Regulation & Policy
Global regulatory and policy developments affecting crypto and digital assets. Each article is summarised by AI into a factual overview of 50 words or fewer.

South Korea imposes crypto wallet lockdown after Binance hack incident
South Korea has ordered a significant lockdown of cryptocurrency wallets in response to the recent hack of Binance, aiming to enhance security measures and protect users.
SEC Revises Crypto-Asset FAQs Amid Demand for Clarity on Securities Rules
The SEC has updated its frequently asked questions regarding crypto-assets as firms seek clearer guidance on federal securities regulations.
South Korean Regulator Calls for Stricter Cold-Wallet Controls for Crypto Firms
The South Korean financial regulator has requested enhanced controls on cold wallets used by cryptocurrency firms to improve security and protect investors.

Citadel Securities-Backed Group Files Lawsuit Against CFTC Over Futures Expansion
A group backed by Citadel Securities has initiated legal action against the CFTC regarding the expansion of crypto-style perpetual futures.

South Korea's ruling party proposes further delay on crypto tax implementation
The ruling party in South Korea is seeking to postpone the implementation of its cryptocurrency tax once again, citing concerns over the current market conditions and the need for further discussions.
Coinbase resumes crypto staking services in New Jersey after lawsuit dismissal
Coinbase has reinstated its crypto staking services in New Jersey following the state's decision to drop a lawsuit against the company.
Chainalysis Reports Security Incident Involving User Data on October 30
Chainalysis has disclosed a security incident that occurred on October 30, which involved user data. The company is investigating the breach and has taken steps to enhance security measures.
Democrats gain control of the US Senate amid policy changes for crypto industry
The Democrats have secured control of the US Senate, which may lead to significant policy shifts affecting the cryptocurrency sector.
South Korea ruling party suggests delaying crypto tax implementation to 2029
The ruling party in South Korea has proposed postponing the introduction of a cryptocurrency tax until 2029 to allow for better market readiness.
Hong Kong Introduces Toolkit to Prepare Banks for Post-Quantum Era
Hong Kong has launched a toolkit aimed at helping banks prepare for the challenges posed by post-quantum computing.
South Korea's Ruling Party Requests Delay on Cryptocurrency Tax Implementation
The ruling party in South Korea has formally requested a postponement of the planned cryptocurrency tax, aiming to address concerns from the industry and investors.
1inch lawyer discusses US crypto regulation amid midterm elections
A lawyer from 1inch highlights the role of federal agencies in shaping cryptocurrency regulation in the US as the midterm elections approach.
SEC Staff Clarifies Unaffiliated Governance Voters' Role in Decision-Making
The SEC staff stated that unaffiliated governance voters do not constitute a controlling group in governance matters, providing clarity on their influence in decision-making processes.
BTCPay Server 2.4.7 Security Update Urges Action for Self-Hosted Merchants
BTCPay Server has released version 2.4.7, addressing critical security vulnerabilities. Merchants using self-hosted solutions are urged to update promptly to safeguard their operations.
Justin Sun Seeks Sanctions Against Trump-Backed World Liberty Financial
Tron founder Justin Sun is pursuing sanctions against World Liberty Financial, a company associated with Donald Trump. The legal action highlights ongoing tensions in the cryptocurrency and financial sectors.
US Midterms 2026: Implications for Cryptocurrency Market
The upcoming US midterm elections in 2026 are expected to influence the cryptocurrency landscape, with potential regulatory changes and market reactions. Analysts discuss how election outcomes may affect crypto policies and investor sentiment.

Mathematical Law Predicts Bitcoin Price Trends for 2033
A 130-year-old mathematical law has been applied to forecast Bitcoin's price trajectory, suggesting significant developments by 2033.
Justin Sun Seeks Sanctions Amid World Liberty's UAE Citizenship Case
Justin Sun is pursuing sanctions as World Liberty's efforts for UAE citizenship may shift his lawsuit to state court.

