Missouri's attorney general sued CoinFlip, claiming its crypto ATMs enabled consumer fraud and charged excessive fees. Missouri's attorney general has filed a lawsuit against CoinFlip, a major cryptocurrency ATM operator, alleging that its machines were used as vehicles for widespread consumer fraud schemes. The state claims
Trump ordered the Fed to update regulations integrating digital assets into traditional financial systems. The Federal Reserve is seeking public input on expanding access to master accounts following an executive order signed by President Trump. The order directs the Fed to review and modernize its regulations to better integrate digital
Polymarket plans combinatorial outcome contracts while the SEC seeks public input on prediction market ETFs. Polymarket, the leading decentralized prediction market platform, is moving to list parlay-style contracts, officially described as combinatorial outcome contracts. These instruments would only resolve in a user's favor if every component of the
The US Treasury has sanctioned Sinaloa Cartel members who converted fentanyl drug proceeds into cryptocurrency. The United States Treasury Department has added members of the Sinaloa Cartel to its sanctions list, targeting individuals responsible for converting drug trafficking proceeds into cryptocurrency. The cartel members were specifically identified for their role
The EU is consulting on MiCA rules covering stablecoin interest, DeFi risks, and classification gaps before July's crypto authorization deadline. The European Union has opened a public consultation to review its Markets in Crypto-Assets regulation, known as MiCA, ahead of a critical July deadline for crypto firm authorizations.