Australia’s financial crime regulator has forced 96 Cryptolink crypto ATMs offline for three months after identifying renewed compliance failures. The suspension follows earlier enforcement over transaction reporting and anti-money laundering controls.
Key Takeaways
Cryptolink cannot operate its 96 crypto ATMs for three months.
AUSTRAC cited failures involving required transaction reports.
The…
SEC, CFTC Target Goliath Ventures Over $400M Crypto Ponzi
August 12, 2026
Federal regulators have targeted Goliath Ventures over an alleged crypto Ponzi scheme involving more than $400 million. The CFTC cites 1,600 customers, while the SEC alleges at least $425 million was raised from over 1,300 investors.
Key Takeaways
About 1,600 customers…
What Is FINMA? Why Crypto Firms Keep Flocking to Switzerland
August 12, 2026
Switzerland has turned financial regulation into a competitive machine, pairing the Swiss Financial Market Supervisory Authority, better known as FINMA, with specialized regulatory pathways that have helped make the country one of the world’s premier destinations for…
$2B Crypto Investor Harry Yeh Plunges to Death in Paraguay
August 11, 2026
Yeh fell to his death from the 30th floor of the Jade Park Building, one of the highest residential complexes located in Asuncion, Paraguay. Police are investigating whether Yeh, who was found totally naked and covered by a black bag, was alone at the time of his fall.
Key Takeaways
Quantum Fintech founder Harry Yeh died in Paraguay after a mysterious 30-story fall from his apartment.
Police…
North Korea-linked hacking group Kimsuky is building and testing an expanding arsenal of artificial intelligence (AI) tools that researchers say could eventually help automate phishing, analyze stolen data and sharpen malware development.
Key Takeaways
Kimsuky tested 3…
Strategy’s U.S. dollar reserve reached an all-time high of $4.65 billion after expanding more than fivefold in 2.5 months, while a 1,690 BTC sale highlighted bitcoin’s role in the company’s broader capital-management framework.
Key Takeaways
CEO Phong Le said the…
The Senate will hold a procedural vote on the CLARITY Act Sept. 15 after missing its August window, while the SEC advances a parallel crypto rulemaking agenda. Bitwise says the delay puts the bill in a “walking dead” state.
Key Takeaways
Senator Risch says the Senate will start the process of passing the CLARITY Act on Sept. 15.
SEC rules could bridge parts of Congress’ delayed crypto…
Senate Banking Committee minority staff say the Digital Asset Market Clarity Act fails five minimum standards, potentially leaving pensions exposed and failing to stop President Trump’s next $1.4 billion in crypto profits. A procedural Senate vote is set for Sept. 15.
Key…
Germany Mulls Bitcoin Critic Nagel’s Bid for ECB Presidency
August 10, 2026
Conversations in Berlin are taking place to decide whether Germany will support Joachim Nagel, the current president of the Bundesbank, in a potential bid for the Presidency of the ECB. Nagel, who would emerge as a dark horse, has a negative stance on bitcoin and crypto.
Key…
Dubai Duty Free has introduced Crypto.com Pay as a regulated digital payment option for eligible UAE residents, allowing customers to use their Crypto.com accounts at airport stores and online. The rollout integrates crypto-enabled payments into global travel retail.
Key Takeaways
Dubai Duty Free adds Crypto.com Pay across airports and online.
Customers can authorize payments through the…
