cryptonews

SEC Wins $1.1M Default Judgment After Keith Crews Skips Crypto Fraud Case

The SEC crypto fraud case against Keith Crews ended with a $1.1 million penalty after he failed to appear in court. On June 3,...

K Wave Media Signs $500M Deal to Build Massive Bitcoin Treasury

On June 4, K Wave Media, a South Korean entertainment company, signed a $500 million securities purchase agreement with Bitcoin Strategic Reserve KWM. The...

California Assembly Approves Bill to Let State Accept Crypto Payments

The California State Assembly approved Assembly Bill 1180 (AB 1180) on June 2, 2025, with a 68-0 vote. The bill allows state departments to...

Australia Caps Crypto ATM Cash at $3,250 After $2M Scam Losses Revealed

On June 3, 2025, AUSTRAC introduced new rules for crypto ATM operators across Australia. The regulations include a $3,250 cash limit per deposit or...

Czech Justice Minister Resigns Over $45M Bitcoin Gift

Czech Justice Minister Pavel Blazek resigned on May 30 after public pressure and police investigation into a $45 million Bitcoin gift. The cryptocurrency was...

Stablecoin Payment Volume Hits $94.2B as B2B Transfers and Card Usage Expand

From January 2023 to February 2025, stablecoin payment volume reached $94.2 billion, according to Artemis. Business-to-business (B2B) transfers made up the largest portion, with...

SEC Abruptly Ends Binance Lawsuit After Two Years of Legal Pressure

On May 29, 2025, the SEC Binance lawsuit came to an official end after a joint motion was filed by the U.S. Securities and...

Trump Endorses U.S. Plan to Buy 1 Million Bitcoin, Says Senator Lummis

President Donald Trump backs a plan to accumulate 1 million Bitcoin over five years through the BITCOIN Act. Senator Cynthia Lummis announced this during...

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