Key Takeaways BofA survey found 20% of Americans call sports betting an investment; 40% of Gen Z do. Across all generations, event contracts were seen as more investment-like than betting. Bettors recovered under 75 cents per dollar every month from January through July. A Perception Gap Matching Industry Positioning The survey ran from March 24…
Key Takeaways Gemini secured a Major Payment Institution license from MAS. The license covers digital tokens and cross-border transfers. Gemini has served customers in Singapore since 2020. Gemini Clears Singapore’s Major Licensing Hurdle Retail and institutional customers in Singapore can continue accessing Gemini’s regulated digital asset services after the exchange cleared a major licensing hurdle….
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Philippine financial technology sector is taking its industry networking out of corporate boardrooms and onto running tracks and pickleball courts. FinTech Alliance PH has officially launched Sportstacular 2026, an ecosystem-wide wellness initiative supported by…
Key Takeaways Malone Lam pleaded guilty to participating in a RICO conspiracy. The network used deception and break-ins to drain crypto wallets. Members spent proceeds on cars worth up to $3.8 million and $500,000 nightclub nights. Malone Lam Admits Leading the Crypto Theft Enterprise Malone Lam, a 22-year-old Singaporean citizen and recent Miami resident, pleaded…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Live trading for the 2026 King’s Cup Global Invitational (KCGI) is officially underway, pitting 37,148 participants across 1,347 teams against each other for a share of a $3 million USDT prize pool. For the first…
Key Takeaways Park was convicted of three wire fraud and two bankruptcy fraud counts. Prosecutors said he hid millions in crypto before claiming only $0.34. Sentencing is set for Dec. 10, with decades in prison possible. Crypto Fortune Disappears From Bankruptcy Filings A federal jury in Alexandria convicted Jihoon Park, 52, on Sept. 8 of…
Key Takeaways Two crypto groups are seeking a preliminary injunction. The 0.2% tax applies to covered exchanges, transfers, and storage. Plaintiffs say companies face millions of dollars in compliance costs. Crypto Groups Race to Stop Tax Before Illinois Users Pay Illinois crypto users could soon owe tax for moving or storing digital assets, even when…
Key Takeaways Iran’s crypto activity hit roughly $10 billion in 2025 as trade is increasingly moving onchain in 2026. CCAF puts Iran at 0.12% of global bitcoin hashrate, far below Elliptic’s 4.5% estimate. Bessent’s Aug. 24 Operation Economic Outcast puts Iran’s crypto channels in the crosshairs. Digital Assets Take on a Bigger Role in Iran’s…
Key Takeaways Circle agreed to buy Tazapay for $400M, adding $25B+ in annual payment volume. With 60% of Tazapay volume using stablecoins, USDC could deepen its global payments footprint. Circle still needs regulatory approvals before the deal can close in 2027. Circle Pushes USDC Into 100+ Markets With Tazapay Acquisition Circle is making one of…
Key Takeaways Metamask will break from Consensys, with Joe Lubin taking the helm in 2026. Consensys’ $7 billion valuation puts serious weight behind the two-company split. Speculators think Consensys could revisit a U.S. IPO as early as 2027 after shelving earlier plans. Metamask Breaks Away as Lubin Takes the Helm Consensys Executive Chairman Joe Lubin…
