Digital Asset
Intelligence

Compliance

UK financial watchdog weighs lifting prediction markets ban: Report

Summary: The UK’s Financial Conduct Authority (FCA) reportedly has reached out to prediction market companies as part of discussions over whether the regulator would loosen a ban for retail investors, in place since 2019. According to a Friday report from The Times, th

Joe Biden’s son to launch memecoin, will send to TRUMP holders: WSJ

Summary: Hunter Biden, son of former US President Joe Biden, announced that he plans to launch a memecoin based on the reports of his infamous laptop, which has been subject to intense media scrutiny. The basis for the memecoin’s namesake is Biden’s computer, whose exi

Harmony proposes shutting down layer 1, migrating ONE to Ethereum

Summary: Ethereum-compatible layer-1 network Harmony proposed sunsetting its blockchain and migrating its native ONE token to Ethereum, seven years after launching its mainnet. On Sunday, Harmony proposed taking a final network snapshot, issuing ERC-20 ONE tokens on Et

Poland upholds crypto bill veto as Zondacrypto scandal widens

Summary: Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market. The Sejm, Poland’s lower house of parliament, on Friday vo

Hargreaves Lansdown Reverses Course, Rolls Out Bitcoin Trading

Summary: British investment firm Hargreaves Lansdown last year said bitcoin was too volatile. British financial services firm Hargreaves Lansdown is letting retail investors buy bitcoin — nearly one year after it said the cryptocurrency was “not an asset class.&#

FinCEN ties $13B in crypto scams to non-US operations

Summary: An analysis from the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) identified $12.7 billion in crypto transactions “perpetrated by overseas scam centers.” According to a FinCEN report released on Thursday, an analysis of more th

El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF

Summary: El Salvador apparently received bitcoin from private donors rather than using government funds, according to the International Monetary Fund. El Salvador has not used public funds to accumulate bitcoin since the International Monetary Fund’s last review

Crypto Biz: AI took a back seat when Bitcoin started climbing

Summary: Crypto’s August rally put corporate conviction to the test. Bitcoin (BTC) miners that spent much of the crypto downturn courting AI investors are once again trading like leveraged bets on BTC, while Strategy and Strive are adding thousands more Bitcoin to thei

National Sheriffs’ Association Drops Opposition to Clarity Act

Summary: The law enforcement organization previously opposed the bill. The National Sheriffs’ Association this week dropped its opposition to the crypto Clarity Act, after having previously warned that the proposed bill could help criminals. Writing Thursday to S