Zohran Mamdani’s decisive victory in New York City’s mayoral race marks a possible turning level for the crypto business. The 34-year-old democratic socialist defeated former Governor Andrew Cuomo, whom President Donald Trump reluctantly endorsed over his “communist” rival. Meanwhile, crypto prediction markets accurately predicted Mamdani’s win with 92% accuracy. However, his victory alerts tighter regulation…
Tokyo-listed gaming firm Gumi introduced its exploration of blockchain-based prediction market providers by its subsidiary Gc Labs, becoming a member of a wave of regional gamers coming into the sector. The announcement comes as Trump Media and Technology Group revealed plans to combine prediction markets into its Truth Social platform. In addition, a number of…
Kraken has joined a pilot program for Eightco’s INFINITY authentication platform, addressing challenges associated to regulatory compliance and AI-enabled fraud. The change has not disclosed the pilot’s length or analysis standards. Exchanges Face Evolving Compliance Requirements Kraken maintains 12 regulatory registrations and licenses, together with Money Services Business registration with FinCEN within the US and…
Thai authorities arrested a Chinese nationwide in Bangkok regarding a cryptocurrency Ponzi scheme that defrauded almost 100 buyers of over $31 million. The arrest marks a big improvement in a case that turned one among 2023’s largest decentralized finance exit scams. How the Crypto Ponzi Scheme Operated On Wednesday, Liang Ai-Bing, one among 5 suspects…
After some preliminary confusion, it appears confirmed that Bitwise and Canary Capital’s Solana and HBAR ETFs will start buying and selling tomorrow. This may additional open the world of altcoin ETFs. So far, uncertainty concerning monetary regulators and macroeconomic conditions have left the state of affairs ambiguous. Neither token has posted a value rally, regardless…
Argentine President Javier Milei’s occasion has scored a powerful victory in Argentina’s 2025 mid-term legislative elections, taking management in key provinces. This sweeping parliamentary win boosts Milei’s grip on Congress and supplies better political leverage. However, as the LIBRA cryptocurrency scandal deepens, the President’s credibility continues to face new uncertainty. President Milei’s Party Wins in…
The Madras High Court of India has dominated that cryptocurrencies qualify as property underneath regulation, granting digital property clear authorized recognition for the primary time within the nation. Key Takeaways: An Indian courtroom has dominated that cryptocurrencies are legally acknowledged as property in India. The courtroom barred WazirX from redistributing a person’s 3,532 XRP to…
Federal Reserve Governor Christopher Waller proposed a new fee account on Oct. 21 that might grant stablecoin issuers and crypto corporations direct entry to Fed fee rails with out full grasp account privileges. The announcement on the Fed’s inaugural Payments Innovation Conference marked a reversal from the central bank’s guarded stance towards digital asset corporations….
For years, many UK crypto holders have flown below the HMRC tax authority’s radar. They satisfied themselves that digital belongings one way or the other sit outdoors the nation’s tax regime. Well, for those who’re a UK resident residing in a river close to Egypt, it’s about time you got here up for air. Crypto…
President Trump reportedly tapped Michael Selig to be the CFTC’s subsequent Chair. The earlier nominee, Brian Quintenz, was not too long ago dropped after stress from the Winklevoss twins. Selig has been an SEC worker and aide to Paul Atkins, so he might steer the 2 Commissions in the direction of nearer collaboration. However, it’s…