CFTC faces legal battle over stock perpetuals following crypto version approval
The Commodity Futures Trading Commission is embroiled in a legal dispute concerning stock perpetual contracts, having previously facilitated the introduction of a similar product for cryptocurrencies.
Binance replenishes 98% of assets after October security breach
Binance has restored 98% of $6.34 billion in affected assets following a security breach. CEO Richard Teng confirmed the exchange is purchasing remaining illiquid assets and has completed its Proof of Reserves verification to enhance user confidence.
Federal Reserve's new lending rules may impact Bitcoin investors
The Federal Reserve is tightening bank lending rules, which could have significant implications for Bitcoin investors. The changes aim to enhance financial stability but may lead to reduced liquidity in the cryptocurrency market.
SEC Staff Provides No-Action Relief for Canton Coin's Token Minting
The SEC staff has granted no-action relief to Canton Coin, allowing the company to proceed with its token minting without immediate regulatory concerns.
CFTC Approves Stock Perpetual Futures for US Exchange Trading
The Commodity Futures Trading Commission has approved the trading of stock perpetual futures on US exchanges, marking a significant development in the derivatives market.
CFTC Approves Crypto-Style Perpetual Futures for Stock Trading
The Commodity Futures Trading Commission has allowed traders to use perpetual futures contracts for stock trading, similar to those used in cryptocurrency markets.
CFTC Approves Equity Perpetual Futures Trading
The Commodity Futures Trading Commission has approved the trading of equity perpetual futures, marking a significant development in the financial markets.
Crypto Industry Spends $55 Million on Ohio Senate Race Support
The cryptocurrency sector has invested $55 million to support a senator who has already shown backing for the CLARITY Act in Ohio's Senate race.

Justin Sun claims Trump's crypto firm misrepresented UAE ties to evade US court
Justin Sun alleges that a cryptocurrency firm associated with Donald Trump falsely claimed connections to the UAE to avoid legal proceedings in the United States.
Binance's tokenized stocks valued at $1.4 billion, leading market despite custody issues
Binance's tokenized stocks, known as bStocks, have reached approximately $1.4 billion in value, leading the market. However, custody practices have allowed rival Ondo to rank first in issuer value, with $902.8 million.
CFTC's Selig Announces Trading of Perpetual Futures on Individual Stocks
The CFTC's Selig has confirmed that perpetual futures on individual stocks are now permitted for trading in the US, expanding the derivatives market.
Crypto.com to Close Hong Kong Consumer App in February Amid Licence Application
Crypto.com has announced the closure of its consumer app in Hong Kong in February, while it continues to pursue a licence from the Securities and Futures Commission.

Justin Sun calls for sanctions against World Liberty Financial over UAE connections
Justin Sun has requested sanctions against World Liberty Financial, which has ties to Donald Trump, due to its connections with the UAE.
Société Générale accepts $10M in tokenised Treasuries as collateral
Société Générale has accepted $10 million in DTCC-tokenised U.S. Treasuries as collateral on Canton Network. This integration aligns with the bank's existing operational systems but does not affect DTC's risk calculations regarding tokenised entitlements.
Hong Kong bank initiates 24/7 cash settlement for tokenised fund transactions
A Hong Kong bank has launched a pilot programme enabling round-the-clock cash settlement for tokenised fund deals, enhancing the efficiency of financial transactions in the region.
Justin Sun seeks sanctions in $45 million WLFI lawsuit over ownership disclosures
Justin Sun's lawsuit against World Liberty Financial now includes a request for sanctions over alleged withholding of UAE citizenship information. His $45 million lawsuit claims fraud and contract breaches related to frozen WLFI tokens.
Gemini adds HYPE and ZEC trading markets, but volume remains unreported
Gemini has launched trading markets for Hyperliquid ($HYPE) and Zcash ($ZEC). The new markets aim to enhance trading opportunities, but no trading volume has been reported for either asset.

CFTC approves perpetual futures on stocks, adopting crypto trading model
The CFTC has approved the introduction of perpetual futures on stocks, a move that aligns traditional financial markets with cryptocurrency trading practices.

