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Near the end of last year, FINTRAC fined crypto platform Cryptomus $126 million and crypto exchange KuCoin $14 million for a range of alleged violations. Canada's financial intelligence unit has revoked the registrations of 50 money services businesses (MSBs) so far this year, with 47 related to crypto, and the minister of finance said it

Visa’s crypto division launched a tool allowing AI agents to make same-day payments, just as Stripe-backed Tempo launched its blockchain and payments protocol. “Excited to share Visa CLI, the first experimental product from Visa Crypto Labs,” Cuy Sheffield, the head of Visa Crypto Labs, posted to X on Wednesday. A website for Visa CLI, meaning

Retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS). “Retail-driven exuberance,” increasingly channeled through exchange-traded funds (ETFs), “set the stage for outsize moves,” continuing the precious metal rally from 2025, reported the BIS

Block Inc., the firm behind payment platforms Square, Cash App and Afterpay, has quietly brought back a small portion of workers it laid off in late February with its transition to rely more on artificial intelligence. Multiple Block employees posted on LinkedIn this month that they had been offered a place to return to the

Crypto traders have become hopeful for a market rally after the US Federal Reserve held interest rates steady on Wednesday, according to crypto sentiment platform Santiment. However, analysts are split on whether a near-term market surge is a reliable signal for traders. “For now, traders are expecting a bullish relief rally in spite of no

XRP digital asset treasury Evernorth has submitted a key filing with the SEC, putting it a step closer to its goal of going public on the Nasdaq stock exchange.   The Ripple Labs-backed firm announced plans to go public in October through a merger with special purpose acquisition company (SPAC) Armada Acquisition Corp. II (Armada II).

Blockchain prediction markets platform Polymarket is acquiring Brahma, a crypto startup that provides decentralized finance (DeFi) infrastructure. “As part of this transition, our team will dedicate itself to evolving Polymarket’s stack and product suite,” Brahma stated in an announcement on Wednesday. Brahma, founded in 2021, says it has processed over $1 billion in volume and

A California court on Wednesday dismissed a Coinbase user’s attempt to block an IRS summons for his financial records, in at least the second such case in the past year to fail to reach trial.  Roger Metz filed a petition in the Northern District of California in May 2025 to quash an IRS summons ordering

Nasdaq has been given the regulatory green light to offer some tokenized stocks, which will trade alongside traditional securities on its exchange. The US Securities and Exchange Commission on Wednesday approved Nasdaq’s pilot proposal to support the trading of tokenized versions of stocks and other securities. Nasdaq first filed its proposal in September seeking to

The Algorand Foundation, the organization behind the Algorand layer-1 blockchain, said it had made the “difficult decision” to reduce its headcount by 25% on Wednesday, citing the crypto slump and wider uncertainty. “This decision was not taken lightly and is in response to the uncertain global macro environment as well as the broader downturn in