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.

NBA embraces CFTC prediction markets as NFL remains hesitant
The NBA has joined other professional sports leagues in supporting CFTC prediction markets, while the NFL continues to resist participation in this emerging trend.
Canada initiates consultation on stablecoin regulations, maintains yield ban
The Canadian government has opened a consultation process regarding regulations for stablecoins while continuing to enforce a ban on yield generation from these digital assets.
Canada initiates consultation on draft stablecoin regulations
Canada has opened a consultation process regarding proposed stablecoin regulations while continuing to enforce a ban on yield generation from these digital assets.

South Korea Considers Fourth Delay of Crypto Tax Implementation
South Korea is contemplating a fourth postponement of its cryptocurrency tax, potentially starting in 2029, contingent on data sharing agreements with the United States.
Israel's Central Bank Opposes Netanyahu's Crypto Sanctions Evasion Plan
Israel's Central Bank has publicly opposed Prime Minister Netanyahu's proposal to use cryptocurrency as a means to evade international sanctions.
Netanyahu Proposes Blockchain to Circumvent Sanctions Amid Central Bank Concerns
Israeli Prime Minister Benjamin Netanyahu suggests using blockchain technology as a means to bypass international sanctions, while the country's central bank raises objections to this approach.
FCA suggests personal wallet checks in new crypto guidance
The Financial Conduct Authority has proposed nonbinding guidance that includes checks on personal wallets for cryptocurrency transactions, aiming to enhance consumer protection and compliance in the crypto sector.
South Korea to Postpone Cryptocurrency Tax Implementation Again
South Korea has announced another delay in the implementation of its cryptocurrency tax, extending the timeline for taxation on digital assets.

Netanyahu Criticised for Suggesting Crypto to Evade Sanctions
Israeli Prime Minister Benjamin Netanyahu has faced criticism for proposing the use of cryptocurrency as a means to bypass international sanctions.
David Schwartz: XRP Will Thrive Even If Bitcoin Dominates Settlements
Ripple's David Schwartz explains that XRP will maintain value through its unique advantages on the XRP Ledger, even in a Bitcoin-dominated settlement world.
Canada suggests 1% fee cap for direct stablecoin cash-outs for small holders
The Canadian government has proposed a new policy allowing small holders of stablecoins to cash out directly with a fee cap of 1%. This initiative aims to enhance accessibility and liquidity for users in the cryptocurrency market.
Tax preparer faces allegations of falsely claiming crypto losses
A tax preparer has been accused of submitting fraudulent claims for losses on cryptocurrencies that were never owned, raising concerns about tax compliance in the digital asset sector.
California Challenges SEC's Crypto Regulation Over Investor Protection Concerns
California has voiced opposition to the SEC's proposed cryptocurrency regulations, citing potential risks to investor protection. The state's concerns highlight the ongoing debate over regulatory approaches in the cryptocurrency market.
Robinhood Aims for 2027 Launch in Middle East Following DFSA Approval
Robinhood has received authorisation from the Dubai Financial Services Authority and plans to launch its services in the Middle East by 2027.
Bank of Israel Dismisses Netanyahu's Proposal on Crypto Sanction Evasion
The Bank of Israel has rejected Prime Minister Netanyahu's plan aimed at using cryptocurrency to evade sanctions.
ECB official highlights digital euro's role in safeguarding EU sovereignty
An ECB official has stated that the digital euro is essential for maintaining the European Union's financial sovereignty amid global economic challenges.
Latvia plans tokenization regulations for commercial property by 2027
Latvia is set to introduce tokenization rules in 2027, focusing on the commercial property sector to enhance investment opportunities and regulatory clarity.
22 Issuers Object as Blue Chips Withdraw from OKX-ICE Tokenised Stocks
Several issuers have raised objections as prominent blue chip companies opt out of the SEC sandbox for OKX-ICE tokenised stocks.
Netanyahu proposes blockchain to counter potential financial sanctions
Israeli Prime Minister Benjamin Netanyahu has suggested using blockchain technology as a means to mitigate the impact of potential financial sanctions on the country.
Fomo Co-Founder Declines New Token or Rival to Pump.fun Amid Market Saturation
The co-founder of Fomo has stated that they will not launch a new token or a competitor to Pump.fun, citing an already saturated market with numerous cryptocurrencies.
South Korea delays crypto gains tax implementation to 2029
South Korea has announced a delay in the implementation of its crypto gains tax until 2029, marking the fourth postponement since 2020.
Bank of Israel Opposes Netanyahu's Proposal for Crypto to Avoid Sanctions
The Bank of Israel has rejected Prime Minister Netanyahu's plan to utilise cryptocurrency as a means to circumvent international sanctions.
Scott Bessent Describes GENIUS Act as Key Development for Stablecoin Regulation
Scott Bessent has labelled the GENIUS Act a significant milestone as the OCC establishes new regulations for stablecoins.
Three Central Banks Collaborate on Cross-Border Stablecoin Settlement Initiative
Three central banks are joining a coalition of 25 institutions to explore cross-border stablecoin settlements, a move flagged by the Financial Stability Board as potentially risky.

