Cryptocurrency regulation, SEC enforcement, government policy, and the legal future of digital assets.
Crypto Spends $176 Million on Midterms, But Only 13% of Voters See It as a Priority
The crypto industry spent approximately $176 million across more than 100 midterm races this cycle, with super PAC Fairshake and its affiliates accoun…
JPMorgan, Coca-Cola Among 7 More Companies Objecting to OKX-ICE Tokenized Stocks
JPMorgan Chase, Coca-Cola, and Dell Technologies joined seven other companies objecting to OKXICE TSV's tokenized stock venue, according to a notice d…
Justin Sun's HTX Agrees to Leave UK in Settlement With Financial Watchdog
HTX, the crypto exchange where Justin Sun serves as global adviser, has agreed to leave the UK following a settlement with the Financial Conduct Autho…
Russia Approves Securities Group to Oversee Crypto Exchanges
Russia's central bank approved NAUFOR, the National Association of Securities Market Participants, as the country's first self-regulatory organization…
U.S. Treasury Sanctions Crypto Launderers Behind North Korea’s Fake Workers
The U.S. Treasury sanctioned ten individuals and one entity on Tuesday for laundering money from North Korean fake IT worker schemes that fund the reg…
Ripple gets a final go-ahead to launch its own U.S. national trust bank
Ripple secured approval from the Office of the Comptroller of the Currency (OCC) to launch Ripple National Trust Bank (RNTB), marking a watershed mome…
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
South Korea is considering pushing back implementation of its long-delayed cryptocurrency gains tax to 2029, marking the fourth postponement of a poli…
South Korea lawmakers mull pushing crypto tax implementation to 2029
South Korea's parliament is considering postponing its long-delayed cryptocurrency taxation framework to 2029, marking the latest in a series of defer…
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
# NBA Joins CFTC's Prediction Market Push as NFL Resists The NBA has aligned with the Commodity Futures Trading Commission's push to legitimize predi…
US senator probes Tether after reported deal with ex-Trump crypto adviser
A senior Democratic senator has launched an investigation into Tether, demanding records from the stablecoin issuer's chief executive Paolo Ardoino re…
SEC flags tokenization as high-risk area in 2027 market examinations
The Securities and Exchange Commission designated tokenization as a high-risk examination area for 2027, signaling intensified regulatory scrutiny ove…
China targets 2030 for its national blockchain network buildout
China has set 2030 as its target completion date for a national blockchain infrastructure network, embedding distributed ledger technology deeper into…
New York AG seeks $1.37B from NovaTech founders over Ponzi scheme
New York's attorney general is pursuing $1.37 billion in damages against NovaTech founders following an August 2025 default judgment that found the op…
Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker
# Major Companies Resist Tokenized Stock Launch, But Tokenization's Future Remains Intact McDonald's, Microsoft, and Google declined participation wh…
ECB official sees digital euro as key to protecting EU ‘sovereignty’
The European Central Bank's executive board member Piero Cipollone positioned a digital euro as an essential tool for the European Union to maintain m…
Netanyahu floats use of blockchain as solution to potential financial sanctions
Benjamin Netanyahu proposed blockchain and cryptocurrency as potential tools to circumvent international sanctions, comments delivered amid Israel's p…
Wells Fargo and five others object to OKX-ICE tokenized stock listings: Report
Six major financial institutions, including Wells Fargo, have formally objected to OKX and ICE's plans to launch tokenized stock listings on a new pla…
IRS plans lower tax disclosure penalties, including for crypto: Forbes
The Internal Revenue Service is reshaping its voluntary disclosure program to reduce penalties and accelerate resolution timelines for taxpayers who c…
Latvia targets tokenization rules in 2027 with commercial property in focus
Latvia is charting a course toward tokenization regulation that could materialize as early as 2027, with real estate emerging as the primary target as…
UK banks face 10,000 complaints in 3 months over crypto restrictions
British banks are facing a mounting wave of customer complaints over their handling of cryptocurrency purchases, with 10,000 grievances filed in just …
