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FTX’s former law firm, auditor agree to pay $66 million to settle customer claims over fraud
The law firm, Fenwick & West, denied wrongdoing and still faces a separate $525 million suit in Washington that is not covered by Friday's deal.
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ECB pushes back on euro stablecoin proposals, citing financial stability risks
The ECB warned EU finance ministers that expanding euro stablecoin issuance could weaken bank lending and complicate monetary policy.
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SEC approves Nasdaq to list Bitcoin index options on the exchange
The cash-settled, European-style contracts will trade under the ticker QBTC on Phlx, but still require CFTC approval before trading can begin.
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Japan Reveal AI and Blockchain Finance Plan to Protect Digital Yen Sovereignty
The post Japan Reveal AI and Blockchain Finance Plan to Protect Digital Yen Sovereignty appeared first on Coinpedia Fintech News Japan’s ruling Liberal Democratic Party (LDP) has reveal a new national strategy focused on stablecoins, tokenized banking, and AI-powered digital payments. Called the “Ne
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SEC delays tokenized asset exemption amid concerns over third-party tokens: Bloomberg Law
The SEC has delayed its plan for an anticipated exemption that would clarify the agency's stance on tokenized assets, Bloomberg Law reported.
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New strategic bitcoin reserve bill drops 1 million BTC purchase target, adds 20-year lockup period
The bill would require quarterly public proof-of-reserve disclosures and third-party audits of government bitcoin holdings.
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Crypto, Banks, Policy Experts Press Congress to Modernize Bank Secrecy Act
A House subcommittee hearing exposed a divide over how far to scale back the 1970-era anti-money laundering law as Trump expands its reach.
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House Oversight chair launches probe into insider trading on Kalshi and Polymarket
House Oversight Chairman Comer probes insider trading on Kalshi and Polymarket, sending letters to both CEOs with a June 5 document deadline.
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South Korea to review scrapping crypto tax plan after national petition hits 50,000 signatures
The petitioner said taxing cryptocurrency gains while abolishing taxes on traditional investments is unfair.
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India cracks down on prediction markets: Polymarket goes dark, Kalshi could be next
India has implemented a comprehensive crackdown on prediction markets, forcing popular platform Polymarket to suspend operations in the country. The regulatory action, announced by India's financial authorities, has made the platform inaccessible to Indian users as of this week. Industry sources indicate that Kalshi, another major prediction market
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U.S. Lawmaker Unveils Bill to Codify Strategic Bitcoin Reserve, Draws Bipartisan Support
Bitcoin Magazine U.S. Lawmaker Unveils Bill to Codify Strategic Bitcoin Reserve, Draws Bipartisan Support Nick Begich, R-Alaska, introduced legislation today to permanently establish a U.S. strategic bitcoin reserve. This post U.S. Lawmaker Unveils Bill to Codify Strategic Bitcoin Reserve, Draws Bip
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Crypto prediction markets are turning into dangerous national security risks, and Congress wants to ban them
Congressional lawmakers are moving to ban cryptocurrency-based prediction markets, citing growing national security concerns over their potential misuse. The proposed legislation targets platforms that allow users to bet on political events, military conflicts, and other sensitive outcomes using digital assets. According to CoinDesk reporting, the bipartisan bill has gained momentum