U.S. bipartisan lawmakers introduce bill to protect blockchain developers from criminal charges

X Platform Launches "Paid Promotion" Label Feature, KOL and YouTuber Sponsored Content Will Be Fully Transparent

The social platform X (formerly Twitter) has launched the "Paid Partnership" label feature, allowing creators to easily mark sponsored content and enhance transparency. This is especially important for crypto KOLs' promotional posts, as undisclosed content may result in account suspension, emphasizing the platform's credibility and user trust. This move requires creators to pay more attention to compliance and changes the marketing collaboration model.

Pre-war predictions for Iran? Polymarket traders bet on U.S.-Iran war, making a profit of $1.2 million, raising questions

Polymarket experienced abnormal betting before the US-Iran airstrikes, with six new wallets totaling a profit of $1.2 million, raising concerns about insider trading and increasing global regulatory pressure. U.S. Congress members have proposed legislation to ban officials from participating in prediction markets, and many countries consider them illegal gambling. The accuracy of prediction markets and their potential ethical issues have become hot topics of discussion.

X allows crypto promotions but imposes regional bans; creators in the EU, UK, and Australia are restricted.

The social media platform X announced that it will allow crypto promotions with a "Paid Partnership" label, but it remains heavily regulated in regions such as the European Union, the UK, and Australia. Influencers are responsible for compliance and ensuring that users in restricted areas cannot see such content. This policy adjustment provides a new commercialization pathway for crypto KOLs and is accompanied by new financial service arrangements.

$500 million market boom forecast "big gamble on Iran," someone makes $510,000 through insider trading, the U.S. will angrily call for legislation to ban it

During the global financial market closure, over $529 million in funds flooded into the prediction market, with investors betting on a US-Israel airstrike on Iran. Six new accounts made precise bets before the airstrike and profited $1.2 million, triggering insider trading allegations. American lawmakers condemned such behavior and plan to introduce legislation to ban it. The CFTC has also issued a warning, emphasizing that such transactions may be illegal.

CONSOB orders the suspension of the SOLX token offering by Solaxy in Italy due to MiCA violations

The Italian financial regulator, CONSOB, ruled that Solaxy's $SOLX token sale violated EU's MiCA regulations by failing to disclose a whitepaper. They ordered an immediate halt to the sale and granted Solaxy 60 days to appeal.