South Korea's Hana Financial, POSCO International and Upbit operator Dunamu have moved their blockchain remittance system into live trade transactions. South Korea's Hana Financial Group, POSCO International and Dunamu, the operator of the crypto exchange Upbit, have signed a trilateral memorandum of understanding (MoU) to launch their blockchain-based remittance system, with POSCO International serving as the first real-world test case. The agreement, signed Tuesday at Hana Financial Group's Seoul headquarters, follows a successful proof-of-concept (PoC) completed earlier this year by Hana and Dunamu, which showed that blockchain could reduce settlement times and costs compared to the traditional SWIFT framework. That pilot used Dunamu's proprietary GIWA Chain to replace SWIFT's messaging network for cross-border transfers. The new MoU allows the system to be tested on real trade transactions for the first time, with POSCO International handling the actual fund flows, the company said in a Wednesday announce...
Polymarket is reportedly in talks with the CFTC to restore US access after its 2022 settlement, following a limited US rollout in December 2025 focused on sports contracts. Polymarket is seeking regulatory approval to reopen its main prediction markets platform to US users, Bloomberg reported Tuesday, citing people familiar with the matter. According to Bloomberg, Polymarket has been engaging with the US Commodity Futures Trading Commission (CFTC) to lift the prohibition on US-based customers. The move would mark a broader US return for the company, which re-entered the market in a limited form last year through its regulated QCEX-based setup but still keeps Americans off its main international exchange. Read more
The FTC order ties Mashinsky’s $10 million payment to a mostly suspended $4.72 billion judgment that can be revived over asset disclosures. Celsius founder Alexander Mashinsky agreed to a US Federal Trade Commission (FTC) settlement that permanently bars him from promoting asset-related products and requires a $10 million payment tied to a broader, mostly suspended $4.72 billion judgment. The stipulated order, entered by Judge Denise Cote in the Southern District of New York on Tuesday, said Mashinsky is “permanently restrained and enjoined” from advertising, marketing, promoting, offering or distributing any product or service that can be used to “deposit, exchange, invest, or withdraw assets.” The order entered a $4.72 billion monetary judgment in favor of the FTC against Mashinsky, but most of it was suspended. Mashinsky must now pay $10 million to the FTC. However, the order said this obligation can also be satisfied if he pays at least $10 million to the US Department of Justice under the forfeiture ord...
Ottawa says Bitcoin ATMs have become a key tool for scammers, as regulators move to tighten oversight of high-risk parts of the crypto sector. The Canadian government has proposed banning Bitcoin and other crypto ATMs, arguing the machines have become a primary on-ramp for fraudsters and money launderers rather than a convenient access point for everyday users. The government's Spring Economic Update 2026, published on April 28, says crypto ATMs are a “primary method for scammers to defraud victims and for criminals to place their cash proceeds of crime,” and explicitly states that the government “proposes to ban crypto ATMs.” The proposal states that Canadians will still be able to buy virtual currencies from brick-and-mortar money services businesses, but the standalone kiosks that have proliferated in malls, gas stations and corner stores would be phased out. Read more
Bitcoin fell after each new Federal Reserve chair began work, data showed, while Kevin Warsh gave mixed signals over policy for risk assets. Bitcoin (BTC) may face “a few months” of downside as the new US Federal Reserve chair takes over next month. Key points: Read more