U.S. sanctions Iran-linked bitcoin insurance scheme for Strait of Hormuz ships
The Treasury Department said the Hormuz Safe platform accepted bitcoin and other digital assets as part of an alleged sanctions workaround tied to IRGCbacked…
New York sues Kalshi, alleges it offers a gambling platform 'plain and simple'
The suit wants to bar the company from operating what it says is an unlicensed gambling business and seeks financial redress. Source:CoinDesk
JPMorgan says fading Clarity Act odds weigh on crypto outlook
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional…
Telegram faces terror-related legal action in Australia one day after founder is charged by Russia
The platform faces a fine of up to $38 million for allegedly failing to remove terrorrelated content. Source:CoinDesk
South Korea plans to tax crypto gains over $1,740 as political battle moves to parliament
The country plans on taxing cryptocurrency gains from Jan. 1, 2027, signaling that it does not intend to postpone the measure for a fourth time. Source:CoinDesk
BitRiver founder charged in Russia with $12.5 million fraud
Igor Runets has been transferred to a pretrial detention facility from house arrest as he faces accusations of failing to deliver on a contract. Source:CoinDesk
South Korea report proposes stablecoin rules before crypto law
Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act.…
Russia charges Telegram founder Pavel Durov with aiding terrorism
The charges could result in life imprisonment, escalating an investigation that has already led to over 100 million rubles in fines for the platform this year.…
UK policy sprint finds cross-border payments are stablecoins’ top use case
Industry participants said stablecoins offer the biggest nearterm benefits for crossborder payments, while domestic UK retail adoption is likely to remain…
Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first
Coinbase Canada's new CEO, Eric Richmond, says permanent rules, rather than temporary exemptions, are needed as the company pushes to expand into derivatives,…
BlackRock, Fidelity, other Wall Street giants back the Clarity Act
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market structure bill as the Senate's timeline tightens.…
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.…