Cryptofinreg

• Coinbase Global (NASDAQ:COIN) is investigating an AI-generated notification that incorrectly reported the result of a FIFA World Cup match before kickoff.
• The incident comes as Coinbase expands prediction markets through Kalshi while increasing the use of artificial intelligence across customer-facing products.
• AI accuracy, regulatory oversight and user confidence remain major challenges as prediction markets become more widely adopted.

Japan's Financial Services Agency has approved a draft amendment that would classify cryptocurrencies as financial products under the country's financial laws.

The Securities Transfer Association asked the SEC to stop third parties issuing tokenised versions of public securities.

Bank of England Governor Andrew Bailey said Nigel Farage did not influence the central bank's approach to a potential central bank digital currency after the two discussed cryptocurrencies during a meeting.

Kalshi has appealed a New York federal court ruling that denied its request to stop state gambling regulators from enforcing local laws against its sports-related prediction market contracts.

Kalshi's request for a preliminary injunction was denied after a US federal judge ruled that New York can continue enforcing its gambling laws against the company's sports-related prediction market offerings while the case proceeds.

The Financial Conduct Authority (FCA) has published a regulatory roadmap outlining how autonomous artificial intelligence could reshape retail financial services.

The European Securities and Markets Authority (ESMA) warned that some event contracts offered by prediction market platforms, including Polymarket and Kalshi, could qualify as financial instruments under the Markets in Financial Instruments Directive II (MiFID II).

HM Treasury updated the UK's National Payments Vision roadmap to support tokenisation and new forms of digital money as part of plans to build a multi-money retail payments ecosystem.

Robinhood Markets is expanding in the UK and Europe with a new offering of agentic AI and perpetual futures, a type of derivative investment, with crypto trading expected to come to the UK "soon". It's part of a broader international push, even as the field of fin-tech apps in the UK and the EU grows increasingly competitive. Vlad Tenev - CEO and co-founder of investment platform joined Caroline Hepker and James Woolcock on Bloomberg radio to discuss the changes.