No Clarity Act but CFTC saved the day
Timeline of events since Congress failed to pass the Crypto Clarity Act September 15: Senate fails to pass Crypto Clarity Act. September 17:• SEC allows limited on-chain trading of tokenized US stocks.• CFTC allows developers to build passive derivatives software without registering as brokers, including for crypto markets.• SEC Chair Atkins says tokenization rules are […]
Paxful ordered to pay $4 million for money laundering and fraud
Paxful was sentenced to pay $4 million in criminal penalties after admitting it knowingly facilitated transfers linked to prostitution and money laundering.
Prediction markets face fraud and insider trading risks
Prediction markets like Polymarket and Kalshi confront serious fraud risks while Giannis Antetokounmpo’s Kalshi partnership raises conflict of interest questions.
Portugal orders Polymarket shutdown over illegal political betting
Portugal ordered Polymarket to shut down after €103 million in bets on the presidential election, but the platform remains accessible despite the deadline passing.
Coinbase withdraws support for crypto bill before Senate vote
Coinbase pulled support for major crypto legislation, forcing the Senate Banking Committee to postpone a key vote on the Digital Asset Market Clarity Act.
Powell says DOJ is threatening criminal charges over rate cuts
Jerome Powell revealed that the US Justice Department threatened him with possible criminal charges, which he calls a pretext to pressure the Federal Reserve into lowering interest rates faster.
Trader won $400K betting on Maduro capture hours before it happened
A trader on Polymarket turned $32,000 into $400,000 by betting on Maduro’s capture less than 24 hours before U.S. forces seized him, raising serious questions.
Pump.fun platform faces billion fraud lawsuit with Solana
A US court allowed an expanded lawsuit claiming Pump.fun and Solana Labs ran an organised scheme causing massive losses for retail investors.
Australia regulates crypto platforms under new law
Australia has introduced the Corporations Amendment (Digital Assets Framework) Bill 2025, establishing the country’s first comprehensive regulatory framework for cryptocurrency exchanges and custody providers under financial services legislation.