A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency company Gemini. In a Wednesday motion filed in the US District […]
Key Takeaways The CFTC said the Gemini enforcement case would not meet current filing standards.The agency cited disputed evidence, whistleblower credibility concerns, and litigation conduct issues during review.Federal agencies are increasingly coordinating crypto oversight while […]
AI Financial Corp., a World Liberty Financial token treasury company, said its working capital deficit and liabilities are casting significant doubt on its ability to continue over the next year. The company, which has World […]
US President Donald Trump has backed the Commodity Futures Trading Commission as having the “exclusive authority” over prediction markets, as state regulators’ action against the platforms mounts. “It is critically important that the CFTC’s exclusive […]
Key Takeaways Indonesia’s Ministry of Communication and Digital Affairs blocked Polymarket on May 22, 2026, citing online gambling laws.The ban followed a Polymarket market on President Prabowo Subianto leaving office before his 2029 term ends.Indonesian […]
Galaxy Digital founder Mike Novogratz appeared in court on Tuesday to face off against BitGo CEO Mike Belshe in a long-running legal fight over a failed proposed $1.2 billion merger in 2021. The planned deal […]
Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash interest rates, despite the “consensus” view that he will raise interest rates, according to author, […]
Key Takeaways Ghana passed the VASP Act of 2025 to regulate its fast-growing virtual asset and cryptocurrency sector.Over 3 million Ghanaians now use crypto, boosting fintech but posing fraud risks to the financial system.The Securities […]
At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding. Crypto trading card platform Fantasy.top, cross-blockchain infrastructure company […]
Missouri is suing the company behind cryptocurrency ATM operator CoinFlip for “knowingly facilitating fraudulent transactions and profiting from them,” in the latest move by a US state authority targeting digital currency kiosks and ATMs. In […]
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