Category: decrypt.co

Vietnam Passes Landmark Law Defining Digital Assets, Boosting AI and Chip Sectors The new law ends regulatory limbo for crypto while establishing massive incentives for semiconductors, AI, and digital startups. Vismaya V Go to decrypt.co

Digital Finance Reform Could Add Billions to Australia’s Economy, New Research Shows Australia could unlock billions annually through digital finance innovation and tokenization, but key hurdles remain. Vince Dioquino Go to decrypt.co

Russia Paying Teenage and Untrained Spies Using Bitcoin: Report Russia’s intelligence agencies are “constantly financing” agents using cryptocurrency, blockchain investigators told Decrypt. Simon Chandler Go to decrypt.co

How Will the Israel-Iran Conflict End? Here’s What AI Models Predict We asked seven leading AI models to analyze the most plausible scenario for how the conflict between Israel and Iran will play out. Jose Antonio Lanz Go to decrypt.co

Solana ETF Applicants Submit Updated SEC Filings With Staking Prospective Solana ETF issuers in the United States submitted updated SEC filings Friday, suggesting approvals may be near. Liz Napolitano Go to decrypt.co

Elizabeth Warren, Consumer Groups Slam Walmart and Amazon Stablecoin Plans Retailers Amazon and Walmart are considering issuing their own stablecoins, according to a Friday report in the Wall Street Journal. Sander Lutz Go to decrypt.co

Thai Police Arrest Chinese Suspect in $6.1 Million Bitcoin Fraud Case Two Chinese victims lost their Bitcoin after a business meeting in Mae Sai district, transferring funds in two separate transactions. Vismaya V Go to decrypt.co

Former NBA Star Shaquille O’Neal Agrees to Pay $1.8M to Settle FTX Suit The agreement marks one of the first major financial settlements against celebrities who promoted FTX before its spectacular collapse. Callan Quinn Go to decrypt.co

Ripple, SEC Ask Court to Dissolve XRP Injunction, Release $125M in Escrow The joint filing proposes a $50 million payment to the SEC and marks a key step toward settling the years-long legal battle over XRP sales. Callan Quinn Go to decrypt.co

Australian Woman Hit With Ten-Year Ban Over $9.6 Million Crypto Scheme ASIC has banned Glenda Rogan for misleading conduct after she allegedly transfered client funds into blacklisted crypto platform. Vismaya V Go to decrypt.co

US Senators Probe Stablecoin Plans by Facebook Parent Meta Senators Warren and Blumenthal are demanding answers from Meta over renewed stablecoin plans, warning of risks to competition and privacy. Vismaya V Go to decrypt.co

Philippines Enacts Sweeping Crypto Rules, Mandates Licensing and Capital Requirements The new SEC framework imposes minimum capital, local incorporation, and strict data rules on crypto firms operating in the Philippines. Vince Dioquino Go to decrypt.co

Elite Footballers Named in $3.4 Million Crypto Fraud Case A Barcelona court has launched a criminal probe into crypto firm Shirtum after star footballers allegedly promoted a failed NFT scheme. Vismaya V Go to decrypt.co

CLARITY Act Clears Two House Committees, Heads to House Floor for Vote Two House committees have advanced the CLARITY Act, setting the stage for a floor vote that could shift primary crypto oversight. Callan Quinn Go to decrypt.co

Bank of Korea Governor to Meet Bank Chiefs as Stablecoin Debate Heats Up The upcoming meeting signals a shift in South Korea’s approach to won-backed stablecoins as the new president eyes a regulatory overhaul. Callan Quinn Go to decrypt.co

DOJ Seeks $7.7 Million Forfeiture in Crypto From North Korean Hackers Masquerading as IT Workers DOJ seeking $7.74M in crypto from North Korean IT workers who used fake identities to infiltrate U.S. companies and fund the regime. Simon Chandler Go to decrypt.co

