DWF Labs subsidiaries sue BitGo for $141 million over alleged token lock-up breach
DWF is seeking $114 million in damages on the basis BitGo’s token sales resulted in direct losses through the fall in tokens' prices. Source：CoinDesk
UK slaps sanctions on three crypto exchanges over alleged Russia links
Britain said the crypto platforms and two payment services may have helped Russia evade financial sanctions, with two handling transactions involving the…
NFL joins pushback against prediction markets as U.S. Supreme Court asked to act
In opposition to federal oversight of the prediction markets, the National Football League has sided with states, Gary Gensler and one of the authors of the…
EU securities regulator gives crypto platforms 3 months to remove unauthorized stablecoins
ESMA said authorized platforms must block new access to stablecoins that fail to meet MiCA rules, while national authorities oversee existing customer…
Greece prepares to levy 10% capital gains tax on cryptocurrency
Crypto gains of up to 500 euros ($560) a year would be exempt under the bill, which will be submitted to parliament in November. Source：CoinDesk
Crypto must cement adoption to withstand US policy shifts: Canton CEO
Canton CEO Yuval Rooz compared blockchain adoption to Uber and Airbnb, arguing that widespread adoption could help insulate it from potential policy reversals.…
ECB policymaker warns of fragmentation without digital euro
A ECB executive board member said the potential introduction of a digital euro ”would not to take over the role of banks,” but ensure they have a role in the…
Self-styled 'Godfather' gets 6 years in prison for $37 million Meta fraud scheme
Adam Iza’s sentence runs concurrently with a 15year term imposed last month for his role in an attempted bitcoin robbery. Source：CoinDesk
U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets
FinCEN withdrew two proposals that had hung over selfcustody and crypto mixers for years without ever taking effect. Source：CoinDesk
Crypto's campaign arm, Fairshake, sets lists of U.S. House favorites it'll spend on
The super PAC shared a list of more than 30 incumbent candidates it's backing, with about a million dollars going to three names from each party.…
U.S. CFTC joins SEC in proposing crypto regulations, though spot-market gap lingers
The derivatives regulator is proposing two rules meant to cover the waterfront of crypto activity and exchanges, as long as it's not simple, direct trading.…
Treasury crackdown exposes crypto's role in $2 million Hamas fundraising network
The Treasury Department said the network raised more than $2 million through purported humanitarian charities, including hundreds of thousands of dollars sent…