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EBA Assumes Direct Supervisory Responsibilities for USDC Under MiCA
The European Banking Authority (EBA) has assumed direct supervisory responsibilities for key aspects of USDC, the dollar-backed stablecoin issued in the European Union by Circle Internet Financial Europe SAS. The new arrangement took effect on 12 November 2026, following the EBA’s decision to classify USDC as the European Union’s first significant e-money token (EMT) under the Markets in Crypto-Assets Regulation (MiCA). The classification was announced on 14 October 2026 and
11 minutes ago


South Korea to Allow Crypto Exchanges to Freeze Withdrawals When Hacking Is Suspected
South Korea’s Financial Services Commission (FSC) has announced emergency cybersecurity measures for cryptocurrency exchanges, including permission to suspend customer deposits and withdrawals when a hacking incident is suspected, rather than waiting until a breach has been conclusively established. The measures form part of a wider effort to strengthen the protection of digital assets following a series of cyberattacks and security incidents affecting financial institutions
32 minutes ago


EU Agrees to Expand Russia Sanctions, Targeting 50 Banks, Shadow Fleet and Disinformation Networks
European Union ambassadors have reached a preliminary agreement to impose new sanctions on 145 individuals and entities connected to Russia, in a significant expansion of the bloc’s efforts to restrict Moscow’s financial activities, disrupt its oil transportation networks and counter alleged disinformation and hybrid operations. The agreement, reached on Wednesday following discussions among representatives of the EU’s 27 member states, covers targets linked to Russia’s fin
23 hours ago
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Online Casino Gambling Drives Alberta’s New Regulated Market, Generating C$122.1 Million in First 80 Days
Alberta’s newly regulated online gambling market has made a strong start, generating C$122.1 million (approximately US$87.2 million) in non-adjusted gross gaming revenue (NAGGR) during its first 80 days of operation. Online casino games have emerged as the dominant segment, significantly outperforming sports betting as the province’s competitive iGaming market establishes itself. The figures highlight the rapid development of Alberta’s regulated online gambling sector follo


Former Labour Candidate Accuses Gambling Commission of Interfering in Democratic Election and Calls for Parliamentary Inquiry
Former Labour parliamentary candidate Kevin Craig has accused the UK Gambling Commission of undermining the democratic process by investigating a political bet he placed during the 2024 general election campaign. Craig claims that the regulator's actions, combined with the subsequent disclosure of its investigation to the media, damaged his electoral prospects and potentially changed the outcome of the contest in Central Suffolk and North Ipswich. Craig, who was suspended


EBA Assumes Direct Supervisory Responsibilities for USDC Under MiCA
The European Banking Authority (EBA) has assumed direct supervisory responsibilities for key aspects of USDC, the dollar-backed stablecoin issued in the European Union by Circle Internet Financial Europe SAS. The new arrangement took effect on 12 November 2026, following the EBA’s decision to classify USDC as the European Union’s first significant e-money token (EMT) under the Markets in Crypto-Assets Regulation (MiCA). The classification was announced on 14 October 2026 and


South Korea to Allow Crypto Exchanges to Freeze Withdrawals When Hacking Is Suspected
South Korea’s Financial Services Commission (FSC) has announced emergency cybersecurity measures for cryptocurrency exchanges, including permission to suspend customer deposits and withdrawals when a hacking incident is suspected, rather than waiting until a breach has been conclusively established. The measures form part of a wider effort to strengthen the protection of digital assets following a series of cyberattacks and security incidents affecting financial institutions
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