#cryptocurrency

A new bill focusing on cryptocurrency regulation, authored by Ukraine's Digital Transformation Minister Mykhailo Fedorov, has been officially registered in the nation's supreme legislative body, the Verkhovna Rada.

Spain's National Securities Market Commission (CNMV) has alerted Social Network X to potential violations due to fraudulent cryptocurrency advertisements on the platform.

The Velo Protocol project, which is working towards expanding the accessibility of cryptocurrency financial services and the wider adoption of digital assets, has received a $10 million investment from DWF Labs, a heavyweight in the market-making sector of cryptocurrency.

Deutsche Börse, one of Europe’s major stock exchange groups, intends to launch a regulated cryptocurrency exchange in 2024.

The cryptocurrency project Evmos, which allows deploying Ethereum smart contracts on the Cosmos blockchain, decided to completely abandon the support of native Cosmos transactions and focus on Ethereum by the end of 2024.

In South Korea, cryptocurrency trading volumes have seen a notable increase of 7.7% since early 2023, capturing 12.9% of the worldwide total. Leading this trend is Upbit, a dominant player in South Korea's market.

A bipartisan group of U.S. lawmakers has called on President Joe Biden and Treasury Secretary Janet Yellen to assess the use of cryptocurrency by the terrorist group HAMAS, including the volume of confiscated or blocked assets.

The value of the MOON token (Moons) has dramatically soared by over 150% following an announcement by the moderators of the r/cryptocurrency community on Reddit. They revealed a plan for complete decentralization and a major overhaul of the project's strategy, moving away from the inflationary model.

On Wednesday, U.S. lawmakers introduced a bill that prohibits federal government officials from engaging with Chinese blockchain companies, reflecting the U.S. government’s ongoing concerns regarding Chinese involvement in the cryptocurrency sector.