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US indicts crypto investor over alleged $20M fraud scheme

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Federal prosecutors allege the South Dakota investor used false promises to raise money, repaid earlier investors with new funds and laundered proceeds through crypto exchanges.

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UK sentences 2 hackers tied to $115M crypto ransom scheme

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The pair pleaded guilty after investigators linked them to the Scattered Spider cybercrime group, which US prosecutors say extorted dozens of companies.

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Stablecoin growth will erode bank deposits, says ECB’s Cipollone

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ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments.

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ESMA adds 14 new CASPs to MiCA register as licensing slows

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ESMA adds 14 CASPs to its MiCA register, with banks and Ripple Payments Europe among the new entries as total providers reach 294.

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