To Reap Tokenization’s Benefits, Accredited Investor Rules Should Be Revamped: Robinhood Crypto GM Robinhood Crypto’s Johann Kerbrat said that tokenization could eliminate “middlemen” to the advantage of startup founders. André Beganski Go to decrypt.co

Crypto Advocacy Groups Urge Dismissal of Case Against Bitcoin Mixer Samourai Crypto advocacy groups have argued that the case against Bitcoin mixer Samourai Wallet is unjust. Here’s why. Mathew Di Salvo Go to decrypt.co

OpenAI Challenges Court Order to Preserve User Data in NYT Lawsuit The AI firm said the order to retain deleted ChatGPT chats undermines user privacy as legal its battle escalates. Callan Quinn Go to decrypt.co

Reddit Files Lawsuit Against Anthropic Over Alleged Unauthorized Data Scraping Reddit is accusing AI firm Anthropic of scraping content to train Claude, fueling a broader legal battle over the use of online data. Callan Quinn Go to decrypt.co

US Seizes Crypto and 145 Domains Linked to Dark Web Marketplace BidenCash served 117,000 users and trafficked over 15 million stolen credit cards and personal data before being taken down. Vismaya V Go to decrypt.co

Chair Paul Atkins Says It’s a ‘New Day’ for the SEC, Calls for ‘Rational’ Crypto Regulation Paul Atkins is promising a “rational” approach to rulemaking instead of enforcement, as lawmakers eye sweeping reforms. Callan Quinn Go to decrypt.co

Czech Government Faces No-Confidence Vote Over $45M Bitcoin Scandal A Bitcoin donation from a convicted criminal has triggered a political scandal and calls for a no-confidence vote in the Czech government. Vince Dioquino Go to decrypt.co

Texas Lawmaker Misses Disclosure Deadline on Bitcoin Buys Rep. Brandon Gill disclosed two sizable Bitcoin trades months past the legal deadline, raising fresh scrutiny of crypto-investing lawmakers. Callan Quinn Go to decrypt.co

AUSTRAC Tightens Grip on Crypto ATMs After Spike in Illicit Activity The Australian regulator has refused one crypto ATM provider’s license and imposed transaction caps across the sector. Vismaya V Go to decrypt.co

SEC Raises Legal Questions Over Proposed Ethereum, Solana ETFs The SEC raised concerns over staking-linked ETFs a day after stating that most crypto staking falls outside the scope of securities laws. Sebastian Sinclair Go to decrypt.co

New York Man Denied Bail Over Alleged Bitcoin Ransom, Torture Plot Prosecutors allege Duplessie and Woeltz held an Italian national hostage for 17 days in a Soho townhouse to force access to a Bitcoin wallet. Vince Dioquino Go to decrypt.co

Here’s What’s at Stake for Crypto in South Korea’s Upcoming Election Crypto policy is a key issue ahead of South Korea’s June 3 election, with both parties backing ETFs and stablecoin reforms. Callan Quinn,Vince Dioquino Go to decrypt.co

Nigel Farage Pledges to Slash Crypto Capital Gains, Force UK Bitcoin Reserve Britain’s Reform Party leader Nigel Farage made his case to Bitcoin 2025 attendees in Las Vegas ahead of a planned UK prime minister run. Sander Lutz Go to decrypt.co

US Sanctions Filipino Tech Company for Aiding $200M in Crypto Scams The Treasury Department’s Office of Foreign Assets Control imposed sanctions on Funnull Technology and its administrator for enabling global fraud schemes. Jason Nelson Go to decrypt.co

Bitcoin Wobbles as US Trade Court Strikes Down Trump’s Tariffs The rebuke of Trump’s tariffs has driven investors to equities, nudging Bitcoin lower but not derailing its rally, an analyst told Decrypt. Vismaya V Go to decrypt.co

ASIC Sues Former Blockchain Global Exec Over $20M in Unpaid Customer Claims ASIC secured interim court orders in February preventing Guo from leaving Australia, but he exited the country days after they expired. Vismaya V Go to decrypt.co