REGULATION
New York Sues Coinbase, Gemini Over 'Illegal Gambling' Claims
New York AG Letitia James targets Coinbase and Gemini, alleging their prediction markets violate state gambling laws.
South Korea Deploys AI to Track Crypto Taxes Ahead of 2027 Rollout
South Korea's tax agency launches AI-backed crypto monitoring system to enforce upcoming 22% tax on gains, set to take effect in 2027.
UK Unveils New Payment Rules for Stablecoins, Tokenized Assets
UK Treasury introduces reforms to integrate stablecoins, tokenized deposits into payments system, appoints Chris Woolard to lead digital strategy.
Philippine SEC Flags dYdX, Others as Unregistered Platforms
The Philippine SEC warns against dYdX and six other crypto platforms for operating without proper registration, ramping up its crackdown on unlicensed operators.
European Banks Tap Fireblocks for MiCA Euro Stablecoin by 2026
A 12-bank consortium led by Qivalis plans a MiCA-compliant euro stablecoin to challenge dollar dominance, eyeing a late 2026 launch.
NY Lawmaker Proposes AI Dividend Tax to Fund Direct Payments to Americans
New York Assemblyman Alex Bores unveils plan to tax AI companies and distribute dividends to US citizens facing job displacement from automation.
Bybit Leads $8M Series A for Malaysian Exchange Hata
Bybit backs Malaysia's dual-licensed crypto exchange Hata with $8M Series A funding as Southeast Asian nation builds out digital asset regulations.
Warren Accuses SEC Chair Atkins of Misleading Congress on Enforcement Drop
Senator Elizabeth Warren claims SEC Chair Paul Atkins may have deliberately misled Congress about plummeting enforcement activity under Trump administration.
Poland Parliament Fails to Override Crypto Bill Veto for Second Time
Polish lawmakers fell 20 votes short of overriding President Nawrocki's veto, leaving Poland as the only EU state without MiCA implementation.
Russia Proposes Prison Time for Unlicensed Crypto Services
New Russian bill targets unregistered crypto operators with up to 7 years imprisonment and $13,100 fines as Moscow tightens digital asset oversight.