Crypto PACs escalate spending against Sherrod Brown in Ohio Senate race
Crypto-focused political action committees have deployed significant resources against Senator Sherrod Brown's reelection bid in Ohio. At least two in…
Australia seeks feedback on crypto platform rules ahead of 2027 rollout
Australia's securities regulator is seeking public feedback on proposed capital, custody and trading standards for cryptocurrency platforms ahead of a…
French lawmakers back reporting rule for crypto wallets over $112K
French lawmakers have approved a reporting requirement for cryptocurrency wallet holders with assets exceeding approximately 112,000 euros. The measur…
Tokenized Stocks Show Real Demand But Remain Volatile and Illiquid, IMF Finds
The International Monetary Fund released findings on tokenized stocks showing that the nascent market operates with distinct characteristics from trad…
US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
The US Treasury Department plans to seize approximately $1 billion in cryptocurrency linked to Iran, according to Treasury Secretary Scott Bessent. Th…
Crypto’s heavy backing of Republicans alienated Democrats: Cuomo
Former New York Governor Andrew Cuomo stated that the crypto industry's heavy financial backing of Republican candidates has alienated Democrats, pote…
South Korea advances tokenized securities rules ahead of 2027 rollout
South Korea's financial regulator has proposed detailed rules for tokenized securities ahead of a planned 2027 rollout, according to CoinTelegraph. T…
SEC proposes new crypto custody rules for investment advisers and funds
The Securities and Exchange Commission released a proposed rule governing cryptocurrency custody arrangements for investment advisers and funds, accor…
CFTC seeks to define event contracts as swaps amid prediction market fight
The Commodity Futures Trading Commission moved to reclassify event contracts as swaps, a regulatory maneuver that would grant the agency exclusive fed…
Crypto advocacy group announces picks for US Congress as midterms loom
A major crypto advocacy group has thrown its weight behind specific congressional candidates ahead of the 2027 midterms, betting that Democrats will l…
Could THORChain face prosecution over stolen Bitget funds?
THORChain faces a legal minefield after the $387.5 million Bitget hack, with prosecutors potentially examining whether the protocol's developers bear …
Singapore crypto activity grows 55% as broader region contracts
Singapore's cryptocurrency market experienced explosive growth in the latest reporting period, expanding 55.4% to reach $284 billion in total on-chain…
FCA opens crypto authorization window ahead of 2027 UK regime
The UK Financial Conduct Authority has opened an authorization window for crypto firms operating under temporary relief provisions, with a February 28…
A single market worth protecting: Getting the MiCA review right
The European Commission faces a critical decision as its Markets in Crypto-Assets Regulation (MiCA) review consultation closes. The outcome determines…
Crypto industry gave $8 million to Clarity Act lobbyists who didn't close the deal
# Crypto Industry's $8M Clarity Act Lobbying Push Fails to Move the Needle The crypto industry deployed $8 million in lobbying firepower during the f…
U.S. CFTC seeks event contract definitions that may defy states' gambling claims
# CFTC Moves to Defend Prediction Markets Against State Gambling Challenges The Commodity Futures Trading Commission submitted two regulatory rules t…
Illinois draft crypto tax rules detail DeFi, stablecoin treatment
Illinois released draft regulatory guidance for its controversial 0.2% digital asset transaction tax, offering the first concrete details on how the s…
Trump accord calls for tech firms to ‘self police’ their own frontier AI
The Trump administration released a voluntary accord requiring major technology firms to self-regulate their development of frontier artificial intell…
Crypto regulation at SEC, CFTC to come down to 3 commissioners following key resignation
The Securities and Exchange Commission and Commodity Futures Trading Commission will operate at reduced capacity starting Friday following a high-leve…
Democrats killed the Clarity Act
# Democrats killed the Clarity Act The Cryptocurrency Clarity Act faced a critical setback as Democratic leadership blocked its advancement in the Se…
Coinbase gets CFTC approval for US derivatives clearinghouse
Coinbase has secured regulatory approval from the Commodity Futures Trading Commission to operate a US derivatives clearinghouse, establishing the exc…
