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Former US CFTC Chair Chris Giancarlo Departs Willkie, Plans to Advise Cryptocurrency Firms
Former CFTC Chair Chris Giancarlo is stepping away from his legal role to focus on advising cryptocurrency firms and contributing to policy discussions. His move comes amid growing regulatory focus on crypto in the US, highlighting the increasing overlap between traditional finance leadership and the digital asset industry.
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US Musician Loses Bitcoin Funds Due to Fake Ledger App
American musician G.Love lost $420,000 in Bitcoin after installing a fake Ledger Live app. The scam highlights growing risks from malicious apps and phishing attacks in the crypto ecosystem. Experts warn users to verify sources and safeguard seed phrases as crypto-related fraud continues to rise.
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UK NCA-Led Operation Atlantic Freezes $12 Million Funds Tied to Approval Phishing Scams
Operation Atlantic, involving agencies from the UK, US, and Canada, has frozen $12 million linked to crypto phishing scams. The initiative identified over 20,000 victims and highlighted the growing threat of approval phishing attacks. Authorities are increasing international cooperation to tackle organised digital asset fraud.
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Iran To Charge $1 Per Barrel From Oil Tankers Passing Hormuz: Report
Regional officials said yuan collections have already begun in some cases, worrying Gulf producers who fear a shift in oil trade influence.
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FDIC Proposes to Regulate Stablecoin Issuers in the US Under the GENIUS Enactment
The FDIC has proposed new rules under the GENIUS Act to regulate stablecoin issuers in the US. The framework mandates full asset backing, audits, and stricter compliance standards. The move aims to improve trust and stability in the sector as institutions increasingly explore crypto-linked financial products.
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CFTC-FTX Settlement: Former FTX Executive Nishad Singh to Pay $3.7 Million, Faces Trading Ban
Former FTX engineering chief Nishad Singh has been fined $3.7 million and handed trading and registration bans by the US CFTC. The settlement relates to his role in the exchange’s collapse and misuse of customer funds. Regulators cited his cooperation in the investigation while highlighting the broader push to strengthen oversight and accountabil...
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How Cryptocurrencies Are Aiding Iran Amid War With US-Israel
More than $10 million worth of cryptocurrencies left Iranian exchange platforms since first day of Israeli-US airstrikes on Iran.
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MLB Inks Deal With Polymarket, US CFTC to Build Prediction Market Framework
MLB has partnered with Polymarket as its exclusive prediction market exchange partner and signed an agreement with the CFTC to build an integrity framework. The move aims to bring regulated, event-based prediction markets to baseball. While it could enhance fan engagement and legitimacy, concerns remain over whether such platforms blur the line bet...
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Circle Urges UK to Blend MiCA Clarity With US Stablecoin Rules
Circle has urged UK lawmakers to develop a crypto framework by combining elements from the EU’s MiCA regulation and US stablecoin rules. The proposal aims to balance clarity, innovation, and consumer protection as the UK shapes its approach to digital assets. The move comes amid increasing global competition in crypto regulation and could influen...
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US SEC Defines Crypto Securities, Signals Clarity for US Traders and Institutions
The US SEC has introduced its first formal framework to determine when crypto assets qualify as securities. The guidance evaluates tokens based on their function and use, rather than labels, and suggests that many digital assets may not fall under securities laws. The move is expected to provide greater clarity for traders, exchanges, and instituti...
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Former US CFTC Chair Chris Giancarlo Departs Willkie, Plans to Advise Cryptocurrency Firms
Former CFTC Chair Chris Giancarlo is stepping away from his legal role to focus on advising cryptocurrency firms and contributing to policy discussions. His move comes amid growing regulatory focus on crypto in the US, highlighting the increasing overlap between traditional finance leadership and the digital asset industry.
-
US Musician Loses Bitcoin Funds Due to Fake Ledger App
American musician G.Love lost $420,000 in Bitcoin after installing a fake Ledger Live app. The scam highlights growing risks from malicious apps and phishing attacks in the crypto ecosystem. Experts warn users to verify sources and safeguard seed phrases as crypto-related fraud continues to rise.
-
UK NCA-Led Operation Atlantic Freezes $12 Million Funds Tied to Approval Phishing Scams
Operation Atlantic, involving agencies from the UK, US, and Canada, has frozen $12 million linked to crypto phishing scams. The initiative identified over 20,000 victims and highlighted the growing threat of approval phishing attacks. Authorities are increasing international cooperation to tackle organised digital asset fraud.
-
Iran To Charge $1 Per Barrel From Oil Tankers Passing Hormuz: Report
Regional officials said yuan collections have already begun in some cases, worrying Gulf producers who fear a shift in oil trade influence.
-
FDIC Proposes to Regulate Stablecoin Issuers in the US Under the GENIUS Enactment
The FDIC has proposed new rules under the GENIUS Act to regulate stablecoin issuers in the US. The framework mandates full asset backing, audits, and stricter compliance standards. The move aims to improve trust and stability in the sector as institutions increasingly explore crypto-linked financial products.
-
CFTC-FTX Settlement: Former FTX Executive Nishad Singh to Pay $3.7 Million, Faces Trading Ban
Former FTX engineering chief Nishad Singh has been fined $3.7 million and handed trading and registration bans by the US CFTC. The settlement relates to his role in the exchange’s collapse and misuse of customer funds. Regulators cited his cooperation in the investigation while highlighting the broader push to strengthen oversight and accountabil...
-
How Cryptocurrencies Are Aiding Iran Amid War With US-Israel
More than $10 million worth of cryptocurrencies left Iranian exchange platforms since first day of Israeli-US airstrikes on Iran.
-
MLB Inks Deal With Polymarket, US CFTC to Build Prediction Market Framework
MLB has partnered with Polymarket as its exclusive prediction market exchange partner and signed an agreement with the CFTC to build an integrity framework. The move aims to bring regulated, event-based prediction markets to baseball. While it could enhance fan engagement and legitimacy, concerns remain over whether such platforms blur the line bet...
-
Circle Urges UK to Blend MiCA Clarity With US Stablecoin Rules
Circle has urged UK lawmakers to develop a crypto framework by combining elements from the EU’s MiCA regulation and US stablecoin rules. The proposal aims to balance clarity, innovation, and consumer protection as the UK shapes its approach to digital assets. The move comes amid increasing global competition in crypto regulation and could influen...
-
US SEC Defines Crypto Securities, Signals Clarity for US Traders and Institutions
The US SEC has introduced its first formal framework to determine when crypto assets qualify as securities. The guidance evaluates tokens based on their function and use, rather than labels, and suggests that many digital assets may not fall under securities laws. The move is expected to provide greater clarity for traders, exchanges, and instituti...
