CryptoNews

Russia Declares SWIFT 'Dying' as Crypto Reshapes Finance

February 18, 2025
Russia claims it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves. Could SWIFT become obsolete as BRICS nations develop alternatives? Russia Calls SWIFT Obsolete—Is Crypto the Key to the New Financial Order? Russia claims that it has the technical ability to reconnect to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) if necessary, but…
Read more
CryptoNews

Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial

February 17, 2025
A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered…
CryptoNews

South Korea to Allow Institutional Crypto Trading in H2 2025

February 17, 2025
Starting in the second half of the year, South Korea will allow certain institutional investors, including listed companies, to open virtual asset trading accounts. Risks of Institutional Participation South Korea will allow certain institutional investors to open virtual asset trading accounts starting in the second half of the year, the country’s Financial Services Commission (FSC) announced…
Read more
CryptoNews

Hollywood Hijinks: Crypto Promoter Arrested After Daring Stunt

February 17, 2025
A man was arrested after climbing the Hollywood sign and waving a flag promoting the Vigilante token cryptocurrency. Vigilante Token Launched in ‘Most Viral’ Way On Feb. 15, the Los Angeles Police Department confirmed that officers detained a man seen atop the Hollywood…
CryptoNews

NC's Crypto Investment Bill Advances, Bringing Digital Assets Closer to Public Portfolios

February 13, 2025
North Carolina is set to modernize its investment strategy with a bill allowing the State Treasurer to allocate funds to digital asset products, signaling a shift toward blockchain-based finance. North Carolina Considers Crypto Investments for State Funds in New Bill North Carolina Speaker of the House Destin Hall and Representatives Stephen Ross, Mark Brody, and Mike Schietzelt introduced House…
Read more
CryptoNews

Litecoin ETF Approval Odds at 90%, Analysts Say

February 12, 2025
Bloomberg ETF analysts Eric Balchunas and James Seyffart have compiled a list of crypto ETF applications that they believe will have shot at being approved by the U.S. Securities and Exchanges Commission (SEC) this year, and assigned a probability of approval to each filing.
CryptoNews

Latam Insights Encore: Brazil Lacks Leadership to Solve Its Crypto Alignment Dilemma

February 12, 2025
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how the Brazilian government is divided regarding crypto, and how this might affect the growth of its crypto economy. Latam Insights Encore: Brazil, Still Not a Pro Crypto Country Brazil, one of the largest economies in the world, has…
Read more