Regulation
Latest news, analysis, and updates on Regulation from A47 News.
8 stories in Crypto · Updated live
K Bank and Ripple Launch Blockchain Remittance Partnership in South Korea
K Bank has announced a strategic partnership with Ripple to test blockchain technology for overseas remittances. This collaboration is triggered by South Korea's regulatory advancements in digital assets and aims to enhance the efficiency of cross-border transactions. The long-term implication is the potential establishment of faster and lower-cost remittance corridors between South Korea and the UAE, benefiting the Korean expatriate community and businesses in Dubai.
Polymarket seeks CFTC approval to reopen U.S. prediction markets after four-year ban
Polymarket is in discussions with the CFTC to lift a ban preventing U.S. users from accessing its platform. This move comes after a four-year prohibition that has limited its market presence in the U.S. If successful, Polymarket's return could reshape the landscape of prediction markets and increase regulatory oversight in the cryptocurrency sector.
Canada proposes nationwide ban on cryptocurrency ATMs to combat fraud
Canada has announced plans to ban cryptocurrency ATMs due to their involvement in scams and money laundering. This decision comes as law enforcement reports increasing losses linked to these machines, prompting the government to enhance regulatory oversight in the crypto sector. The long-term implication may lead to a significant shift in cryptocurrency transactions and investor behavior in Canada.
Federal Judge Denies Sam Bankman-Fried's Request for Retrial in FTX Fraud Case
A federal judge has rejected Sam Bankman-Fried's request for a retrial following his fraud conviction related to the collapse of FTX. The denial was based on the lack of new evidence, with the judge suggesting the request was more about improving Bankman-Fried's public image than seeking justice. This ruling may solidify Bankman-Fried's legal challenges and could lead to further appeals from his legal team.
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Federal Judge Denies Sam Bankman-Fried's Request for Retrial in FTX Fraud Case
A federal judge has rejected Sam Bankman-Fried's request for a retrial following his fraud conviction related to the collapse of FTX. The denial was based on the lack of new evidence, with the judge suggesting the request was more about improving Bankman-Fried's public image than seeking justice. This ruling may solidify Bankman-Fried's legal challenges and could lead to further appeals from his legal team.
Canada proposes nationwide ban on cryptocurrency ATMs to combat fraud
Canada has announced plans to ban cryptocurrency ATMs due to their involvement in scams and money laundering. This decision comes as law enforcement reports increasing losses linked to these machines, prompting the government to enhance regulatory oversight in the crypto sector. The long-term implication may lead to a significant shift in cryptocurrency transactions and investor behavior in Canada.
XRP ETF inflows reach record $81.63 million in April 2026
XRP ETF products have recorded their highest monthly inflow of $81.63 million in April 2026. This surge follows a previous loss in March and is driven by increasing institutional interest in XRP as a viable investment option. As demand grows, XRP may position itself as a leading asset in the cryptocurrency market, potentially rivaling Bitcoin.
Polymarket seeks CFTC approval to reopen U.S. prediction markets after four-year ban
Polymarket is in discussions with the CFTC to lift a ban preventing U.S. users from accessing its platform. This move comes after a four-year prohibition that has limited its market presence in the U.S. If successful, Polymarket's return could reshape the landscape of prediction markets and increase regulatory oversight in the cryptocurrency sector.