Regulation
CFTC Sues Cash FX Group Over $950M Crypto-Linked Forex Scheme
Federal regulator targets multilevel marketing operation allegedly using cryptocurrency and forex trading as cover for $950M Ponzi scheme affecting hundreds of thousands.
ECB Chief Lagarde Blocked Binance EU Entry, WSJ Reports
European Central Bank President Christine Lagarde intervened to prevent Binance from operating in the EU, citing regulatory concerns and stablecoin dominance risks.
House Bill Drops Stablecoin Tax Deferral for Miners and Stakers
The Digital Asset Tax Certainty Act excludes provisions allowing miners and stakers to defer taxation on rewards, maintaining immediate tax liability on token generation.
Revolut Data Breach Exposes Bitcoin Transactions, Passport Data
Fintech platform Revolut disclosed a data breach affecting customers after a sophisticated impersonation scam targeting high-net-worth crypto users.
Albuquerque Bans Bitcoin ATMs, Citing 90% Fraud Rate
New Mexico city joins Indiana, Tennessee, and Minnesota in prohibiting crypto kiosks, citing scam epidemic and irreversible transactions used by criminals.
Standard Chartered Launches Bitcoin Trading for UAE Institutions
Global bank becomes first G-SIB to offer spot Bitcoin and Ether trading in Dubai financial centre, expanding crypto infrastructure in Middle East.
SEC Overhauls Transfer Agent Rules for First Time Since 1980s, Embracing Tokenization
The SEC proposes sweeping reforms to transfer agent regulations, directly addressing blockchain recordkeeping and tokenized securities after 40+ years of unchanged rules.
BIS Chief Questions Stablecoin Credibility as Regulators Tighten Rules
Bank for International Settlements argues stablecoins lack viability as everyday payments, backing tokenized bank deposits instead as regulatory frameworks diverge globally.