CFTC Approves Perpetual Futures for US Stock Market
The Commodity Futures Trading Commission has approved the introduction of perpetual futures contracts for US stocks, expanding trading options in the equity market.
Binance reportedly lacks cyber insurance following $6.3 billion hack
Bloomberg Law reports that Binance does not have cyber insurance to cover losses from a recent $6.3 billion hack.
France Postpones Budget Vote, Impacting Stablecoin Tax Legislation
France has delayed its budget vote once more, leaving the proposed tax on stablecoins unresolved. This postponement raises concerns over the regulatory framework for digital currencies in the country.
France delays 2027 budget vote and rejects crypto exit-tax proposals
The French government has postponed the vote on its 2027 budget and decided against implementing proposed exit taxes on cryptocurrencies.
Brazil, Thailand, and India Define Legal and Financial Frameworks for Crypto
Brazil, Thailand, and India have established clearer regulations regarding the legal and financial aspects of cryptocurrency, aiming to enhance compliance and foster growth in the digital asset sector.
Coinbase Announces New Jersey Users Can Resume Staking After Order Rescinded
Coinbase has informed users in New Jersey that they can resume staking services following the state's regulator's decision to rescind a cease-and-desist order issued in 2023.
Trump Endorses Hageman to Replace Cynthia Lummis as CLARITY Champion
Cynthia Lummis, a prominent advocate for Bitcoin, is set to be replaced by Hageman, who has received Donald Trump's endorsement.
Crypto.com to withdraw Hong Kong consumer app due to regulatory changes
Crypto.com has announced it will withdraw its consumer app in Hong Kong, citing changes in regulatory requirements. The decision comes as the company awaits a new licence to operate in the region.
SAT Japan Introduces USDT and USDC Payments with Dollar Settlement
SAT Japan has added support for USDT and USDC payments, enabling dollar settlements through Triple-A. This move aims to enhance payment options for users.

SEC Simplifies Regulations for Governance Tokens Including Uniswap
The SEC has clarified regulations regarding governance tokens, making it easier for platforms like Uniswap to operate. This change aims to provide clearer guidelines for token holders and their voting rights.
Custodia Bank Appeals to Supreme Court Against Federal Reserve Policies
Custodia Bank has called on the Supreme Court to intervene and end what it describes as the 'tyranny' of the Federal Reserve's regulatory practices affecting the cryptocurrency sector.
New Jersey withdraws Coinbase staking order amid crypto market developments
New Jersey has dropped its order against Coinbase regarding staking services, coinciding with significant developments in the cryptocurrency market.
New Jersey Drops Lawsuit Against Coinbase, Staking Services May Resume
Coinbase users in New Jersey could regain access to crypto staking services after the state dropped its lawsuit against the exchange. The legal dispute began in June 2023 over claims of unregistered securities related to staking.

New Jersey Lifts Coinbase Staking Ban After Three Years
New Jersey has ended its three-year ban on Coinbase staking, potentially influencing other states to reconsider similar restrictions.
SEC Staff Provides Guidance on Token Voter Classification
The SEC staff has clarified the conditions under which token voters do not qualify as a central party in regulatory terms, impacting how these entities are viewed under existing laws.
NEAR Intents Head Outlines Three Key Survival Rules for Crypto Wallets
The head of NEAR Intents has shared three essential rules for maintaining the security and longevity of crypto wallets, emphasising the importance of user awareness and best practices.
Eclair updates Bitcoin funding rules to enhance Lightning payment security
Eclair has revised its Bitcoin funding regulations following concerns that unconfirmed inputs could jeopardise Lightning payments.
Hong Kong Moves EnsembleTX to 24/7 Settlement and Plans Stablecoin Trials
Hong Kong has upgraded EnsembleTX to enable 24/7 settlement services and announced plans to trial stablecoins as part of its digital finance strategy.
Netanyahu's Crypto Sanctions Proposal Threatens Israeli Web3 Development
Israeli Prime Minister Benjamin Netanyahu's proposal for crypto sanctions could negatively impact the country's Web3 ecosystem, stifling innovation and growth in the sector.
Visa's Stablecoin Payments: Understanding Settlement, Spending, and Payouts
The article explains how Visa is integrating stablecoin payments into its system, detailing the processes of settlement, spending, and payouts. It highlights the implications for traditional finance and fintech sectors.
Hong Kong to Implement 24/7 Tokenised Settlement and Stablecoin Trials
Hong Kong plans to introduce 24/7 tokenised settlement systems and conduct trials for stablecoins, aiming to enhance its financial infrastructure and digital currency capabilities.
South Korea considers monthly crypto reports and potential education tax
South Korea is exploring the implementation of monthly reporting requirements for cryptocurrency transactions and the introduction of an education tax related to crypto activities.
Circle Requests SEC Guidance on Cash Treatment for Payment Stablecoins
Circle has formally asked the SEC to provide clarity on how qualifying payment stablecoins should be treated as cash under regulatory frameworks.
Bank of Korea investigates financial firms' cryptocurrency exposure
The Bank of Korea is examining the exposure of financial institutions to cryptocurrency risks amid growing concerns over the sector's volatility and potential impact on the financial system.

