UK Regulator Takes High Court Action Against HTX
The UK Financial Conduct Authority has brought High Court proceedings against crypto exchange HTX over alleged illegal promotions to British consumers.
Cryptocurrency news, market insight, company coverage, and practical guides related to regulation.
The UK Financial Conduct Authority has brought High Court proceedings against crypto exchange HTX over alleged illegal promotions to British consumers.
South Korea’s Financial Supervisory Service launched a formal investigation into Bithumb following a $43 billion Bitcoin “fat-finger” mishap during a promotional event.
Gemini’s decision to withdraw from the UK, EU, and Australia has intensified industry concerns that slow, overlapping regulation is undermining Britain’s crypto hub strategy.
Ripple has added new security and staking integrations to its institutional custody platform, aiming to simplify deployment for banks and regulated custodians.
Jump Trading is set to provide market-making services to Kalshi and Polymarket in exchange for equity stakes, deepening institutional involvement in prediction markets.
Mizuho analysts say Gemini’s exit from overseas markets and workforce cuts could accelerate profitability and drive significant upside for GEMI shares.
Tether froze more than $500 million in USDT at the request of Turkish authorities investigating an illegal betting and money-laundering network.
Crypto exchange Gemini is withdrawing from the UK, EU, and Australia while cutting 25% of its staff to refocus on the US and prediction markets.
House investigators are probing World Liberty Financial over a reported $500 million UAE-linked stake and the role of its USD1 stablecoin in a Binance deal.
The CFTC has formally withdrawn a Biden-era proposal that sought to prohibit sports and political prediction markets, signaling a regulatory shift toward event-based derivatives.
Hong Kong could significantly expand its asset management sector by adopting tokenized fund infrastructure, according to a new BCG-led whitepaper.
Canada’s investment regulator has introduced stricter, tiered custody standards for crypto assets, aiming to reduce losses from fraud, hacks, and weak governance.
Nevada regulators have moved to block Coinbase’s prediction market offerings, arguing the exchange is facilitating unlicensed sports wagering through event-based contracts.
Prediction market leaders Polymarket and Kalshi are using grocery giveaways in New York as competition intensifies amid surging trading volumes.
US spot Bitcoin ETFs slipped below $100 billion in assets after $272 million in daily outflows, extending year-to-date losses amid market volatility.