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U.S. House bill proposes Federal Cryptocurrency Theft Task Force led by attorney general
Bipartisan House lawmakers introduced a bill on Thursday to set up a federal task force to investigate crypto fraud and hacking, led by the U.S. attorney general. The proposal cites more than $11 billion in 2025 losses and aims to coordinate DOJ, FBI, DHS, and Treasury efforts while giving victims a clearer federal reporting route.
AVAX
AVAX-1.36%
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President Karol Nawrocki vetoes Poland's crypto bill again, delaying MiCA rollout before July 1
Polish President Karol Nawrocki vetoed a cryptocurrency regulation bill for the third time, arguing that lawmakers adopted only 1 of 16 amendments proposed by his office. The move leaves Poland without a national framework to apply the EU's MiCA rules ahead of the July 1 compliance deadline, raising uncertainty over how local firms will secure required licenses.
ZND
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CFTC June 10 Proposal Labels Sports Event Contracts as "Gaming" While Allowing Most
On June 10, the U.S. Commodity Futures Trading Commission (CFTC) issued a proposed framework that would classify sports event contracts as "gaming" under the Commodity Exchange Act while still permitting most standard markets. The proposal would prohibit five categories—injury-related contracts, officiating outcomes, discrete in-game actions tied to named players, physical altercations, and pre-collegiate sports—and it notes listings grew from about 220 in 2021 to more than 8,000. A 90-day comment period would follow publication, with any final rule described as unlikely before late 2026.
BTC
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LG Electronics Partners With Arbitrum to Build Custom Ethereum L2 for Programmatic Ads
LG Electronics is building a proprietary blockchain network with Arbitrum to automate parts of the programmatic advertising market. The system is designed to use an onchain database for ad inventory and verified engagement records, with the aim of reducing fraud across LG Ad Solutions' reach of about 216 million smart TVs worldwide. After a pilot with an unnamed Japanese advertising agency, LG plans a broader commercial evaluation later in 2026.
ARB
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US seeks extradition of AudiA6 suspects tied to $389M crypto laundering case
On June 11, the U.S. Department of Justice said prosecutors in Philadelphia charged two men accused of operating the AudiA6 crypto-laundering service, which allegedly processed more than $389 million in illicit transactions since 2021. The DOJ said Ruslan Igorevich Tkachuk, 37, and Alexander Vladimirovich Ledenev, 25, were arrested in Batumi, Georgia on June 10, and the U.S. plans to seek their extradition. Authorities allege the network handled about 10,333 BTC and offered laundering services for fees of up to 5%.
BTC
BTC-0.12%
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Bloomberg: Hungary to Remove Prison Penalties for Crypto Trading After April 12, 2026 Vote
Hungary’s new Tisza-led government said it will roll back the prior administration’s crypto regime and fully decriminalize crypto trading, eliminating prison exposure that previously reached up to eight years. The shift follows the April 12, 2026 parliamentary election and subsequent mid-May swearing-in of Prime Minister Péter Magyar, with officials signaling MiCA-aligned rules will replace the existing framework.
BTC
BTC-0.12%
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Visa expands AI commerce with OpenAI payments and March 2026 stablecoin settlement update
Visa introduced new AI-commerce and stablecoin infrastructure offerings at the Visa Payments Forum 2026, including identity tools for AI agents and a partnership with OpenAI to enable payments inside AI-driven experiences. The company said stablecoin settlement processed through VisaNet reached an annualized run rate of roughly $7 billion as of March 2026, alongside plans to broaden seven-day settlement and support tokenized bank deposits.
NEAR
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Bithumb CEO Lee Jae-won named a bribery suspect as exchange faces multiple probes
South Korean police have designated Bithumb CEO Lee Jae-won as a suspect in a bribery probe tied to the alleged preferential hiring of an independent lawmaker’s son. The investigation adds to Bithumb’s recent regulatory and operational troubles, including a March six-month partial suspension with a $24.2 million fine and a February error that mistakenly credited users with about 620,000 Bitcoin.
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