Brazil Closes Deadline for Crypto Business Licences Amid Adoption Surge
Brazil has officially closed the deadline for cryptocurrency business licences, following its status as a leading adopter of digital currencies. The move is part of ongoing regulatory efforts in the rapidly evolving crypto landscape.
This Week in Crypto Law: Key Developments and Updates
The latest updates in cryptocurrency regulation and legal matters are discussed, highlighting significant changes and ongoing cases in the crypto space.
Only 40 Crypto Firms Obtain Licences Under Brazil's New Regulations
Brazil's stringent licensing deadline has resulted in only 40 cryptocurrency firms successfully obtaining the necessary licences to operate.
HTX Ceases UK Operations Following FCA Court Undertakings on Crypto Promotions
HTX has halted its activities in the UK after the Financial Conduct Authority secured court undertakings regarding cryptocurrency promotions.
SEC Files Charges Against BG Wealth and DSJ Exchange in $130M Crypto Fraud Case
The SEC has charged BG Wealth and DSJ Exchange for allegedly orchestrating a $130 million cryptocurrency scheme.
Crypto scammers exploit SEC website in $130 million fraud scheme
Scammers have reportedly used the SEC's website to deceive investors, leading to an alleged $130 million fraud in the cryptocurrency sector.

Crypto PACs Increase Support for Republicans Ahead of November 3 Election
Political Action Committees focused on cryptocurrency have intensified their backing for Republican candidates in the lead-up to the November 3 election.
HTX Ceases Operations in the UK Following FCA Settlement on Crypto Promotions
HTX has announced its exit from the UK market after reaching a settlement with the Financial Conduct Authority regarding its cryptocurrency promotions.
Noncustodial Crypto Businesses and Money Transmitter Licences
The article explores whether noncustodial cryptocurrency businesses require a money transmitter licence, detailing regulatory considerations and implications for operators in the crypto space.
Anchorpoint partners with Solana to introduce HKDAP regulated stablecoin
Anchorpoint has collaborated with Solana to launch a regulated stablecoin known as HKDAP, aimed at enhancing digital asset transactions in Hong Kong.
US Imposes Sanctions on Two Russians for North Korean Crypto Activities
The US has sanctioned two Russian individuals for facilitating cryptocurrency cash-outs for North Korean IT workers, aiming to disrupt funding for North Korea's illicit activities.
Binance $6B Hack Sparks Regulatory Debate in Washington Ahead of Elections
The recent $6 billion hack of Binance has intensified discussions in Washington regarding cryptocurrency regulation, particularly as elections approach.
CFTC and US Lawmaker Disagree on Binance’s $6.3 Billion Hack Response
The CFTC and a US lawmaker have provided conflicting statements regarding the response to Binance's $6.3 billion hack, highlighting differing perspectives on regulatory actions and accountability in the cryptocurrency sector.
Westpac restricts crypto exchange deposits due to fraud regulations
Westpac has implemented limits on deposits to cryptocurrency exchanges as part of new fraud prevention measures. The bank aims to enhance security and protect customers from potential scams.
Canton Strategic Holdings Plans to Tokenise Shares Under SEC Exemption
Canton Strategic Holdings is set to tokenize its shares following the SEC's new exemption, aiming to enhance liquidity and accessibility for investors.
KuCoin Suspends All Services for Users in Russia and Belarus
KuCoin has announced the immediate suspension of all products and services for users located in Russia and Belarus.

