Law and Order

Criminal Crypto Use Is Becoming ‘Increasingly Sophisticated’, Says Europol

In brief Europol said misuse of crypto is “becoming increasingly sophisticated,” straining national police resources. Experts have called for global standards and unbiased blockchain training to strengthen cross-border investigations. A recent conference highlighted the need for cooperation between public and private sectors as crypto crime evolves. The head of Europol’s European Financial and Economic Crime…

Law and Ordermatic-network

Romanian Regulator Blacklists Polymarket as ‘Gambling That Must Be Licensed’

In brief Romania’s gambling regulator blacklisted Polymarket in the country. The regulator said it meets the definition of counterparty betting as users put up a stake, and a future event determines the outcome. Of particular concern was expanding volumes on Romanian elections, which have stretched into the millions of dollars. Leading prediction market Polymarket was…

Markets

Red Uptober: Why Bitcoin Just Had Its Worst October in Years

In brief Bitcoin has typically performed well during October—dubbed “Uptober” by observers. But this year, the leading cryptocurrency finished the month in the red. Experts told Decrypt that a number of factors influenced the drawback. Despite a roaring start and fresh all-time high early on in October, the expected “Uptober” turned into a real downer…