Canada’s financial intelligence unit has revoked the registrations of 50 money services businesses (MSBs) so far this year, with 47 related to crypto, and the minister of finance says it will continue cracking down. Canada’s […]
US Senator Tim Scott says he is expecting a possible compromise this week on a stablecoin yield payments provision that has stalled a crypto market structure bill in the Senate. “I believe that this week […]
GSR has acquired Autonomous and Architech in a $57 million deal, according to a company announcement, as the crypto trading firm expands its push to become a full-stack capital markets provider for tokenized organizations. The […]
Texas-based apparel company Beba and crypto lobby group DeFi Education Fund have withdrawn a 2024 lawsuit against the US Securities and Exchange Commission (SEC) over its approach to airdrops, citing a recent shift in the […]
Australia’s financial regulator has urged young investors not to rely on social media influencers and artificial intelligence chatbots to make financial decisions, according to a study that also found that one in four “Gen Zs” […]
Opinion by: Ana Carolina Oliveira, chief compliance officer at Venga Crypto doesn’t have a money laundering problem on its own. At least, not when compared to traditional finance, where the practice is at least twice […]
Elon Musk has forced out additional xAI co-founders and employees as the startup reorganizes after being acquired by his aerospace company, SpaceX, ahead of a potential initial public offering. xAI has been undergoing internal restructuring […]
The Bank of England’s (BOE) position on stablecoins is evolving to a more friendly stance, but according to the bank’s deputy governor, constructive dialogue with the industry is still lacking. The UK’s central bank launched […]
The US Treasury has sanctioned six people and two entities for their alleged roles in an IT worker fraud scheme orchestrated by North Korea, which frequently targets the crypto industry. The Office of Foreign Assets Control […]
Prediction market Kalshi has sued regulators in the US state of Iowa, claiming it did so as there was a risk of an impending enforcement action over its sports event contracts. Kalshi sued Iowa Attorney […]
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