SEC Includes Tokenization in 2027 Examination Priorities
The SEC has announced that tokenization will be part of its examination priorities for 2027, highlighting its focus on the evolving landscape of digital assets and regulatory frameworks.
NYSE Owner Supports 24/7 Stock Tokens Without Traditional Price Rules
The owner of the NYSE is endorsing the introduction of 24/7 stock tokens, which will operate outside the conventional pricing regulations typically enforced by Wall Street.
Circle shareholder files lawsuit against Trump over UAE crypto agreements
A shareholder of Circle has initiated legal action against Donald Trump, alleging that his deals in the UAE could generate up to $82 million in annual revenue.
IRS launches voluntary disclosure programme for crypto tax compliance
The IRS has introduced a voluntary disclosure programme aimed at addressing tax issues related to cryptocurrency transactions, encouraging taxpayers to report their crypto earnings.
Hyperliquid founder calls for US focus on market operators for regulation
The founder of Hyperliquid has emphasised the need for the US to concentrate on market operators to improve regulatory access in the cryptocurrency sector.
IRS to Reduce Penalties for Crypto Tax Disclosures and Speed Up Resolutions
The IRS is planning to lower penalties for voluntary crypto tax disclosures and aims to expedite the resolution process for taxpayers. This initiative is part of efforts to improve compliance and address the complexities of cryptocurrency taxation.

