Europe’s MiCA regime puts smaller crypto firms under pressure
Smaller crypto companies across Europe face mounting compliance costs as MiCA moves from framework to enforcement, raising fears of market consolidation.
Russia advances crypto bill that could pave way for criminal penalties
Russian lawmakers passed a first reading of a bill regulating crypto through licensed intermediaries, with key rules set to take effect in July 2026 and 2027.
Coinbase shifts New York prediction markets fight to federal court
Coinbase legal chief Paul Grewal says the company removed New York’s prediction markets lawsuit to federal court, setting up a sharper fight over CFTC authority and state gambling laws.
Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit
Volo Protocol has confirmed a $3.5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation.
Uzbekistan creates state-backed crypto mining zone with tax breaks
Uzbekistan has created a supervised crypto mining zone in Karakalpakstan, allowing foreign sales while requiring proceeds to flow through local bank accounts.