Crypto Regulation

Spain’s financial authority, the CNMV, has hit X with a €5 million fine for allowing unauthorized crypto promotions to run on its platform. The ads in question promoted Quantum AI, a company with no legal permission to offer investment services in Spain.

Travis Ford, the co-founder and CEO of Wolf Capital Crypto Trading LLC, has been sentenced to 5 years in prison in federal prison for operating a $9.4 million crypto investment scheme that defrauded nearly 2,800 investors, the U.S. Department of Justice announced on November 14.

Alibaba’s move to develop its own “stablecoin” marks one of the most intriguing pivots in China’s tightly policed digital-asset landscape. Rather than challenge Beijing’s monetary authority with a privately issued stablecoin—something regulators have aggressively shut down—the tech giant is experimenting with a blockchain-based deposit token that operates entirely within China’s existing financial architecture.

The U.S. Department of Justice has intensified its pursuit of North Korea’s state-backed hacking operations, launching a major forfeiture action against $15.1 million in stolen Tether (USDT) while simultaneously securing guilty pleas from five individuals who helped Pyongyang’s operatives embed themselves deep inside America’s corporate infrastructure.

When Congress unveiled more than 20,000 pages of Jeffrey Epstein’s private communications last week, few in the crypto world expected to find the disgraced financier at the center of early U.S. digital-asset policymaking.

The Czech National Bank (CNB) has taken its first tentative step into digital assets, announcing a $1 million purchase of Bitcoin, a U.S. dollar–pegged stablecoin and a tokenized bank deposit. While modest in size, the move marks a historic first for the country’s central bank and signals a growing recognition that global finance is shifting toward tokenized, blockchain-enabled infrastructure.

The United States has officially reopened after a record-breaking 43-day government shutdown — the longest in the nation’s history — restoring federal operations that had paralyzed the crypto industry for more than six weeks.

Singapore is escalating its warning to the global crypto industry: unstable stablecoins may be quietly endangering the broader economy. Speaking at the Singapore FinTech Festival, Monetary Authority of Singapore (MAS) Managing Director Chia Der Jiun warned that many unregulated stablecoins “have a patchy record of keeping their peg” — a flaw that could trigger wider financial stress if left unaddressed.

France has lifted the travel restrictions on Telegram founder Pavel Durov after holding him under nearly a year of judicial control—marking a partial victory for the tech entrepreneur who spent the past twelve months accused of enabling illicit content and criminal activity through his encrypted messaging platform.

After his failed attempt to defeat Sen. Elizabeth Warren for a senate seat last year, XRP lawyer John Deaton is back for another Massachusetts Senate bid—but this time, his biggest challenge may come from inside his own party.