Bitcoin Core Accelerates Bug Fixes Amid AI Disclosure Rule Changes
Bitcoin Core has announced a faster approach to addressing bugs in its software. This decision comes in response to new disclosure rules related to artificial intelligence, aiming to enhance security and efficiency in the development process.
Injective CEO discusses onchain finance with White House and regulatory officials
The CEO of Injective met with officials from the White House, SEC, and CFTC to discuss the future of onchain finance and regulatory frameworks.
Senator investigates Tether's $6 million payments to ex-White House adviser
A senator is examining Tether's reported payments of $6 million to a firm linked to a former White House cryptocurrency adviser. The inquiry raises questions about potential conflicts of interest and transparency in the cryptocurrency sector.
Judge Dismisses LIBRA Case Against Javier Milei, No Crime Found
A judge has dismissed the LIBRA case against Javier Milei, concluding that the facts surrounding the memecoin do not constitute a crime.
SEC Includes Tokenized Securities and Super Intelligence in FY2027 Agenda
The SEC has announced that it will focus on tokenized securities and super intelligence in its examination priorities for FY2027.
SEC Plans to Examine Tokenization at Clearing Agencies in Fiscal 2027
The SEC has announced its intention to focus on the tokenization of assets at clearing agencies during fiscal 2027, aiming to address regulatory implications and operational challenges.
New York Seeks $1.37 Billion Judgment Against NovaTech Founders
The state of New York has requested a court to impose a $1.37 billion judgment against the founders of NovaTech, alleging fraudulent activities related to the company's operations.
New OCC Stablecoin Rule Alters Redemption Processes for Banks
The Office of the Comptroller of the Currency has introduced a new rule affecting stablecoin redemptions, prompting significant changes for banks involved in cryptocurrency transactions.
Argentine Court Acquits President Milei in Libra Cryptocurrency Case
An Argentine court has cleared President Javier Milei of all charges related to the Libra cryptocurrency case, allowing him to continue his presidency without legal hindrance.
Aave Alters USDT Borrowing Rules, Resulting in Increased Loan Costs
Aave has modified its borrowing rules for USDT, leading to a sudden rise in loan costs for users. The changes have sparked discussions within the community regarding the implications for borrowing strategies.
Netanyahu Explores Cryptocurrency to Mitigate Banking Sanctions on Israel
Israeli Prime Minister Benjamin Netanyahu is considering a cryptocurrency strategy to circumvent banking sanctions imposed on the country. The plan aims to enhance financial resilience amid ongoing economic challenges.
IRS to Reduce Penalties for Tax Disclosure Violations, Including Crypto
The IRS is planning to lower penalties for tax disclosure violations, which will also apply to cryptocurrency transactions, according to a report by Forbes.
UK FCA indicates crypto apps may require licences for algorithmic trading
The UK's Financial Conduct Authority has stated that cryptocurrency applications could need regulatory licences if they use algorithms to select trading routes.
SEC Focuses on Tokenization, AI, and Quantum Computing for 2027
The SEC has outlined its examination priorities for 2027, highlighting a focus on tokenization, artificial intelligence, and quantum computing as key areas of interest.
CFTC Reports Bitcoin Futures Speculators Net Long 2,418 Contracts
Recent CFTC data indicates that Bitcoin futures speculators hold a net long position of 2,418 contracts, reflecting market sentiment towards the cryptocurrency.
Netanyahu Initiates Blockchain Strategy to Counter Possible Sanctions
Israeli Prime Minister Benjamin Netanyahu has ordered the development of a blockchain plan aimed at helping the country evade potential sanctions.
SEC Identifies AI Super Intelligence and Tokenisation as Market Risks
The SEC has flagged AI super intelligence and tokenisation as potential systemic risks to the market, highlighting concerns over their impact on financial stability.
Netanyahu Requests Blockchain Plan to Address Potential Banking Sanctions
Israeli Prime Minister Benjamin Netanyahu has stated that he has requested a blockchain plan to prepare for potential banking sanctions.
New York AG Demands $1.37 Billion from NovaTech Founders
The New York Attorney General is seeking $1.37 billion from the founders of NovaTech, while promoters of the firm have agreed to settle for nearly $6 million.
US Senator Investigates Tether Following Deal with Ex-Trump Crypto Adviser
A US senator is probing Tether after reports emerged of a deal involving Bo Hines, a former adviser to Donald Trump on cryptocurrency matters.

Crypto Industry Advocates for Tax Relief and Clear Regulations in Congress
The Blockchain Association is urging Congress to provide tax relief for small cryptocurrency transactions and establish clearer regulatory guidelines for the industry.
Coinbase to discontinue Japanese yen stablecoin following price crash
Coinbase has announced it will drop a Japanese yen stablecoin, which faced a significant price crash that led to investor lawsuits.
Netanyahu proposes blockchain strategy to mitigate financial sanctions
Israeli Prime Minister Benjamin Netanyahu is advocating for a blockchain initiative aimed at countering potential financial sanctions against the country.
SEC identifies tokenization as a high-risk area for 2027 market examinations
The SEC has flagged tokenized securities as a high-risk focus for its market examinations in 2027, highlighting concerns over regulatory compliance and investor protection.
Pentagon Prohibits Military Insider Trading on Polymarket and Kalshi
The Pentagon has banned military personnel from engaging in insider trading on betting platforms Polymarket and Kalshi following a scandal involving $400,000 in bets.
SEC Includes Tokenization in 2027 Examination Priorities
The SEC has announced that tokenization will be part of its examination priorities for 2027, highlighting the increasing importance of digital assets in regulatory oversight.

