Coinbase Calls for SEC Responsibility Regarding Missing Gensler Messages
Coinbase is fiercely contesting the SEC. The firm has submitted a motion in federal court seeking sanctions and accelerated discovery after discovering that text messages from former SEC Chair Gary Gensler had been erased. These texts covered a nearly full year, encompassing a
PPI Report Timing and CPI Figures May Determine September Fed Rate Reduction
The Producer Price Index (PPI) report for August 2025 is set to be published on Wednesday, September 10, 2025, at 8:30 a.m. Eastern Time. The plight of Cassandra. Analysts anticipate that both CPI and PPI will be high, prompting institutions to offload their
US Focuses on Southeast Asian Fraud Syndicates in $10B Offensive
The US Treasury is taking action against cyber scam operations in Southeast Asia that have stealthily siphoned over $10 billion from Americans. In its recent initiative, it imposed sanctions on 19 distinct entities connected to these scams, with nine in Myanmar and ten
Trump on the Sidelines? Modi-Putin-Xi BRICS Coalition Targeting Crypto Markets
The visuals from the Modi-Xi Coalition in Tianjin distinctly illustrated a BRICS transformation. China, Russia, and India, spearheaded by Modi, Putin, and Xi Jinping, positioned themselves as a counterbalance to US supremacy. It’s amusing to see numerous nations choosing to engage with Xi
What is the FOCIL Framework? A Solution to Strengthen Ethereum’s Neutrality
Ethereum has been grappling with issues surrounding transaction censorship, and co-founder Vitalik Buterin may have discovered a potential remedy: the FOCIL framework. So, what exactly is the FOCIL framework, and how does it address one of Ethereum's primary challenges? In a broad sense,
Japan Becomes Part of BRICS? BRICS Has Simply “Launched an Offensive” Against the U.S. Dollar
Is Japan set to join BRICS? The BRICS alliance — composed of Brazil, Russia, India, China, South Africa, and six other nations — has frequently faced challenges regarding internal unity. However, BRICS is currently more cohesive than it has ever been. Recent reports
This Week In Crypto Asia: India’s Reforms on Crypto Tax, Japan’s Initiative for Stablecoins, And DBS’s Efforts in Tokenization
The crypto ecosystem in Asia is perpetually evolving, particularly following the recent decline of Bitcoin and ETH. In the midst of this, significant regulatory shifts are occurring within the Asian crypto arena. This is what unfolded. India’s Crypto Tax Discussions Propel Asian Crypto
UK Tightens Control on Crypto Networks Supporting Sanctions Evasion
The UK government is intensifying its actions against financial networks and crypto asset systems that it suspects are assisting Russia in circumventing Western sanctions. This recent initiative focuses on a group of platforms associated with a stablecoin operation based in Kyrgyzstan used to
OFAC Focuses on Kyrgyz Crypto Companies Due to Russian Stablecoin Operations
The U.S. Treasury’s Office of Foreign Assets Control has included multiple companies based in Kyrgyzstan on its sanctions list due to their involvement with a ruble-backed stablecoin known as A7A5. The firms, such as A7 LLC, Old Vector, and affiliated entities like A7