White House Crypto Council Director Says Operating Without Market Rules Is ‘Fant...
It comes as divisions deepen within the crypto industry over whether to accept imperfect legislation now or risk tougher rules lat...
CFTC Faces Tough Crypto Mandate With Fewer Staff, Inspector General Says
Expanding the CFTC’s authority would require new staff, technical expertise, and data systems as the agency’s workforce continues...
Massachusetts Can Ban Kalshi Sports Markets for Now, Judge Rules
A judge granted a preliminary injunction that could force Kalshi to stop offering sports-related prediction markets in the state a...
Polymarket Banned in Portugal, Hungary as Prediction Market Pushback Grows
Regulatory actions are ramping up globally even as prediction market companies claim they’re not offering gambling services.
Bermuda Plots 'Fully On-Chain National Economy' With Help From Coinbase and Circ...
Bermuda wants to take its entire economy on-chain and will lean on Coinbase and Circle for support in the process.
South Korea Customs Uncovers $102M Crypto Laundering Scheme
Customs officials referred three Chinese nationals to prosecutors over an alleged cross-border crypto laundering scheme.
Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says
Advocates for the incarcerated Samourai Wallet developers have argued that the DOJ liquidated the Bitcoin funds against the presid...
California Fines Crypto Wealth Platform Nexo $500K Over 'Unlicensed' Loans
Nexo faces fresh headwinds as California regulators take action against the digital assets platform for the second time in three y...
Utah Man Gets Three Years for $2.9M Fraud Tied to Crypto Cash Scheme
The sentencing of a Utah man links investor fraud and unlicensed cash-to-crypto activity under the same prosecution.
Democrats Blast SEC Over Crypto Retreat, Justin Sun’s Alleged China Ties
House Democrats have accused the SEC of selectively enforcing laws against crypto firms, while spotlighting Tron founder Justin Su...