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Tether Plans United States Re-entry

25 Jul 2025 1 minute read 0 comments Yugocean

Targeting Institutional Clients      Tether CEO Paolo Ardoino has announced the company's intention to re-enter the US market, this time with a focus on institutional clients. While it’s unclear when Tether officially exited the US market, Ardoino’s...

Genius Act Becomes Law in the US Following President Trump’s Signature

19 Jul 2025 1 minute read 5 comments Yugocean

Trump Enacts the Genius Act      US President Donald Trump has signed the Genius Act into law, aiming to establish clearer regulations for stablecoins. The presence of Tether CEO Paolo Ardoino and Circle CEO Jeremy Allaire at the signing suggests tha...

FTX’s Latest Court Petition

4 Jul 2025 1 minute read 8 comments Yugocean

FTX’s New Request      FTX has recently submitted a request to the court, seeking approval for a revised process to handle claims from 49 restricted jurisdictions. Due to local laws and regulations that either prohibit or limit cryptocurrency trading...

US Secret Service seizes $225 million worth of assets stolen in 2023 pig butchering scam

25 Jun 2025 1 minute read 2 comments Yugocean

Large Seize      The US Secret Service has seized $225 million worth of stolen cryptocurrency linked to a 2023 "pig butchering" scam. This seizure is one of the largest crypto seizures in US history, demonstrating the agency's growing proactivity aga...

Senator Adam Schiff introduces COIN

24 Jun 2025 1 minute read 2 comments Yugocean

     US Senator Adam Schiff has introduced a new bill called the 'COIN Act', which aims to prevent the President, Vice President and their immediate families from engaging in any type of crypto-related business during their tenure. This proposed law...

Texas Becomes the Third U.S. State to Establish a Bitcoin Reserve

22 Jun 2025 1 minute read 1 comment Yugocean

The Texas Strategic Bitcoin Reserve and Investment Act      On 22 June 2025, Texas Governor Greg Abbott signed Senate Bill 21 into law, the final day available for action on the bill. The legislation formally integrates Bitcoin reserves into the stat...

WLF’s Crypto Deal with Pakistan Raises Eyebrows

15 Jun 2025 1 minute read 0 comments Yugocean

WLF’s Crypto Agreement with Pakistan      Donald Trump’s family firm, World Liberty Financial (WLF), has signed a crypto agreement with a military-linked crypto council in Pakistan. Under the deal, WLF will assist Pakistan in developing blockchain to...

The stir over the GENIUS Stablecoins bill in the US has intensified

13 Jun 2025 1 minute read 0 comments Yugocean

Bill is ready for Vote      The GENIUS Stablecoins bill has received initial approval in the US Senate by a vote of 68-30. Now this bill will be presented for full Senate voting, this bill is aimed at establishing a regulatory framework for the stabl...

The US DoJ has uncovered a sophisticated scheme involving North Korean IT workers

9 Jun 2025 1 minute read 2 comments Yugocean

The Conspiracy      These individuals secured remote employment with US-based companies using fictitious identities and earned salaries in cryptocurrency, which were subsequently funnelled to the North Korean regime. It is alleged that the cryptocurr...

Crypto Market Shaken as Elon Musk and Donald Trump Clash Publicly

6 Jun 2025 1 minute read 1 comment Yugocean

Cryptoverse Hit with Musk-Trump dispute      The crypto world has been jolted by a public dispute between two influential figures — Elon Musk and Donald Trump. Their confrontation has sparked widespread unease across the cryptoverse, triggering sharp...