A UK High Court ruling that Chinese law should govern fraud victims' claims to 61,000 seized Bitcoin could delay restitution and allow UK authorities to retain the $5 billion haul....
Hong Kong's SFC has suspended trading in ChaPanda shares amid an investigation into suspected manipulation of its 2024 IPO demand. The case puts CICC and other underwriters under scrutiny and...
Matrixport HK's application for a Hong Kong virtual asset trading platform license was withdrawn on October 12, according to the SFC's updated register. The move reflects the high compliance bar...
South Korea's FIU has ordered access blocks on 27 unregistered crypto exchanges, including KuCoin, MEXC, and BingX, as part of a broader crackdown on offshore platforms. The move aims to...
Senator Cynthia Lummis criticized Democrats for opposing the CLARITY Act even though it includes a CFTC retail investor advocate office they had demanded. The standoff highlights persistent gridlock in U.S....
a16z crypto argues that repeated KYC checks — not blockchain risk — are blocking institutional DeFi adoption. Reusable credentials, soulbound tokens, and zero-knowledge proofs could let banks verify users once...
Matrixport HK has withdrawn its Hong Kong virtual asset trading platform license application, becoming the latest of 16 applicants to be returned, rejected, or withdrawn. The move highlights the high...
The Monetary Authority of Singapore argues that tokenized markets need a safe settlement asset, positioning central bank money as the ultimate anchor. MAS is preparing wholesale CBDC infrastructure alongside a...
The People's Bank of China has approved Visa, American Express, and Mastercard's China entities to begin preparatory work for bank card clearing operations. The move signals a gradual opening of...
Bank PSB's A7 settlement system will launch A7 International on 13 October, allowing Russian foreign trade operators to pay invoices in USDT while counterparties receive standard SWIFT bank transfers in...
The Financial Stability Board warns that global stablecoins remain untested under severe stress, citing cross-border redemption risks, legal ambiguities, and contagion channels. It urges coordinated monitoring and resolution planning to...
The UK High Court ruled that Chinese investors' claims over 61,000 seized bitcoins from the Tianjin Lantian Gerui fraud must be judged under Chinese law, potentially limiting victims to original...
Chinese authorities investigate CreditEase-linked firms over illegal activities, with ties to Circle and Matrixport. Meanwhile, Kraken receives full VARA approval to operate in the UAE, and Strategy boosts its Bitcoin...
Bank of England Deputy Governor Sarah Breeden said the UK need not rush a retail CBDC, suggesting commercial stablecoins and tokenized bank deposits could serve as a digital pound. The...
3iQ's UAE affiliate has received in-principle approval for a Category 4 license from Abu Dhabi Global Market's FSRA, a step that could let the Canadian digital asset manager offer regulated...
Former CFTC Acting Chair Caroline Pham says the Commodity Exchange Act already gives the agency jurisdiction over nearly all commodities, with only onions and movie box-office receipts excluded — meaning...
Bank of Korea Governor Hyun Song Shin said the central bank will not directly operate stablecoin businesses, leaving issuance to private firms while it focuses on oversight. The stance reinforces...
France is debating an exit tax that would levy charges on unrealized crypto gains above €800,000 when holders leave the country. The proposal could trigger capital flight, complicate valuation, and...
Japanese police arrested six suspects accused of laundering about $580,000 in crypto for fraud syndicates between February and March 2024. The case underscores Japan's tightening enforcement against crypto-enabled financial crime...
Russia's Resolution No. 1300 forces crypto mining farms and hosting operators into the lowest power reliability category, making them first in line for curtailment. The move turns outage risk into...
Subscribe to get important Web3 & AI updates from the TREE NEWS desk by email — free.
