Gemini, the crypto exchange founded by the Winklevoss brothers, exits international markets, downsizes, and now bets on prediction markets, a booming sector, with a risky but strategic wager.
The debate over online age verification intensified this week after Telegram co-founder Pavel Durov criticized Spain’s proposal to restrict social media access for users under 16. Spanish officials say the measure is designed to protect children online, but critics argue it could expand government surveillance and erode digital privacy. The plan has drawn particular concern from the public, who warn of broader consequences for anonymous communication online.
Tether has quietly become one of the world’s largest private holders of physical gold. The issuer of the world’s biggest stablecoin is buying bullion at a pace that now rivals national governments. Executives say the strategy is driven by rising concerns over monetary stability and declining confidence in paper-based assets. The expanding gold reserves also reinforce the backing of Tether’s gold-linked products.
European regulators are increasing pressure on TikTok to strengthen how it verifies the age of its users. In response, the video platform is introducing a new system designed to better detect accounts run by children under 13 and remove them when necessary. According to reports, the rollout will begin in Europe in phases over the coming months, following a year of testing.
When tokens want to play treasury bonds, the BIS panics. Crypto-confidence or crypto-catastrophe? Finance views stablecoins as a Pandora's box ready to open.
A recent survey conducted by Independent Reserve reveals that only one third of Australians consider Donald Trump a positive figure for the cryptocurrency sector, despite the significant rise in Bitcoin since his election. This study comes at a time when Trump’s pro-crypto promises are reshaping the American digital landscape.
The ownership of Bitcoin has been the subject of debate and legal battles for several years. London judges potentially have the opportunity to definitively settle the matter. In any case, a trial has opened for this purpose in the capital of the United Kingdom. It pits Craig Wright against a representative entity of the crypto sector.
Australia's leaders have begun to reduce the number of banknotes in circulation in the country. This brings to an end more than 60 years of reign by greenbacks and pennies, which will gradually have to give way to digital money. What substitute for cash: bitcoin, other cryptocurrencies or CBDC? Let's find out!
Australian bank Westpac has banned its clients from depositing money into Binance. Another blow for CZ given the ongoing lawsuits by the CFTC in the United States.