Nvidia unveils AI safety platform to rein in ‘rogue’ AI agents
Nvidia has launched a new AI safety platform designed to contain and control autonomous AI agents that operate beyond their intended parameters. The m…
US SEC follows CFTC in staff guidance for crypto
The US Securities and Exchange Commission released staff guidance on how federal securities laws apply to token issuers, mirroring a regulatory playbo…
Crypto PAC spends $11M to oppose Sherrod Brown in Ohio
A cryptocurrency-backed political action committee has mobilized $11 million in spending against Senator Sherrod Brown in Ohio's Senate race, part of …
MiCA focus shifts from rulemaking to supervision, ESMA chair says
European Securities and Markets Authority (ESMA) chair signals a strategic pivot away from developing new MiCA rulebooks and toward enforcement and ov…
Tether is a ‘lifeline’ for Iranian regime, Senate Dems say in new report
A new report from Senate Democrats on the Permanent Subcommittee on Intelligence alleges that Tether (USDT) has become a critical financial infrastruc…
AI agents could drain cheap bank deposits, Apollo's Torsten Slok warns
Apollo Global Management's chief economist Torsten Slok raised an alarm about how artificial intelligence agents could destabilize the banking system …
Newsom signs California ban on public officials issuing memecoins
California Governor Gavin Newsom has signed legislation that bans public officials from issuing memecoins, marking the first U.S. state-level law to d…
Australia asks OpenAI, Anthropic chiefs to Senate inquiry on rogue hack: Report
# Australia Summons OpenAI and Anthropic Executives Over AI Security Breach Australia's Senate is calling OpenAI and Anthropic leadership to testify …
Saylor outlines ‘bill of digital rights’ to help build prosperity in future economy
Michael Saylor, executive chairman of MicroStrategy, articulated a vision for digital economic participation through what he calls a "bill of digital …
CFTC updates guidance on tokenized assets, blockchain records after failed vote
The Commodity Futures Trading Commission released updated guidance on tokenized assets and blockchain records following a failed legislative push for …
How months of work on the Clarity Act all fell apart
# How Months of Crypto Clarity Act Work Collapsed into Legislative Failure The Clarity Act crashed in a House vote this month after months of negotia…
Samourai Wallet co-founder faces transfer after 30-day jail ordeal
Keonne Rodriguez, co-founder of the privacy-focused bitcoin wallet Samourai, faces another prison transfer after spending 30 days in transit during hi…
U.S. SEC's steadiest crypto advocate, Hester Peirce, to depart next week
Hester Peirce, the SEC's most vocal cryptocurrency proponent, departs her commissioner role on October 2. The timing carries weight for the agency's r…
Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations
The Sixth Circuit Court of Appeals delivered another legal setback to Kalshi, the prediction market platform backed by crypto venture capital. The pan…
Blockchain Association sees leadership shift shortly after crypto Clarity Act fizzles
The Blockchain Association, one of crypto's most visible Washington advocacy groups, returns to its founding leadership as internal tensions surface f…
Kalshi loses appeal, setting up potential Supreme Court case
Kalshi's legal battle over prediction market regulation hit a major setback after the 6th US Circuit Court of Appeals ruled against the crypto platfor…
SEC Commissioner Hester Peirce to leave post on Oct. 2
SEC Commissioner Hester Peirce steps down October 2 after eight years on the commission, marking a turning point for crypto regulation in Washington. …
CFTC sues Cash FX, alleges $950M crypto-linked forex scheme
The U.S. Commodity Futures Trading Commission filed suit against Cash FX, alleging the operation ran a $950 million crypto-linked forex scheme that sy…
OG.com seeks CFTC approval for single-stock perpetual futures
OG.com, the recently spun-out derivatives trading platform from Crypto.com, has formally sought regulatory approval from the Commodity Futures Trading…
Ex-CFTC leader to leave Blockchain Association after CLARITY vote fails
Former CFTC Commissioner Summer Mersinger is departing the Blockchain Association following a failed vote on the CLARITY Act, marking another shift in…
Exchanges reporting crypto gains to IRS becomes tax nightmare
