police told to seize digital assets ‘without proof of crime’

police told to seize digital assets ‘without proof of crime’

Sweden’s Justice Minister has reportedly ordered law enforcement to ramp up seizures of unexplained crypto holdings—even without direct evidence of a crime. The directive hinges on a controversial law that could redefine asset forfeiture in the digital age. On July 4, Decrypt reported that Sweden’s Justice Minister Gunnar Strömmer issued a formal call for law … Read more

Kazakhstan Moves To Create A National Crypto Reserve With Seized Digital Assets

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Kazakhstan is preparing to launch a state-run crypto reserve as the National Bank of Kazakhstan confirmed plans to create a national crypto reserve. The fund will likely be made of seized digital assets and government-linked mining operations. The announcement came from the government news agency Kazinform on 25 June 2025. National Bank Chairman Timur Suleimenov … Read more

Galaxy Digital Raises Over $175 Million For Crypto Investments

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Digital asset and blockchain investment company, Galaxy Asset Management’s Galaxy Digital, has announced raising over $175 million in capital commitments. The fund is earmarked for investing in “early-stage companies developing critical infrastructure and applications for the onchain economy.” On 26 June 2025, Galaxy Digital said that the Fund specifically has and will continue to target … Read more

DOJ Targets Crypto Scam Rings, Recovers $225 Million in Digital Assets

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In one of the largest crypto crackdowns to date, the U.S. Department of Justice has seized $225.3 million in digital assets linked to a network of shady investment scams. The operation targeted a growing wave of fraud known as “pig butchering,” where victims are lured into fake crypto investments through personal messaging and social media. … Read more

Ukraine Proposes Amendments To Law To Include Digital Assets In National Strategic Reserve

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On 10 June 2025, Ukraine introduced a draft law amending the Law “On the National Bank of Ukraine” regarding the inclusion of virtual assets in the gold and foreign exchange reserves. To put it simply, the proposed amendments will allow digital assets like Bitcoin to be included in the country’s gold and financial reserves. Notably, … Read more

FIFA to Launch Custom Avalanche Blockchain for Digital Collectibles

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FIFA has made a quiet but pretty significant change to its Web3 game plan. The global football body is dropping Algorand and moving its digital collectibles project, FIFA Collect, over to Avalanche. The move isn’t just a technical shuffle, it reflects FIFA’s changing view of what fans actually want from NFTs and how it plans … Read more

FalconX and Standard Chartered Partner to Advance Digital Asset Ecosystem for Institutional Clients

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Bengaluru-headquartered digital assets prime brokerage firm, FalconX, has entered into a partnership with Standard Chartered. This strategic alliance is FalconX’s first collaboration with a global traditional bank, noted a Reuters report on 14 May 2025. Does this signal a growing institutional demand for digital assets through traditional finance channels? Big News for Crypto! FalconX Standard … Read more

$2,000,000,000,000 in Demand for US Treasuries Could Come From Digital Assets in Coming Years: Treasury Secretary Scott Bessent

$2,000,000,000,000 in Demand for US Treasuries Could Come From Digital Assets in Coming Years: Treasury Secretary Scott Bessent

US Treasury Secretary Scott Bessent says digital assets may create a $2 trillion demand for US Treasuries in the coming years. In an appearance before a Congressional House Committee Tuesday morning focused on the international financial system, Bessent says the US should take a global leadership role on digital assets. “We believe that the United … Read more

Sign up and get $10, multiple benefits open a new experience of digital wealth

Sign up and get $10, multiple benefits open a new experience of digital wealth

Against the backdrop of the continued rise of the global cryptocurrency market, BSTR Miner cloud mining platform officially launched a new user incentive plan, with “zero threshold, high benefits” as the core, to help novice and veteran users easily participate in digital currency mining. With its innovative reward mechanism, flexible contract selection and transparent profit … Read more