Report | Crypto

The preliminary injunction against the prediction markets platform reportedly came at the request of Massachusetts Attorney General Andrea Joy Campbell. Prediction markets platform Kalshi could face legal complications operating in the US state of Massachusetts after a judge reportedly ruled that residents could not use the website for sports betting. According to a Tuesday Reuters report, Suffolk County Superior Court Judge Christopher Barry-Smith said he would issue a preliminary injunction against Kalshi prohibiting the platform from offering sports betting for residents without the required gaming license.  The ruling followed Massachusetts Attorney General Andrea Joy Campbell filing a lawsuit against Kalshi in September, alleging that the platform offered “illegal and unsafe sports wagering.” According to Reuters, Tuesday’s injunction came at Campbell’s request. Read more

South Korea is reportedly reviewing exclusive bank partnerships for crypto exchanges as regulators assess competition and prepare the Digital Asset Basic Act. South Korea’s financial regulators are reviewing a long-standing practice that effectively ties each cryptocurrency exchange to a single banking partner, as part of a broader examination of competition in the country’s crypto market, according to local media. Business media outlet the Herald Economy, citing government officials familiar with inter-agency discussions, said a review effort is being coordinated between the Financial Services Commission (FSC) and the Fair Trade Commission as policymakers evaluate whether existing practices contribute to market concentration.  Although the “one exchange–one bank” model is not explicitly codified in South Korean laws, it emerged in practice due to Anti-Money Laundering (AML) and customer due diligence requirements.  Read more

The London-based financial technology company is pushing deeper into Latin America as regional competition among digital banks heats up. Revolut, a London-based digital banking and payments company, has applied for a full banking license in Peru as part of its expansion across Latin America, Bloomberg reported on Monday. If approved, the license will allow the company to operate as a regulated bank in the country, adding Peru to a list of regional markets alongside Mexico, Colombia and Brazil. Bloomberg said Revolut plans to compete primarily with incumbent banks rather than newer fintech rivals. Revolut has identified remittances and cross-border payments as key parts of its local strategy, noting that about 1 million people in Peru rely on money sent from abroad. Read more

South Korea’s customs agency charged three suspects over a more than $100 million crypto-linked remittance scheme using WeChat Pay and Alipay, per Yonhap. South Korean authorities have uncovered an underground remittance operation that moved roughly 150 billion won (about $100 million to $110 million) through digital assets, according to local media reports. The Korea Customs Service has referred three suspects for prosecution, including a Chinese man in his 30s, on charges of violating the Foreign Exchange Transaction Act, Yonhap News reported Monday. Over the past four years, the illicit operation has allegedly laundered more than $100 million collected through WeChat Pay and Alipay, which was converted into cryptocurrencies through overseas exchanges and transferred into South Korean wallets before being converted back to fiat currency. Read more

Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards. The White House is considering withdrawing its support for crypto market structure bill following a similar move from crypto exchange Coinbase, according to Fox Business reporter Eleanor Terrett, citing a source close to the Trump administration. In a Sunday post on X, Terrett reported that the White House is furious over Coinbase’s decision to pull its backing for the Digital Asset Market Clarity Act, describing the move as a “unilateral” action that blindsided administration officials. “The White House is said to be furious with Coinbase’s “unilateral” action on Wednesday, which it apparently was not notified of in advance, calling it a “rug pull” against the White House and the rest of the industry,” she wrote. Read more

Being the first federally chartered bank, Anchorage is looking to become a leading stablecoin issuer in 2026, with plans to double the size of its stablecoin team this year. Institutional crypto platform Anchorage Digital is looking to raise hundreds of millions of dollars of fresh capital as it eyes a potential Initial Public Offering. The raise would be in the $200 million to $400 million range, while a possible IPO is slated for sometime next year, according to a Bloomberg report on Friday, citing people familiar with the matter who asked to remain anonymous. Anchorage’s affiliate, Anchorage Digital Bank National Association, became the first federally chartered crypto bank in 2021 and is now well-positioned to lead stablecoin issuance and related services following the passage of the GENIUS Act in July. Read more

Coinbase began rolling out stock trading through traditional rails as CEO Brian Armstrong advances plans for an "everything exchange" combining equities, crypto, and tokenized assets, though fully blockchain-native shares remain years away pending SEC coordination. The post Coinbase Rolls Out Stock Trading to Select Users in ‘All-in-One’ Platform Push: Report appeared first on Cryptonews.

