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Cambodia’s parliament passed legislation targeting compounds used to defraud victims through scams, including those involving cryptocurrency.In a Friday notice, the Senate of the Kingdom of Cambodia announced that the chamber had unanimously approved the draft law with no amendment, with 58 senators voting yes. According to reports, the draft bill, which would still need the king’s approval before becoming law, imposed prison time between two to five years and up to $125,000 in fines for certain crimes, or twice the time in prison and penalties if part of a gang or targeting multiple victims. “The draft law stipulates the establishment of…

Google’s Quantum AI team said earlier this week that a future quantum computer could derive a bitcoin private key from a public key in roughly nine minutes. The number ricocheted across social media and spooked markets.But, what does it actually mean in practice?Let’s start with how bitcoin transactions work. When you send bitcoin, your wallet signs the transaction with a private key, a secret number that proves you own the coins. That signature also reveals your public key, a shareable address, which gets broadcast to the network and sits in a waiting area called the mempool until a miner includes…

The Ethereum Foundation (EF), the non-profit organization that steers development of the Ethereum ecosystem, staked over 45,000 Ether (ETH) on Friday, bringing the total amount staked to about 69,500 ETH, less than 500 coins shy of the Foundation’s 70,000 goal.The EF staked the coins in a series of transactions, each consisting of 2,047 ETH, with the total amount staked on Friday valued at over $92.2 million, according to data from Arkham Intelligence.A portion of the ETH transfers from the Ethereum Foundation’s treasury to the Ethereum Beacon Deposit Contract for staking. Source: Arkham IntelligenceThe EF began staking ETH in February as…

Spot Bitcoin exchange-traded funds (ETFs) could surpass gold ETFs in total assets under management (AUM) as investor demand expands beyond the traditional “digital gold” narrative, according to ETF analyst James Seyffart.“There are just more use cases of why somebody would put a Bitcoin ETF in a portfolio,” Seyffart said on the Coin Stories podcast published to YouTube on Friday. He pointed to Bitcoin’s (BTC) role as digital gold, a store of value, a portfolio diversifier, and a form of digital capital and property, adding that the market also views Bitcoin as a “growth risk asset.”Seyffart explained that Bitcoin has “all…

Latin American e-commerce platform Mercado Libre is reportedly phasing out the Mercado Coin that it launched in August 2022, which was aimed at offering cash backs and other perks for users.According to a Reuters report on Tuesday, users must sell or spend their loyalty coin balances through the Mercado Pago app before April 17. If no action is taken, the balances will be converted to Brazilian reals. Cointelegraph reached out to Mercado Libre for comment. Brazil has been the main market for Mercado Coin, which enables users to earn tokens as cash back when buying products on Mercado Libre, considered to…

Afroman has been officially confirmed as a speaker at Bitcoin 2026. Born Joseph Foreman, the Grammy-nominated rapper best known for his 2001 hit “Because I Got High” arrives in Las Vegas this April not just as an artist, but as someone who spent three years in court defending his right to say what happened to him. In August 2022, law enforcement officers from the Adams County, Ohio Sheriff’s Office raided his home on suspicion of drug trafficking and kidnapping. Nothing illegal was found, and no charges were filed. Afroman did what artists do and he made music about it. Using…

Earlier today, the Trump administration said the US could “be done” in Iran within 2-3 weeks. The market-wide volatility fueled by the major developments in the war against Iran continues, as bitcoin just tapped a multi-day peak of almost $69,000 after dropping to $66,000 yesterday. The latest leg up coincided with reports citing information from the White House that US President Donald Trump will drop a major update on the hot topic later today. BREAKING: President Trump will deliver an address to the nation on Wednesday at 9 PM ET to give “an important update on Iran.” — The Kobeissi…

A first-of-its-kind municipal bond backed by bitcoin is moving closer to issuance after receiving a sub-investment-grade rating from Moody’s Investors Service, marking a major step in the convergence of digital assets and traditional public finance. The proposed $100 million issuance, structured by the New Hampshire Business Finance Authority (BFA), earned a Ba2 rating — two notches below investment grade, according to Bloomberg reporting. If completed, the deal would represent the first municipal bond backed by bitcoin collateral, opening a potential new pathway for institutional capital to access the asset class through regulated fixed-income markets. Under the proposed structure, bond payments…

The US commodities regulator’s chief enforcement director sent a cautionary message to prediction market insider traders on Tuesday, vowing that violators will face enforcement action.“We are aware of the speculation about insider trading,” CFTC enforcement director David Miller said at a panel at New York University on Tuesday. “We are watching.”“There’s a myth in mainstream media and social media that insider trading doesn’t apply in the prediction markets … That is wrong.”Miller, a former federal prosecutor who was appointed to the position on March 2, said the Commission will use its prosecutorial discretion and will not dedicate resources to “trivial”…

There’s a hole in Russia’s finances, and it’s becoming too big for the Kremlin to ignore.In September, the government set a budget deficit cap of $46 billion for 2026.The problem? The deficit already stood at 91% by the end of February, Russian media outlet Vyberu wrote, with pundits blaming a 50% drop in oil and gas revenues.Rising oil and gas prices may help alleviate some of the pain. But belts clearly need to be tightened in Moscow. That’s why the Ministry of Finance has made preventing capital from leaking overseas its major priority this year, starting with crypto.“[The Moscow Exchange]…