News
Editorial-quality coverage of global financial markets, policy, and macro trends.
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Eurojust Shuts Down Crypto Service AudiA6
Eurojust has dismantled the AudiA6 crypto service, linked to over €336 million in money laundering, with arrests and significant seizures made across multiple countries.
Mercation Admin1 min - Crypto
Gary Gensler, Former SEC and CFTC Chair, Contests Prediction Markets' Authority
Gary Gensler, former SEC and CFTC chair, argues that prediction markets should not supersede state regulations on sports betting, highlighting legal conflicts around jurisdiction.
Mercation Admin6 min - News
Ripple's Brad Garlinghouse Critiques Jamie Dimon's Stance on Clarity Act
Ripple's CEO Brad Garlinghouse criticized JPMorgan's Jamie Dimon for his unclear motives regarding the Clarity Act, which seeks to regulate the crypto industry in the U.S.
Mercation Admin2 min - Crypto
Coinbase Unveils AI Trading Tool for Cryptocurrency Transactions
Coinbase has launched Coinbase for Agents, a tool enabling AI agents to trade cryptocurrencies and manage portfolios for users, marking a significant leap in AI-driven financial transactions.
Mercation Admin2 min - News
Crypto Platforms Expand Access to SpaceX's $1.75 Trillion IPO
Crypto platforms are offering new ways for investors to access SpaceX's upcoming $1.75 trillion IPO, bypassing traditional brokerage limitations.
Mercation Admin2 min - News
Former xAI Engineer Files Lawsuit Against Elon Musk's xAI Over Safety Concerns
Devin Kim, a former xAI engineer, has filed a lawsuit claiming wrongful termination after raising safety concerns about the Grok AI chatbot.
Mercation Admin3 min - News
Authorities Arrest Two in AudiA6 Bitcoin Money Laundering Case
Authorities have arrested two men in Georgia for laundering $389 million in Bitcoin through the AudiA6 organization, which was involved in illicit activities.
Mercation Admin2 min - News
Banking Groups Advocate for Stablecoin Regulations in Secondary Markets
U.S. banking groups are urging regulators to extend AML rules for stablecoins to cover secondary market transactions, emphasizing the need for clarity and flexibility in oversight.
Mercation Admin3 min - Crypto
IMF Urges Nepal to Legalize Cryptocurrencies
The IMF has urged Nepal to legalize cryptocurrencies, highlighting a significant rise in their usage despite a national ban.
Mercation Admin1 min - News
U.S. House Proposes New Task Force to Combat Crypto Theft
A new bipartisan bill in the U.S. House seeks to create a federal task force to lead investigations into cryptocurrency theft, involving multiple federal agencies.
Mercation Admin4 min - Crypto
Five Wallets Opened Large Shorts on ZEC Before Vulnerability Discovery
Five major short positions on ZEC were opened just before a critical vulnerability was discovered, leading to a significant price drop.
Mercation Admin1 min - Crypto
Japan's Lower House Approves Recognition of Crypto Assets as Financial Instruments
Japan's lower house has approved a bill to regulate crypto assets as financial instruments, introducing stricter trading rules and potential tax reductions.
Mercation Admin1 min