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Regulation Page 21
EU Forces Meta to Open WhatsApp to Rival AI Chatbots
The European Commission issued interim measures ordering Meta to restore third-party AI access to the WhatsApp Business API within five days, marking an aggressive enforcement action under the Digital Markets Act.
RegulationHadi Ghadban
Standard Chartered-Backed Zodia Custody Wins Luxembourg Payment License for EU Stablecoin Services
Zodia Custody, backed by Standard Chartered, has secured a payment institution license from Luxembourg's CSSF, enabling regulated stablecoin custody and transfer services across the European Union. The approval marks a regulatory milestone for institutional crypto custody in Europe.
RegulationHadi Ghadban
Sam Bankman-Fried Files for Presidential Pardon From Trump
Sam Bankman-Fried has officially filed for a presidential pardon from President Trump on June 8, 2026, escalating his legal strategy despite Trump's prior public statements that he has no plans to grant the FTX founder clemency. SBF is serving a 25-year prison sentence imposed in March 2024.
RegulationBlockchain Academics Newsroom
Over 200 Crypto Firms Push Senate for CLARITY Act Floor Vote
A coalition of more than 200 crypto companies and organizations sent a letter to Senate leadership demanding a full floor vote on the Digital Asset Market Clarity Act, escalating industry pressure as the bill advances through committee with bipartisan backing.
RegulationHadi Ghadban
New York Judge Stays Lawsuit Over $235B in Dormant Bitcoin Wallets Pending July Hearing
A New York judge has halted proceedings in a lawsuit seeking to claim ownership of approximately 39,069 dormant Bitcoin wallets valued at roughly $235 billion, pending a July 14 hearing on whether traditional lost-and-found law applies to cryptocurrency assets.
RegulationBlockchain Academics Newsroom
South Korea Police Launch First Criminal Probe Into Polymarket Users
South Korean police have initiated a criminal investigation into domestic Polymarket users for alleged gambling law violations. The probe, triggered by betting on June 3 local elections, marks the first time authorities have targeted the prediction market platform's users specifically.
RegulationHadi Ghadban
Wyoming Governor Signs Executive Order to Attract AI Data Centers
Wyoming Governor Mark Gordon signed an executive order on June 3 titled "Data Centers the Wyoming Way," establishing a framework to attract AI and advanced computing investment while requiring developers to absorb the power costs their operations create.
RegulationBlockchain Academics Newsroom
160 Security Veterans Back CLARITY Act Push as Blockchain Association Urges Senate Action
The Blockchain Association sent a letter signed by 160 former national security officials to Senate leadership urging passage of the CLARITY Act, positioning cryptocurrency regulation as a national security issue and signaling bipartisan convergence on federal regulatory standards.
RegulationHadi Ghadban
Law Enforcement Issues Urgent Warning on Crypto Scams Targeting World Cup Fans
Law enforcement agencies and the UK Financial Conduct Authority are warning soccer fans and Premier League clubs about cryptocurrency-based fraud schemes targeting the FIFA World Cup 2026, which begins June 11. Fake ticketing sites and unauthorised crypto sponsors pose legal and money laundering...
RegulationBlockchain Academics Newsroom
Crypto Industry Launches Defend Developers PAC Ahead of CLARITY Act Vote
The cryptocurrency industry has formed Defend Developers PAC to back incumbent lawmakers supporting developer liability protections in the CLARITY Act. The PAC's launch signals the industry views developer safeguards as critical enough to warrant dedicated political spending ahead of midterm...
RegulationHadi Ghadban
Crypto-Backed Candidate Defeats Stripe Engineer in California Congressional Race
A candidate backed by Ripple co-founder Chris Larsen defeated Saikat Chakrabarti, a former Stripe engineer, in the race for Nancy Pelosi's California congressional seat. The outcome signals growing political clout of cryptocurrency industry donors in high-stakes U.S. elections.
RegulationHadi Ghadban
UK FCA Warns Premier League Clubs Against Unauthorized Crypto Sponsorship Deals
The UK Financial Conduct Authority has warned Premier League football clubs to scrutinize cryptocurrency sponsorship deals with unauthorized firms, citing exposure to unregulated trading platforms and financial crime risks. The warning arrives eight days before the FIFA World Cup 2026.
