SEC wins $5.4M judgment in NanoBit crypto fraud case
The SEC alleged that NanoBit’s crypto trading platform was fake and that hundreds of thousands of dollars in investor funds were misappropriated.…
Singapore's Hyperliquid warning, Indonesia's FinFluencer licence: Asia Express
Hyperliquid follows Bybit onto Singapore's "naughty" list, Indonesia's new scheme to certify social media influencers promoting crypto: Asia Express.…
UK sets final crypto rules as firms face 2027 FCA authorization deadline
The UK’s financial regulator has published its crypto regulatory framework, setting the authorization deadline for cryptocurrency firms for February 2027.…
Senate leaders push for July passage of CLARITY Act
Lawmakers in the US Senate are on state work periods until July 13, giving them only four weeks to address a cryptocurrency market structure bill before…
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path…
Coinbase, Kraken and OKX move to swoop up EU users affected by MiCA restrictions
Several exchanges that have already been authorized by EU regulators are attempting to bring in users from companies unlicensed under the Markets in…
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. Source:CoinDesk
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, cofounder and CEO of Pharos, said. Source:CoinDesk
White House to speak with law enforcement groups to push Crypto's Clarity Act
Officials from the White House are said to be sitting down with law enforcement representatives who have objected to illicitfinance portions of the bill.…
MiCA's looming deadline could leave 10 million crypto users without a platform in the EU
As MiCA takes full effect on July 1, SwissBorg's Alex Fazel told CoinDesk users should choose platforms built to withstand EU regulators' tightening oversight.…
Ukraine transfers $8.3 million in seized crypto amid potential plans for strategic reserve
The funds were seized during an investigation into an international hacker group accused of laundering proceeds from data theft through highvalue property.…
From Bitcoin critics to blockchain believers: The 5 biggest crypto backflips
If you can't beat 'em, join 'em. Here are five crypto skeptics who have reluctantly embraced the opportunity of making loads of money with blockchain.…