The IRS now receives direct reporting of cryptocurrency gains from exchanges, but the agency lacks visibility into cost-basis data. This gap creates a…
Tokenization is moving faster than Washington
# Tokenization Moves Faster Than Washington Can Regulate The pace of tokenization now outpaces the regulatory machinery in Washington. Former New Yor…
Australia PM warns of AI’s ‘furious pace’ after agent breached government site
Australian Prime Minister Anthony Albanese issued a stark warning about artificial intelligence development velocity after disclosing that an OpenAI a…
New York sues Polymarket, alleging it is running an illegal gambling operation
New York's attorney general filed a lawsuit against Polymarket, accusing the prediction market platform of operating an unlicensed gambling operation.…
New York sues Polymarket over alleged illegal gambling business
New York state filed suit against Polymarket on Tuesday, alleging the prediction market platform operates as an unlicensed gambling business in violat…
Kalshi says CFTC hasn’t contacted it over ‘unusual’ $5B trading activity
Kalshi, the CFTC-regulated prediction market platform, faces scrutiny over nearly $5 billion in Ether perpetual trades that critics flagged as suspici…
Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility
# SEC Quietly Dropped Crypto Cases to Protect Its Court Record, Former Acting Chair Says The Securities and Exchange Commission abandoned multiple en…
White House adviser defends President Trump's crypto ties in wake of Clarity Act defeat
Patrick Witt, President Trump's cryptocurrency adviser, mounted a defense of the administration's digital asset stance after the collapse of the Clari…
ESMA to prioritize EU-wide AI and tokenization supervision in 2027
The European Securities and Markets Authority (ESMA) plans to establish coordinated EU-wide supervision of artificial intelligence and tokenization st…
Inside the FBI’s little-known annual crypto crime gathering
# Inside the FBI's Little-Known Annual Crypto Crime Gathering The FBI runs an annual event that few people outside law enforcement know exists. The V…
CFTC issues warning over risky prediction market ‘mention’ contracts
The Commodity Futures Trading Commission leveled a formal warning against prediction market platforms offering "mention" contracts, digital derivative…
Republican senator calls for probe into US presidents’ sons, citing crypto ventures
A Republican senator has demanded a federal investigation into cryptocurrency ventures linked to sons of U.S. presidents, marking a rare bipartisan al…
CLARITY vote failure could stoke more crypto PAC spending in key races
The crypto industry faces a critical inflection point in campaign finance strategy after the CLARITY Act failed to advance in Congress. The legislatio…
Next for the U.S. SEC: Agency's chief crypto counsel illuminates path for custody
# SEC's Top Crypto Counsel Charts Regulatory Path on Asset Custody Taylor Lindman, chief counsel of the SEC's Crypto Task Force, is mapping out how t…
Manhattan US Attorney leading probe into Binance’s Iran compliance: Bloomberg
The US Attorney's Office for the Southern District of New York is leading a criminal investigation into whether Binance knowingly facilitated trading …
Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia's withdrawal from mBridge marks a significant fracture in the China-led central bank digital currency coalition. The Financial Times repo…
Crypto Biz: CLARITY Act setback puts Coinbase in the spotlight
The CLARITY Act's legislative stall has thrust Coinbase into an uncomfortable spotlight, exposing fissures in the crypto industry's regulatory strateg…
Crypto political group plans to spend $30 million against Sherrod Brown's Senate bid
Fairshake, the crypto industry's primary political action committee, plans to deploy $30 million against Ohio Senator Sherrod Brown's 2026 reelection …
Why banks and offshore hubs like Dubai are winners of the Senate killing the Clarity Act
# Banks and Offshore Hubs Win as Senate Stalls Stablecoin Clarity Act The Senate's failure to advance the Clarity Act represents a decisive defeat fo…
Hana Bank taps Euroclear blockchain for $100M bond issuance: Report
Hana Bank completed a $100 million bond issuance on Euroclear's blockchain infrastructure, collapsing settlement time from the traditional three to fi…
North Korean fake recruiters infect 30K devices, steal $10.7M in crypto
North Korean cyber group WaterPlum executed a sophisticated supply chain attack targeting software developers across the globe, infecting at least 30,…