Australian crypto exchange Swyftx secured a license from the country’s market regulator, Australian Financial Services License (AFSL), the firm said on Wednesday. With this development, Swyftx has become the latest platform to join Coinbase, BTC Markets and Crypto.com in securing…
In yet another layoff in the digital asset space, leading crypto gaming company Yield Guild Games (YGG) said on Monday that it would lay off 35 staff as it has shut down its crypto game publisher YGG Play. According to…
A leading crypto trade group has stepped into a New York court battle over tens of thousands of inactive Bitcoin addresses, warning that a ruling in the plaintiffs’ favor could cast doubt over the ownership of self-custody wallets far beyond…
Europe’s top financial markets regulator has fired a warning shot at the prediction market industry, telling firms that rebranding a product as an “event contract” does not automatically place it outside the reach of existing EU financial regulation. In a…
Bank of Russia Governor Elvira Nabiullina declared on Thursday that the country’s central bank digital currency (CBDC) – digital ruble – is prepared for widespread adoption, two months before a September 1 deadline. Speaking in St Petersburg, Nabiullina said “everything…
In a major development, Ireland’s Criminal Assets Bureau (CAB) has pulled another 500 Bitcoin worth roughly 27 million euros out of a cache of wallets linked to a convicted drug trafficker, pushing the agency’s total haul in the case past…
A 19-year-old suspected member of the Scattered Spider hacking group has been extradited to the United States over his alleged role in an $8 million crypto ransom demand targeting a luxury jewelry retailer. The US Department of Justice (DOJ) confirmed…
Prediction market platform Kalshi is facing legal pressure on two fronts, with a Michigan judge issuing a temporary restraining order blocking the company from offering sports-related event contracts in the state while a separate Massachusetts case grows more expansive. The…
Binance and its founder Changpeng Zhao are facing a lawsuit in the United Kingdom seeking close to Euro 150 million, roughly $200 million, from investors who say the exchange gave retail customers access to complex leveraged trading products without regulatory…
The Southeast Asian country Taiwan took its most significant step yet toward formal crypto regulation on June 30, when the Legislative Yuan cleared the Virtual Asset Service Act in its third reading and forwarded it to President Lai Ching-te for…