Bank of Korea Advocates for Stablecoins in Forex Legislation Amid Crypto Developments
The Bank of Korea is pushing for the inclusion of stablecoins in foreign exchange laws as discussions on a new crypto bill and tax regulations intensify.
Bitcoin Core updates security protocols amid AI advancements in bug detection
Bitcoin Core has revised its security rules to address vulnerabilities that artificial intelligence can easily identify, enhancing the overall safety of the platform.
Coinbase Ireland's cash safeguards lacking by €5 million ahead of 2024 changes
Coinbase Ireland's cash safeguards were reported to be €5 million short before planned fixes in 2024.
Blockchain Association calls for urgent crypto tax legislation from Congress
The Blockchain Association is urging Congress to enact crypto tax regulations promptly to avoid potential complications for the industry.
Former Circle Engineer Sues Trump Over Emirati Payments to Financial Firm
A former engineer from Circle has filed a lawsuit against Donald Trump, alleging improper payments from Emirati sources to World Liberty Financial.
South Korea to Regulate Stablecoins Under Forex Law for Payments
South Korea plans to regulate stablecoins by applying foreign exchange laws. This move aims to ensure proper oversight and security for digital currency payments within the country.
Bybit obtains first full Dubai licence for spot trading services
Bybit has secured the first full licence for spot trading services in Dubai, marking a significant milestone for the cryptocurrency exchange in the region.
Blockchain Association Calls on Congress to Implement Crypto Tax Regulations
The Blockchain Association has urged Congress to establish clear tax rules for cryptocurrencies, presenting ten guiding principles to shape the legislation.
South Africa Revises Controversial Cryptocurrency Regulations Following Public Outcry
The South African government has amended its proposed cryptocurrency regulations after receiving significant backlash from the public and industry stakeholders.
Ripple Responds to $150M SEC Lawsuit with New Legal Strategy
Ripple has taken unexpected legal action in response to a $150 million lawsuit from the SEC regarding XRP. Meanwhile, the OCC has introduced new rules under the GENIUS Act.

JPMorgan Cautions on Potential Reversal of US Crypto Regulations Post-2028 Election
JPMorgan has warned that regulatory advancements for cryptocurrency in the US may be undone following the 2028 election, highlighting concerns over future policy changes.
Kraken Considers Kazakhstan Market Following New Crypto Regulations
Kraken is exploring opportunities in Kazakhstan as the country implements stricter regulations on cryptocurrency. The exchange aims to adapt to the evolving regulatory landscape to better serve local users.
Bybit Secures Active Spot License in Dubai After Provisional Approval
Bybit has obtained an active spot trading licence in Dubai, two years after receiving provisional approval from the Dubai Virtual Asset Regulatory Authority.
South Korea to Classify Stablecoins as Payment Instruments Under Forex Law
South Korea plans to classify stablecoins as payment instruments under its foreign exchange law, aiming to regulate their use and enhance financial stability.

South Korea's Crypto Bill Advances Amid Ongoing Tax Discussions
South Korea's legislative process for a new cryptocurrency bill is nearing completion, with significant debates surrounding taxation still ongoing.
DFINITY's ICP Claims Near Protocol Uses Its Proprietary Technology
Dominic Williams of DFINITY alleges that Near Protocol's technology is based on ICP's proprietary tech. Legal action may follow, with odds of success estimated between 79% and 85%. The community remains divided over the merits of both platforms.
Pentagon prohibits US forces from betting using military information
The Pentagon has banned US military personnel from using classified information to participate in prediction markets. This decision aims to prevent potential conflicts of interest and maintain the integrity of military operations.
US Imposes New Ban on DeepSeek as Swiss-Asia Crypto Relations Strengthen
The United States has announced a new ban on DeepSeek, coinciding with increasing ties between Switzerland and Asia in the cryptocurrency sector.
Japan Explores Tax Refunds on Stablecoins for Foreign Tourists
Japan is considering implementing tax refunds on stablecoin transactions for foreign tourists, aiming to enhance the country's appeal as a travel destination.
Circle shareholder files lawsuit against Trump and associates over crypto deals
A shareholder of Circle has initiated legal action against Donald Trump, World Liberty Financial, and Steve Witkoff, alleging corruption related to cryptocurrency transactions.

Circle Shareholder Files Lawsuit Against Trump Over UAE Crypto Transactions
A shareholder of Circle has initiated legal action against Donald Trump, claiming he profited unconstitutionally from $2 billion in cryptocurrency deals in the UAE.
OCC withdraws affiliate rewards presumption proposal, stablecoin yield ban remains
The OCC has decided to drop its proposed presumption for affiliate rewards while maintaining the ban on stablecoin yields. This decision impacts regulatory frameworks surrounding cryptocurrency and financial institutions.

Google Implements New Crypto Advertising Rules in the UAE
Google has introduced updated advertising regulations for cryptocurrency in the UAE, effective immediately. These changes aim to enhance compliance and ensure a safer advertising environment for users.

