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Polymarket Banned By Romanian Regulator for Illegal Crypto Betting Following $600 Million Election Wagers
Romania’s gambling regulator has blacklisted Polymarket after nearly $600 million (roughly ₹53,200 crore) in crypto wagers were placed during national elections. Officials said the platform operated as unlicensed gambling. The action mirrors global moves by the US, France, and others to curb crypto-based betting platforms.
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French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
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US Lawmaker Proposes Bill to Ban Elected US Officials From Trading Crypto
US Representative Ro Khanna has announced plans to introduce a bill that would ban the President, members of Congress, and their families from owning, trading, or creating cryptocurrencies. The move aims to prevent conflicts of interest amid growing concerns about political links to the crypto industry, including allegations around Trump’s family...
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UK Ends Four-Year Ban on Crypto ETNs as FCA Expands Retail Access
The UK’s Financial Conduct Authority has lifted its four-year ban on crypto exchange-traded notes (ETNs), enabling retail investors to gain exposure to cryptocurrencies without directly holding them. The move follows years of market development and positions the UK alongside other jurisdictions adopting regulated crypto products. Analysts expect ...
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BCCI Says Crypto, Real Money Gaming Platforms Can’t Bid for Team India’s Title Sponsorship
The BCCI has barred cryptocurrency and real money gaming firms from bidding for the Indian cricket team’s lead sponsorship rights. The decision reflects increasing regulatory scrutiny of crypto promotions in India, with SEBI previously targeting misleading celebrity endorsements. The move marks a significant setback for crypto adoption, cutting o...
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OnlyFans Founder, Crypto Foundation Submit Late-Stage Bid To Buy TikTok
A startup run by Tim Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday.
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Russia's Energy Ministry Mulls Compulsory Registry for Crypto Mining Equipment
Russia’s Ministry of Energy is planning to create a mandatory registry of crypto mining equipment to identify mining businesses. The initiative has been proposed by Yevgeny Grabchak, the Deputy Minister of Energy.
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Thailand Reportedly Plans to Test Cryptocurrency Payment Options for Tourists
Thailand’s Deputy PM and Finance Minister Pichai Chunhavajira said crypto will soon be tested as an alternative payment option to cash for the convenience of the tourists. As per the report by Nation Thailand, this initiative to test crypto payments is to ensure that Thailand does not miss out of business opportunities because of its reluctance t...
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EU’s MiCA Inspires Nigerian Policy Analyst to Urge for Similar Crypto Legislation: Report
Nigerian policy analyst Obinna Uzoije said in a recent interview that the Economic Community of West African States (ECOWAS) to examine the intricacies of MiCA and how the legal framework has systematically and uniformly been deployed across the EU region.
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Bolivia Reverses Bitcoin Ban, Legalises Crypto Transactions for Banks
Bolivia is aiming to balance its economy, which is presently far from being in a state of flourish. While no cryptocurrency is being seen as a legal tender in Bolivia yet, allowing crypto transactions could fetch the nation more in remittances since cross border crypto transactions are instant and almost free.
-
RBI Releases Financial Stability Report With Mention of DeFi, US Efforts to Regulate Crypto Sector
The crypto sector was briefly mentioned in RBI’s recently released Financial Stability Report. Talking in particular about DeFi, the report said that global regulatory bodies like the Financial Action Task Force and the International Organisation of Securities Commissions (IOSCO) are constantly examining developments around DeFi.
-
Crypto Mining Banned in Venezuela, Thousands of Machines Seized
The government of Venezuela has joined forces with the national electrical system to identify and disconnect crypto mining farms from the power grid in the course of the coming few days. The Venezuelan Ministry of Electrical Energy (MPPPE) has already kick started a power supply control plan to bust crypto mining clusters.
-
Thailand Takes Decision to Ban Unlicenced Crypto Exchanges to Prevent Online Crime
This week, the Securities and Exchange Commission of Thailand released a public order that said that it was coordinating with the Thai government to block unauthorised providers of digital assets services.
-
Binance Plans to Get India Ban Revoked, Working on Compliance Mandates: Report
Binance is looking to re-enter the Indian market, but this time as an entity registered by the Financial Intelligence Unit (FIU). The exchange is also reportedly gearing up to pay $2 million (roughly Rs. 16.7 crore) to the Indian government in penalties.
-
China Launches Public Blockchain Platform Despite Unfriendly Crypto Stance
Chaina aims to equip cross-border transactions related to its Belt and Road Initiative (BRI) with blockchain capabilities. To do so, the Chinese government has launched the ‘Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative’ in a fresh development.