RegulationHadi Ghadban
Former Congressman Santos Referred to DOJ and CFTC Over Kalshi Trades
George Santos, the pardoned ex-congressman from New York, has been referred to both the Department of Justice and the Commodity Futures Trading Commission for investigation into trades he allegedly placed on Kalshi, a CFTC-regulated prediction market platform.
RegulationHadi Ghadban
Coinbase Invests in ProShares IQMM ETF to Support Stablecoin Compliance
Coinbase has invested in ProShares' IQMM Money Market ETF to support stablecoin issuers navigating new regulatory reserve requirements under the GENIUS Act. The $22 billion fund holds short-term Treasurys and cash equivalents, positioning Coinbase as a compliance-first platform in the stablecoin...
RegulationBlockchain Academics Newsroom
CFTC Chair Seeks to Reverse Gemini's $5M Settlement Over Political Bias Claims
CFTC Chair Michael Selig has moved to reverse parts of Gemini's January 2025 enforcement order, including a $5 million settlement, alleging the original action was politically motivated under the Biden administration.
RegulationBlockchain Academics Newsroom
Binance Relaunches US Stock Trading with Tokenized bStocks After Five-Year Hiatus
Binance has opened zero-commission equities trading to 7,000+ US stocks and ETFs for eligible non-US users, marking the exchange's return to stock tokenization five years after withdrawing synthetic stock tokens under regulatory pressure.
RegulationHadi Ghadban
Coinbase Re-Enters India with Direct INR Banking and Futures Trading
Coinbase has officially returned to the Indian market with direct Indian rupee banking rails through IMPS, offering spot trading and perpetual futures with zero deposit fees. The move eliminates reliance on peer-to-peer intermediaries and signals a thaw in India's regulatory environment.
RegulationBlockchain Academics Newsroom
Argentine Prosecutors Arrest 24 in $8M USDT Fraud Crackdown
Argentine prosecutors have dismantled three organized fraud rings, arresting 24 individuals and seizing over $8 million in USDT in the province's largest cryptocurrency seizure to date.
RegulationBlockchain Academics Newsroom
SEC Chair Atkins Confident CLARITY Act Will Pass Congress
SEC Chair Paul Atkins expressed confidence that the CLARITY Act will pass Congress and receive presidential approval, marking a significant shift toward clearer federal regulation of digital assets and a departure from the enforcement-heavy approach of his predecessor.
RegulationBlockchain Academics Newsroom
Celsius Founder Mashinsky Seeks to Vacate 12-Year Fraud Sentence
Celsius founder Alex Mashinsky has filed to vacate his 12-year fraud sentence, claiming a legal conflict tied to Sam Bankman-Fried's case creates grounds for appeal. The filing raises questions about how courts will handle overlapping legal proceedings in crypto enforcement.
RegulationHadi Ghadban
Jamie Dimon Leads Banking Coalition Against CLARITY Act Stablecoin Rewards
JPMorgan Chase CEO Jamie Dimon has publicly committed to leading banking industry opposition against the CLARITY Act, escalating the regulatory battle over stablecoin design. The core dispute centers on provisions that would allow stablecoin issuers to offer rewards to users.
RegulationHadi Ghadban
Ripple CEO Says Trump Victory Marks Shift Away From 'Anti-Crypto' Policies
Ripple CEO Brad Garlinghouse characterizes Trump's recent crypto statements as a defeat for the "anti-crypto army" of the Biden administration, signaling potential policy shifts. However, converting political rhetoric into concrete regulatory change requires Congressional action and agency...
RegulationBlockchain Academics Newsroom
JPMorgan to Fight CLARITY Act Stablecoin Provisions
JPMorgan CEO Jamie Dimon announced the bank will actively oppose the CLARITY Act, demanding stablecoin issuers face identical regulatory requirements as traditional banks. The conflict centers on reward provisions Dimon views as unfairly advantageous to crypto platforms.
RegulationBlockchain Academics Newsroom
CFTC Approves First U.S.-Regulated Bitcoin Perpetual Futures
The CFTC approved the first bitcoin perpetual futures contract to trade on a U.S.-registered exchange on May 29, 2026, ending a decade-long gap that forced American traders offshore for leverage exposure.
RegulationHadi Ghadban