AUSTRAC Suspends Cryptolink and Shuts Down 96 Crypto ATMs
AUSTRAC has suspended Cryptolink’s registration for three months, forcing 96 crypto ATMs in Australia offline over AML reporting failures. The move follows earlier compliance action in 2025.
Hedge Funds Turn Net Long on Bitcoin Futures Amid Weak Spot Demand
Hedge funds have shifted to a net long position in Bitcoin futures on the CME. However, US spot demand and overall futures open interest remain subdued.
US Sanctions Target Iranian Crypto Exchanges Over IRGC Links
The US Treasury sanctioned Iranian exchanges Shelbit and Aban Tether over alleged crypto transfers linked to the IRGC. The action extends existing financial sector restrictions.
Wirex BaaS Surpasses $2B Annualised Volume in 110 Days
Wirex BaaS has surpassed $2 billion in annualised onchain card spend within 110 days of hitting its first $1 billion milestone. The company reports rising stablecoin settlement and more than 70 partners since launch.
Deutsche Telekom to Operate SphereNet Validator for AI Payments
Deutsche Telekom will run a validator node for SphereNet from testnet through its planned 2027 mainnet launch. The network aims to embed compliance checks into AI-driven blockchain payments.
Bitget Signs Cooperation Deal in Bhutan for Licensed Presence
Bitget has signed a cooperation agreement with the Gelephu Mindfulness City Authority in Bhutan. The exchange plans to apply for a Financial Services Licence under the local regulatory framework.
Binance-Affiliated Firms Sue RedotPay Founders for $472.8 Million
Binance-affiliated companies are suing RedotPay’s founders for $472.8 million over disputed card top-ups and alleged user diversion. Parallel cases are under way in Hong Kong and Singapore.
MoonPay Integrates TRON for Gasless Stablecoin Transactions
MoonPay has integrated the TRON network into its Trade infrastructure, allowing users to transact without holding TRX for gas fees. The update applies across the TRON ecosystem, including SunSwap and JustLend.
Bitget to Exit Japan With Phased Account Closures by End of 2026
Bitget will withdraw from Japan, requiring account verification by November 1, 2026 and closing remaining positions by December 31, 2026.
$676M Moved From Iran-Linked Shelbit to Binance
At least $676 million in crypto moved from Dubai-based Shelbit to Binance since May 2024, according to Reuters. Regulators in Dubai have cited anti money laundering and terrorism financing laws.