Blockchain Association Urges Congress for Crypto Tax Clarity as Act Stalls
The Blockchain Association is advocating for clearer cryptocurrency tax regulations as the Clarity Act faces delays in Congress.
Bitwise Requests SEC Protection for Funds Based on Token Status Filings
Bitwise has submitted a request to the SEC, seeking protection for funds that depend on the status of token filings. The firm aims to clarify regulatory uncertainties surrounding digital assets.
Winklevoss PAC invests $81K in Texas Senate race advertising
The Winklevoss Political Action Committee has made an $81,000 advertising buy in the Texas Senate race, targeting candidates Paxton and Talarico.
Ripple Partners with Arf to Enhance RLUSD Settlement Liquidity on XRP Ledger
Ripple has teamed up with Arf to provide RLUSD settlement liquidity on the XRP Ledger, enabling licensed payment companies to access short-term funds for cross-border transactions.
Albuquerque's Ban on Bitcoin and Crypto ATMs Enforced with Daily Fines
A ban on Bitcoin and cryptocurrency ATMs in Albuquerque has come into effect, imposing fines of $500 per day for non-compliance.
Irish Central Bank fines Coinbase $3.6 million for compliance failures
The Central Bank of Ireland has imposed a fine of $3.6 million on Coinbase's Irish arm due to failures in oversight and safeguarding measures.

Robinhood Secures Dubai Licence for Bitcoin and Stock Trading
Robinhood has obtained a licence to operate in Dubai, enabling it to offer Bitcoin and stock trading services in the Middle East starting in 2027.
Robinhood earns $51 million in blockchain fees, Ethereum costs at $69,000
Robinhood has generated $51 million in blockchain fees, while the total settlement costs for Ethereum transactions amount to just $69,000.

LINK, ADA, AVAX and Others Collaborate Against SEC Regulations
Several cryptocurrencies, including Chainlink, Cardano, and Avalanche, are joining forces to challenge the SEC's regulatory stance on digital commodities, potentially signalling a significant shift in the crypto landscape.
Ethereum proposes four-minute settlement plan to reduce crypto transfer costs
Ethereum has introduced a plan aimed at achieving four-minute settlement times, which could significantly lower the costs associated with moving cryptocurrency.
Qubic mandates ownership checks for all funds in vulnerable wallets
Qubic has introduced recovery rules that necessitate ownership verification for funds in vulnerable wallets, even if those funds have not been stolen.
The UK requires a practical approach to regulated DeFi access
The article discusses the necessity for the UK to establish a clear and effective framework for regulated access to decentralised finance (DeFi) to ensure consumer protection and innovation in the sector.
Bybit receives VARA approval for spot exchange services in Dubai
Bybit has been granted approval by the Dubai Virtual Assets Regulatory Authority (VARA) to operate its spot exchange services in Dubai, enhancing its presence in the region.
US relaxes stablecoin reserve regulations amid banking concerns
The US has eased reserve requirements for stablecoins, prompting warnings from banks that billions could be diverted away from traditional lending.
OCC GENIUS Act Proposals May Transform US Stablecoin Regulations
The OCC has proposed new rules under the GENIUS Act that could significantly alter the regulatory landscape for stablecoins in the US, aiming to provide clearer guidelines for their use and management.
South Korea's cryptocurrency legislation approaches finalisation amid tax discussions
South Korea's proposed cryptocurrency bill is nearing completion as debates over taxation intensify. The legislation aims to regulate the crypto market and establish a framework for taxation.
Albuquerque Implements Ban on Bitcoin ATMs
The city of Albuquerque has enacted a ban on Bitcoin ATMs, citing concerns over potential criminal activity and lack of regulation. The decision aims to enhance financial security and oversight in the local economy.

US Establishes Stablecoin Regulations Amid Calls for Crypto Clarity
The US has finalised regulations for stablecoins, responding to ongoing demands for clearer cryptocurrency guidelines from firms like Ripple, Cardano, and Chainlink.

Lighter Token Surges 23% This Week Due to Two Key Factors
Lighter Token has experienced a 23% increase this week, driven by two significant catalysts. The details surrounding these factors highlight the reasons behind the token's rally.

