Nearly 1,700 UK cryptocurrency investors have taken legal action in the UK High Court against Binance and its co-founder, Changpeng Zhao, in a lawsuit worth more than £150 million, or roughly $200 million. The claimants’ law firm, KP Law, contends that Binance made available unregulated leveraged tokens, futures, and options
According to his most recent annual financial statement, U.S. President Donald Trump made over $1.4 billion from cryptocurrency-related companies in 2025, highlighting the fact that digital assets now make up the majority of his personal income. According to the document, Trump’s cryptocurrency assets and related companies brought in a lot
The European Union has approved 244 crypto licenses through the Markets in Crypto-Assets Regulation as implementation nears the end of its transition period. The data from ESMA’s interim MiCA register reveals Germany and France as the top jurisdictions in terms of licensing. Germany has granted authorization to 57 crypto-asset service
MEXC, a pioneer in 0-fee digital asset trading, today announced the listing of Ondo’s tokenized Strategy’s preferred stock on its spot market, further expanding its tokenized U.S. stock offerings. STRCON tracks Strategy Pref (STRC), Strategy’s preferred stock. The company formerly known as MicroStrategy, Inc., is the world’s largest corporate holder
As Kiwoom Securities considers investing in Bithumb, the nation’s second-largest cryptocurrency exchange, South Korea’s financial and digital asset industries may be getting closer. The magnitude of the investment and the stock stake are still being negotiated. The two companies are reportedly in talks over a third-party allocation of recently issued
The platform for predicting market users impacted by a website exploit that led to the theft of about $3 million in cryptocurrency assets will receive full reimbursement from Polymarket. The claim is that, instead of an issue with the underlying architecture of the platform, the incident was due to malware
The Financial Intelligence Unit of South Korea recently referred approximately 40 unregistered virtual asset service providers to the police authority. It reflects Seoul’s increasing attempts to regulate the cryptocurrency firms that operate in South Korea. According to South Korean law, all crypto exchanges are mandated to get the ISMS Certification
Prediction markets are one of the fastest-growing sectors of the digital economy, and Meta is apparently getting ready to enter it. An internal team has been assigned by CEO Mark Zuckerberg to create a stand-alone platform called Arena. It will function independently of Meta’s core products, such as Facebook, Instagram,
U.S. Lawmakers continue to advance digital asset regulations as the Senate moves closer to introducing dedicated cryptocurrency tax legislation. Senator Steve Daines revealed that Republican senators had already developed the framework. During an interview with Bloomberg Tax, Sen. Steve Daines said, “sooner rather than later”. He also said, “We’ve put
QR payments have emerged as one of the most popular methods of daily consumer financing throughout Latin America. These payments are used for anything from modest retail transactions to transportation, food delivery, and mutually beneficial transfers between individuals. As mobile-first payment behavior becomes more prevalent in Argentina and Peru, digital
