Flash News

TREE NEWS update: Polish prosecutors charged Roman Ż. with two offenses following his arrest on Sept. 5, making him the fifth suspect in the Zondacrypto investigation. The probe involves estimated losses of around $100 million.

TREE NEWS update: A Polish court has detained a fifth suspect in the investigation into cryptocurrency exchange Zondacrypto. The exchange’s two chief executives have vanished four years apart, leaving 1.3 million clients locked out of their funds.

TREE NEWS reports: Britain’s Financial Conduct Authority has held talks with platforms about easing its 2019 ban on prediction markets. The regulator’s published position still defends the ban, but discussions signal a potential policy shift. The move could open the door for crypto-based prediction platforms in the UK.

TREE NEWS update: Xu Wenlong, former deputy general manager of China Construction Technology Co., Ltd., has been expelled from the Communist Party for serious disciplinary and legal violations. The announcement was made on September 8 by the Central Commission for Discipline Inspection (CCDI), following an investigation by the CCDI’s discipline inspection group and the Sichuan Provincial Commission for Discipline Inspection. Xu was also removed from his post and his illegal gains will be confiscated.

TREE NEWS update: On September 4, China’s Ministry of Natural Resources and the National Data Administration jointly announced the launch of authorized operations for national satellite navigation positioning reference station network service data. This marks the first public data licensing in the country’s spatiotemporal information infrastructure sector, converting reference station data into compliantly tradable data assets. The move signals a new phase of market-oriented operations for BeiDou high-precision spatiotemporal data elements.

TREE NEWS update: ICBC Chengdu branch has granted a loan to a high-tech firm in Chengdu Hi-tech Zone, using a computing-power bill as the core credit basis instead of traditional collateral like property or equipment. This marks Sichuan province’s first “Token computing-power scenario” loan.

TREE NEWS update: Hong Kong Exchanges and Clearing (HKEX) will launch an interest rate swap contract linked to the China 7-day deposit institution repurchase fixing rate (FDR007) under Swap Connect before year-end, said Yu Xueqin, head of market division, at the HKEX China Opportunities Forum. The move aims to enhance offshore investors’ risk management tools.

TREE NEWS reports: The UK Financial Conduct Authority (FCA) is discussing with trading platforms the relaxation of restrictions on retail investors in prediction markets, in place since 2019. The move follows UK users bypassing the ban via VPNs to access Kalshi and Polymarket, valued at about $22B and $21B respectively. Industry forecasts predict trading volume to grow from $51B in 2025 to $240B in 2026. Platforms offering certain contracts still require dual approval from the FCA and the Gambling Commission.

TREE NEWS update: Australia’s financial intelligence agency AUSTRAC removed 45 crypto and remittance registrations over the past year, including canceled, suspended, and unrenewed ones. The action against GetCoins helped disrupt organized investment scams.

TREE NEWS reports: The UK Financial Conduct Authority is reportedly considering lifting its ban on prediction markets for retail investors. The ban, in place since 2019, barred firms from selling, marketing, and distributing binary options. A decision could open the door for regulated prediction platforms in the UK.

TREE NEWS reports: Brazil’s crypto market reached 505.5 billion reais ($98.7 billion) in transaction volume in 2025, up fivefold from 2020, with corporate deals accounting for 98.3%. Major banks like Itaú, Nubank, and Banco do Brasil have expanded crypto offerings, though the central bank reports no proprietary holdings. New regulations require licensing by October 2026.

TREE NEWS update: Itaú, Nubank, and Banco do Brasil now sell more than a dozen tokens each to retail clients, even as none of them touch crypto with their own balance sheet. The expansion comes as Brazil’s regulatory framework for digital assets solidifies.

TREE NEWS update: The US Department of Commerce announced that India has joined the initiative to ensure 6G network security. This move aligns India with other nations in collaborative efforts to develop secure and resilient next-generation telecommunications infrastructure.

TREE NEWS update: French President Emmanuel Macron has called on European Commission President Ursula von der Leyen to draft a pan-European law prohibiting children under 15 from using social media. Macron also proposed unified rules to identify and regulate features that may cause user dependency, and urged mandatory safety standards by default for digital platforms.

TREE NEWS update: Polish prosecutors have charged Romana Ż. with organized crime and misappropriation offenses involving $2.1 million in Zondacrypto user funds, and are seeking pretrial detention. The charges stem from an investigation into the cryptocurrency exchange.

TREE NEWS update: A plea agreement hearing for Malone Lam, accused in the $245 million bitcoin theft, is scheduled for Tuesday in Washington, nearly two years after his arrest in Miami. The hearing marks a key step in the high-profile cryptocurrency case.

TREE NEWS update: The U.S. CFTC has asked a Washington D.C. court to dismiss CME’s lawsuit against Kalshi’s bitcoin perpetual futures contract, calling it ‘much ado about nothing.’ Kalshi’s cash-settled BTCPERP, approved May 29, has no expiration and uses a funding rate. CME argues it should be classified as a swap, not a future. CFTC notes CME could list similar products and its bitcoin futures volumes were unaffected.

TREE NEWS update: The US CFTC has asked a Washington DC court to dismiss CME’s lawsuit against Kalshi over its bitcoin perpetual futures. Kalshi’s cash-settled BTCPERP, approved May 29, has no expiry and uses funding rates. The CFTC called the suit overblown, noting CME could list similar products and its bitcoin futures volumes were higher in June and August than May. CME must respond by October 2.