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Crypto
Crypto risks rise as market ties with Wall Street grow, European regulators warn
The European Securities and Markets Authority warned that as links between crypto markets and traditional finance expand, shocks in one area could increasingly spread across the broader financial system. In its second Trends, Risks and Vulnerabilities report for 2026, ESMA said the growing connections between a more fragile crypto market and the wider financial system require closer monitoring. It highlighted tokenised stocks, decentralised finance hacks and prediction markets as key risk factors.
Crypto
Japan\'s Bitbank warns on Polymarket-related deposits, withdrawals, says accounts may be suspended
Japanese cryptocurrency exchange Bitbank has warned it may suspend user accounts involved in transactions linked to prediction market platforms such as Polymarket, Cointelegraph reported. Bitbank said it may restrict deposit and withdrawal accounts connected to prediction market services, and that suspended accounts would lose access to all services, including login, deposits, withdrawals and crypto trading. It added it would not be liable for losses resulting from suspensions.
Crypto
U.S. CFTC adds New York to lawsuit to block prediction market regulation
The U.S. Commodity Futures Trading Commission has filed a lawsuit against New York state over its move to regulate prediction market operators. In a complaint filed in the U.S. District Court for the Southern District of New York, the CFTC argued that authority to regulate related derivatives, including prediction market contracts, belongs to it under federal law. New York has sued Coinbase and Gemini, citing alleged violations of state gambling law.