-
Polymarket Banned By Romanian Regulator for Illegal Crypto Betting Following $600 Million Election Wagers
Romania’s gambling regulator has blacklisted Polymarket after nearly $600 million (roughly ₹53,200 crore) in crypto wagers were placed during national elections. Officials said the platform operated as unlicensed gambling. The action mirrors global moves by the US, France, and others to curb crypto-based betting platforms.
-
French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
-
US Lawmaker Proposes Bill to Ban Elected US Officials From Trading Crypto
US Representative Ro Khanna has announced plans to introduce a bill that would ban the President, members of Congress, and their families from owning, trading, or creating cryptocurrencies. The move aims to prevent conflicts of interest amid growing concerns about political links to the crypto industry, including allegations around Trump’s family...
-
UK Ends Four-Year Ban on Crypto ETNs as FCA Expands Retail Access
The UK’s Financial Conduct Authority has lifted its four-year ban on crypto exchange-traded notes (ETNs), enabling retail investors to gain exposure to cryptocurrencies without directly holding them. The move follows years of market development and positions the UK alongside other jurisdictions adopting regulated crypto products. Analysts expect ...
-
BCCI Says Crypto, Real Money Gaming Platforms Can’t Bid for Team India’s Title Sponsorship
The BCCI has barred cryptocurrency and real money gaming firms from bidding for the Indian cricket team’s lead sponsorship rights. The decision reflects increasing regulatory scrutiny of crypto promotions in India, with SEBI previously targeting misleading celebrity endorsements. The move marks a significant setback for crypto adoption, cutting o...
-
OnlyFans Founder, Crypto Foundation Submit Late-Stage Bid To Buy TikTok
A startup run by Tim Stokely, founder of adult content social media site OnlyFans, has partnered with a cryptocurrency foundation to submit a late-stage plan to acquire short video app TikTok from Chinese owner ByteDance, the two said on Wednesday.
-
Russia's Energy Ministry Mulls Compulsory Registry for Crypto Mining Equipment
Russia’s Ministry of Energy is planning to create a mandatory registry of crypto mining equipment to identify mining businesses. The initiative has been proposed by Yevgeny Grabchak, the Deputy Minister of Energy.
-
Thailand Reportedly Plans to Test Cryptocurrency Payment Options for Tourists
Thailand’s Deputy PM and Finance Minister Pichai Chunhavajira said crypto will soon be tested as an alternative payment option to cash for the convenience of the tourists. As per the report by Nation Thailand, this initiative to test crypto payments is to ensure that Thailand does not miss out of business opportunities because of its reluctance t...
-
EU’s MiCA Inspires Nigerian Policy Analyst to Urge for Similar Crypto Legislation: Report
Nigerian policy analyst Obinna Uzoije said in a recent interview that the Economic Community of West African States (ECOWAS) to examine the intricacies of MiCA and how the legal framework has systematically and uniformly been deployed across the EU region.
-
Bolivia Reverses Bitcoin Ban, Legalises Crypto Transactions for Banks
Bolivia is aiming to balance its economy, which is presently far from being in a state of flourish. While no cryptocurrency is being seen as a legal tender in Bolivia yet, allowing crypto transactions could fetch the nation more in remittances since cross border crypto transactions are instant and almost free.
-
RBI Releases Financial Stability Report With Mention of DeFi, US Efforts to Regulate Crypto Sector
The crypto sector was briefly mentioned in RBI’s recently released Financial Stability Report. Talking in particular about DeFi, the report said that global regulatory bodies like the Financial Action Task Force and the International Organisation of Securities Commissions (IOSCO) are constantly examining developments around DeFi.
-
Crypto Mining Banned in Venezuela, Thousands of Machines Seized
The government of Venezuela has joined forces with the national electrical system to identify and disconnect crypto mining farms from the power grid in the course of the coming few days. The Venezuelan Ministry of Electrical Energy (MPPPE) has already kick started a power supply control plan to bust crypto mining clusters.
-
Thailand Takes Decision to Ban Unlicenced Crypto Exchanges to Prevent Online Crime
This week, the Securities and Exchange Commission of Thailand released a public order that said that it was coordinating with the Thai government to block unauthorised providers of digital assets services.
-
Binance Plans to Get India Ban Revoked, Working on Compliance Mandates: Report
Binance is looking to re-enter the Indian market, but this time as an entity registered by the Financial Intelligence Unit (FIU). The exchange is also reportedly gearing up to pay $2 million (roughly Rs. 16.7 crore) to the Indian government in penalties.
-
China Launches Public Blockchain Platform Despite Unfriendly Crypto Stance
Chaina aims to equip cross-border transactions related to its Belt and Road Initiative (BRI) with blockchain capabilities. To do so, the Chinese government has launched the ‘Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative’ in a fresh development.
