Crypto’s Next Big Bet? Gibraltar Goes All-In on Prediction Markets

Gibraltar has introduced a dedicated regulatory framework for prediction markets as the sector expands into areas spanning gambling, finance and crypto. Its existing experience with digital assets could also become important as platforms adopt blockchain, stablecoins and other financial technology.

US Targets BitBank in Wider Push Against Iran’s Shadow Banking and...

The U.S. Treasury has sanctioned Iranian crypto exchange BitBank as part of a broader campaign against Iran’s financial networks. The action connects alleged Bitcoin transfers to the IRGC with a wider enforcement push spanning crypto exchanges, stablecoins, shadow banking intermediaries and foreign banks.

CFTC Extends Phantom-Style Broker Relief to More Crypto Wallets

The CFTC has expanded no-action relief previously granted to Phantom, opening the same conditional pathway to other qualifying passive software providers. Eligible wallets and apps can connect users with regulated derivatives markets without registering as introducing brokers if they meet the agency’s conditions.

Hackers Demand $3 Million From Revolut or Threaten to Sell Data

A group calling itself IAmNotAVillain is demanding $3 million in Monero after sensitive Revolut customer data was obtained through fraudulent government requests. Revolut says the group has not contacted the company directly, while competing claims have complicated who is behind the breach.

UK Freezes £10M Reportedly Linked to Premier League Deal With Sorare

UK authorities have frozen £10.024 million held in a Premier League account and reportedly linked to its former partnership with Sorare. The order keeps the funds in place during an investigation but does not establish wrongdoing by either organization.