Flash News

TREE NEWS update: Shanghai police arrested a cross-border illegal foreign exchange operation using self-built platforms for virtual currency trading, involving 200 million yuan ($28 million). The crackdown highlights ongoing regulatory scrutiny of crypto-related financial activities in China.

TREE NEWS reports: New Zealand’s ACT Party has proposed a policy to exempt capital gains tax on crypto assets held for more than one year, aiming to foster a more favorable environment for digital asset investors. This move aligns with global trends of clearer crypto tax treatment, potentially boosting local adoption.

TREE NEWS reports: Evernorth’s SEC S-4 filing has become effective, moving the company closer to its Nasdaq listing. This milestone clears a key regulatory hurdle for the planned public offering.

TREE NEWS update: The U.S. Treasury named digital assets as one of five sanctionable Iranian sectors, but Coin Center’s Peter Van Valkenburgh notes that no crypto protocol is designated, leaving the status of nodes, miners, and developers open. He argues that DeFi infrastructure may not be prohibited under the sanctions.

TREE NEWS reports: France’s tax authority suffered a cyberattack, compromising personal data of approximately 678,000 individuals and businesses. The breach raises concerns about data security and potential identity theft, though no direct link to crypto or RWA is mentioned.

TREE NEWS reports: The OCC and FDIC are considering clearer bank regulatory rules that would tie certain practices to illegal activities or significant financial risks. This move aims to provide more explicit guidance for banks, potentially impacting their engagement with digital assets and other high-risk areas.

TREE NEWS update: A Public Citizen report claims that crypto projects linked to Trump have caused investors at least $4.7 billion in losses. The report highlights potential risks and conflicts of interest associated with political figures endorsing crypto ventures.

TREE NEWS reports: Public Citizen reports that investors lost $4.7 billion in Trump-linked crypto ventures, though World Liberty Financial’s USD1 stablecoin has not caused major losses. The losses stem from various Trump-branded crypto projects.

TREE NEWS reports: The first post-quantum Bitcoin transaction was broadcast this week, announced at Bitcoin Asia by the Sharknet Foundation. This milestone demonstrates quantum-resistant technology on Bitcoin without requiring a fork.

TREE NEWS reports: The president of the Polish Olympic Committee has been arrested on charges of accepting bribes in cryptocurrency. The arrest highlights the growing use of digital assets in corruption cases and the increasing scrutiny of crypto in law enforcement.

TREE NEWS update: Polish Olympic Committee president Radosław Piesiewicz was arrested over alleged bribery linked to crypto exchange Zondacrypto, with investigators probing gifts like a Patek Philippe watch. The exchange also faces a separate investigation over a cold wallet issue causing user losses of about $94 million. Zondacrypto denies wrongdoing, and Piesiewicz claims he bought the watch himself.

TREE NEWS update: The Trump administration’s executive order to establish a new AI regulatory agency has stalled amid internal disputes and tech industry opposition. Concerns over overregulation weakening US competitiveness in global AI have delayed the signing. The uncertainty highlights the policy tug-of-war between innovation and AI safety.

TREE NEWS reports: The UK’s tax authority, HMRC, has reported that 240 individuals became cryptocurrency millionaires in 2025. This data highlights the growing wealth generated within the crypto sector and its increasing significance in the UK’s financial landscape.

TREE NEWS reports: UK tax data reveals 17,600 people declared $1.9B in crypto gains for 2024-25, with 240 individuals each reporting over $1.4M. The figures highlight the growing wealth generated from crypto in the country.

TREE NEWS reports: Fidelity is reportedly beginning to sell its customers’ order flow, generating an additional $10 million in monthly revenue. This move marks a significant shift in the brokerage’s business model, potentially impacting execution quality and market dynamics.

TREE NEWS update: HMRC revealed that 240 UK taxpayers declared cryptocurrency gains exceeding £1 million, highlighting the growing scale of crypto wealth in the country. The data underscores the increasing tax scrutiny on digital asset holders.

TREE NEWS update: Popular streamer Du Shi revealed he was scammed out of tens of millions of RMB by Sun Zeyu, founder of Genesis Capital, who allegedly provided fake ETH on a private fork chain to deceive him. The scam, lasting eight years, involved a chain with only seven addresses, six controlled by Sun. Du Shi’s case highlights the risks of entrusting crypto assets to others, and legal action is pending.

TREE NEWS reports: Flock CEO Garrett Langley urged Americans to compromise on privacy, asserting that 99.9% of police are good actors. This comes after a report identified at least 69 officials accused of misusing license plate readers, sparking backlash over surveillance concerns.