TREE NEWS update: Binance will halt transaction processing for 11 crypto platforms, including HTX, following the EU’s recent sanctions package targeting Russia. The move underscores growing regulatory pressure on crypto exchanges to comply with international sanctions.
TREE NEWS reports: Ireland has unveiled its first national anti-money laundering strategy, introducing enhanced checks on private crypto wallets and stricter due diligence for firms dealing with overseas crypto companies. This marks a significant regulatory step for the country’s crypto sector.
TREE NEWS reports: The SEC has postponed a key crypto rule meeting without a new date, citing an ‘unforeseen scheduling issue.’ This comes just days after the Senate failed to advance the Clarity Act, signaling ongoing regulatory uncertainty for digital assets.
TREE NEWS update: Tether announced that KPMG U.S. issued an unqualified opinion on its 2025 financial statements, marking the first independent audit of the stablecoin issuer. This fulfills a long-standing commitment dating back to 2017, boosting transparency for Tether’s reserves and operations.
TREE NEWS update: A King County judge ordered Kalshi to stop offering sports, election, and politics wagers in Washington state by August 19, days after the CFTC endorsed the exchange. This legal setback highlights ongoing regulatory friction for prediction markets.