Binance Disputes DOJ Memo on US Law Enforcement Cooperation
Binance rejects claims that it will scale back cooperation with US authorities after a reported DOJ memo. The exchange cites a possible misreading of its ADGM licensing obligations.
DDSC Approved for VARA Exchanges in UAE
DDSC has received Central Bank approval to partner with selected VARA-regulated exchanges in the UAE. The dirham-backed stablecoin has already processed over AED 150 million in transactions.
WEMIX Lists on Kraken, Expanding Access to Western Markets
WEMIX has been listed on Kraken with a USD trading pair. The move expands the gaming-focused Layer-1 token’s reach into Western markets.
Bitcoin Suisse Secures FSRA License in Abu Dhabi
Bitcoin Suisse subsidiary BTCS ME has received Financial Services Permission from ADGM’s FSRA, allowing it to provide regulated digital asset services to institutional clients in the UAE.
Legal | News | Regulation
Meta Discloses $1.4 Trillion Penalty Demand in US Youth Safety Case
California, Colorado, Kentucky, and New Jersey are seeking $1.4 trillion from Meta over alleged youth safety violations. The case is part of a broader 29 state trial under COPPA.
Summer.fi Halts Vaults After $6M Exploit, SUMR Drops 18%
Summer.fi suspended its Lazy Summer vaults after a $6 million exploit. The protocol’s SUMR token declined by more than 18% following the news.
RBI Pushes to Isolate Crypto From Banks in India
India’s central bank has asked lawmakers to legally separate cryptocurrencies from the banking system and prohibit their use in payments. Parliament is reviewing the proposal as part of a broader study on digital assets.
BitGo Cuts 15% of Staff to Refocus on Stablecoins and AI
BitGo is cutting nearly 15% of its staff following its January IPO. The company is shifting focus to stablecoins, institutional services and AI driven infrastructure.
Altura Winds Down Stablecoin Vault After $8.5M in Withdrawals
Altura has begun winding down its multi-strategy stablecoin vault after processing more than 8.5 million USDT in withdrawals in 24 hours. The firm cites sustained redemption demand and market sentiment.
Legal | News | Regulation
Binance Reportedly Faces MiCA License Rejection in Greece
Reuters reports that Greece’s regulator may reject Binance’s MiCA license application. Without approval, the exchange could lose access to the EU market after July 1, 2026.