TREE NEWS update: The UK government has proposed giving the Bank of England a new objective to promote innovation in stablecoins. This move aims to position the UK as a global hub for crypto and stablecoin innovation while ensuring regulatory oversight.
TREE NEWS update: US authorities are investigating Singapore-based Apex Logistics for allegedly smuggling Nvidia AI chips, potentially violating export controls. The probe highlights growing scrutiny of supply chains for advanced semiconductors amid US-China tech tensions.
TREE NEWS reports: Bithumb has won a first-instance court ruling in a lawsuit over mistakenly sent Bitcoin. The decision marks a legal precedent for exchange liability in such cases.
TREE NEWS reports: South Korean crypto exchange Bithumb won the first lawsuit in its recovery of mistakenly sent bitcoins, with a court ordering a user to return about 194 million won ($145,000). The incident occurred in February when Bithumb erroneously distributed 620,000 BTC (worth ~$5B), and the exchange has recovered 99% so far. This is the first of four lawsuits against users who haven’t returned funds.
TREE NEWS update: The U.S. CFTC issued a warning about cryptocurrency ATM scams, noting that losses exceeded $388 million in 2025. The agency highlighted the growing threat to consumers and urged vigilance.
TREE NEWS reports: The UK government intends to give the Bank of England new responsibilities to support payment innovation, including stablecoins, while preserving its financial stability mandate. This move signals a regulatory embrace of digital assets within the traditional financial system.
TREE NEWS update: Shanghai police have cracked a massive underground bank that used cryptocurrencies for cross-border currency exchange, involving over 20 billion yuan (~$2.8 billion). The operation highlights ongoing regulatory crackdowns on crypto-related financial crimes in China.
TREE NEWS reports: Michael Saylor advocates for ‘Bitcoin reform’ to support institutional adoption and broader custody solutions. He emphasizes the need for regulatory clarity and infrastructure to enable mainstream participation.
TREE NEWS update: FinTax, a crypto tax compliance platform, has completed a seed funding round and will enter into long-term ecosystem collaboration with YZi Labs. The partnership aims to enhance tax solutions for the crypto industry.
TREE NEWS reports: The UK government has instructed the Bank of England to enhance its efforts in digital currency and payment innovation. This move signals a proactive stance towards modernizing the financial system, potentially impacting the development of central bank digital currencies (CBDCs) and related technologies.
TREE NEWS reports: Thirty-nine US state banking associations have joined forces to create the BankChain Alliance, with the goal of introducing a blockchain network by 2027. This initiative marks a significant step toward integrating blockchain technology into the traditional banking sector, potentially enhancing efficiency and security in financial operations.
TREE NEWS update: A Russian influence operation reportedly used ChatGPT to create fake academic personas and a phony think tank, publishing plagiarized research to push pro-Russian narratives. The campaign aimed to lend false credibility to its propaganda by masquerading as scholarly experts.
TREE NEWS reports: The US government has transferred a portion of the Bitcoin it seized from Alameda Research three years ago. This move is part of the ongoing handling of assets from the FTX-related case, potentially signaling a future sale or redistribution.
TREE NEWS reports: The BankChain Alliance, a group of US banks, is collaborating to create a shared blockchain network aimed at providing smaller financial institutions with access to tokenized deposits and blockchain-based payments. The network is targeted for launch in 2027.
TREE NEWS reports: Chainalysis estimates that $457 billion in potential taxable crypto activity occurred in the US, highlighting the growing tax implications of digital assets. The figure underscores the need for clearer crypto tax regulations and reporting mechanisms.
TREE NEWS reports: The SEC’s proposed rewrite of crypto custody rules for advisers and investment companies has moved to the White House for review, following the withdrawal of a 2023 proposal. The new rule aims to clarify digital-asset custody requirements, marking a significant step in regulatory clarity for the industry.
TREE NEWS update: Chainalysis reports that the OECD’s Crypto-Asset Reporting Framework (CARF) only captures 14% of on-chain taxable crypto activity, leaving most transactions outside regulatory oversight. The report highlights gaps in global tax transparency and suggests that jurisdictions need to expand their reporting mechanisms.
TREE NEWS reports: Chainalysis estimates 2025 global potentially taxable on-chain crypto activity at $457B, with the US at $112.6B, North America at $134.6B, and the EU at $125.1B. Only 14% falls under the OECD’s Crypto-Asset Reporting Framework (CARF), leaving 86% involving DEXs, P2P transfers, and on-chain income streams. CARF data collection began on Jan 1, 2026 in 48 jurisdictions.
TREE NEWS reports: Chainalysis estimates $457 billion in taxable crypto activity, but the OECD’s Crypto-Asset Reporting Framework (CARF) covers only 14% of onchain transactions. The firm highlights significant gaps in international tax reporting for digital assets.
TREE NEWS reports: A UK judge has dismissed the extradition appeal of the former CEO of Saitama, a crypto token, and referred the case to the UK government for a final decision. This marks a significant legal development in the ongoing proceedings against the executive.
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