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Futu and Up Fintech shares crater as China launches sweeping crackdown on cross-border trading

China's crackdown on cross-border trading highlights its commitment to capital control, potentially reshaping global investment dynamics. The post Futu and Up Fintech shares crater as China launches sweeping crackdown on…

Continue ReadingFutu and Up Fintech shares crater as China launches sweeping crackdown on cross-border trading

Iran seeks access to $6B in frozen funds amid US negotiations, complicating crypto sanctions landscape

US-Iran negotiations could reshape crypto regulations, intensifying scrutiny on digital assets and impacting global financial compliance norms. The post Iran seeks access to $6B in frozen funds amid US negotiations,…

Continue ReadingIran seeks access to $6B in frozen funds amid US negotiations, complicating crypto sanctions landscape

Indonesia Blocks Polymarket After Users Bet on Prabowo Leaving Office Before 2029

Indonesia has blocked access to the crypto-based prediction market platform Polymarket after the site opened a betting market on whether President Prabowo Subianto would leave office before his term ends…

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Indonesia bans Polymarket after bets on President Prabowo’s early exit spark gambling crackdown

Polymarket has been banned in Indonesia following controversy around bets predicting an early end to President Prabowo's presidency. The post Indonesia bans Polymarket after bets on President Prabowo’s early exit…

Continue ReadingIndonesia bans Polymarket after bets on President Prabowo’s early exit spark gambling crackdown