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On-Chain, In Court: What happened in crypto legal news this week
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CoinTelegraphMay 8, 2026

On-Chain, In Court: What happened in crypto legal news this week

US authorities find an additional $10 million connected to Sam Bankman-Fried, the former CEO of Celsius ditches his legal team and a new law in Washington .

ECB’s Lagarde Pushes Back on Euro Stablecoins, Warns of ‘Structural Weaknesses’
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DecryptMay 8, 2026

ECB’s Lagarde Pushes Back on Euro Stablecoins, Warns of ‘Structural Weaknesses’

The European Central Bank chief says Europe "knows which port it is sailing to,” and it's not towards a euro stablecoin.

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says
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CoinTelegraphMay 8, 2026

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

ECB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private sta.

Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief
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DecryptMay 8, 2026

Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief

Arbitrum DAO voted to release the Kelp exploit funds, but a U.S. Court restraining notice has put the approved transfer in legal jeopardy.

AUSTRAC Launches Supervision Campaigns as Australia's Crypto Regulatory Reforms Kick In
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DecryptMay 8, 2026

AUSTRAC Launches Supervision Campaigns as Australia's Crypto Regulatory Reforms Kick In

The campaigns target over-the-counter operators and local exchanges as new laws expand oversight to custody and brokerage services.

ECB’s Lagarde flags euro-denominated stablecoins as financial stability risk, diverging from Bundesbank stance
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The BlockMay 8, 2026

ECB’s Lagarde flags euro-denominated stablecoins as financial stability risk, diverging from Bundesbank stance

The ECB President argued that euro-denominated stablecoins risk financial stability and monetary policy, pushing for a digital euro instead.

Taiwan news anchor indicted for allegedly taking crypto payments from China to produce propaganda, bribe soldiers
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The BlockMay 8, 2026

Taiwan news anchor indicted for allegedly taking crypto payments from China to produce propaganda, bribe soldiers

Taiwan prosecutors indicted a news anchor for allegedly accepting crypto payments from an "overseas hostile force" to produce news shows.

Aptos commits $50M to AI agent infrastructure push
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CoinTelegraphMay 8, 2026

Aptos commits $50M to AI agent infrastructure push

The Aptos Foundation said building infrastructure that enables sub-second finality without the need for human intervention is a key to supporting the next .

Chaos Labs says oracles secure after attempted ‘nation-state’ wallet attack
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CoinTelegraphMay 8, 2026

Chaos Labs says oracles secure after attempted ‘nation-state’ wallet attack

Chaos Labs said it rotated all keys after the weekend attack attempt and has not detected further suspicious activity.

CLARITY Act markup could happen as early as next week: Coinbase exec
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CoinTelegraphMay 8, 2026

CLARITY Act markup could happen as early as next week: Coinbase exec

The provisions in the crypto market structure bill are still under review by the banking and crypto lobbies as a new poll shows bipartisan voter support fo.

Trump Sons Haven't Abandoned World Liberty Financial, Crypto Firm Insists
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DecryptMay 8, 2026

Trump Sons Haven't Abandoned World Liberty Financial, Crypto Firm Insists

World Liberty co-founder Zach Witkoff also said Thursday that the crypto firm is “in the final stages” of receiving bank charter approval from the Trump ad.

Coinbase Shares Slide as Crypto Giant Reports $394 Million Q1 Loss
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DecryptMay 7, 2026

Coinbase Shares Slide as Crypto Giant Reports $394 Million Q1 Loss

Crypto exchange Coinbase reported a consecutive quarterly loss as transaction revenue plummeted 40% amid a volatile market.

IMF Warns AI Will Supercharge Cyberattacks on Global Financial System
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DecryptMay 7, 2026

IMF Warns AI Will Supercharge Cyberattacks on Global Financial System

The IMF called for treating cybersecurity as a core stability issue as new AI tools let even unskilled attackers breach critical infrastructure.

The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital
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CoinDeskMay 7, 2026

The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital

The stablecoin queue: 20 banks and tech giants are waiting to issue tokens with Anchorage Digital.

Polygon reduces block time to 1.75 seconds as payments push accelerates
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CoinTelegraphMay 7, 2026

Polygon reduces block time to 1.75 seconds as payments push accelerates

Polygon delivered its first block time reduction upgrade since genesis, as the network seeks to position for more high-frequency applications such as priva.

South Korea Ordains Robot Monk Ahead of Buddha’s Birthday
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DecryptMay 7, 2026

South Korea Ordains Robot Monk Ahead of Buddha’s Birthday

A Unitree Robotics humanoid joins the Jogye Order, South Korea's largest Buddhist sect.

Samourai Wallet co-founder appeals for donations to pay $2M legal fees
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CoinTelegraphMay 7, 2026

Samourai Wallet co-founder appeals for donations to pay $2M legal fees

Samourai Wallet co-founder Keonne Rodriguez said mounting legal debt and fading pardon hopes could force him to serve his full prison sentence.

BNY, world's largest custody bank, expands crypto services in Abu Dhabi
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CoinDeskMay 7, 2026

BNY, world's largest custody bank, expands crypto services in Abu Dhabi

BNY, world's largest custody bank, expands crypto services in Abu Dhabi.

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger
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CoinTelegraphMay 7, 2026

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

The cross-border tokenized US Treasury transaction using blockchain and banking rails builds on an earlier pilot in which the same fund moved between a pub.

Nasdaq's president says the SEC’s new crypto stance is letting markets 'build' again
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CoinDeskMay 7, 2026

Nasdaq's president says the SEC’s new crypto stance is letting markets 'build' again

Nasdaq's president says the SEC’s new crypto stance is letting markets 'build' again.

US Senator says crypto market structure vote could happen by August
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CoinTelegraphMay 6, 2026

US Senator says crypto market structure vote could happen by August

Kirsten Gillibrand said that the US Senate had to address lawmakers potentially getting “rich off of these industries because of their insider status“ befo.

White House aims for July 4 deadline to pass landmark crypto regulation bill
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The BlockMay 6, 2026

White House aims for July 4 deadline to pass landmark crypto regulation bill

The White House's top crypto adviser, Patrick Witt, set a target date for July 4 to pass broad crypto legislation into law.

Bittrex Wants Its $24 Million Settlement Back, Now That the SEC Is Pro-Crypto
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DecryptMay 6, 2026

Bittrex Wants Its $24 Million Settlement Back, Now That the SEC Is Pro-Crypto

Now-shuttered crypto exchange Bittrex settled with the SEC back in 2023 after being accused of offering illegally unregistered securities.

Ondo, JPMorgan, Mastercard and Ripple Team to Settle Tokenized Treasuries on XRP Ledger
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DecryptMay 6, 2026

Ondo, JPMorgan, Mastercard and Ripple Team to Settle Tokenized Treasuries on XRP Ledger

Major financial institutions use XRP Ledger to demonstrate blockchain's ability to settle tokenized Treasuries across borders in seconds.

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