The US Department of Justice has filed new charges against Rossen Iossifov, a federal inmate accused of taking $290,000 in cryptocurrency that had been forfeited to the government. According to the DOJ, Iossifov allegedly gained access to and diverted the digital assets, which were under government control following an
North Carolina has enacted legislation acknowledging that federal Commodity Futures Trading Commission oversight preempts state regulation of prediction market platforms. The new law establishes a state framework by imposing a 6% tax on the net trading fee revenue that platforms generate from North Carolina residents. By recognizing CFTC preemption, the
Prediction market platform Polymarket has submitted applications to US regulators to offer margin trading, a move that would allow users to trade with borrowed funds under a regulated framework. The filings signal Polymarket's push to expand its regulated presence in the American market and compete more directly with
A proposal that would have made New Hampshire among the first US states to issue bitcoin-linked government bonds has been halted in its final approval stage. The state's executive council voted 3-2 against the project, ending an effort that supporters had positioned as a trailblazing step
A proposal to issue a $100 million bond backed by Bitcoin collateral has been turned down by New Hampshire officials following a public finance hearing. The decision tests whether cryptocurrency can serve as collateral within a formal government approval process, rather than remaining confined to private credit design. The July
A recent court ruling has determined that federal registration with the Commodity Futures Trading Commission does not necessarily shield prediction market operators like Kalshi from state-level enforcement. The decision gives New York room to pursue enforcement actions against sports-event contracts, even as the CFTC continues drafting national rules
Vacancies at the Commodity Futures Trading Commission are emerging as an obstacle to advancing crypto legislation, as the agency's diminished leadership raises questions about its capacity to oversee digital asset markets. The White House has pushed back against Democratic criticism that the Trump administration has failed to fill
Federal data from the FBI and its Internet Crime Complaint Center (IC3) indicates that Bitcoin ATMs are increasingly the final point in fraud operations targeting Americans, contributing to roughly $11 billion in losses. Scammers often use online coercion tactics, guiding victims through elaborate schemes that culminate at physical crypto kiosks.
A recent Supreme Court decision expanding President Trump's authority to remove the leaders of numerous federal agencies could reshape how independent regulators operate. The ruling raises questions for the Securities and Exchange Commission and the Commodity Futures Trading Commission, both of which are actively advancing crypto-related rulemaking.
Russia's evolving regulatory framework is opening the door for major banks to enter the digital asset market, and Alfa-Bank, the country's largest private lender, intends to be among the first participants. The bank plans to test Bitcoin and crypto trading, custody services, and a digital
The Clarity Act is proposed legislation intended to divide oversight of digital assets between US regulators and establish clearer rules for the industry. CFTC Chair Michael Selig cautioned that if Congress fails to advance the bill, regulatory agencies will be left to craft crypto rules on their own. Such an
Sony Bank has received conditional approval to establish a stablecoin-focused trust bank in the United States, marking the electronics and financial conglomerate's deeper push into digital assets. The New York-based subsidiary, wholly owned by Sony Bank, will be capitalized with $40 million to fund its upcoming