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The collaboration comes as US state regulators and the CFTC battle over oversight of event-based contracts. Prediction market Kalshi has partnered with compliance software provider StarCompliance to launch a monitoring platform designed to help financial companies oversee employee activity on prediction markets, as the sector faces increased scrutiny over insider trading and the use of non-public...
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The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds. Two US lawmakers on opposite sides of the political aisle are backing a resolution that “under no circumstances should Samuel [SBF] Bankman-Fried receive executive clemency, including a pardon or commutation.”...
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Crypto exchange Bybit has been added to Singapore’s MAS Investor Alert List, which flags entities that may be mistakenly perceived as licensed or regulated. Crypto exchange Bybit has been added to the Monetary Authority of Singapore’s (MAS) Investor Alert List, a registry designed to warn consumers about entities that may be wrongly perceived as licensed...
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The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting blockchain payments with traditional banking systems. Stablecoin settlement infrastructure company Trace Finance has raised $32 million in a Series A funding round led by CoinFund. Coinbase Ventures, Jump Capital and Paxos were among the investors that participated in the round,...
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Bitcoin circled $65,000 after downside BTC price pressure into the FOMC meeting as analysis warned over the impact of Strategy potentially selling more BTC in the future. Bitcoin (BTC) bounced off week-to-date lows into Wednesday’s Wall Street open as corporate sell pressure returned to the radar. Key points: Bitcoin sees a new low for the...
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Users reported losing access to Ready’s USDC card outside the EEA after a card provider change triggered rapid deactivation notices. Ready, a self-custodial crypto wallet and payments company, has reportedly restricted card access for users outside the European Economic Area, according to multiple user reports. Ready has restricted USDC card functionality for users outside the...
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CoinMENA will use Standard Chartered to strengthen fiat payment rails in the UAE, while Revolut reportedly secured central bank licenses ahead of a planned local launch. Crypto exchange CoinMENA has entered a banking agreement with Standard Chartered to strengthen fiat payment infrastructure for customers in the United Arab Emirates. Under the agreement, CoinMENA will use...
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Inveniam announced plans to acquire Mantra, a blockchain project that spent the past year recovering from the collapse of its OM token and prolonged market pressure. Data infrastructure company Inveniam Capital Partners announced plans to acquire layer-1 blockchain Mantra and its affiliated entities, deepening its push into tokenized real-world assets (RWAs). The transaction follows a...
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The Polymarket insider trading case and a retrial of Tornado Cash co-founder Roman Storm are expected to move forward in late 2026 while former Celsius CEO Alex Mashinsky awaits a response to his motion to vacate his sentence. US prosecutors propose late 2026 retrial for Tornado Cash co-founder Federal prosecutors on Monday submitted a proposed...
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A senior PBOC official called for closer monitoring, stronger regulation and international coordination as stablecoins gain importance in global payments. China’s central bank is paying closer attention to stablecoins as privately issued digital currencies take on a potentially larger role in the international monetary system and cross-border payments. Wang Xin, director general of the Research...
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