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Michigan has ordered Kalshi to remove sports event contracts and faces the platform with potential daily fines of $500,000. The preliminary injunction remains active until a final order and includes a futures broker notice requirement.
CryptoSlate reports that qualifying Australian crypto firms have until Sept. 30 to secure the appropriate licence, file a notification or wind down operations to retain ASIC’s temporary no-action protection and avoid enforcement risk.
Thai businessmen are suing Tether over $42 million in frozen USDT tied to an alleged “pig butchering” scam. Australian crypto firms also face fines unless they meet a licensing deadline, Cointelegraph reported.
Thai businessmen are suing Tether over $42 million in USDT frozen in connection with an alleged pig-butchering scam. Cointelegraph also reported potential fines for Australian crypto firms that miss a licensing deadline.
A stronger yen is contributing to broad U.S. dollar weakness and a lower Dollar Index, a backdrop that is currently supporting bitcoin and gold, CoinDesk reports.
ASIC has recorded more than 45 digital asset license applications as Australia’s temporary enforcement relief approaches its Sept. 30 expiration. Unlicensed crypto firms could face fines of up to 10% of annual turnover.
CrowdStrike and federal authorities disrupted Russia-based Sality malware, which allegedly redirected copied Bitcoin and Ethereum wallet addresses for eight years. More than 15,000 infected machines have been isolated.
Thai businessmen sued Tether over its freezing of $42 million tied to a $61 million pig-butchering case. They did not dispute involvement in the scam but argued that Tether lacked authority to freeze the funds.
Capital B aims to add 376 BTC to its treasury after an $8.8 million investment from Adam Back. The Euronext Growth Paris-listed firm issued 13,181,030 shares at €0.58 each, with four warrants per share.
Binance is offering eligible users physically settled options on more than 1,000 US equities. Binance handles access, Nest routes orders, and Alpaca executes, settles and safeguards the underlying shares.
Bitcoin begins September facing two potential headwinds: historically weak seasonal performance and renewed rate-hike risk. CoinDesk said the combination could threaten the cryptocurrency’s rally, without providing a price target or market forecast.
Japan’s Financial Services Agency requested a fiscal 2027 tax reform to exempt trust-type stablecoins from mandatory tax filings. Cointelegraph said the regulator expects the change to support their use as transaction tools.
