Crypto

Revolut plans to invest over $1 billion in France, establish an EU headquarters in Paris and apply for a local banking license as it targets rapid expansion in its largest market. Revolut, a European neobank with crypto support, plans to invest more than 1 billion euro ($1.1 billion) in France and apply for a local banking license. According to a May 19 Fortune report, Revolut representatives announced the initiative during the Choose France business summit hosted by President Emmanuel Macron in Paris. The London-based neobank also plans to set up its new European Union-serving headquarters in Paris, promising to invest 1 billion euro and hire at least 200 people within three years. Revolut spokespeople also said that the firm is in the process of submitting an application to the French banking regulator Prudential Supervision and Resolution Authority. According to an anonymous source cited by Fortune, the regulator has been pushing the neobank to get a license to improve supervision due to its popularity in ...

VARA has introduced greater leverage controls and collateralization requirements through provisions in its Broker-Deal and Exchange Rulebooks

The sudden price gyrations wiped out over $460 million in long positions and $220 million in shorts, across futures tracking majors like ether (ETH), solana (SOL), and dogecoin (DOGE).

Rising deficits, reduced foreign demand, and investor unease over trade policy drive bond market turbulence and broader risk aversion.

The agreements follow Ripple securing a license from the Dubai Financial Services Authority (DFSA) in March.

Vitalik Buterin’s lightweight, local-first design for Ethereum could cut the 1.3TB storage load by syncing only the data users need.

The average purchase price for this latest tranche was $103,873 per bitcoin, according to a Monday disclosure.

Rittenhouse Research, a new firm covering fintech, AI, and crypto, is giving GLXY a strong buy rating because of its BTC mining to AI transition

El Salvador now holds 6,181 BTC worth $644M, up $137M in a month, ranking just behind the U.S., China, U.K., Ukraine, and Bhutan.

Attackers reportedly tried bribing support agents, but Binance and Kraken’s internal systems blocked the attempts.

The music icon joins industry pushback against a proposed law allowing AI training on creative works without explicit permission.

The Australian man's assets were seized under proceeds of crime laws following an AFP probe into a major crypto hack from 2013.

Pepe, WIF, BONK, and other meme coins are rallying again, buoyed by renewed market optimism and surging trading volumes.

The co-founder of Telegram-based crypto project Blum, Vladimir Smerkis, is in custody in Moscow over accusations that he committed large-scale fraud, TASS reports. Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project. The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep Smerkis in custody while he is being investigated, Russian state-owned news outlet TASS reported on May 18. Smerkis — who previously ran operations for Binance in Russia — is suspected of committing fraud on a “large scale,” pursuant to Article 159 of the Criminal Code of the Russian Federation, violations of which can result in imprisonment ranging from two to 12 years. Read more

Bitcoin nears record high as ETF inflows, macro uncertainty, and trade-driven inflation risks draw investor interest.

Social media platform Telegram founder Pavel Durov said he “flatly refused” the request of a Western European government to censor conservative political content. In a Telegram post on May 18, Durove wrote: “Telegram will not restrict the freedoms of Romanian users or block their political channels.” The demand for censorship came ahead of today’s scheduled […] The post Telegram founder ‘flatly refused’ to censor political content ahead of Romanian election appeared first on CryptoSlate.

Bitcoin’s weekend breakout above $105,000 has bulls hopeful for new all-time highs at some point this week. Which altcoins will follow? Key points: Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week. Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption.  Read more

New Russian Central Bank crypto regulations could effectively outlaw Tether (USDT) trading in the country, experts have explained. The post New Central Bank Crypto Rules ‘Will Ban USDT Trading in Russia’ appeared first on Cryptonews.

Amid a recent surge in physical threats to crypto investors with substantial holdings, firms that offer personal security services are seeing increasing demand. Amsterdam-based physical security and intelligence services provider Infinite Risks International’s managing director, Jethro Pijlman, told Bloomberg: “We’ve had more inquiries, more long-term clients, and more proactive requests from crypto investors who don’t […] The post Crypto investors are ramping up personal security as physical attacks surge: Report appeared first on CryptoSlate.

Tornado Cash developer Roman Storm's defense cited the same set of FinCEN documents used by the Samourai Wallet developers' legal team. Attorneys for Tornado Cash developer Roman Storm filed a motion asking the court to reconsider the motion to dismiss the case due to the prosecution withholding exculpatory evidence in the form of communications with the Financial Crimes Enforcement Network (FinCEN) dating back to 2023. According to a May 16 letter from Storm's attorneys to Judge Katherine Polk Failla, the FinCEN documents show that non-custodial crypto mixers do not fall under the legal definition of a "money transmitting business" and that prosecutors have known this since at least 2023. Despite having knowledge of the FinCEN guidance on crypto mixers, state prosecutors still proceeded with cases against the Samourai Wallet developers and Tornado Cash, the attorneys alleged. Read more