Türkiye must take further steps to strengthen its regulatory framework for cryptocurrencies and stablecoins, despite having made considerable progress in bringing its rapidly expanding crypto-asset market under regulatory supervision, according to a new assessment by the Financial Stability Board (FSB). In its second peer review of Türkiye, published on 11 November 2026, the international financial stability body acknowledged improvements in the country's regulation, superv

Ohio Democratic State Senator Bill DeMora is renewing his efforts to bring sports-related prediction markets under the state's gambling regulations and prohibit election betting, following a federal appeals court decision that strengthened Ohio's authority to pursue enforcement against prediction market operators. The renewed initiative comes amid growing legal and regulatory disputes across the United States over whether platforms offering contracts tied to sporting events

European Union ambassadors have reached a preliminary agreement to impose new sanctions on 145 individuals and entities connected to Russia, in a significant expansion of the bloc’s efforts to restrict Moscow’s financial activities, disrupt its oil transportation networks and counter alleged disinformation and hybrid operations. The agreement, reached on Wednesday following discussions among representatives of the EU’s 27 member states, covers targets linked to Russia’s fin

Germany’s Federal Financial Supervisory Authority (BaFin) has fined Deutsche Bank €8 million for organisational and operational shortcomings during the migration of Postbank customers to a shared IT platform. The penalty relates to failures in handling the significant increase in customer complaints and delays in processing securities account transfer orders following the 2023 migration. The problems emerged during the integration of Postbank’s customer data into Deutsche Ban