FCA takes legal action against crypto exchange The UK Financial Conduct Authority has filed a lawsuit against cryptocurrency exchange HTX in London’s High Court. The regulatory body claims the exchange violated financial rules by promoting crypto asset services to UK consumers without proper authorization. According to Bloomberg’s report, the FCA specifically accused HTX of breaching…
Rapid Growth Raises Regulatory Alarms Australia’s crypto ATM market has exploded in recent years, growing from just 23 machines in 2019 to over 2,000 today. This rapid expansion has caught the attention of financial regulators who are increasingly worried about how these machines are being used. The numbers are pretty staggering when you look at…
New York City Embraces Digital Assets Mayor Eric Adams has established a municipal Office of Digital Assets and Blockchain Technology through an executive order. The move comes during the final months of his term, which ends in January 2026. Moises Rendon, who has served as the city’s digital assets and blockchain policy adviser since April…
Musk’s Energy-Based Bitcoin Perspective Tesla CEO Elon Musk has made another statement about Bitcoin, this time focusing on its fundamental relationship with energy. In a recent post on X, Musk responded to financial news site ZeroHedge’s analysis about artificial intelligence driving a new global arms race between the US and China. ZeroHedge had argued that…
The Complex Battle for Digital Assets Chinese investors are facing an uphill battle to reclaim 61,000 bitcoins seized by British authorities, a case that’s become much more complicated than anyone initially expected. What started as a straightforward fraud recovery has turned into a landmark legal test about digital property rights across international borders. The core…
