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Shanghai court sentences five to prison over $29 million crypto forex scheme
In July 2024, Chinese authorities discovered unusual transactions tied to a company that facilitated illegal overseas…
Live markets: U.S. spot bitcoin ETFs had their worst month ever in June, shedding $4.5 billion
The record outflow beat the previous worst month by 29% and came on nine consecutive days of redemptions to close the…
Anthropic restores AI models Fable, Mythos after the U.S. lifts export controls
The government cleared Fable 5 and Mythos 5 on June 30, weeks after a cybersecurity finding triggered an export order…
Taiwan’s sweeping crypto law raises the bar with licensing, reserve mandates, and tough penalties
Taiwan has passed a sweeping new law to regulate its crypto sector, sending the bill to the President for final appro…
Taiwan passes key crypto law, clearing legal uncertainty for digital asset sector
The law requires crypto platforms to obtain licenses from the Financial Supervisory Commission before operating.
Million-dollar homes, luxury bags and Lamborghinis: Florida man pleads guilty in crypto fraud scheme
A man pleaded guilty to fraud charges after prosecutors said he tricked people into the promise of making returns in …
U.S. senators seek to block foreign adversaries from AI technology in new bill
Senators Tim Scott and Bill Hagerty, who managed to push the crypto GENIUS Act into law, introduced the bill to give …
Trump pocketed more than $1 billion from crypto ties as industry headed toward slump
The president has capitalized massively on crypto, according to his 2025 financial disclosure, making it one of his m…
President Trump’s financial disclosures show hundreds of millions in crypto-related income
Trump disclosed over $65 million from equity sales and $236 million in World Liberty token proceeds.
SEC giving novel ETFs a rethink as it opens comment period on overhauling U.S. rules
Managers of exchange-traded funds, including those in the crypto sector, may see some changes at the Securities and E…
SEC opens ETF rule review following crypto fund surge, prediction markets push
The SEC is taking a fresh look at how a proposed fast-growing new class of ETFs tied to prediction markets should be …
Chinese exile once linked to Trump strategist gets 30-year sentence in $1 billion fraud
The businessman known as Miles Guo, who pushed the fraudulent H-Coin project and had close ties to Steve Bannon, was …
OKX AI unveils marketplace for agents to find work and get paid in stablecoins
“Think Upwork for Agents with our fintech infrastructure and 150M scale in the background," an OKX rep said.
Jefferies warns of crypto market volatility as Clarity Act faces Senate test
The bank said the bill faces major hurdles, with passage boosting institutional crypto adoption and delays prolonging…
MetaMask unveils all-in-one Money Account offerings users up to 4% APY on mUSD holdings
Consensys tapped Monad as Money Account's “home chain," and will initially use Morpho vaults to generate yield.
MetaMask launches Money Account with stablecoin yield and spending in one wallet
The launch reflects a broader push to make stablecoins more useful beyond trading and transfers.
Hollywood director Carl Rinsch sentenced to 30 months for diverting $11 million in TV production funds to stock options, crypto and luxury purchases
"47 Ronin" director Carl Rinsch got 30 months in prison for stealing $11M meant for a Netflix show, spent on crypto a…
Will UK traders lose crypto exchange access after MiCA’s July 1 deadline?
The EU deadline is not a direct UK cutoff, but account entity and platform notices still matter. The post Will UK tra…
UK to lower stablecoin capital buffers, undercutting EU's MiCA requirements
The Financial Conduct Authority's proposal follows the Bank of England's backtracking on the limit to the value of st…
SEC wins $5.5 million default judgment over alleged fake crypto platform NanoBit
The group built trust via WhatsApp, then misappropriated user funds to Hong Kong bank accounts instead of executing a…
Kalshi hit with 14-day restraining order in Michigan, blocking sports prediction markets in state
Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.
Live updates: BlackRock's IBIT sheds $300 million as bitcoin demand dwindles
IBIT alone shed $300 million while smaller funds absorbed some of the outflow. The selloff lands as the same AI trade…
Dubai set for crypto firm influx as MiCA deadline pushes companies to reassess Europe
Dubai lawyer Irina Heaver says European founders are flocking to the UAE for faster licensing, a dedicated crypto reg…
Self-exiled Chinese billionaire sentenced to 30 years for fraud involving crypto
Guo was arrested in 2023 for orchestrating a more than $1 billion fraud conspiracy involving cryptocurrency.
UK sets capital, market abuse rules in landmark crypto framework
The FCA finalized UK crypto rules covering capital, stablecoins and market abuse ahead of Oct. 2027 implementation.
TD Cowen says crypto market structure bill passage ‘far from assured’ before midterm election
The passage of the crypto market structure bill, or Clarity Act, before the November midterm election is "far from as…
SEC wraps up NanoBit crypto fraud case in final judgment, ordering over $5 million in fines
The SEC resolved its case against NanoBit after alleging the crypto platform lied to investors and stole their money.
JPMorgan execs draw comparison between yield stablecoins and ‘shadow banking’
JPMorgan execs argued that stablecoin innovation can easily drift into “shadow banking” if yield payments are per…
JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework
The bank says Congress should pair regulatory clarity with safeguards as Senate negotiates the Clarity Act.
Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.
The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, co-founder and CE…