Europol Dismantled a Mafia-linked Cryptocurrency Bank
European authorities have dismantled a vast money laundering network known as the “mafia crypto bank.”

European authorities have dismantled a vast money laundering network known as the “mafia crypto bank.”
The SEC’s decision to defer Grayscale’s application reflects ongoing caution toward digital asset funds beyond Bitcoin and Ethereum.
VanEck is the latest asset manager to introduce a tokenized treasury fund, the VanEck Treasury Fund (VBILL), partnering with Securitize for tokenization, fund administration, and transfer agency.
Thailand’s Ministry of Finance is poised to introduce $150 million in digital investment tokens, advancing financial inclusivity for retail investors.
Robinhood has announced plans to acquire WonderFi, a prominent Canadian fintech and crypto platform, for $178.9 million CAD (250 million CAD).
Australia has appointed Andrew Charlton as Assistant Minister for Science, Technology, and the Digital Economy, as well as Cabinet Secretary, to advance its agenda on digital asset regulation and tech sector modernization.
BitGo has secured a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin).
Dubai will soon allow residents and businesses to pay for government services using cryptocurrency, thanks to a new partnership with the global crypto platform Crypto.com.
Metaplanet has bolstered its Bitcoin holdings by acquiring 1,241 BTC, valued at approximately $126.7 million, demonstrating the company’s confidence in Bitcoin’s long-term potential.
Late Saturday night, Ledger users noticed a suspicious announcement on the company’s Discord server. Shortly after, Ledger confirmed it had regained control following an account compromise.
The Northern Mariana Islands Senate has overridden Governor Arnold Palacios’ veto of a stablecoin bill, enabling the Tinian local government to issue licenses to internet casinos and manage a “Tinian Stable Token.”
Meta is reportedly in discussions with crypto firms to explore the use of stablecoins for global payments, according to five sources.
Senate Democrats blocked a bipartisan bill intended to establish a legal framework for cryptocurrency, after concerns arose about President Donald Trump’s ties to the industry, disrupting negotiations.
Coinbase reported a 10% quarter-over-quarter revenue decline to $2 billion in Q1, falling short of industry estimates by 4.1% as market trading activity slowed.
San Francisco, California, 8th May 2025, Chainwire

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