Revolut eyes French license and $1.1B expansion amid EU growth
Revolut plans to invest $1.1B in France, apply for a banking license, and establish its EU headquarters in Paris, aiming to expand its customer base and services in the region.
Judge Torres Shatters SEC-Ripple Deal, Stirring Turmoil in Crypto Regulation
Judge Torres rejected the SEC-Ripple settlement as procedurally improper, prolonging their legal battle. Ripple continues expanding globally while the SEC shifts toward crypto-friendly policies under new leadership.
What’s Happening With Coinbase: Wave of Lawsuits After Data Breaches | CoinGape
Coinbase faces multiple lawsuits following a May 15 data breach where attackers bribed staff to access customer data, compromising personal information and transaction history.
Dubai’s VARA Increases Leverage Controls on Crypto Margin Trading in Trading Rulebook Update
Dubai’s VARA updates crypto trading rules, tightening leverage controls and collateral requirements to align with global standards and enhance oversight of broker-dealers and wallets.
Luxury Seized: Bitcoin From Exchange Hack Triggers Aussie Mansion Bust | Bitcoinist.com
Australian authorities seized 25 Bitcoin, a mansion, and a Mercedes from a Queensland man linked to a 2013 French exchange hack. Assets worth $2.88M were forfeited under civil laws to fund crime prevention.
EU Fintech Trade Republic Secures Full MiCA License From Germany’s BaFin
Trade Republic, a major EU fintech, obtained a full MiCA license from Germany’s BaFin, enabling crypto custody and services across 30 EEA states. Germany leads with 36% of EU MiCA licenses issued.
Blum Co-founder Vladimir Smerkis Detained in Russia on Fraud Charges
Vladimir Smerkis, Blum co-founder, was detained in Russia on fraud charges tied to past crypto ventures. Blum confirmed his departure, assuring continued operations amid community concerns over the BLUM airdrop.
LIBRA Case Judge Unseals Bank Records, While Milei Fails to Attend Civil Hearing
Argentine judge unseals bank records of President Milei and his sister in the LIBRA cryptocurrency fraud probe, while they miss a civil hearing. Assets of key figures are frozen amid $4.5M investor losses.
Crypto Executives Hire Bodyguards Amid Surge in Kidnapping Threats
Crypto executives are increasingly hiring bodyguards due to rising kidnapping threats, particularly in France. Authorities have introduced emergency measures, including security briefings and police support, following several high-profile cases.
Australian Police Seize Hacker’s Bitcoin, Mansion and Luxury Car – Legal Bitcoin News
Australian police confiscated 25 bitcoins, a luxury car, and a mansion from a convicted hacker who targeted an American gaming company, showcasing crypto asset seizures.
