Bitcoin adoption is transforming financial access in Kibera, providing residents with greater economic independence and enhanced transaction security in a cash-based economy.

Kenya’s proposed 1.5% crypto tax risks undermining its fintech leadership, potentially driving startups and talent abroad and slowing Africa’s digital integration.

Following an 18-month probe, Australian authorities charged four people in a suspected $123 million laundering scheme that used a Gold Coast security firm to funnel funds into crypto. Police seized $13 million in assets, including property and vehicles, across two states.

AI is swiftly replacing white-collar jobs, with tens of thousands cut in 2025 alone. Up to 80% of tasks may soon be automated, and experts warn AGI could trigger mass unemployment across all sectors.

The US DOJ has seized $7.74 million laundered by North Korean operatives who used stolen US identities to secure remote blockchain jobs and bypass KYC checks. The funds were funnelled back to support the regime’s weapons programme.

On 9 June, the SEC will host a roundtable to explore how DeFi aligns with current regulations, focusing on tokenisation, custody, and market integrity. The event aims to balance innovation with compliance, with input from the public and industry leaders like SegMint and BlackRock.

Meta’s Oversight Board criticised the company for not removing a deepfake ad of Brazilian footballer Ronaldo Nazário, highlighting weak enforcement of anti-fraud rules. The ad promoted a misleading online game, raising concerns about Meta’s inconsistent handling of AI-generated fraud.

Poșta Română, Romania’s largest postal service, will install Bitcoin ATMs and crypto terminals as part of its drive to modernise through digital innovation and connect public services with emerging financial technologies.

World Liberty Financial issued a cease-and-desist against the $TRUMP Wallet, escalating tensions in the Trump family’s crypto sphere. The wallet’s site went dark Thursday, and Magic Eden’s ME token plunged, highlighting market sensitivity to branding disputes tied to Trump ventures.

US authorities seized 145 domains and crypto linked to BidenCash, a dark web marketplace accused of selling over 15 million stolen credit cards and earning $17 million. The site promoted itself by leaking card data to attract cybercriminals.