Australian regulator claims win over Kraken’s Bit Trade in federal court
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
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Fast & Seamless: The Race for the Cross-Border Payments Market
Competition in the business of facilitating cross-border payments has just gotten tighter. Until recently, the primary fintech challenger to the reigning SWIFT international payment system has been Ripple Labs and its various products designed for the institutional banking sector. The first week of September saw the game-changing news break, as IBM announced promotion of its DLT-powered…

Canada crypto exchanges get more time for stablecoin compliance
Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said.

Hamster Kombat user drop ‘expected’ but team plans to ‘re-engage’
Hamster Kombat is planning its comeback as Telegram Mini Apps Paws and Blum surge in popularity.

Ukrainian government launches crypto donation website with FTX, Kuna and Everstake
Users have sent more than $48 million USD in crypto to government wallet addresses, roughly 24% of the platform’s $200 million goal. 457 Total views 5 Total shares Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to…

BitMEX Co-founder predicts Bitcoin surge amid dollar liquidity rise
In the statement, Arthur Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a significant uptick in dollar liquidity. 74 Total views 1 Total shares Arthur Hayes, co-founder of BitMEX, provided perspectives on a potential Bitcoin surge on the X platform. Alongside a chart depicting net Reverse Repurchase Agreement (RRP) and Treasury General Account (TGA)

Caroline Ellison’s list of ‘Things Sam Is Freaking Out About’ could be used in trial
The prosecution intends to use Caroline Ellison's personal memos alongside a trove of other evidence against Sam Bankman-Fried at his criminal trial. 126 Total views 6 Total shares Prosecutors intend to use personal notes and diary entries from former Alameda Research CEO Caroline Ellison as evidence against FTX co-founder Sam Bankman-Fried at his criminal trial.In…

US crypto’s future could fall on these 4 digital asset bills
Since 2022, there have been at least 50 digital asset bills reportedly introduced to Congress, aiming to govern everything from stablecoins to the jurisdictions of United States regulators.However, at least four of them are seen as potentially having a major impact on the industry (if passed) — given the attention from lawmakers and the crypto…

US Treasury plans to designate crypto mixers as money-laundering hubs: Report
The department previously targeted individuals connected to Tornado Cash, but its reported actions on mixers followed concerns suggesting Hamas was financed in part by crypto. 238 Total views 1 Total shares The United States Treasury Department is reportedly planning to expand its sanctions to designate cryptocurrency mixers as money-laundering hubs following Hamas’ attack on Israel.According