Ripple has acquired a preliminary crypto asset service provider (CASP) license in Luxembourg, making it compliant with the European Union’s Markets in Crypto-Assets (MiCA) regulations ahead of a July 1 deadline. In a statement on Tuesday, Ripple said that once its CASP is finalized, it would be able to provide regulated cryptoasset services to financial institutions and businesses across the 30-member European Economic Area (EEA). Combined with Ripple’s existing EU Electronic Money Institution (EMI) licence, the CASP license means that European banks, fintechs, and businesses can access Ripple’s full cryptoasset and stablecoin payments infrastructure through a single integration, the company said. The two licenses, when finalized, will make Ripple fully…
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Polymarket Teams With Chainalysis to Detect Insider Trading
Top prediction market seeks to clean up blockchain betting
Prediction market Polymarket has partnered with blockchain analytics firm Chainalysis to track and reveal insider trading. There is growing concern about insider trading in prediction markets, in which users bet on the outcome of everything from sporting matches to elections. In April, an Army Green Beret was charged with using classified knowledge of the operation to capture Venezuelan President Nicholas Maduro to win $400,000. He has pled not guilty. Chanalysis will provide data analytics and monitoring systems, investigative tools to provide information for law enforcement and regulators, and onchain security capabilities to assist Polymarket in identifying and eliminating insider trading. The goal is to flag suspicious trading patterns indicating a…
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Acting AG: Code Is Not a Crime
Coders have FIrst Amendment rights
Acting US Attorney General Todd Blanche said that the Department of Justice will no longer target blockchain developers and coders for crimes committed by third parties using their products. Pointing to a new approach to enforcement under the Trump Administration, Blanche said that as long as coders and developers are not involved in criminal activity, the DoJ and FBI will not attempt to prosecute them. The issue arose after several developers involved in privacy protocols like Tornado Cash were prosecuted or threatened with prosecution under the Biden Administration. Tornado Cash developer Roman Storm and a colleague were indicted in 2023, and Storm was convicted in August 2025 after Tornado Cash…
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Tennessee Bans Bitcoin ATMs
Use in fraud against seniors cited
While dozens of states have passed laws regulating crypto ATMs, and more are in the process, Tennessee has banned them outright. Earlier this month, Tennessee Gov. Bill Lee signed a bill to law banning virtual currency kiosks. The bill targets both the operators of so-called bitcoin ATMs — which often sell multiple cryptocurrencies — and people on whose property they are housed. Frequently these are convenience stores, gas stations and malls. Tennessee House Bill 2505 makes it “an offense for a virtual currency kiosk operator or other person to knowingly install or allow installation of, permit, place, or otherwise operate a virtual currency kiosk in this state.” The law makes…
