Romania blacklists Polymarket for illegal crypto betting amid $600M election wagers

Romania blacklists Polymarket for illegal crypto betting amid 0M election wagers

Romania blacklists Polymarket for illegal crypto betting amid $600M election wagers

Admin8 months ago02 mins

Polymarket’s ban in Romania follows similar crackdowns in the US, France, Belgium, Poland, Singapore and Thailand, where regulators cited unlicensed gambling activity. Romania’s National Office for Gambling (ONJN) has blacklisted leading prediction market Polymarket, calling it an unlicensed gambling platform operating outside state oversight. The decision follows what regulators described as a surge in crypto-based…

Malaysia’s central bank sets three-year roadmap to pilot asset tokenization

Admin8 months ago02 mins

BNM’s tokenization roadmap aims to focus on real-world use cases such as SME supply chain financing, Shariah-compliant Islamic products, green finance and 24/7 cross-border payments. Bank Negara Malaysia (BNM), the country’s central bank, has unveiled a three-year roadmap to explore and test asset tokenization across the financial sector. Under the initiative, BNM will launch proof-of-concept…

Solana ETFs see inflows for 4th consecutive day amid ‘capital rotation’ from Bitcoin, Ether funds

Admin8 months ago02 mins

Kronos Research’s Vincent Liu expects Solana ETF inflows to continue next week, noting that rotation from Bitcoin and Ether will likely persist. Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL)…

Ethereum fees hover near pennies as daily transactions top 1.6M

Admin8 months ago02 mins

Ethereum transaction fees remain at near all-time lows despite peak network activity that saw daily transactions top 1.6 million for the first time since October’s market crash. Despite growing blockchain activity on Ethereum, gas fees on the world’s largest smart contract network remain near historic lows, signaling a more mature and scalable infrastructure ready for…

Solana ETFs finally launched: So why isn’t SOL trading far above 0?

Solana ETFs finally launched: So why isn’t SOL trading far above $200?

Admin8 months ago01 mins

SOL investors bet on an ETF approval and set price targets from $300 to $1,000. The ETFs are live now, but Solana price still trades below $200. Did traders sell the news? Key points: SOL remains pinned below $200 even as Solana ETF daily trading volumes impressed analysts. Analysts say SOL price action could mirror…

Telegram’s Pavel Durov unveils decentralized AI network built on TON

Admin8 months ago02 mins

The new project, dubbed Cocoon, aims to give users access to AI tools without surrendering their data to centralized providers. Pavel Durov, co-founder of the messaging application Telegram, has disclosed a new decentralized AI network to be built atop The Open Network (TON), an independent layer-1 blockchain associated with Telegram. Durov took the stage at…

Crypto ETP season? Safello, Deutsche Bank to launch first TAO ETP on SIX Swiss Exchange

Admin8 months ago02 mins

Safello’s TAO ETP joins a new wave of crypto ETFs hitting global markets, with fresh Solana, Litecoin and Hedera fund launches across the US and Hong Kong. Nordic crypto exchange Safello is entering the exchange-traded product market with the launch of the first-ever Bittensor (TAO) ETP, developed in partnership with Deutsche Digital Assets (DDA), a…

South Korea’s bank-first stablecoin approach lacks logic, says Kaia chair

Admin8 months ago02 mins

The Bank of Korea should make clear rules for stablecoin issuers, allowing banks and non-banks to issue the tokens, says Kaia DLT Foundation chair Dr. Sangmin Seo. The Bank of Korea’s push for the banking sector to lead the rollout of won-denominated stablecoins lacks logic, says Dr. Sangmin Seo, the chair of the Kaia DLT…

Western Union picks Solana for its stablecoin and crypto network

Admin8 months ago02 mins

Western Union has selected Solana for its Digital Asset Network and USDPT stablecoin, which it expects to be rolled out in the first half of 2026. Financial services company Western Union has said its forthcoming stablecoin settlement system will use the Solana blockchain. Announced during the company’s third-quarter earnings call last week, the stablecoin system…

OceanPal raises 0M to build NEAR token treasury company

OceanPal raises $120M to build NEAR token treasury company

Admin8 months ago02 mins

The new company will use NEAR’s blockchain and NVIDIA technology to build privacy-preserving AI infrastructure, while offering exposure to the NEAR token. Nasdaq-listed OceanPal Inc. has raised $120 million through a private investment in public equity deal to launch SovereignAI, a new subsidiary focused on commercializing the NEAR Protocol and developing AI infrastructure. According to…