
Here’s How High XRP Could Rise If It Beats Visa’s $600B Market Value
XRP could surpass Visa’s $600B market cap amid several bullish forecasts, ETF approvals, and growing institutional interest. Indeed, XRP remains one of the crypto assets in which market participants have high hopes for future performance. While its market cap is currently under $150 billion, many analysts forecast that its valuation could exceed $600 billion — … Read more