Coinbase Wins: Appeals Court Forces SEC to Answer The Third Circuit just ordered the SEC to explain itself on Coinbase’s landmark petition—marking the first time a major U.S. crypto exchange has forced federal regulators into a corner. The ruling punches a hole in the agency’s long-standing refusal to clarify whether existing securities rules cover digital-asset…
Philippines Central Bank Weighs Freeze on New Payment Operator Licenses The Philippines’ central bank is considering whether to pause the issuance of new licenses for payment operators, according to the information provided. The potential freeze could affect companies seeking approval to offer payment services in the country. However, no details were provided on the timing,…
Bull Bitcoin Challenges France’s Crypto Surveillance Rules Bull Bitcoin has asked a French court to annul a decree implementing the European Union’s DAC8 crypto reporting rules. The non-custodial exchange argues the framework could expose sensitive information and create surveillance and physical-safety risks for as many as 135 million European crypto holders. The dispute centers on…
Stablecoin wallets challenge traditional bank accounts as main consumer money hub Stablecoin wallets are emerging as an alternative to traditional bank accounts for consumers managing and moving money. The shift places digital wallets at the center of everyday financial activity, rather than limiting them to a tool for cryptocurrency trading. The development matters because the…
IMF Now Says Donations Funded El Salvador’s Bitcoin Growth The International Monetary Fund said Thursday that the bitcoin added to El Salvador’s official holdings since mid-2025 came from private donations, not public spending, offering a new explanation for the steady rise in the country’s on-chain reserve tracker. In a statement tied to a staff-level agreement…
Bank of England Rejects Farage Influence Claims Bank of England Governor Andrew Bailey reportedly denied that a meeting with Nigel Farage swayed the central bank’s policy on cryptocurrency or a potential digital pound. The clash highlights how politically sensitive crypto regulation and central bank digital currency plans have become. The meeting reportedly included discussions about…
Liquid Network Gets Back 3,400 Bitcoin From Whitehat Hackers; Talks Underway for the Rest Liquid Network has recovered 3,400 bitcoin from whitehat hackers involved in a security incident, while discussions continue over the return of the remaining funds. The recovery marks a partial resolution to the incident, but the amount still outstanding means the process…
Bitcoin Holds Near $62,000 as Traders Turn Defensive Bitcoin hovered around $62,000 as surging oil prices, escalating conflict in Iran and caution ahead of a Federal Reserve policy statement pushed traders to cut risk. The move shows how quickly macroeconomic fear can overpower crypto-specific optimism. The pressure came from a broader risk-off shift rather than…
Sweden Hits 6 Crypto Firms With $51M Back Tax Demand Sweden’s Tax Agency has ordered six cryptocurrency mining entities to pay roughly $56.5 million (about 540 million Swedish kronor) in back taxes and penalties after an investigation into operations in Boden, according to published snippets describing the enforcement action. The move adds new pressure on…
Crypto Nerd’s Nugget of the Week: Aethir What it is Aethir is a decentralized GPU compute network built to serve AI training, AI inference, cloud gaming, and other compute-intensive workloads. Rather than relying on a small group of centralized data-center providers, Aethir connects distributed GPU infrastructure with enterprises that need scalable processing capacity across its…
Kalshi Wins Again as Court Keeps Prediction Markets Alive The D.C. Circuit has refused the CFTC’s emergency request to halt Kalshi’s election contracts, leaving the prediction market platform free to offer regulated, cash-settled bets on U.S. political outcomes. The three-judge panel’s one-page order signals that the lower court’s preliminary injunction is likely to stand through…
COURT BLOCKS TEXAS PROBE INTO ENVY BLOCKCHAIN Texas appeals court just handed crypto miners a procedural win that may slow state-level enforcement actions nationwide. By granting mandamus relief to Envy Blockchain, the Eighth Court of Appeals effectively paused a Texas district court’s discovery order that would have forced the company and its executives to hand…
Harmony Cites AI Threats in Proposed Blockchain Shutdown Harmony has proposed retiring its layer-1 blockchain and migrating its native token, ONE, to Ethereum as a new ERC-20 asset, citing escalating security risks from “state actors and AI agents.” The plan would end Harmony’s run as an independent blockchain after launching its mainnet in 2019. In…
Court Hands CFTC Rare Loss on Evidence Powers The Seventh Circuit has told the Commodity Futures Trading Commission it cannot keep secret the raw documents it used to accuse Kraft and Mondelēz of spoofing the wheat-futures market. The ruling strips the agency of a favored litigation tactic and signals that federal judges will no longer…
SEC WINS FRESH SHOT AT BILZERIAN ASSETS A federal judge has reopened a 1989 SEC case against longtime market manipulator Paul Bilzerian, ruling the agency can chase his offshore trusts and family members for nearly $80 million in still-unpaid civil penalties. The decision matters because it shows courts will not let time, distance, or corporate…
Court Upholds Crypto Trading as Commodity Activity The Supreme Court just handed the crypto industry a major victory, ruling that decentralized exchanges and token trading fall under the Commodity Exchange Act, not the Securities Act. The decision slashes the SEC’s ability to bring enforcement actions against DeFi platforms and could force the agency to rethink…
CFTC Wins Big in Conway Trust Ruling The Seventh Circuit just handed the CFTC a decisive win in Conway Family Trust v. CFTC, confirming the agency’s authority to pursue commodity fraud claims against a family trust that lost millions trading futures. The decision tightens the legal net around anyone who trades derivatives, whether they call…
SEC Loses Bid to Expand Crypto Crackdown A federal appeals court just clipped the SEC’s wings on crypto enforcement. The Fifth Circuit ruled that the agency cannot stretch existing securities law to cover every digital asset that moves money, handing crypto firms a narrow but important win in the long-running fight over what counts as…
Bitcoin Slides as Oil Shock Revives Market Fear Bitcoin came under renewed pressure, moving toward the crucial $61,000 level as oil prices surged after the collapse of a U.S.-Iran ceasefire. The move highlights how quickly geopolitical risk can drain confidence from crypto markets. The spark was a breakdown in the ceasefire, alongside warnings of a…
Regal Commodities v Tauber: Appeals Court Hands Crypto Trader a Second Chance A New York appeals court just gave crypto trader Jason Tauber another shot at proving he was not defrauded by Regal Commodities, reversing a lower court’s dismissal of his claims and sending the case back for trial. The ruling matters because it signals…