The Vienna-based crypto platform is weighing a potential 2026 listing in Germany as more digital asset companies position for public markets. Austria-based Crypto trading platform Bitpanda is moving forward with plans for a public listing in Frankfurt, targeting a debut in the first half of 2026 with a valuation of 4 billion euros ($4.7 billion) to 5 billion euros. The IPO could take place as early as the first quarter, with the company working alongside Citigroup, Goldman Sachs and Deutsche Bank, Bloomberg reported on Wednesday, citing people familiar with the offering. No final decisions have been made and the listing timeline may change. Founded in 2014, Bitpanda is a European fintech and crypto trading platform offering digital-asset services and investment products to more than 7 million users in the region, according to the company. Read more

The Nasdaq-listed company is rolling out an onchain equity system that allows real shares to be issued and lent directly on blockchain infrastructure. Figure Technology Solutions, a blockchain-focused financial technology company, is pushing stock lending on-chain with a new system that allows investors to lend shares directly to one another without relying on traditional securities intermediaries. Bloomberg reported Wednesday that the company has launched the On-Chain Public Equity Network, known as OPEN, which allows companies to issue real equity directly on Figure’s Provenance blockchain. Unlike other tokenized stock offerings, which typically mirror existing shares through synthetic instruments, the equity issued on OPEN represents actual ownership. Those shares can be lent or pledged directly on the blockchain, bypassing intermediaries such as custodians, exchanges and brokers, according to Figure CEO Mike Cagney. Read more

Lithuania-licensed crypto payments app Brighty brokered over 100 property deals worth $500,000 to $2.5 million across UK, France, and Malta for wealthy clients spending $50,000 monthly, with euro-backed stablecoin transaction sizes jumping from €15,785 in Q3 to €59,894 in Q4 as buyers favor EURC over USDC to eliminate conversion costs for European purchases. The post Stablecoins Power $500K-$2.5M Property Deals Across UK, France, and Malta: Report appeared first on Cryptonews.

TRM Labs revealed UK-registered exchanges Zedcex and Zedxion facilitated $1 billion in IRGC-linked transactions through shell structures connected to sanctioned financier Babak Morteza Zanjani. The post Iran Used UK Crypto Platforms to Evade Sanctions With $1B in Secret Flows: Report appeared first on Cryptonews.

Telegram has posted $870M revenue in H1 2025, with $300M from TON exclusivity deals and $223M from subscriptions; 1B users. A 69% Toncoin fall has produced a $222M net loss despite nearly $400M operating profit, while $500M of bonds has been frozen in Russia and Pavel Durov has faced a French probe. The post Telegram Revenue Surges 65% to $870M on Toncoin Boost, Despite $500M Bond Freeze: Report appeared first on Cryptonews.

Japan’s ruling coalition has released its 2026 tax reform blueprint, outlining a potential shift in how cryptocurrencies are treated under the country’s tax system, according to a CoinPost report. The post Japan’s 2026 Tax Reform Blueprint Maps Out New Framework for Crypto Assets: Report  appeared first on Cryptonews.

Layer 1 blockchain tokens experienced severe depreciation in 2025, with Solana falling 35.9% and Avalanche dropping over 67%, as markets punished protocols lacking credible revenue streams despite robust developer activity across major ecosystems. The post L1 Tokens Crushed in 2025 as SOL, AVAX Drop Over 65%: Report appeared first on Cryptonews.

AI-focused crypto tokens have lost about 75% of their value year over year, erasing roughly $53 billion from the market. The post AI Tokens Shed 75% in a Year, Wiping Out $53B in Market Value: Report appeared first on Cryptonews.

JPMorgan has explored institutional crypto trading, weighing spot and derivatives while building blockchain rails. The bank has tokenized a money-market fund on Ethereum and structured a Solana bond for Galaxy Digital as Wall Street peers plan trading rollouts in 2026. Plans hinge on client demands. The post Wall Street Giant JPMorgan Quietly Exploring Crypto Trading for Institutional Clients: Report appeared first on Cryptonews.

Binance is reportedly exploring a US return, with co-founder CZ considering reducing his stake and potential partnerships with BlackRock and Trump-linked ventures to strengthen its American presence. The post Binance Plans US Comeback: CZ May Cut Stake, Eyes Trump and BlackRock Deals: Report appeared first on Cryptonews.

After a four-year investigation into whether its lending and borrowing operations constituted unregistered securities offerings, Aave has had the SEC probe dropped,citing the platform’s decentralized governance and non-custodial design The post SEC Drops 4-Year Aave Investigation Following ‘Significant’ Defense Battle: Report appeared first on Cryptonews.

Singapore has emerged as the global leader in crypto adoption in 2025, driven by widespread user engagement, increasing adoption among workers accepting crypto payments and regulatory clarity as global real-world asset tokenization surge 63% The post Singapore Tops 2025 Global Crypto Rankings as RWA Tokenization Jumps 63%: Report appeared first on Cryptonews.

Polymarket has begun building an internal market-making unit to provide liquidity as it relaunches in the U.S., echoing Kalshi’s model, whose house desk has already faced criticism and a proposed class action alleging conflicts with customers’ bets. The post Polymarket to Launch In-House Trading Desk That Bets Against Users: Report appeared first on Cryptonews.