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Dubai’s Virtual Assets Regulatory Authority (VARA) published detailed guidance on Thursday that clarifies how token issuers should structure, disclose and distribute virtual assets in the emirate, sharpening rules for stablecoins and real-world asset (RWA) tokens. The document, which interprets VARA’s existing Virtual Asset Issuance Rulebook rather than creating new law, sets out three distinct issuance

South Korean crypto exchange Bithumb has begun legal proceedings to recover 7 Bitcoin still missing from a payout error that saw 620,000 BTC mistakenly distributed during a promotional event in February. The exchange has filed for a provisional attachment, a court-approved measure that freezes assets ahead of a civil lawsuit, targeting users who have yet

Bored Ape Yacht Club creator Yuga Labs has settled its long-running lawsuit with a pair of artists accused of profiting off lookalike NFTs. According to documents filed in the District Court for the Central District of California on Tuesday, Yuga Labs and artists Ryder Ripps and Jeremy Cahen told the court they had reached a

Asset management firm Canary Capital is looking to launch a spot exchange-traded fund (ETF) tied to the PEPE memecoin.  On Wednesday, Canary filed a Form S-1 for the CANARY PEPE ETF with the US Securities and Exchange Commission. The ETF would track the performance of Pepe (PEPE), with all of the trust’s PEPE held by

The US Court of Appeals for the DC Circuit rejected Anthropic’s request to pause a Pentagon designation labeling the firm a national security supply chain risk. The three-judge panel denied the emergency motion for a stay on Wednesday, ruling that the government’s interest in controlling how it secures AI technology during active military conflict outweighed

Just 0.015% of Polymarket traders can reliably make $5,000 or more a month, according to new data, meaning the idea of quitting a full-time job to trade prediction markets is unrealistic for most. Data from crypto analyst Andrey Sergeenkov on Monday found that while nearly 1% of Polymarket traders earned more than $5,000 in a

Blockchain analysis firm Chainalysis estimates that stablecoin volumes could hit $1.5 quadrillion within the next decade, potentially exceeding current estimates of global cross-border payment volumes. In a report on Wednesday, the Chainalysis team said that adjusted stablecoin volume could hit $719 trillion by 2035 just through organic growth, up from $28 trillion in 2025. This

US Federal Reserve members were split on whether the war in the Middle East could spur further interest rate cuts before the end of 2026, according to minutes from the Federal Open Market Committee’s (FOMC) March meeting. On Wednesday, the Fed released minutes from its last FOMC meeting on March 17 and 18. The meeting

Credit card giant Visa has ventured further into the agentic AI payments race, announcing a new platform on Wednesday to help businesses participate in AI-driven commerce. In a statement on Wednesday, Visa described Intelligent Commerce Connect as a network, protocol, and “token vault-agnostic ‘on-ramp’” to agentic commerce for AI agent builders and merchants. The system

A group of North Korean IT workers made more than $3.5 million in just a few months by faking their identities to work as developers while also attempting to hack crypto projects, according to documents obtained by a hacker who compromised one of their devices. The leaked data obtained by the unnamed hacker was shared