REGULATION
Hyperliquid, Paradigm Challenge FinCEN's GENIUS Rule Proposal
Hyperliquid and Paradigm urge FinCEN to revise GENIUS Act rules, warning that overreach on secondary markets could undermine DeFi and U.S. stablecoins.
Kalshi Referred to Regulators Over Influencer Ad Practices
Kalshi faces regulatory scrutiny after refusing an inquiry into influencer advertising disclosures, raising questions about compliance in prediction markets.
EU Should Focus on Tokenization, Not DeFi, Says MiCA Architect
European Commission adviser Peter Kerstens believes tokenization and real-world asset markets should take precedence over DeFi regulation in future EU priorities.
UK FCA Proposes 10% Crypto Cap for Retail Funds
The UK FCA proposes allowing retail funds to allocate up to 10% to crypto, balancing market innovation with investor protection.
AI Transforms Legal Practice with Research, Drafting Tools
AI reshapes law firms with tools for research, drafting, and eDiscovery. Key use cases, adoption trends, and risks for 2026 explained.
Bithumb Raided by South Korea Police in Influence Probe
South Korea police raided Bithumb amid allegations lawmaker Kim Byung-gi used his position to secure his son's job. Regulatory scrutiny intensifies.
Illinois Crypto Tax in FY2027 Budget Awaits Governor's Approval
Illinois' FY2027 budget includes a 0.2% crypto tax, potentially generating $60M annually, but faces criticism from industry groups.
Strategy's Bitcoin Sale Tests Treasury Model Assumptions
Strategy’s first Bitcoin sale since 2022 sparked market reactions, challenging the 'never sell' narrative as BTC price drops 3.4%.
House GOP Pushes Prediction Market Restrictions for Lawmakers
House Republicans propose legislation limiting lawmakers' use of prediction markets, adding to a broader stock trading ban debate.
South Korea Investigates Polymarket Users for Illegal Gambling
South Korean police probe Polymarket users for alleged illegal gambling, marking the first enforcement action against decentralized prediction markets in the country.