The UK will ban crypto political donations and limit overseas donations to £100,000 a year. The changes are expected to hit Reform UK the hardest.
AnaisA jury found Meta and Google liable for harming a teen through app design, awarding $3 million in damages. The case focuses on platform design, not content.
WeatherlyStartale Group raised $63 million in a Series A round, with $50 million from SBI Group and $13 million from Sony Innovation Fund. The funding will be used to scale Strium for tokenized securities, expand yen and dollar stablecoins, and develop Startale’s app into a consumer SuperApp.
AnaisA U.S. court dismissed Michael Lewellen’s lawsuit seeking legal protection for his non-custodial crypto software, Pharos, from money transmitter laws. The judge said Lewellen had not shown a real threat of prosecution, leaving the case open to be filed again in the future.
WeatherlyOpenAI has paused its plans for an adult “erotic” mode in ChatGPT, citing safety concerns and technical challenges with age verification. The company is now focusing on its main products and cutting less critical projects amid growing competition and financial pressure.
AnaisThe UK has sanctioned the operator of Cambodia’s largest scam compound, #8 Park, and a major crypto marketplace, Xinbi, for their role in human trafficking and online fraud. These measures freeze linked assets and aim to disrupt the networks that steal personal data and defraud people in the UK and globally.
WeatherlyBrazil has passed a law allowing authorities to seize cryptocurrency and other digital assets from organised crime and use them to fund public security. Judges can freeze accounts, block wallets, and redirect funds without waiting for a conviction.
AnaisCoinbase and Better Home are launching a mortgage that lets buyers use Bitcoin or USDC as collateral for their down payment without selling their crypto. The mortgage is backed by Fannie Mae, keeps standard terms, and only risks the crypto if payments are missed for 60 days.
WeatherlyElon Musk’s X has hired Benji Taylor, a designer with extensive crypto experience, as its new head of design. Taylor previously led product and design at Aave Labs and Coinbase’s Base, bringing deep expertise in crypto and financial products to X.
AnaisOnePay, backed by Walmart, has added over a dozen crypto tokens including Bitcoin, Ethereum, Solana, Polygon, Arbitrum, Cardano, Bitcoin Cash, and PAX Gold to its app, aiming to make digital assets easy for everyday customers.
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