Flash News

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.

TREE NEWS update: Chilean crypto exchange Orionx has halted withdrawals and begun winding down operations following alleged transfers of $7 million in client assets. Chile’s financial regulator said it does not oversee the exchange’s closure and lacks power to order customer repayments.

TREE NEWS update: China’s central bank and seven other ministries jointly issued the ‘Measures for the Management of Online Marketing of Financial Products’, effective September 30, 2026. The rules do not ban online sales but require marketing via self-operated platforms or officially authorized third-party accounts. Marketers must be licensed financial institution staff, meaning KOLs need certification.

TREE NEWS update: Ireland’s Criminal Assets Bureau said criminal gangs are renting private vaults to store cryptocurrency private keys alongside cash, watches, and passports. The revelation highlights how criminals are adapting to hide digital assets from authorities, complicating asset seizure efforts.

TREE NEWS update: China Securities Regulatory Commission (CSRC) Chairman Wu Qing met Saudi Arabia’s Assistant Minister of Investment Ibrahim bin Yousef Al-Mubarak in Beijing on September 7. The two sides exchanged views on strengthening capital market cooperation and promoting two-way investment between China and Saudi Arabia.

TREE NEWS update: On September 7, Wu Qing, Chairman of the China Securities Regulatory Commission, met in Beijing with Salmi, Executive President of Oman’s Financial Services Authority. The two sides exchanged views on strengthening capital market cooperation between China and Oman and on the achievements of China’s capital market reform and opening-up.

TREE NEWS update: China’s National Copyright Administration (NCAC) issued its 15th Five-Year Plan for copyright work, vowing to intensify crackdowns on software infringement and support software companies in overseas rights protection. The plan emphasizes expanding joint regulatory achievements in software legalization, integrating software legalization with informatization, and advancing efforts in key sectors such as education and healthcare. It also aims to enhance governance efficiency in software legalization under informatized conditions and promote high-quality software industry development.

TREE NEWS update: China’s National Copyright Administration has issued the 15th Five-Year Plan for Copyright Work, setting targets through 2030. The plan aims to improve copyright legal systems, enhance enforcement and regulatory levels, strengthen social services, deepen international cooperation, and increase public awareness of copyright protection.

TREE NEWS update: The National Sheriffs’ Association, which four months ago warned senators that the Clarity Act would grant mixers and DeFi a blanket AML exemption, has now adopted a neutral stance, saying it will let the legislative process play out. The reversal follows its earlier opposition to the bill, which it claimed could shield crypto crime.