Russia’s Biggest Crypto Miner Faces Fraud Case
Key Takeaways An arbitration court awarded an En+ affiliate 954.4 million rubles (approx. $11.9 million) over an undelivered equipment contract. Runets was already under house arrest from a s
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Policy
Latest CryptoCompass coverage, analysis, and explainers filed under Policy.
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Grayscale CEO Files to Sell $53K of GXRP Shares Bought Before Ripple ETF Listing
The notice puts the aggregate market value at $53,394.95, or $20.45 per share, with Cantor Fitzgerald handling the sale on NYSE Arca. Mintzberg acquired the shares on October 3, 2024, through
South Korea stablecoin plan could bypass crypto law delay
South Korea should introduce interim stablecoin licensing guidance before lawmakers complete the wider Digital Asset Basic Act. Summary South Korea’s report urges stablecoin licensing guidanc
Hedera policy chief says governance decides whether tokenization delivers
Governance first, technology second Nilmini Rubin (@nilminirubin), Chief Policy Officer at @hedera, used a Finextra piece published Tuesday to make a pointed case: tokenization's most cited b
Russia's Biggest Crypto Miner Linked To Alleged 1B Ruble Fraud
Court Escalates Detention as Fraud Charges Mount A Moscow court has moved BitRiver founder Igor Runets from house arrest to pretrial detention for two months, marking a significant escalation
Bitriver Founder Sent To Pretrial Detention Facility As Legal Troubles Mount
A Russian court has sent Bitriver founder Igor Runets to a pretrial detention facility. Runets will spend two months at the facility while investigators build their case. Runets was detained
US Sanctions Iranian Shipping Firm After It Reportedly Accepted Bitcoin
The U.S. Treasury has sanctioned two Iranian maritime firms it says were central to an IRGC-linked insurance network operating around the Strait of Hormuz—an arrangement the Treasury claims u
DCG presses Senate for Clarity Act floor vote before recess
Digital Currency Group (@DCGco) has sent a letter to Senate leadership urging Majority Leader John Thune and Minority Leader Chuck Schumer to schedule a floor vote on the Digital Asset Market
Luno cuts 20% of staff as crypto layoffs widen
Crypto exchange Luno is cutting about 20% of its global workforce as part of a restructuring confirmed on July 28 by Chief Executive James Lanigan. Summary Luno is cutting 20% of its global w
South Korea report proposes stablecoin rules before crypto law
South Korea should allow greater flexibility for stablecoin issuers, provide interim licensing guidance and phase in stablecoin regulation before completing its Digital Asset Basic Act, accor
Aviva Investors launches tokenized fund share class on XRP Ledger
First Tokenized Fund Live on XRPL Aviva Investors, the asset management arm of UK insurer Aviva plc, has launched a tokenized share class of its US Dollar Liquidity Fund on the XRP Ledger. Th
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
The US Treasury has sanctioned two Iranian maritime firms involved in an alleged Islamic Revolutionary Guard Corps (IRGC)-backed insurance network, saying one accepted Bitcoin (BTC) and other