China has expanded its digital yuan network again, adding eight banks and lifting the number of e-CNY operating institutions to 30. Xinhua reported that the People’s Bank of China approved the new lenders, which will connect to the central bank’s…
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South Korea Blocks Polymarket Access Over Gambling Rules
South Korea has ordered Polymarket access to be blocked, adding the country to a list of more than 30 jurisdictions that restrict the prediction market platform. The Korea Media and Communications Standards Commission approved the move after concluding that Polymarket…
SafePal breach exposes wallet buyers to privacy risks
The SafePal breach has renewed concerns around the privacy risks tied to buying hardware and self-custody wallets. SafePal said attackers gained unauthorized access to customer information through a flaw in an order-tracking plug-in, affecting about 39,798 people who placed orders…
Binance User Data Aided Russian Donor Prosecution Case
A Reuters report said Binance user data was provided to Russian authorities and later used in a criminal case against Russian IT specialist Yuri Belenkiy. According to the report, the exchange linked him to transfers worth more than $700 and…
Austria Issues Bitpanda Fine Under MiCA Rules in First Case
Austria’s Financial Market Authority has imposed a €70,000 ($81,150) penalty on Bitpanda GmbH in what the regulator described as its first penalty under the European Union’s Markets in Crypto-Assets framework. The Bitpanda fine relates to how a cryptocurrency white paper…
MiCA Scams Rise as EU Crypto Rules Take Full Effect
MiCA scams are drawing closer scrutiny across the European Union after the Markets in Crypto-Assets framework took full effect on July 1. The change forced more than 1,700 unlicensed crypto platforms to stop serving EU customers and point them toward…
Leumi crypto trading could launch in Israel in early 2027
Bank Leumi and Galaxy Digital said on August 14 that they aim to launch a digital asset service in early 2027 that they describe as Israel’s first bank-offered crypto trading platform. The Leumi crypto trading plan would give about 2.5…
Will CLARITY Act talks shift after Trump White House?
The CLARITY Act remains central to Washington’s unfinished effort to create a federal framework for digital assets as President Donald Trump is reportedly set to attend a White House meeting on August 19. The gathering is expected to include executives…
How will the Moscow mining ban reshape Russia through 2032?
Russia has imposed a new Moscow mining ban covering the capital, the surrounding Moscow Region, and parts of Kursk, with restrictions set to remain in place through Dec. 31, 2032. The measure was established under government decree No. 936, signed…
World Liberty moves ahead after conditional OCC approval
World Liberty moved a step closer to becoming a federally chartered trust bank after the Office of the Comptroller of the Currency granted conditional approval to World Liberty Trust Co. The regulator said the company may conduct fiduciary and other…