CFTC Chairman Michael Selig says the agency's proposed crypto framework is built to protect exchange customers from fraud, manipulation, and fund misappropriation, invoking FTX as the case for stronger safeguards....
South Korea's finance ministry has proposed CARF rules requiring crypto service providers to retain external wallet addresses for six years and report crypto payments above $50,000. The move signals tighter...
Empire Market co-founder Raheim Hamilton received a 40-year sentence and must forfeit 1,230 Bitcoin worth about $100 million. The case highlights how U.S. authorities custody, auction, and distribute seized cryptocurrency...
ESMA has launched a consultation on whether EU central counterparties can safely accept tokenized collateral, covering digital twins, native on-chain assets, and hybrid models. The review examines redemption in default...
ESMA has launched a consultation on the legal, liquidity and operational risks of tokenized collateral, testing whether clearing houses can liquidate such assets during market stress. The outcome will shape...
Japan's FSA has urged crypto exchanges and financial institutions to immediately stop using ID document images for KYC and switch to IC chip-based verification, citing rising data breaches. The move...
Thailand's SEC has finalized rules for Bitcoin and Ethereum ETFs, effective October 16, limiting initial products to BTC and ETH with strict custody, exposure, and investor-protection requirements. The framework allows...
The UK sanctioned 38 entities, including three crypto exchanges — Xeltox Enterprises (Cryptomus, Heleket), TokenSpot and Processing KG — for allegedly helping Russia evade Western sanctions via the Kremlin-linked A7...
Raheim Hamilton, co-creator of dark web marketplace Empire Market, was sentenced to 40 years and forfeited 1,230 BTC, while co-defendant Thomas Pavey agreed to forfeit 1,584 BTC ahead of his...
Conduit is suing Tether for freezing $2.76 million in USDT since September 2025, claiming Brazilian police never requested the action. The case tests how much unilateral freeze power stablecoin issuers...
France's National Assembly Finance Committee approved amendments to tax stablecoin conversions, introduce a crypto exit tax, and allow 10-year loss carryforwards, while rejecting a wealth tax expansion to crypto. The...
Binance will restrict eight services and delist 22 tokens in Brazil from October 27 to comply with new central bank crypto rules. The rollback covers Loans, Pool, Cloud Mining and...
Senator Richard Blumenthal has launched an inquiry into Cantor Fitzgerald's relationship with Tether, demanding details on sanctions compliance. The probe highlights growing regulatory scrutiny of stablecoins and their traditional finance...
Senator Richard Blumenthal has formally questioned Cantor Fitzgerald CEO Brandon Lutnick over the firm's custody of Tether reserves, alleging potential exposure to Iranian and Russian illicit finance. The inquiry raises...
The Federal Reserve Board announced an enforcement action against American Express for failing to detect and report suspicious money laundering activity. The move signals heightened AML scrutiny, with potential compliance...
EU-regulated crypto exchanges must delist stablecoins lacking MiCA authorization by Jan. 8, 2025. USDT's lack of an EMI license puts it in a precarious position, while USDC and euro-backed tokens...
Greece's Finance Ministry has drafted a bill imposing a 10% capital gains tax on crypto, down from the 15% rate floated in June. The proposal exempts the first €500 of...
Paying tax to authorities does not mean your Web3 business is legally compliant. Tax compliance and regulatory compliance are separate legal obligations, and conflating them can expose crypto projects to...
Vietnam's Decision No. 1413/QD-TTg proposes exploring a standalone digital asset regulatory framework, tied to building international financial centers in Ho Chi Minh City and Da Nang. The move could pull...
ESMA has ordered EU crypto asset service providers to halt services for non-MiCA-compliant stablecoins, banning new purchases and requiring existing exposure to be unwound within three months, with a final...
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