Bitcoin is down again since our update yesterday. We are now trading around $63,000, getting close to levels where I start paying attention for longer-term entries. The market still feels shaky though, and honestly, today’s biggest story might be one…
Australia’s High Court has unanimously ruled that the digital asset product offered by Block Earner required an Australian financial services licence, aligning with the Australian Securities and Investments Commission’s (ASIC) stance. The 7-0 decision determined that Block Earner’s fixed-yield product,…
Industry groups representing the U.S. gaming sector are advocating for the inclusion of provisions within upcoming cryptocurrency market structure legislation that would explicitly prohibit sports and casino-style prediction markets. This push, reported by Semafor, highlights a significant regulatory battleground emerging…
I’ll be honest with you — the past week I have been absolutely consumed by World Cup fever. Between the matches, the group stage drama, and yes, maybe a few too many beers with friends, Bitcoin trading has been on…
India’s Directorate of Enforcement Pursues Crypto Fraud Case India’s Directorate of Enforcement (ED) has initiated legal proceedings against eight individuals and entities implicated in an alleged cryptocurrency fraud scheme that targeted users of the Coinbase platform. The operation is reported…
My last few days have been absolutely wild — and honestly, not because of the crypto markets. The FIFA World Cup has taken over my life in the best possible way. I attended the Sweden vs Tunisia match in Monterrey,…
The International Monetary Fund (IMF) has issued a report highlighting that Nigeria’s increasing adoption of stablecoins is presenting significant challenges to its existing monetary and regulatory structures. The report indicates that both households and small businesses in Nigeria are increasingly…
South Korean authorities have apprehended 23 individuals in connection with an alleged cryptocurrency money laundering operation that moved approximately $11.1 million in illicit funds. The suspects are accused of facilitating the laundering of proceeds for a phishing organization based in…
Benchmark Equity Research has identified the U.S. Securities and Exchange Commission’s (SEC) June 11 proposal to eliminate two long-standing market structure regulations as the most significant U.S. crypto-related regulatory development of the year. The firm posits that rescinding Rules 611…
Kraken has officially launched perpetual futures trading for U.S. customers, a significant development following its recent acquisition of Bitnomial, a fully licensed exchange, clearinghouse, and brokerage regulated by the Commodity Futures Trading Commission (CFTC). This move aligns with the CFTC’s…