1,700 UK Investors Sue Binance Over Derivatives Offerings
Almost 1,700 UK investors are reportedly suing Binance and its founder Changpeng Zhao for 150 million British pounds ($200 million),...
Business
UK Sets Final Crypto Rules as Firms Face 2027 FCA Authorization Deadline
The UK's Financial Conduct Authority (FCA) has published its landmark crypto regulatory framework, marking the completion of its crypto roadmap...
Stablecoins and Public Ledgers Flawed, Report Says
The Bank for International Settlements (BIS) warned that the rapid expansion of stablecoins risks fragmenting the global monetary system and...
EU Lawmakers Back Review of DeFi, Staking and NFT Regulation
The European Parliament's economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible...
Sharplink Buys ETH for First Time in 8 Months
Ether treasury company Sharplink has bought Ether for the first time in eight months as the token sank to its...
BitGo Lays off 15% of Staff in Stablecoin, AI Focus
Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus...
FTX Exec’s wife Scheduled for November Trial on Campaign Finance Charges
Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame, who is serving a 7.5-year prison sentence after...
What Andy Burnham Means for Crypto in the UK
Amid waning poll numbers and pressure from inside the Labour Party, Prime Minister Keir Starmer has stepped down. During Starmer’s tenure,...
New York, Maryland and Utah to Hold Primaries with Crypto PAC Money Hanging over Voters
Political action committees (PACs) backed by cryptocurrency companies and aligned interest groups have bet more than $8 million to support...
Crypto Industry Looks to Stablecoin and DeFi Revisions in MiCA 2.0
In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment...
WhiteBIT Gains MiCA Approval in Austria, Expands Access Across Europe
Crypto exchange WhiteBIT has obtained authorization under the European Union's Markets in Crypto-Assets Regulation (MiCA) from Austria's Financial Market Authority,...
Blockchain Capital Boosts Crypto Bet With $700M Fundraise
Crypto-focused venture capital firm Blockchain Capital is in the process of raising another $700 million for two new funds, according...
Western Union Prepares USDPT Stablecoin for May Launch
Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto...
Robinhood Cuts Workforce as Tenev Says Business Is Stronger Than Ever
Stock and crypto trading platform Robinhood is cutting 10% of its workforce as it restructures its organization, a move the...
Strategy Adds 1,587 Bitcoin Through MSTR Stock Sales
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added to its cryptocurrency reserves last week as BTC continued to...
Tokenized Stocks to Win Big on SEC Rule Rescission
The US Securities and Exchange Commission proposal to rescind rules around order protections and price quotes could remove a major...
Kucoin Has Not Paid $2M Award Tied to Delisted Token Dispute, Investor Says
A Swiss investor said KuCoin has yet to pay a Seychelles Supreme Court award of more than $2 million after...
Polish President Vetoes Crypto Bill for Third Time ahead of MiCA Deadline
Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe's Markets in...
Hungary to Reverse Crypto Trading Rules That Carried Prison Terms
Hungary is set to decriminalize crypto trading, reversing restrictions that imposed potential jail terms for certain crypto-to-fiat and crypto-to-crypto transactions,...
CFTC Proposes Prediction Market Rules Favoring Sports Contracts
The US Commodity Futures Trading Commission (CFTC) has proposed new rules for prediction markets, signaling that sports event contracts are...
Solana Institute urges CLARITY Act developer protections
Solana Institute CEO Kristin Smith is urging the US Senate to pass the CLARITY crypto market structure bill with developer...
South Korea Police Reportedly Raid Bithumb in Lawmaker Hiring Influence Probe
South Korean police have reportedly raided Bithumb as part of an investigation into alleged nepotism involving independent lawmaker Kim Byung-gi.Kim...