CFTC's Federal Option for Centralised Exchanges Gains Attention
The Commodity Futures Trading Commission's federal option for centralised exchanges is becoming increasingly significant, prompting discussions on its implications for the regulatory landscape in the cryptocurrency market.
Israel Extradites Nomad Suspect Following Supreme Court Ruling
Israel has extradited a suspect linked to a nomadic lifestyle after the Supreme Court dismissed his defence based on a coding error.
SEC Alleges $130 Million Crypto Scheme Misused Agency Databases
The SEC has accused a cryptocurrency scheme of using its own databases to appear registered, involving $130 million in fraudulent activities.
CFTC Chair Advocates for US Oversight of Offshore Exchanges After Binance Hack
The CFTC Chair emphasises the need for regulatory oversight of offshore exchanges following the recent Binance hack, highlighting potential risks to investors and the broader financial system.
US probes $6 billion Binance hack as calls for crypto regulation increase
The US government is investigating a significant hack of Binance, which resulted in a loss of $6 billion. This incident has intensified discussions surrounding the need for stricter regulations in the cryptocurrency sector.
A16z and Uniswap Warn Illinois Crypto Tax Rules May Ban DeFi Activities
A16z and Uniswap have raised concerns that proposed tax regulations in Illinois could effectively ban decentralised finance (DeFi) activities, impacting the crypto industry in the state.
CFTC suggests federal registration for leveraged cryptocurrency exchanges
The Commodity Futures Trading Commission has proposed a federal registration option for leveraged cryptocurrency exchanges, aiming to enhance regulatory oversight and consumer protection in the digital asset market.
CFTC Chair Highlights Binance Hack to Advocate for Offshore Exchange Registration
CFTC Chair Rostin Behnam emphasises the need for offshore exchanges to register, citing the recent $6.3 billion hack of Binance as a significant concern for regulatory oversight.
UK Crypto Firms Advised to Consider MiCA Licensing Issues in Europe
UK cryptocurrency companies are encouraged to analyse the licensing challenges faced by their European counterparts under the Markets in Crypto-Assets (MiCA) regulation to better prepare for upcoming regulatory changes.

SEC Charges Two Firms Over $130 Million Cryptocurrency Trading Scheme
The SEC has charged two companies involved in a cryptocurrency trading scheme that allegedly defrauded investors of $130 million. The charges highlight ongoing regulatory scrutiny in the crypto market.
Uniswap, a16z and DEF Request Exemptions from Illinois Crypto Tax Regulations
Uniswap, a16z, and the Decentralised Finance (DeFi) community are seeking exemptions from new cryptocurrency tax rules in Illinois, arguing that these regulations could hinder innovation in the DeFi space.

Doomberg: US Treasury Sanctions Could Benefit Bitcoin and Gold
Doomberg suggests that recent US Treasury sanctions may have a positive impact on Bitcoin and gold markets, indicating a bullish outlook for both assets.
Kalshi faces 13 felony charges in Utah linked to $10 sports bet
Kalshi has been charged with 13 felonies in Utah, stemming from a $10 sports bet. The case raises questions about the legality of their operations in the state.
SEC Accuses BG Wealth and DSJ Exchange of $130 Million Fraud Scheme
The SEC has charged BG Wealth and DSJ Exchange for allegedly defrauding investors of over $130 million by falsifying SEC filings.
Circle and ACI to launch USDC settlement pilot in Colombia
Circle and ACI are set to initiate a pilot programme for USDC settlements using Colombia's payment infrastructure.

XRP Ledger developers impose stricter rules for holding restricted tokens
Developers of the XRP Ledger have announced new regulations regarding who is permitted to hold restricted tokens, aiming to enhance security and compliance within the network.

DraftKings CEO Highlights Potential in New Prediction Market Rival
DraftKings CEO discusses the significant opportunities presented by the emergence of a new competitor in the prediction market space, joining existing platforms like Polymarket and Kalshi.

Circle and ACI Integrate USDC for Latin American Payment Operations
Circle and ACI have announced the integration of USDC settlement into payment operations across Latin America, aiming to enhance transaction efficiency and support digital currency adoption in the region.
Coinbase Seeks Approval to Operate Under Brazil's New Cryptocurrency Regulations
Coinbase has submitted a request to continue its operations in Brazil, adhering to the country's newly established cryptocurrency regulations.
HTX Commits to Five-Year Plan for UK Crypto Promotions Amid FCA Settlement
HTX has made a five-year commitment regarding its cryptocurrency promotions in the UK as part of a settlement with the Financial Conduct Authority.
HTX ceases operations in the UK, customers face withdrawal restrictions
HTX has announced its exit from the UK market, requiring customers to request a 48-hour window for withdrawals.
HTX Exits UK Following FCA Settlement; KuCoin Leaves Russia and Belarus
HTX has ceased operations in the UK after reaching a settlement with the FCA. Meanwhile, KuCoin has announced its withdrawal from the Russian and Belarusian markets.

