Australian authorities have charged four individuals for their alleged roles in a sophisticated Queensland-based money laundering network accused of moving $123 million in illicit cash into cryptocurrency. The charges come after an 18-month investigation led by the Australian Federal Police (AFP) through the Criminal Assets Confiscation Taskforce (CACT), in collaboration with Queensland Police, Australian Border Force, AUSTRAC, the Australian Criminal...

“The American values of economic liberty, private property rights, and innovation are in the DNA of the DeFi movement,” said SEC Chair Paul Atkins at the regulator’s latest Crypto Task Force Roundtable on decentralized finance on June 9. Atkins criticized applying “century-old regulatory frameworks” to DeFi and blockchain innovation, noting that current securities rules were designed for traditional intermediaries and...

Digital asset investment products attracted $224 million in inflows last week, pushing the 7-week total to $11 billion. Despite this, the pace of investments appears to be slowing, as investors grow cautious and await clearer guidance from the US Federal Reserve regarding inflation and the broader direction of monetary policy. According to the latest edition of CoinShares Digital Asset Fund...

Bitcoin broke above $107,000 on Monday in a notable respite and kept climbing to $110,500 on Tuesday morning, following last week’s turbulence sparked by the Trump-Musk fallout. The latest on-chain data now suggests that the crypto asset may be preparing for its next upward move, as several key indicators reflect growing bullish sentiment. Bitcoin Demand Strengthens According to CryptoQuants latest...